Palanga, Jūratės St., land plot designated for an apartment building

Unique Investment Project – Land Plot Designated for an Apartment Building

Key parameters:
Permitted construction: up to 4 floors
Maximum height: 13.50 meters
Building coverage: 30% (228 m² ground-floor external building footprint)
Intensity (FAR): 0.8

This unique opportunity gives the new owner the freedom to decide how to finalize the detailed plan and which concept to pursue: exclusive, luxury apartments with high ceilings, or a mid-market apartment building with functional units.

There are broad possibilities to meet various investment and development goals. For the new project, it is necessary to prepare and submit visualizations, insolation (sunlight) studies, a parking layout plan, waste container placement, and other materials for public and municipal review. This provides an excellent chance to deliver a project that meets the highest standards of aesthetics and functionality while integrating harmoniously into the surrounding urban fabric.

This is a rare find on the market, offering not only investment potential but also the opportunity to directly participate in creating a new living space. Don’t miss the chance to acquire this plot and realize your project.

To learn more or discuss next steps, please get in touch. We look forward to your calls and emails!