Real estate project management company Groupinvest has reached an agreement with Bigbank on financing of EUR 11,5 million for the development of the residential real estate project Romeo and Juliet in Vilnius, Bigbank said in a press release.
This real estate project in the Viršuliškės microdistrict of Vilnius will consist of 162 dwellings and commercial premises. It is planned to build 1-3-room apartments (from 30 to 68 sq m), their price will range from 110 thousand to 170 thousand euros. Commercial premises designed on the first floors of apartment buildings will be from 70 to 140 sq m, their price will start from 2 euros per square meter.
"It will be extremely attractive, but affordable for many House "In Viršuliškės, a rapidly developing area of Vilnius, with very convenient transportation and well-developed infrastructure. In addition, the apartments are of A++ energy efficiency class, so it will be a smart investment in comfortable, economical and sustainable everyday life," says Greta Fominė, Head of Business Control at Groupinvest.
A total of two housing blocks of A++ energy efficiency class are being built: the first block "Džiuljeta" - 9 floors, the second block "Romeo" - 10 floors. This is an optimal option that allows you to feel like a participant in an active neighborhood, but not have to worry about too many neighbors. Also, it is planned to install 2-story underground parking lots in both blocks.
The main architectural accent will be contrast and opposition – two volumes, two different color schemes, two characters. These are like symbols proving that opposites can coexist harmoniously. Future residents will be delighted not only with a modern home environment with playgrounds, sports and recreation areas, but also with a city park bordering the project, the completion of which is scheduled for the first quarter of 2026.
"We chose to work with Bigbank because this bank specializes in real estate financing and understands the needs of developers well. We were looking for partners who would be flexible and quick to make decisions - this bank perfectly met our expectations," G. Fominė argues for the choice of financier.
According to Deividas Žukas, Head of the Business Loans Department at Bigbank, the choice to cooperate with Groupinvest was made due to the attractiveness of the project: "We have no doubt that this real estate project will be a success - there is a lack of this type of housing in residential areas in the current market, so we agreed to work with Groupinvest without hesitation."
Construction of the project began in 2025. Construction is expected to be completed in the fourth quarter of 2026.
