Buying Real Estate

Buying a brand new 200,000€ home in Vilnius, Lithuania

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Guess what guys? We’ve always talked about investing and building for a stable financial future. We are now looking into real estate investing in Lithuania. A lot of development has come to Lithuania and the economy has been doing great. Investing there now makes a lot of sense as the country is growing fast and prices are rising accordingly. Lithuania is stable and maybe one of the best places in Europe to invest in real estate and you can invest in real estate with little money.

We saw several properties in Vilnius, Lithuania’s capital:
1. Traku Voke, Vilnius. Prices start at 104,000€ for an unfurnished, newly built blocked house. This place is still under construction. It’s a bit further from the city but it’s a brand new community built for young families. The commute is about 30-45 minutes driving to the city or 45-60 minutes to take the bus.

2. Guriai, Vilnius. This community is already built and furnished, ready to move in today. Prices start at 180,000€ for a 3 bedroom newly built blocked house. This community is much closer to the city and easier to commute to. The community is newly built and ready for more people to move in asap. There’s a lot of competition here though.

3. Paupys, Vilnius. This community is very close to the heart of the city. As a result, these are apartment buildings rather than individual homes. The prices in Paupys start as low as 115,000€ for a small studio and can go upwards of 300,000€ for 2-3 bedrooms. This is an exciting development, lots of energy, young families and an easy commute to the city with a scooter or public transportation.

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#propertyinvesting #lithuania

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