Real estate
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Market participants always find explanations why the real estate bubble is not expanding states economist Nerijus Mačiulis. However that it is not happening is displayed not just by various arguments, but also objective metrics.
Vilnius authorities are intent on cracking down on unaccounted property rents. Under a new proposal, brokers will have to register and share information about their contracts with landlords. To read this article, try a €5.99 monthly subscription by clicking here.
The mortgage market in Lithuania is showing strong signs of recovery, the Bank of Lithuania says. Growing income, low interest rates and optimistic outlook encourages people to take out loans in order to buy properties.
Record-low interest rates and employees' confidence about their financial future have been heating the Lithuanian real estate market.
Over the last three years, rise in apartment rents in Vilnius outpaced the growth of people's income, statistics show. To read this article, try a €5.99 monthly subscription by clicking here.
Vilnius is becoming a city of business centres – when one is finished, construction on the next one begins – eight new centres are in the pipeline this year.
In a striking example of the demographic problems facing Lithuania's small villages, a woman in Viešvilė is giving away an apartment she owns for free after failing to find any buyers. To read this article, try a €5.99 monthly subscription by clicking here.
Rasa Budbergytė, Lithuania’s former representative at the European Court of Auditors, has been appointed as the country’s new finance minister. To read this article, try a €5.99 monthly subscription by clicking here.
Over the last three years, apartment rent prices in Vilnius have gone up by almost a third. Real estate experts confirm that the constant formation and expansion of new service centres has contributed to the changes. To read this article, try a €5.99 monthly subscription by clicking here.
The Lithuanian summer has seen growing activity in the apartment rental market. To read this article, try a €5.99 monthly subscription by clicking here.