Fair price - an important factor 

Words from neighbors

Rima

Silvija, 25 years old, interior designer

Not loosing the rhythm of life is very important to me and by living here I know what is happing in Klaipeda at all time. This building gives me two most important things: freedom (I can get anywhere from here) and privacy (I feel safe as if I live behind a defensive wall). Even the morning coffee on the balcony here energizes me much more than anywhere else!

 

Why did I choose to live here?

  • High quality and uniqueness
  • 6500 Lt per sq. meter, partially finished
  • A sound investment in downtown Klaipeda

How to get a mortgage loan:

  • 1. Fill in the application form and attach all necessary documents;
  • 2. You will receive a loan approval from the bank;
  • 3. Sign the property acquisition agreement;
  • 4. Register your newly acquired real estate;
  • 5. Loan is paid.

SEB bank:

Experts opinion

Price per m2

 

Timeline, month

Expert’s comments

The experience of realtors worldwide shows that real estate value only increases with time. I believe that it’s important to keep an eye on the market, because you could invest even during crisis, especially when real estate is sold for less than its actual value. I will repeat myself by saying that real estate is the safest investment.

UAB „Ober-Haus“

Managing director for Klaipeda region

Duirng the crisis real estate depreciates the least

During the crisis most goods depreciate significantly; however, real estate value has its own depreciation limit – it cannot loose its value completely, while that can happen to stock value. One could have doubts considering real estate as a short-term investment especially since there are other alternatives. However, if you are considering real estate as a long-term investment it could be one of the safest and attractive options.

Real estate value in Klaipeda remains profitable

The price correction in the real estate market in Klaipeda affected the residential areas as well as downtown. According to „Ober-Haus“ real estate agency’s statistics old apartment buildings in downtown decreased in value by 26% and new buildings by 16%. Old buildings in the residential areas of Klaipeda decreased in value by 22% and new buildings by 19%.

Today’s potential real estate buyers are extremely cautious and make a decision to purchase real estate after careful evaluation.

Savings is the key

Today, the most important criteria in choosing an apartment is how economic it is and whether it has a modern, efficient engineering infrastructure (cost of heating, electrical wiring, etc.).

  • Often the priority is given to apartments with smaller area; parking space is very important for car owners considering living in downtown.
  • In addition, I would encourage each person planning to purchase an apartment in a building, which is not fully finished to inquire whether the contractors have sufficient funds to finish the project.
  • Lately, more and more buyers choose apartments in the buildings that have already been finished.