Is it worth it buying property in Vilnius in 2025?

Authored by the expert who managed and guided the team behind the Lithuania Property Pack

Yes, the analysis of Vilnius' property market is included in our pack

Who is the author of this content?

INVESTROPA

A team specialized in real estate investing in European countries

We are a team of financial experts, legal professionals, developers, and local real estate specialists dedicated to helping people like you avoid mistakes when investing in real estate in a foreign place, particularly in Vilnius. If you'd like to learn more about us, you can check our presentation page.

How much do properties in Vilnius cost on average in 2025, and how does that compare to past years and future forecasts?

Property prices in Vilnius have reached €4,937 per square meter for apartments as of June 2025, with houses averaging €3,804 per square meter.

A typical two-bedroom apartment costs around €180,000, while premium properties in central areas like Old Town and Žvėrynas can exceed €6,000 per square meter. These prices represent a 3.3% year-on-year increase as of March 2025, with Lithuania's major cities showing 4.3% average annual growth.

Compared to the rapid growth of 2021-2023 when prices surged 9-10% annually, the market has stabilized to more sustainable single-digit increases. This moderation reflects a maturing market with continued strong demand but more balanced supply conditions. The number of transactions and new developments has rebounded after a brief slowdown, indicating healthy market activity.

Forecasts for 2025 suggest continued price increases of 3-7% over 2024 levels, driven by persistent high demand from both locals and foreigners, especially in central and emerging districts. Infrastructure projects and new developments are expected to boost demand in specific neighborhoods, supporting moderate but steady price appreciation through the year.

This pricing trend positions Vilnius favorably compared to other European capitals, offering relatively affordable entry points while maintaining strong growth potential.

Is it smarter to buy or rent in Vilnius in 2025, financially and practically?

Buying property in Vilnius is generally the smarter financial choice for those planning to stay long-term, as mortgage payments typically run lower than equivalent rent.

For a €100,000 property with 20% down payment at 2.2% interest over 30 years, monthly mortgage payments are around €304, significantly lower than typical rent of €450-500 for comparable properties. Property values have historically increased 3-7% per year, allowing buyers to build equity while benefiting from capital appreciation.

Rental yields in Vilnius are particularly strong, ranging from 5-7% for most properties and reaching up to 8% in some districts. This makes property ownership attractive for investors seeking steady income streams. Both rental rates and property values continue rising due to high demand and limited supply, especially for modern, centrally located apartments.

Renting offers flexibility and lower upfront costs, making it attractive for newcomers or those uncertain about long-term plans. However, rents continue rising due to market pressures, meaning renters face increasing costs without building equity. For those planning to stay in Vilnius for more than 2-3 years, buying typically provides better financial outcomes.

It's something we develop in our Lithuania property pack.

What are the general trends in the Vilnius real estate market—are prices rising, falling, or stable?

The Vilnius real estate market shows rising prices with stable, healthy activity levels as we reach mid-2025.

Prices are rising moderately at 3-7% annually, but the pace has slowed compared to the post-pandemic boom of 2021-2023. This represents a market that has matured from rapid growth to sustainable appreciation. The market maintains high activity levels, especially in the primary new-build segment, indicating continued investor and buyer confidence.

Rental rates have experienced similar patterns, with double-digit increases in recent years now moderating to steady, sustainable growth. Strong demand from locals, expats, and international students, combined with limited new supply in central areas, continues supporting both price and rental growth.

Supply and demand dynamics favor continued price appreciation, as new construction struggles to keep pace with demand, particularly in desirable central and emerging neighborhoods. The market shows characteristics of stability rather than speculation, with real demand driving transactions rather than investment bubbles.

Overall, the trend indicates a stable, rising market with solid fundamentals supporting continued growth at sustainable rates through 2025 and beyond.

What's the full process of buying a property in Vilnius, step by step, especially for foreigners?

The property buying process in Vilnius is straightforward for foreigners, with no restrictions for EU citizens and manageable requirements for non-EU buyers.

Key costs include notary fees of 0.45-3% of purchase price (usually paid by seller), variable registration fees based on property value and processing speed, and annual property tax of 0.3-3% for residential properties. EU/EEA citizens face no restrictions on property purchases or mortgage access, while non-EU buyers may need residence permits for certain financing options.

Once registered, owners can immediately move in or rent out their property as desired, with full property rights equivalent to local citizens.

Don't lose money on your property in Vilnius

100% of people who have lost money there have spent less than 1 hour researching the market. We have reviewed everything there is to know. Grab our guide now.

Download Now

Where do you start your search—what are the most trusted real estate agencies or platforms in Vilnius?

Start your property search using Lithuania's largest online platform aruodas.lt, which offers the most comprehensive listings across all price ranges and neighborhoods.

