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58 percent of homes, developed by INREAL Group in Nida, have already been sold before the start of construction

2020-11-09

INREAL Group began developing its "Marių vėtrungės" project in Nida (Purvynės str. 55, Neringa). The project was launched after preliminary sales contracts have already been concluded for 58 percent of the homes comprising the project. UAB Binkauskas ir Stašinskas company was chosen to be the construction contractor of the "Marių vėtrungės" project. The project is planned to be completed in the first half of 2022.

"Marių vėtrungės" is consistently continuing the conversion of sustainable development of the northern territory of Nida. We are concluding our construction contract after already securing preliminary sales contracts for nearly 60 percent of our offered housing. This project was expected to attract the market's attention, but it exceeded our expectations. We are truly happy to have received such success," said Head of INREAL Group Gediminas Pruskus. According to him, people looking for a second home by the seaside have been particularly active during the second half of 2020.

The 77-are area of the project, which consists of 8 small buildings, offers 2-3 room homes with a total area of 40-60 square meters. There are also larger 4-5 room apartments with the possibility to combine them to form even more spacious housing areas. The apartments are sold with full finishing. Each has a private balcony or terrace with a patio. The surrounding territory of the apartment block will include recreational areas, children's playground, spaces for bicycles and cars, an electric car charging station, and ancillary facilities.

Particular attention was paid in choosing a reliable construction contractor by considering the quality of work performed, extensive experience and compliance with the established deadlines. Construction works have been entrusted to UAB Binkauskas ir Stašinskas company, which already has 15 years of experience in the market. "We are happy to be able to expand the geography of our construction activities and implement a significant project in one of the most beautiful places of Lithuania," said Kęstutis Binkauskas, the co-owner of the company.

"Marių vėtrungės" was designed by the company "GAL architektai", whose creative ideas have already been implemented in the previous seaside projects of Inreal Group: "Kopų vėtrungės", "Nidos Rytys" and "Labas, Jūra!".

Warehouses and industrial buildings situated in the former fishers' farm area on Purvynės str. will be reconstructed and converted into a holiday apartment block. The development of an apartment block of this size in Neringa is unique. Total building area will reach 3974 square meters. Investments will reach 9.8 million euros. This is already the tenth project developed by INREAL Group in the Curonian Spit. The project is partly financed by Šiaulių Bankas.


About INREAL group

INREAL is a trademark of an idea, which gives spark to unique projects, basis for professional services, and added value to businesses, clients, and partners. INREAL positions creativity as a core value in the dynamic business world. INREAL Group, which consists of UAB "Inreal", UAB "Inreal GEO" , UAB "Inreal valdymas" and its managed companies, develops unique real estate (RE) projects and provides probably the widest range of real estate services in 11 cities in Lithuania. The company has engaged in business operations for 25 years and implemented more than 70 real estate projects of various purposes, which received recognition and awards at contests not only in Lithuania but on an international scale as well. Four years in a row INREAL Group was named as the National Winner during the prestigious European Business Awards.

More information:

Rūta Merčaitienė Head of Marketing and Communication at INREAL group +370 611 29 779 ruta.mercaitiene@inreal.lt

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