Vilnius, Lithuania

Vilnius, Lithuania

Case Study

Investment partner in project to acquire 12 acres of agricultural land. Planning permission now obtained for substantial tourism development.

  • Location: Vilnius, Lithuania

    Date: 2009 – 2018
  • Gross Development Value: £3 million

    Gross Profit Margin: 30%
  • Description: Investment partner in project to acquire 12 acres of agricultural land (former piggery) within national park status of Trakai. Planning permission obtained for substantial tourism development.

    Special features: Development of site was contrary to Local Plan. Now successfully zoned and site sold to International hotel chain.