Over the past decade, the Lithuanian real estate buyer has evolved. We have become bolder and more global, with thousands of Lithuanians adding apartments on the coasts of Spain, in Cyprus or in Dubai skyscrapers […]
In the last quarter of the year, the number of new housing units (apartments and terraced houses) sold in Vilnius in the economy class was 50% higher than in April–June, according to preliminary data from […]
Some 699 Real Estate (RE) properties – this is the number of properties acquired by Russian citizens in Lithuania until the 15th of November this year. This figure is only a few dozen less than […]
In terms of its housing market, Vilnius is often compared to the nearby city of Kaunas or the Baltic neighbours Riga and Tallinn just a short car journey away. Meaningful as it may be, it […]
Citus is introducing the new housing project PaJustis in the capital’s Justiniškės district, near to the former Buivydiškės Manor. The project will be comprised of five low rise apartment buildings with 100 flats and 80 […]
Paupys Market, a new centre of attraction for Vilnius residents and guests, will open this autumn in a reviving district of the Old Town of Vilnius. The architectural studio Plazma, which is involved in the […]
I am often asked when is the best time to buy property, and whether the property will become more or less expensive. Consider that last year there was a notable rise in demand (40 per […]
Lithuanians living in emigration are increasingly buying homes in their homeland not from borrowed money, but from what they earned and saved. The earlier fear of real estate brokers, of emigrants rather investing in homes […]
More empty commercial premises in Vilnius’ Old Town — such a choice of spaces have not been seen for a long time. What is happening? The development of Vilnius Old Town, the resurrection of some […]
Property prices in Vilnius are still 38.7% below their pre-crisis peak before a housing bubble burst with the financial crisis, only Tallinn of the Baltic capitals has seen its prices recover to near pre-crisis levels. […]
Lithuania’s residential property prices fell 2.1% in the fourth quarter of 2015, according to data from Statistics Lithuania. […]
Real estate tax collection and revenues will be handed over to municipalities to encourage them to implement the taxes more stringently under new proposals from Finance Minister Rimantas Šadžius. […]
According to experts, when seeking to purchase some property, Lithuanians prefer smaller, economical housing up to 100 square meters with 2 to 3 bedrooms. […]
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