Lithuania Kevin Huerter Jersey , officially named the Republic of Lithuania, is a country situated in Northern Europe. Lithuania is also the southernmost of all the three Baltic States. The country is situated along the Baltic Sea’s southeastern shore. It shares borders with Belarus to the southeast, Latvia to the north, and the Russian exclave of Kaliningrad to the southwest. Population of Lithuania is 3.28 million and its capital city is Vilnius.
Lithuania is undoubtedly Europe’s best-kept secret. Shoved sequentially between the Russian pillar and the Nazi post Kent Bazemore Jersey , determined little Lithuania astonished the world when it achieved victory and independence nearly a decade ago. Before achieving freedom, the country had almost vanished from the maps of Europe but now it is back, that too with retribution. Lithuania is a part of the European Union. In fact, it was amongst the first 25 EU players that gave the European Constitution a stamp of approval. The country is also a NATO partner.
Lithuania real estate is reasonably young but few precious developments have made re-sale market beneficial. Though the developments are relatively slow Josh Smith Jersey , it is perfect time for investors to get into real estate in Lithuania. It is important that people who invest in real estate with the motive of profit in future realize this fact before masses find out this hidden gem.
Lithuania’s capital city is Vilmius and this region is attracting investors the most. As a matter of fact, average prices of city apartments have inflated between 15 to 25% in just one year. Around 2500 new apartments have been built in the center in a single year and most of them have been sold even before they were completed. You may check Lithuania real estate listings if you want to find out more data. Several facts like this show the enormous demand of Lithuania real estate.
One major reason behind such an incredible demand of real estate in Lithuania is the high level of education and local workforce. Surprisingly, Lithuania possesses highest number of university graduates per thousand population of any country that is present in Baltic region. With such a high level of education, the workforce that the country has is affluent as well as demanding when it comes to quality housing. Another reason that is fuelling real estate in Lithuania is an increased amount of consumer spending.
New recreational sites and commercial centers are being built at a very impressive rate throughout the country. As a result John Collins Jersey , real estate in Lithuania is booming and is providing numerous opportunities for those who want to possess a property for using and also for those who want to make an investment.