Introduction

LIFESTYLE OPPORTUNITIES IN LITHUANIA

RESORT STYLE LIVING . . .

The site – which includes a freshwater lake and is currently undeveloped – is situated in a highly popular, coastal area which attracts a substantial number of visitors every summer.  In addition to the seaside attractions nearby, a Japanese Theme Garden is currently under construction and, it is believed, an 18-hole golf course is being planned.

The lands altogether are comprised of 76 ha, which include a 10 hectare fresh-water lake which is approximately 30 meters deep, 34 hectares forest, and 33 hectares of land in the greater region of Kretinga, townships of Kasuciai and Barkeliai.  It is notable to mention that Lake Kasuciai is the ONLY fresh-water lake in the region, and is situated only 18  and 16 km away from the Palanga and Sventoje coastal resorts, 4 km from the Town of Darbenai, and 12 km from the City of  Kretinga.

In accordance with the proposed territory general plans for the region of Kretinga/Klaipeda the site has been coloured yellow which means the site is targeted for the building of residential homes, recreation and commercial development.

The property is suitable for a variety of purposes and Ms. Pace has considered selling individual plots on which purchasers could build holiday homes.

Possibilities for Resort Opportunities

Family Adventure Park

A variety of amusements, attractions and sporting activities catering for day-visitors and of particular appeal to family groups during inclement weather.  Could include seasonal accommodation plus a wealth of revenue streams from admissions, catering, retail and sponsorship.  Capital investment will be reasonably high (commensurate with returns) but can be phased over a period of years.

Lakeside Holiday Park

An all-year landscaped club featuring Swedish-style log cabins let on a timeshare basis and camping amenities with entertainment and leisure facilities exclusively for members and, perhaps, day-guests.

Requiring a relatively modest investment but with the significant advantage that the scheme may be sold “off-plan”.

Wellness Resort

A 5-star residential health spa offering a range of treatments in a relaxing, pampering and contained environment.  Accommodation available in a boutique hotel, apartments and luxury lakeside villas each with its own sauna and/or hot tub.

Premium returns from a capital-intensive development.

PRESERVE THE NATURAL WILDLIFE AT LAKE KASUCIAI

SITE ADVANTAGES

• FOREST, NATURAL LAKE, LAND – all in one place.
• Accessible by own transport, and local public transit.
• Close proximitiy to the Baltic Sea Resorts of Palanga and Svenoje, City of Kretinga, and Village of Darbenai.
• Several “green zones”.
• Located on the exclusive shores of Lake Kasuciai, and a short walk to Akmena (Danes) River.
• Various opportunities for development.
• Natural building and landscape resources such as timber, stones.
• Surrounding area falls into a zone with great investment prospect.
• Breathtaking landscape.
• Good infrastructure.