HOUSING IN LITHUANIA / LITHUANIA HOUSING GUIDE

Lithuania Info — Fri May 11, 2007 6:56 am

Author: Lithuania Info

Posted: Fri May 11, 2007 6:56 am

HOUSING IN LITHUANIA

General

As of 2001, national statistics indicated that there were 356 housing units per 1,000 people. About 97% of these units are privately owned. The average living space is about 21.5 square meters per person. City governments are being encouraged to take more responsibility for social housing projects. Homeowners associations are being encouraged and new laws are being drafted for residential building associations The Housing Loan Insurance Company was established in 2000 to provide insurance of loans and to promote housing loans with a low (5%) down payment.

Expat areas

Popular area for expatriates community is Vilnius.

Housing

The availability of apartments and houses in the country and particularly in these popular areas varies. Most expatriates rent their apartment or house; some buy their homes. Both options are available but mainly depend on your company policy, income, and the length of your stay.

Cost of housing

Varies from area to area and the size of the house or apartment you'll pay anything from Euro 800 to Euro 2000+ for an apartment. The local currency is Litas (Lt).

Expatriates Forums in Lithuania

HOUSING IN LITHUANIA / LITHUANIA HOUSING GUIDE