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Vilnius sells online

Anna Pakulniewicz 05 October 2017

Anna Pakulniewicz

Journalist

+48 22 356 25 07
anna@eurobuildcee.com

Ania covers the Baltic states’ real estate markets, architecture and urban planning in Warsaw as well as interior design. She is also the co-founder of Eurobuild TV. Among others, she has been employed by TVN CNBC, PAP Insider, WBJ (The Observer), Poland Monthly and IMM. She graduated from the Warsaw School of Economics, majoring in international relations. She has also completed postgraduate studies in macroeconomic analysis. In addition to this, she studied Lithuanian philology

LITHUANIA The city of Vilnius, being the first local authority in Lithuania to publicly auction its real estate online, sold unused property for EUR 2.5 mln over the first six months of the year.

One of the largest buildings disposed of this year is an office building at M.K. Čiurlionio g. for EUR 353,000, and non-residential premises at Jogailos g, sold for EUR 352,000. The city is currently selling a further 32 properties: apartments, garages, houses, rooms with prices ranging from EUR 6,000 to EUR 1.9 mln. In 2016, the sale of the real estate generated a total of EUR 6.7 mln for the city budget while in 2015 sales proceeds came to EUR 3.4 mln.


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