Major online platforms include domoplius.lt for broad coverage, plus capital.lt, alio.lt, skelbiu.lt, realu.lt, and ntportalas.lt for additional options. These platforms provide detailed property information, photos, and direct contact with agents or owners.

For professional assistance, top real estate agencies include Rebaltic for premium and luxury properties, Ober Haus covering all market segments, and Baltic Sotheby's International Realty for luxury investments. Anrealty serves all segments effectively, while Akorus Real Estate, AJ Properties, Centro Kubas, and Nektur Group offer specialized local expertise.

Working with a licensed local agent is recommended for navigating procedures, negotiations, and legal requirements, especially for foreign buyers unfamiliar with Lithuanian property laws and market conditions.

These agencies provide valuable services including property valuation, legal verification, negotiation support, and guidance through the complete purchase process from initial search to final registration.

What areas of Vilnius are considered the best to buy in right now—affordable, up-and-coming, or luxury—and what are their pros and cons?

The best areas to buy in Vilnius depend on your budget and investment strategy, with distinct advantages across luxury, emerging, and affordable districts.

Old Town and Žvėrynas represent the luxury market, offering historic charm, central location, and stable value appreciation. Old Town properties range €5,000-6,000+ per square meter, providing high rental demand and prestige but require higher investment and may face renovation restrictions. Žvėrynas offers similar pricing with green spaces and family appeal.

Up-and-coming areas like Naujamiestis and Šnipiškės provide excellent value and growth potential at €3,000-4,500 per square meter. Naujamiestis benefits from gentrification and new construction, attracting young professionals and offering strong rental yields. Šnipiškės combines central location with new infrastructure development, though some areas still show industrial heritage.

Affordable options include Pilaitė and Fabijoniškės at €2,500-3,500 per square meter, featuring new builds and family-friendly environments. These areas offer good value for first-time buyers and families, though they're further from the center with fewer immediate amenities.

Antakalnis provides middle-ground pricing at €3,500-5,000 per square meter with excellent rental yields, green spaces, and good schools, making it ideal for both investment and family living.

It's something we develop in our Lithuania property pack.

How far does your budget go in different parts of Vilnius, and what kind of property can you expect for your price range?

Your budget determines both location and property type, with significant variation across Vilnius neighborhoods as of June 2025.

With €150,000-€200,000, expect a 1-2 bedroom apartment in outer districts like Pilaitė, Fabijoniškės, or Pašilaičiai, or a small studio in central areas. These properties often feature modern amenities and good public transport connections, though they may lack the character and proximity of central locations.

€200,000-€300,000 opens access to modern 2-bedroom apartments in emerging areas like Naujamiestis, Šnipiškės, or Baltupiai, or smaller apartments in prestigious Old Town or Žvėrynas. This budget range provides good balance between location, size, and amenities, with strong rental potential.

€300,000-€400,000 allows larger apartments in central areas or quality homes in family-friendly districts like Antakalnis. Properties in this range typically offer excellent rental yields and strong appreciation potential due to their desirable locations and features.

€400,000+ provides access to spacious apartments or houses in central and luxury districts including Old Town, Žvėrynas, and prime Antakalnis locations. These properties offer prestige, strong capital appreciation, and premium rental income potential.

Each price range offers distinct advantages, with higher budgets generally providing better locations, larger spaces, and stronger investment fundamentals.

What are the most common mistakes buyers make when investing in Vilnius real estate?

The most costly mistake buyers make is insufficient due diligence on property ownership, debts, and encumbrances, which can lead to legal complications after purchase.

1. Ignoring Soviet-era restitution claims and unclear property histories that may result in future legal disputes or ownership challenges
2. Not checking public transport links and amenities, reducing property desirability and rental potential
3. Overpaying for trendy areas without considering long-term value or potential oversupply from new developments
4. Neglecting to use local agents or lawyers, missing crucial legal or procedural requirements
5. Underestimating renovation and maintenance costs, particularly for older properties requiring updates

Many foreign buyers also fail to understand local market dynamics, purchasing in areas that seem attractive but lack rental demand or appreciation potential. Not researching neighborhood development plans can result in buying in areas that may decline or face negative changes.

Another common error is inadequate financing preparation, especially for non-EU buyers who may face additional requirements or restrictions. Buyers often assume financing terms without proper pre-approval, leading to delays or failed transactions.

Finally, many investors focus solely on purchase price without considering total ownership costs including property tax, maintenance, management fees, and potential vacancy periods.

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Lithuania versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.

What's the cost of living in Vilnius like—including utilities, taxes, and everyday expenses—if you plan to live there?

Living costs in Vilnius are moderate compared to Western European capitals, making it attractive for both residents and investors as of June 2025.

