Buying an Apartment in Lithuania as a Foreigner — What Expenses to Expect.

After 2022, more and more Ukrainians have become interested in the possibility of moving or investing in Lithuania. A transparent real estate market, stable economy, and developed infrastructure have made the country attractive for foreign buyers.

In recent years, the Lithuanian real estate market has shown steady growth. In 2025, prices per square meter in Vilnius reached €2,680 (+4.3%), in Kaunas — €1,846 (+5.6%). Smaller cities like Šiauliai and Panevėžys have seen the highest price increases (over 6%).

Where and What Housing Foreigners Are Buying

Most foreigners prefer the secondary market due to moderate price increases and a wide selection. At the same Time, new buildings are attracting young buyers and those who want to save on renovations.

• Vilnius: prices for new buildings have risen to €3,318/sq. m;
• Kaunas: prices have increased by 11.7%;
• Klaipeda: there has been an 8% decrease in prices.

Demand for housing in the capital is also rising. Lithuanians and foreigners are actively applying for mortgages: only in February 2025, loans totaling €240 million were issued — twice as much as last year.

How the Purchase Procedure Works

1. Providing a passport and documents confirming income.
2. Preliminary agreement with a deposit (1-3% of the property value).
3. Main notarized purchase and sale agreement.
4. Registration in the State Register within 30 days.
5. Final closing of the deal and transfer of ownership rights.

Foreigners are not restricted from buying apartments in Lithuania; however, there may be restrictions for non-residents in border areas.

How Much Housing Costs — Not Just the Apartment Itself

In addition to the cost of housing, one should consider additional expenses: legal services, realtor's commission, document translation, and registration of the deal.

• Monthly maintenance costs for a 50 sq. m apartment amount to €100-150.
• If the property is sold within 10 years, the state will withhold 15% tax on the profit.

Will They Give a Loan to a Foreigner?

Obtaining a mortgage in Lithuania is possible if the person has official income or a residence permit, a down payment of 20-30%, and proof of solvency.

• Loans for up to 20 years with rates of 4.5-6% are offered by banks such as SEB, Swedbank, and Luminor.

Advice for Foreign Buyers

1. Choosing a city: Vilnius — for investment, Kaunas — for comfortable living, Šiauliai — for savings.
2. Document verification: cooperate with a lawyer to analyze the object's history.
3. Mortgage: compare terms from several banks before making a choice.
4. Future price growth: choose areas with infrastructure projects for investments.

It's also worth noting that real estate in Italy and Portugal remains attractive to foreign investors due to the cultural features of these countries and affordable housing prices.

A journey into the world of real estate can be exciting and profitable. Lithuania, with its stable economy and attractive real estate market, is becoming an increasingly popular destination for Ukrainians considering options for relocation or investment. Despite the number of procedures and expenses, Lithuania offers a wide range of housing and the opportunity to obtain a mortgage on favorable terms. Thus, it is a country worth considering for both temporary and permanent residence.