This post was automatically translated into English
According to preliminary data from the Center of Registers, about 2,800 apartments were sold in Klaipėda in 2013, as much as 37% more than in 2012.
According to preliminary data from the Center of Registers, in 2013, about 2,800 apartments were sold in Klaipėda, which is 37% more than in 2012. In 2013, about 260 apartments were purchased directly from real estate developers in Klaipėda, which is 12% more than in the previous year..
According to data from the company “Eika”, sales in Klaipėda were stable in the first three quarters of 2013, with 70 new apartments sold each. The last quarter of 2013, like in 2012, was the slowest in the port city, with sales of new apartments down by as much as 52% compared to previous quarters. In Klaipėda, the average price of new apartments increased by 2% over the year to 4,400 litas per square meter. Currently, the average price of a new home in the port city is 16% higher than in Kaunas and 11% lower than in Vilnius.
“Over the year, the supply of new apartments in Klaipėda decreased by 9%, which at the beginning of 2013 amounted to about 800 apartments. Currently, real estate developers in the port city are selling 730 new apartments. Over the year, the Klaipėda market was supplemented by four new projects, in which about 120 apartments were offered to buyers,” – estimates Tomas Žiaugra, the development project manager at Eika.
According to preliminary data from the Center of Registers, in 2013, as many as 39% of new construction apartments sold in Klaipėda cost from 200 to 250 thousand litas. The most popular were 2-room apartments with an area of from 50 to 60 square meters. Sales of such apartments accounted for as much as 36% of all new housing transactions in the port city. In old-built houses, small one-room apartments with an area of up to 35 square meters remain the most popular, which accounted for a third of Klaipėda sales and for which Klaipėda residents were willing to pay up to 150 thousand litas.
“The most active city in terms of new apartment sales per thousand residents continues to be Klaipėda, where there are almost 18 apartments per thousand residents per year. In Kaunas, there were 11 apartment transactions per thousand residents in 2013, and in Vilnius – 15 transactions,” said T.Žiaugra at the annual LNTPA conference.
About the Eika group of companies
Founded in 1992, the company “Eika” is one of the largest real estate development and construction groups in Lithuania. The group of companies consists of: UAB “Eika” – a leader in the real estate market, valued for its innovation, reliability and responsibility; UAB “Eikos statyba” – a construction company with extensive experience in the construction and renovation of administrative, public, commercial, industrial and residential buildings.
More information:
Tomas Žiaugra
Development Project Manager
Phone: +370 5 2045 810
Fax: +370 5 2514 256
Email: [email protected]