Hotel and restaurant Ligoninės st. 5, LT-01134 in the old town of Vilnius. The building is located in one of the quieter streets of oldtown of Vilnius, three hundred meters from Ratušė Ratušė (eng. Town Hall), easily accessible Aušros vartų street. Easy access to the main locations of Vilnius, conference halls and hotels.
The market value of the appraised object was determined the 14th on March in 2016.
On the date of value determination (March 14, 2016), the object of the assessed property, which consists of 848.32 sq. m area non-residential premises – hotel, (the market value of the building in which the premises are located at Ligoninė St. 5, Vilnius, taking into account the discussed conditions and limiting circumstances, the nature of the property and the valuation case, the information examined above, may be 1,900,000 Euros (one million nine hundred thousand euros).
The real estate object is located in one of the most attractive and convenient places in the city – Vilnius Old Town, it
surrounded by an attractive environment, the area in question is characterized by a high concentration of services, trade, cultural events and entertainment popular with Vilnius residents and guests.
The object’s location in the city’s transport infrastructure makes it exceptionally convenient and well accessible in all main directions. Excellent communication with municipal and private schools, pre-school education institutions, transport stops. For both children and residents without a car, the distance to the nearest public transport stops is easily covered: Gėlės st., Rūdninkai st., Ratušė square, Vingriai st., Bazilijonų st., Vokiečių st., Trakų st.
For those coming from other cities, foreign countries, bus and train stations are easily accessible. The valued object of the property is located in the territory of immovable cultural values and its protection zone.
Assessment premises located at Ligoninė st. 5, LT-01134 Vilnius, physical condition is good.
The existing main purpose and method of use of the plot of land
The current main purpose of the plot of land is another; method – land of other purpose: residential, commercial objects and infrastructure territory (for a residential building with administrative and commercial premises and for the operation of a transformer substation structure).
Existing and/or intended main purpose of use of the structures, types of structures
The main purpose of use of the buildings is existing and/or expected: residential purpose, changed to catering purpose.
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