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Yes, the analysis of Vilnius' property market is included in our pack
Thinking about buying a 3-bedroom apartment in Užupis? It’s a great area, but you're probably wondering: is now the right time to buy, or should you wait for prices to drop?
And what about long-term investment—should you look into other districts like Naujamiestis or Antakalnis where property values might appreciate more over time?
In this article, we’ll answer these questions. We know this market quite well - and we have put all our knowledge in the Vilnius Property Pack.
Will property prices increase in Vilnius in 2025?
Yes, property prices in Vilnius are expected to rise in 2025, driven by a combination of high demand and a limited supply of housing.
Backed by our fresh, in-depth market analysis, we’re confident that Vilnius remains an attractive city for both domestic and international investors.
Sure, there are some economic challenges like inflation and rising interest rates, but the main drivers behind Vilnius’s price growth remain strong.
Demand, especially in the central areas, continues to outstrip supply, making any major price dips unlikely. Additionally, Vilnius's growing reputation as a tech and cultural hub keeps drawing in buyers from around the world.
Signals pointing to a property price increase in Vilnius
Here are some factors suggesting prices could increase:
The limited availability of land for new developments in central Vilnius is expected to keep supply tight, pushing up property prices as demand remains steady.
Vilnius is experiencing a surge in tech startups and international companies setting up offices, which is attracting a skilled workforce and increasing demand for housing.
Government initiatives to improve urban infrastructure and public transport are making Vilnius more attractive to potential buyers, likely boosting property values.
The city's cultural and historical appeal continues to draw tourists and expatriates, increasing demand for both short-term rentals and permanent residences.
Vilnius's strategic location in the Baltics and its growing reputation as a business hub are attracting international investors, further driving up property prices.
The trend of remote working is encouraging more people to move to Vilnius for its quality of life, increasing demand for residential properties.
Signals pointing to a property price decrease in Vilnius
Here are some factors suggesting prices could fall:
Rising inflation and living costs are putting pressure on household budgets, potentially reducing the purchasing power of local buyers.
Higher mortgage interest rates are making it more difficult for buyers to secure affordable financing, which could dampen demand.
Economic uncertainties in the broader European market could impact investor confidence, potentially slowing down property investment in Vilnius.
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If property prices go up in Vilnius, how much would they increase by?
If real estate prices in Vilnius were to rise in 2025, the increase would likely be around 3% to 7% of their 2024 values.
Typically, real estate in emerging markets like Vilnius appreciates by approximately 3% to 7% annually over the long term. However, fluctuations can occur depending on factors such as region, season, and property type.
It means that, if you spot a charming 2-bedroom apartment in the Old Town for 200,000 euros today, don't be surprised if it's priced between 206,000 and 214,000 euros this time next year.
To give you a better understanding, here is a table that shows 7 types of Vilnius real estate properties, their estimated prices in 2024, and projections for 2025 based on potential price increases of 3%, 5%, and 7%.
Type of Property | Average Price in 2024 (€) | Price in 2025 (3% increase) | Price in 2025 (5% increase) | Price in 2025 (7% increase) |
---|---|---|---|---|
Old Town Apartment (60 sqm / 646 sqft) | €180,000 | €185,400 | €189,000 | €192,600 |
Modern Apartment (75 sqm / 807 sqft) | €250,000 | €257,500 | €262,500 | €267,500 |
Luxury Penthouse (100 sqm / 1,076 sqft) | €500,000 | €515,000 | €525,000 | €535,000 |
Studio (30 sqm / 323 sqft) | €90,000 | €92,700 | €94,500 | €96,300 |
Loft (80 sqm / 861 sqft) | €320,000 | €329,600 | €336,000 | €342,400 |
Townhouse (150 sqm / 1,615 sqft) | €600,000 | €618,000 | €630,000 | €642,000 |
Investment Property (50 sqm / 538 sqft) | €150,000 | €154,500 | €157,500 | €160,500 |
Everything you need to know is included in our Property Pack for Vilnius
If real estate prices go up in Vilnius, which areas are likely to see the biggest increases?
Today, people who want to move to Vilnius seek the charm of its historic architecture, but they also desire modern conveniences and vibrant social scenes, which Užupis delivers. Hence, we could see a price increase there in 2025.
Also, lately, there's been a shift toward more youthful, vibrant neighborhoods, and Naujamiestis has really taken off.
We like it when information is clear and easy to digest. So, here’s a table that highlights the areas where prices might rise the most, along with the reasons behind those expected increases. It’s very high-level. If you want more details on a specific area, please check our real estate pack tailored to the Vilnius market.
Neighborhood | Level of Increase | Why |
---|---|---|
Užupis | High | Recent development of luxury housing projects and its increasing appeal to international buyers as travel normalizes post-pandemic, driving demand. |
Senamiestis (Old Town) | High | Expected rise due to limited housing stock, upcoming renovations to heritage buildings, and growing demand for prime properties in central Vilnius. |
Naujamiestis | Medium-High | Ongoing gentrification and new transport links, along with several planned redevelopment projects in the area, are likely to push prices higher. |
Šnipiškės | Medium | The shift towards hybrid workspaces is driving demand for residential properties near business districts, combined with new mixed-use developments. |
Žvėrynas | Medium-High | Eco-friendly urban projects and recent construction of new schools and parks are increasing its attractiveness for families, pushing prices upward. |
Antakalnis | Medium | Investment in local infrastructure, such as the extension of tram lines and renovation of historic areas, is boosting long-term value. |
Paupys | Medium-High | With new cultural and commercial spaces being developed, this trendy neighborhood is seeing increased demand from both residents and investors. |
Fabijoniškės | High | Upcoming large-scale urban regeneration projects and improved public transport access are expected to make this area more desirable. |
Pilaitė | Medium-High | Its proximity to Vilnius city center, along with new office and residential developments, makes it increasingly attractive to professionals seeking more space. |
Lazdynai | Medium | Gentrification and cultural regeneration projects are attracting new residents, leading to rising prices as the area becomes more fashionable. |
Verkiai | High | As new luxury developments are launched, demand for premium housing among wealthy buyers is expected to further increase property values. |
Vingis Park Area | High | Upcoming restoration projects and high-profile cultural events are driving a renewed focus on this central, historic location. |
-The best areas to buy a property in Vilnius
If I'm looking to invest in real estate, what types of properties should I focus on for the best value appreciation in Vilnius?
In 2025, Vilnius real estate trends focus on tech-smart, energy-efficient apartments, larger suburban homes for families, properties with outdoor spaces, and eco-friendly buildings—all driving higher demand and prices. Here is a summary.
- Tech-Equipped and Energy-Efficient Apartments:
Driven by remote work and sustainability trends, these homes offer smart technology features and energy-saving systems. They cater to young professionals and tech workers, making them a hot commodity in 2025.
- Family-Sized Apartments in Suburban Areas:
With a growing demand for larger living spaces, especially among families, suburban areas near Vilnius are seeing increased interest. Proximity to green spaces and schools is a major factor driving value.
- Properties with Outdoor Spaces:
Post-pandemic, outdoor spaces like terraces, balconies, or gardens have become highly desirable. In dense cities like Vilnius, these features offer a much-needed escape and are likely to drive up property values.
- Eco-Friendly Buildings with Low Carbon Footprints:
Vilnius's commitment to sustainability is boosting demand for eco-certified buildings. Buyers are increasingly valuing properties that align with the city’s green goals, leading to price appreciation in this category.
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