Real estate investment in Lithuania

Foreigners can freely buy, sell and rent out real estate in Lithuania.

Statistics confirm the liquidity of investments: residential real estate prices grow annually by an average of 2,5%. Five years ago, an apartment of 100 m² cost an average of €160,000, and today it is sold for €254,000.

€3,700

Average price per 1 m²

2.5%

Average price growth per quarter

0.5—21.6%

Associated costs, of the property value

How the residential property price index is growing in Lithuania

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Cost of a 3-bedroom apartment in Lithuania

€1.5 million

Penthouse in Vilnius, in the Old Town

€500,000

Apartment in Vilnius, in a 10‑minute drive from the Presidential Palace

€300,000

Apartment in Druskininkai

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Individual selection of investment properties

  • Discuss your tasks and goals

  • Choose between properties from reliable developers

  • Get fully prepared and verified documents for a purchase

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Lithuania residence permit or citizenship by real estate investment

Obtaining a Lithuania residence or citizenship is not connected with purchasing real estate.

Discover real estate market trends in 41 European countries

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Discover real estate market trends in 41 European countries

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Taxes and associated costs

Countries to buy a property and get residency or citizenship

We offer proven properties that comply with the conditions of government programs for investors. You can buy real estate and obtain a residence permit or citizenship.

Country
Property investments
Status
Obtaining time
mt-flagmt-flag
Malta12 properties

€300,000+

Permanent residency

6+ months

Show 12 properties

€300,000+Permanent residency6+ months
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Grenada19 properties

$270,000+

Citizenship

8+ months

Show 19 properties

$270,000+Citizenship8+ months
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ae-flagae-flag
UAE113 properties

AED 750,000+

Residence permit

2+ months

Show 113 properties

AED 750,000+Residence permit2+ months
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Spain36 properties

€500,000+

Residence permit

5+ months

Show 36 properties

€500,000+Residence permit5+ months
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Portugal67 properties

Not limited

Residency after D Visas

6+ months

Show 67 properties

Not limitedResidency after D Visas6+ months
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40+ guides with European countries

Find out how much it costs to buy and rent real estate in each country, what the market dynamics are and what taxes you need to pay when buying and selling.

pt-flagReal estate investment in Portugal

Portuguese law does not restrict foreigners from acquiring real estate; they have the same rights as citizens of the country. Portugal...

€3,400

Average price per 1 m²

1.9%

Average price growth per quarter

Learn more
mk-flagReal estate investment in North Macedonia

Foreigners can buy and sell properties with the approval of the Ministry of Justice.

€985

Average price per 1 m²

1,4%

Average price growth per quarter

Learn more
mc-flagReal estate investment in Monaco

Foreigners can freely buy, lease, and sell real estate in Monaco, except for properties near the residence of the Prince of Monaco.

€75,200

Average price per 1 m²

1.6%

Average price growth per quarter

Learn more
it-flagReal estate investment in Italy

Foreigners can buy, sell, and rent out real estate without restrictions in Italy.

€4,000

Average price per 1 m²

1%

Average price growth per quarter

Learn more
hu-flagReal estate investment in Hungary

Hungary doesn’t limit sales of properties and land to foreigners, except for agricultural land and architectural monuments.

€2,600

Average price per 1 m²

€500,000+

Real estate investment for residency

Learn more
fr-flagReal estate investment in France

Foreigners can freely buy, lease, and sell real estate in France.

€5,800

Average price per 1 m²

1.1%

Average price growth per quarter

Learn more
Julia Loko

Material prepared by Julia Loko, Investment programs expert

Updated:
17 September, 2024

Frequently asked questions

  • Can a foreigner buy property in Lithuania?

    Yes, foreigners can buy property in Lithuania. However, there are some restrictions. Non-EU/EEA citizens cannot purchase agricultural or forest land, but they can buy other types of real estate, including residential and commercial properties.

  • How much does an average house cost in Lithuania?

    The cost of an average house in Lithuania varies depending on the location. In Vilnius, the capital, the average price per 1 m² for a residential property is around €4,500 to 5,000. In smaller towns and rural areas, prices are significantly lower, sometimes around €3,000 per 1 m².

  • Is Lithuania a cheap place to live?

    Compared to Western European countries, Lithuania is generally considered a more affordable place to live. The cost of living, including housing, food, and transportation, is lower than in many other EU countries. However, prices in major cities like Vilnius can be higher than in rural areas.

  • Is it a good idea to move to Lithuania?

    Whether it is a good idea to move to Lithuania depends on personal preferences and circumstances. Lithuania offers a high quality of life, with good healthcare, education, and infrastructure. It is also part of the EU, making it attractive for those seeking residency in a European country. However, factors such as climate, language, and job opportunities should be considered.

  • Is there property tax in Lithuania?

    Yes, Lithuania has a property tax. The rate varies depending on the value of the property and can range between 0.3 to 3% annually. Residential properties valued below a certain threshold may be exempt from tax, while higher-value properties are subject to the tax.

  • Can you own property in Lithuania?

    Yes, both Lithuanians and foreigners can own property in Lithuania. Property ownership rights are protected by law, and foreigners have the same rights to own property as Lithuanian citizens, with the exception of agricultural and forest land for non-EU/EEA nationals.