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Real Estate

One Vilnius microdistrict grows by a thousand inhabitants every year

Press release
in 2024 August 06 09:30 a.m
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3 min. reading
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One of the youngest micro-districts of Vilnius, Pilaitte, lives up to its title and continues to be one of the most popular choices among young families, and the population of the area dubbed the "city within a city" is growing by almost a thousand every year. The essential aspect of the attraction of settlers is usually the combination of the nature surrounding the area, the supply and the infrastructure that has been significantly developed in the last decade and is still being planned.

The first ones apartment buildings In Pilaite began to sprout three decades ago, and in 2011, 20 thousand already called the district home. Vilnius residents. According to last year's data, the population of Pilaitė exceeded 31 thousand. limit and remains one of the fastest growing microdistricts of the capital.

In the last few years, Pilaitė has had the largest supply of new housing compared to other economic class micro-districts such as Hazelnuts, Nobles, Pashilaičiai or Justiniškės. Buyer activity was also determined by extremely attractive prices, which remain one of the most competitive among the mentioned districts and reach approximately 2720 EUR per sq.m. meter. Due to the number of new projects this year, new apartments in Pilaite are among the most attractive, and increased competition has made housing in Pilaite more affordable.

"Pilaitė has been in the top five of the most popular microdistricts of Vilnius for at least 10 years. In 2023, 165 apartments were sold here, and in the first half of this year, 78 newly built homes were purchased, so we can predict a similar pace until the end of the year. Although young families dominate among buyers, the constantly developing infrastructure of the district and nature within reach are attractive to everyone. We notice that buyers of new apartments in Pilaite are very often families already living in Pilaite, who needed additional space", says "GO Development" development department director Tomas Žiaugra.

Located in the western part of Vilnius, the district is characterized by convenient connections with other micro-districts and the central part of the city. There are eight bus routes in Pilaite, there are temporary car and scooter rental platforms, and nearby there is a western bypass that connects with main roads in the directions of Panevėžys and Kaunas.

The name "city in the city" is also justified by the constantly growing range of public and private services in the district: in Pilaite there are several schools, kindergartens, a church, polyclinic, beauty and health facilities, sports clubs and playgrounds, bars and restaurants, there are many grocery stores, and a few years ago one of the largest shopping centers in Vilnius was opened. It is expected that a new nursery-kindergarten will open its doors in the fourth quarter of 2024 on Tolminkiemi Street. In the near future, new kindergartens, which are extremely relevant for young families, should also be built in the micro-district on Pajautas, Priegliaus and Parkos streets, as well as an elementary school, which will be located on Kant avenue. Vilnius city municipality also envisages the expansion of the Pilaitė polyclinic and new spaces for leisure time - a swimming pool on Įsruties Street and tennis courts and a swimming pool on Čekoniškių Street.

"Looking at the plans of the public sector and private developers in Pilaite, it is obvious that in the near future the growth and development of this microdistrict will definitely not slow down. As the population grows, communication and social infrastructure will be improved, and the amount of parks and green areas will be increased. I think that over time the phrase "city within a city" will only take root here," adds T. Žiaugra.

In the last decade, Pilaitė has expanded mostly in the north and west directions, although new housing has also sprung up in the south of the district. However, according to the data of EIKA Development, the potential of the district has not been used: about 1000 newly built dwellings may be offered here this year.

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