Property for sale in Lithuania
In recent years Lithuania had one of the best performances in the Eurozone. The Baltic country became part of European Union only in 2015; in any case, a good result, which attests to a pace recovered after the slowdown in 2015 mainly due to the impact of EU-Russia cross-fines and the crisis experienced by Russia itself, Vilnius' main trading partner.
After the critical phase following the end of the Soviet occupation, the Lithuanian economy grow at a very high pace in the early 2000s, receiving a further impulse from its entry into the Schengen area in 2007, a factor that has accelerated the transformation into the economy of market of properties for sale in Lithuania.
Lithuania is a country with just under three million inhabitants, an open economy focused on exports which, however, also due to the commercial war with Moscow, is going to undergo interesting transformations. Russia was and remains the first trading partner of Lithuania but the volume of trade has halved.If we want to buy a property for sale in Lithuania we must invest with caution because in the last year there has been a significant decrease in the number of transactions. Despite this, the market of properties for sale in Lithuania is still very active, so it is a good time to sell real estate.
Those wishing to invest in real estate should also be more demanding: the competitive context in urban areas should also be observed, where the purchase is expected.
The best cities to invest in properties for sale in Lithuania are the capital Vilnius, rich in art and nature, but also safe and with a good quality of life. Immediately after Vilnius, the city of Kaunas, defined as The City of Design, is high on the list.
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