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Lithuania Real Estate.
Why investing in Lithuania ?
Over the last decade many multinational companies discovered real estate investment opportunities in Western Europe.
It is the opinion of many International Investment Banks that these markets are almost saturated thus diminishing the returns on investments.
The time is therefore right to look at an alternative - the Real Estate Investment Market of Lithuania. Lithuania market continues to develop and reached a stable stage, The residential segment has seen the strengthening of sales versus leasing, fact motivated not only by the mortgage loans input but also by the stronger purchasing power of local individuals. Supply has remained constant, while the overall quality has improved considerably.
Villa compounds or small blocks of flats brought on the market dwelling units with high standard finishing, large sunny rooms and modern layout.
Villas have 200 to 300 square meters of usable space, with gardens that reach 100-300 square meters, while apartments usually provide around 100-150 square meters of usable space. The retail market has a big potential, since all the big retail chains present on the national market announced their plans of expansion in Lithuania and throughout the country. Owing it to its stage of development, the Lithuania retail market represents a good opportunity for chains of supermarkets/wholesalers and discount stores. As several major international companies are moving many of their back offices into relatively low cost skilled markets, Lithuania has started to benefit from this international trend called Business Process Outsourcing.
In Vilnius the new apartments and houses cost around $900-$1200 per square. Meter.
Older properties can be found for $800-$1000 per sq.meter. In the other residential areas In the ordinary suburbs one can buy a condo for as low as $250 per sq.meter.
In Kaunas, the central apartments can reach $500 per sq.meter, and some houses are sold for as high as $700 per sq.meter. In the suburbs the properties are cheaper and they can be acquired for $150 per sq.meter and the houses between $250 and $450 per sq.meter.

