Lithuania/Vilnius Real Estate Market Report 2025

2026-05-13

The housing market remains active, but no major changes have been observed

The Ober-Haus Lithuanian apartment price index (OHBI), which follows changes in apartment sale prices in the five biggest Lithuanian cities (Vilnius, Kaunas, Klaipėda, Šiauliai and Panevėžys) increased by 0.9% in April 2026. The annual apartment price growth in the biggest cities of Lithuania was 12.1% (a 12.5% increase was recorded in March 2026). In April 2026 apartment prices in Vilnius, Kaunas, Klaipėda, Šiauliai, and Panevėžys increased by 0.8%, 1.1%, 0.3%, 2.7%, and 0.9%, respectively, with the average price per square meter reaching EUR 3,019 (+24 EUR/sqm), EUR 2,161 (+24 EUR/sqm), EUR 1,950 (+6 EUR/sqm), EUR 1,352 (+35 EUR/sqm) and EUR 1,302 (+12 EUR/sqm). In the past 12 months, the prices of apartments increased in all the biggest cities in the country: Vilnius – 11.1%, Kaunas – 15.8%, Klaipėda – 10.6%, Šiauliai – 13.3%, and Panevėžys – 11.5%. “The figures for April of this year show that the country’s housing market remains at its peak of activity. According to data from the Center of Registers, 2.3% more homes (apartments and houses) were purchased in Lithuania in April 2026 than during the same period a year ago. In April of this year, the fastest growth in activity was recorded in the house…

2026-05-11

What does the final office rental price include?

Companies that have decided to move from old offices to modern business centres after many years, or those new to the office rental market, are faced with a model that has been used in this sector for some time. This model is much more detailed than 'price per square metre plus utilities. Ugnė Liaudanskienė, the Ober-Haus office leasing manager, shows businesses looking for new premises what tenants pay for and how they pay for it. As residents and business representatives are much more familiar with the basic principles of apartment rentals, they have similar expectations for offices. Even in old business centres, long-established companies sometimes ask themselves what else could make up the rental price besides the price per square metre, utility bills and perhaps symbolic maintenance costs. Publicly, only the 'bare' rental price per square metre is usually declared. In Vilnius' Class A business centres, this has settled at 16–20 EUR/sq. m this year and is likely to remain so until next year. In Class B centres, it is 10–15.50 EUR/sq. m. According to Ober-Haus data, rental prices for Class A offices in the capital have increased by 17% since the end of 2020 and by 13% for Class…

2026-05-08

Lithuania/Vilnius Real Estate Market Report 2026

We present the annual Lithuania (Vilnius) Real Estate Market Review 2026, covering the investment transactions, office, retail, warehouse, residential and land markets. Full report (PDF): Lithuania/Vilnius Real Estate Market Report 2026 [dflip id="76660"][/dflip]