Monthly expenses excluding rent average €770-€900 for a single person and €2,650-€3,050 for a family of four. Utilities for a 915 square foot apartment range €150-€320 monthly, depending on season and energy efficiency. Internet costs €12-€25 monthly, while public transport passes cost €29 monthly for unlimited city access.

Groceries, dining, and daily expenses remain significantly lower than Western Europe, with quality restaurant meals available at reasonable prices. The average net salary in Vilnius is €1,545 monthly, providing good purchasing power for local residents and making the city attractive for international professionals.

Property-related costs include annual property tax of 0.3-3% depending on property value, with residential properties typically at the lower end. Maintenance costs vary by property age and type, with newer buildings generally requiring lower immediate maintenance investments.

Overall, Vilnius offers excellent value for money, combining European capital amenities with affordable living costs, making it attractive for both lifestyle and investment purposes.

What's life like in Vilnius as an expat—social life, safety, ease of settling in, and community?

Vilnius offers exceptional quality of life for expats, combining safety, vibrant social opportunities, and welcoming communities as of mid-2025.

The city maintains very low crime rates compared to other European capitals, with excellent personal safety throughout most areas day and night. English is widely spoken among young people and professionals, making daily life manageable even without Lithuanian language skills. Bureaucracy is generally efficient, especially with local assistance from agents or lawyers.

Social life thrives with vibrant expat and student communities, particularly in central districts. Many international events, English-speaking venues, and cultural activities provide ample networking and entertainment opportunities. The city hosts active expat groups, international schools, and cultural organizations that facilitate integration and community building.

Settling in is relatively straightforward due to Lithuania's EU membership, which simplifies legal requirements for most European citizens. The city offers excellent infrastructure, reliable public services, and growing international business presence that supports expat employment and entrepreneurship.

Community aspects include welcoming locals, particularly younger generations, and strong support networks among international residents. The compact city size makes it easy to build connections and access amenities, while rich cultural life provides ongoing engagement opportunities.

It's something we develop in our Lithuania property pack.

If you want to rent out long-term, which areas should you target, who are the typical tenants, what do they look for, and how much income and yield can you expect?

Central districts offer the strongest long-term rental opportunities, with Old Town, Naujamiestis, Paupys, and Šnipiškės providing consistent tenant demand and premium rental rates.

Typical tenants include young professionals, international expats, students, and families relocating for work. These groups value modern, energy-efficient apartments with good transport links, furnished units, and proximity to amenities like shops, restaurants, and cultural venues.

Rental yields commonly reach 5-7% across most areas, with some up-and-coming districts achieving up to 8% returns. Central 1-bedroom apartments rent for €600-€900 monthly, 2-bedroom units for €900-€1,300, and 3-bedroom properties for €1,000-€1,500, depending on exact location and property quality.

Antakalnis and Žvėrynas particularly attract families and diplomats seeking quality residential environments with green spaces and good schools. Micro-apartments in central areas appeal to students and young professionals prioritizing location over space.

Successful rental properties feature modern amenities, efficient heating systems, furnished or semi-furnished condition, and excellent transport connectivity. Properties with parking spaces, balconies, or garden access command premium rents and experience lower vacancy rates.

If you're considering short-term rentals, what's the demand like, where should you buy, what do guests want, how much can you earn, and what regulations should you know?

Short-term rental demand remains strong in Vilnius, particularly in central areas favored by tourists and business travelers throughout 2025.

Prime locations for short-term rentals include Old Town for historic appeal, Paupys and Užupis for trendy atmosphere, and Naujamiestis and Šnipiškės for modern amenities and business traveler access. These areas maintain high occupancy rates year-round, with peak demand during festivals and tourist seasons.

Guests prioritize modern, well-furnished apartments with excellent reviews, central locations, and quality amenities including reliable WiFi, modern appliances, and comfortable furnishings. Properties with unique character, good photos, and responsive hosts achieve highest occupancy and rates.

Potential earnings range €50-€150 per night for 1-2 bedroom apartments in central areas, varying by season, property quality, and exact location. Annual yields can exceed long-term rental returns but require more active management and marketing efforts.

Regulations require compliance with local registration, safety standards, and tax requirements. Some buildings or districts may restrict short-term rentals, so verify permissions before purchasing. Owners must register with tax authorities and comply with tourism regulations, though the process is generally straightforward for legitimate operations.

Conclusion

This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.

Sources

1. Vilnius Price Forecasts - Investropa
2. Lithuania Price History - Global Property Guide
3. Vilnius House Prices - Properstar
4. Vilnius Real Estate Forecasts - Investropa
5. Rent or Buy Analysis - Property Projects
6. Vilnius Rental Profitability - Inrento
7. Lithuania Real Estate Trends - Investropa
8. Property Purchase Guide - Lawyers Lithuania
9. Property Purchase Process - Migration Information Centre
10. Vilnius Cost of Living - Numbeo