New buildings in Vilnius
Location and climate
Vilnius is the capital of Lithuania, the largest city, located in the southeastern part of the country, at the confluence of the Vilna River with the Neris River.
The climate is temperate continental, with maritime features, due to the influence of the Baltic Sea. There are few sunny days here, most of the time the weather is cloudy. Winter is relatively mild and snowy, summer is short and cool, spring and autumn are long. Temperature extremes (intense heat, severe frosts) are rare. The average temperature is +7.2°C, air humidity is 80%.
Why it is profitable to buy an apartment in Vilnius in a new building?
Vilnius has developed sectors of the economy: electrical engineering, light industry (textiles, leather, shoes, clothes), chemical and pharmaceutical, food industries, woodworking, furniture manufacturing, building materials production, mechanical engineering, services (financial trade related to tourism). During the year, up to 1.5 million tourists come to the city. It is interesting for its historical architecture (the remains of medieval buildings, churches, the old center is included in the UNESCO list) and modern buildings with an original design. The city is ranked 3rd in the 2021 ranking as one of the greenest on the planet.
The airport serves international flights to major European destinations. There is a bus station next to the railway station. The city has a network of bus and trolleybus routes. Since 2013, “fast buses” have been introduced, and a city bike rental network has been launched. The funicular can help you climb the Castle Hill.
Higher education is at a modern level, represented by Vilnius University, Gediminas Technical University, Lithuanian University of Educational Sciences, Mykolas Romeris University, European Humanities University, Aviation Institute, Jonas Zemaitis Military Academy, Vilnius Academy of Arts, Lithuanian Academy of Music and Theatre. Scientific activities are carried out by the Lithuanian Academy of Sciences; research is carried out by large scientific institutes, centers, and an astronomical observatory.
The demand for real estate in Vilnius in the new buildings is great and continues to grow. Residential complexes in Vilnius provide different types of apartments from comfort to economy. Housing in new buildings often has beautiful window views (picturesque forest or park). Most apartments in the residential complexes do not have baths, but showers, they are built in a modern style using environmentally friendly materials.
New buildings from the developers are located away from the city center, closer to forests. Their distinctive feature can be called a cozy interior decoration: light wallpapers and a lot of wood are usually used.
The sale of apartments from developers is carried out in accordance with the law, the quality meets the standards, which is confirmed by the feedback from buyers of apartments in new buildings; the presence of infrastructure near the facility under construction is provided.
The minimum price per square meter of space in an apartment in a new building, handed over to the buyer in a turnkey condition (in accordance with the information of the GEOLN.COM search engine) is 920 USD.
What to watch
- Old city
- Town hall
- Tower of Gediminas
- Aushros gate
- Palace of the Radziwills
- Cathedral of St. Svyatoslav
- Palace of the Grand Dukes of Lithuania
- Church of St. Peter and Paul
- Church of St. Anne and Bernardine Church
- Church of St. Catherine
- Vilnius TV tower
- National Museum of Lithuania
- Monument of the Three Crosses
- Pilies street
- Presidential palace
Acquisition of apartments in Vilnius from the developers by foreign citizens
The country has not established any restrictions on the purchase of the apartments by non-residents. Foreign investors can freely buy apartments from the developers in Vilnius in all Lithuanian regions.
Purchasing an apartment in a new building in Vilnius is a profitable investment in the city with a developed infrastructure and good ecology, the city that is attractive for tourists, which allows you to receive a high rental income and the opportunity to live in the capital of a country with a growing economy.