Investing in Lithuanian brick: the complete guide to buying your property

 

Rain, frost, coffee, green areas are just some of the elements that characterize Lithuania. A wonderful country and everything to discover. Overlooking the Baltic Sea, it has always been a land dominated by various populations but that has managed to redeem itself in 1990, obtaining independence and the title of first Baltic republic. For these reasons it is easy to understand how this nation represents a living conglomerate of ethnic groups. The 88% of the population is Lithuanian and speaks the official language, but among the minorities we find Russians, Poles and Belarusians but also Germans, Ukrainians, Tatars and Latvians. So why did these peoples decide to move to this land at the expense of their homeland? 

 

              

If you are also interested in taking part in this ethnic mix, buying a property in Lithuania, know that this is the mini guide made to measure for you. Let's start from the driving force of each nation: the economy. In recent years, the Lithuanian economy has distinguished itself from the various neighbouring countries, so much so that it has been awarded the title of "Baltic Tiger". Very important are in fact the economic sectors that, thanks to the recent entry in the EU have succeeded in exploding, through a process of modernization of industries and privatization of companies. Among the various areas that stand out most identify also the real estate sector, but, of this, we will talk about it later.

If you want to move to this place, you should have documents at hand so that we do not have problems. Lithuania joined the Schengen area on 21 December 2007. It goes without saying that both must be valid for the duration of their stay. The visa is not necessary and there are no forms of customs restrictions. Let us now enter into real Lithuanian life. How much are the various costs? The main basic products are cheaper than the European average of about 30 %. Here is a short list:

Package of cigarettes : 2 euro
Cinema ticket 4 euro
Public transport 0,80 euro
One litre of milk 0,70 euro
1 kg chicken 3 euro 
1 kg of apples 0,20 euro
1 kg of rice 0,98 euro
One liter of gasoline 1.10 euros

 It is therefore easy to understand how convenient it is for a foreigner to move to Lithuania. Electricity, heating, water and waste fluctuate around 100 euros per month for a standard apartment of about 85 square meters. And it's just time to figure out where to buy a property. An apartment in the center of the capital, is around 1.300 euros per square meter, while if you want to save given the efficiency of transport, and invest in a property away from the center, you can find valid opportunities even with 800 euros per square meter. In general, it is possible to get around easily in this country, considering both the prices of the apartments and the total amount of taxes and monthly salary. We hope that you will also enjoy this convenience! Have a good trip!

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    Investing in Lithuanian brick: the complete guide to buying your property

      Rain, frost, coffee, green areas are just some of the elements that characterize Lithuania. A wonderful country and everything to discover. Overlooking the Baltic Sea, it has always been a land dominated by various populations but that has managed to redeem itself in 1990, obtaining independenc ...

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