Located in the country of Lithuania, this recreational property project is set to take place in the city of Vilnius. With a price per share of €100 and an estimated minimal return of 13 percent, the property holds a value of €35,000. The project will utilize a plot of land along with a building that will serve as a hangar, with construction scheduled for the years 2017-2018.

The property is in good condition and aligns with the data provided in the cadastral measurements file, as well as the principle of maximum and best use. The building consists of sixteen premises, featuring concrete foundations, metal structures for walls and partitions, and a pitched roof supported by metal structures. Interior decoration includes leveled concrete flooring, multi-layer panels on walls, and various built-in equipment such as sinks, toilets, and water heating appliances.

As part of the project, two aircrafts - Cessna 172 and Cessna 182 - have been acquired and will be prepared for operation. Additionally, efforts will be made to obtain licensing as an air carrier, install airfield infrastructure, and construct modular houses. The main sources of income from 2024-2026 will come from aircraft rental to a company providing aviation special works and recreational sightseeing flights in partnership with UAB "Gera dovana."

With a focus on sustainability and profitability, this real estate investment opportunity in Lithuania offers a unique chance to be part of a thriving aviation venture. The careful planning and strategic partnerships involved in the project ensure a promising return on investment for those looking to diversify their portfolio in the real estate sector.