🇱🇹 Lithuania Real Estate 2025: Buying Guide, Laws & Top Locations
120
8/5/2025

Why Lithuania?
-
Rapidly growing Baltic economy, EU & eurozone member
-
Strong tech and startup scene in Vilnius and Kaunas
-
Attractive prices with relatively high rental yields
-
Low cost of living and easy access to EU/Scandinavian markets
-
Renewed interest in green building and revitalized old-town neighborhoods
Can Foreigners Buy Property in Lithuania?
Yes — non-Lithuanian individuals and companies can freely purchase residential and commercial property.
-
EU/EEA nationals are unrestricted
-
Non-EU buyers can buy apartments freely; land or houses typically require a special permit from the Ministry of Justice
-
Purchase via Lithuanian company for land/house is a common workaround
Residency & Permit Programs 2025
-
No real estate‑linked residency scheme
-
Standard visas include work permits, entrepreneur visas (Startup Visa), and family reunification
-
Owning property may support a visa application (proof of accommodation) but is not enough alone
Legal Process of Buying Property
-
Obtain a Personal ID Number (Asmens kodas) and open a local bank account
-
Engage a notary or lawyer for due diligence
-
Sign a reservation agreement and pay deposit (5–10%)
-
Perform legal and technical checks—title, encumbrances, zoning
-
Finalize sale through a notarized contract
-
Notary registers ownership with the Real Property Register
-
Pay relevant taxes, notary, and registration fees
Taxes & Fees
-
Transfer Tax: Flat rate of 1% of the market value
-
Notary & Legal Fees: ~1%–2% of property value
-
Agent Fees: Usually 2%–3%, negotiable
-
Annual Property Tax: 0.3%–1% of cadastral value
-
Capital Gains Tax: 15% on profit (exempt if held >10 years)
-
Rental Income Tax: 20% flat on net rental profits
Mortgage Availability for Foreigners
-
Local banks offer mortgages to non-residents with sufficient documentation
-
Loan-to-Value (LTV): 70% for residents, 60%–70% for foreigners
-
Interest Rates (2025): Around 4%–6%, depending on client profile
-
Higher deposit may be required, with proof of income and positive credit record
Is Lithuania Right for You?
✅ Ideal for:
-
Investors seeking affordable, EU-market entry with solid rental returns
-
Expats and entrepreneurs tied to tech, education, or startups
-
Long-term holders interested in stable, low-risk growth
-
Lifestyle buyers drawn to revitalized old towns and green suburbs
❌ Less ideal for:
-
Buyers expecting residency from property ownership
-
Investors seeking high-yield flips—market tends toward steady gains
-
Those wanting immediate EU-standard property services without permit hurdles
Top Places to Buy in Lithuania (2025)
Vilnius (Senamiestis, Užupis, Antakalnis)
-
Capital with strong expat & rental market
-
Average yields: 4%–5%, growth in modern and heritage districts
Kaunas (Centras, Žaliakalnis)
-
Growing second‑city tech hub, modern developments
-
Yields: 4.5%–5.5%, attractive affordability
Klaipėda & Coastal Resorts
-
Port city and Curonian Spit tourism center
-
Yields: 5%–7% in coastal regions, strong short-let potential
Šiauliai & Panevėžys
-
Smaller regional centers with low entry prices
-
Yields: 5%–6%, opportunity for revitalization projects
Rental Yield & ROI Overview
Location | Gross Yield | Net Yield (after costs) |
---|---|---|
Vilnius | 4%–5% | 3%–4% |
Kaunas | 4.5%–5.5% | 3.5%–4.5% |
Klaipėda/Sea side | 5%–7% | 4%–6% |
Šiauliai/Panevėžys | 5%–6% | 3.5%–5% |
Trends in 2025
-
Rise in modern apartment blocks with smart and green features
-
Increasing foreign capital fueling old-town renovations
-
Expansion of short-let regulation; licensing becoming more structured
-
Improved infrastructure linking the coast, Vilnius, and Kaunas
Common Mistakes to Avoid
-
Skipping permit checks for non-EU land purchases
-
Underestimating translation, renovation, and legal fees
-
Overlooking short‑let licensing requirements in tourist zones
-
Assuming residency or citizenship follows property ownership
-
Not verifying zoning rules or future urban development plans
Conclusion
Lithuania offers a promising, cost-effective real estate market with strong rental demand and emerging urban growth centers. While non‑EU buyers must navigate permit requirements for land-based purchases, market access is broad for apartments. With proper diligence and local legal assistance, Lithuania can provide a stable, long-term investment with attractive returns in 2025.
Are there any questions or do you need advice?
Leave a request
Our expert will contact you to discuss tasks, choose solutions and be in touch at each stage of the transaction.
