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Housing in Lithuania
 
 
 

General

Popular area for expatriates community in Lithuania is the capital, Vilnius.

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 in Lithuania varies from area to area and the size of the house or apartment; you'll pay anything from €800 to €2,000+ for an apartment. The local currency is Litas (Lt).

Buying a Property

Except for agricultural lands, there are virtually no restrictions in foreign ownership of land in Lithuania. Every sale agreement of any real estate must be certified by a notary. Failure to notarise an agreement makes it null and void. Transfer of real property is documented by an act of transfer-acceptance signed by both seller and buyer. It is worthwhile to note, however, that the registration of the agreement on the Real Estate Register is not a precondition to its validity.

It takes an average of three days to complete the three procedures needed to register a property in Lithuania.

Renting a Property

Rents can be freely negotiated between landlord and tenant. However on renewal of a tenancy contract, the tenant has the right to first refusal. If he cannot agree terms with the landlord, he may go to court for arbitration of the amount of rent.

The tenant must pay the rent not later than the 20th calendar day of the following month, unless other periods are provided in the contract.

The landlord cannot ask for more than the first month in advance.

A lease for more than one year must be in written form. If the period is not stated in the contract, the contract is deemed to be for an indefinite period.

On expiration the lessee has the priority right to renew for a new term, and for the same duration, except where the previous contract exceeded twelve months. In that case the contract is renewed for twelve months, unless the parties agree otherwise.

The landlord may propose modifying the lease conditions, including the contract term and rent amount, in writing, not later than three months and not earlier than six months before expiry of the contract of lease (or where the lease is for a term shorter than 12 months, not later than one month before the expiry of the lease).

If the tenant disagrees, he must inform the landlord in writing within a month, otherwise he shall be deemed to have agreed, and he shall have the right within a month of receiving notification to apply to the court for the determination of the conditions of the contract of lease through judicial proceedings.

The lessee can dissolve the lease by warning the landlord in writing a month in advance.

 
 


 



 


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