The real estate fever has also reached the regions: although the prices of apartments in this city have grown by a quarter, they can be bought in a few days

“The houses are selling very fast. I cannot say that there is no offer, because there are many offers, just when there is so much demand, and only after placing the ad, the apartment is bought in a few days, it gives the impression of not offering nothing,

The most demanded – apartments

During the year, house prices have increased between 20 and 30 percent. In the Šiauliai apartment segment, the most popular are homes repaired with household appliances. A one-bedroom apartment, depending on the city district, the age and condition of the building, currently costs approximately 26,000 – 40,000 euros, 2 rooms – 35,000 – 60,000 euros, a 3-room apartment 45,000 – 80,000 euros. The prices of old houses of old construction range between 70,000 and 13,000 euros.

New housing development in Šiauliai – on the outskirts

Supply shortages could be covered by new multi-apartment projects, but they are very rare in Šiauliai. It is true that several individual cabins and houses are being built. They germinate both in various city districts (Medelynas, Šimšė, Lieporių, Gytariai) and in the suburbs of Šiauliai (Aukštelkė village, Dainų village, Gegužiai village, Vijoliai village). Popular houses up to 80 m2. m in landscaped areas, because in this case no project is required. The prices of this type of housing with partial finishes reach 1000-1300 euros per km2. subway. The greatest demand in the new housing segment is for individual houses, especially if they are in a good location with developed infrastructure and communications. There is also a demand for housing plots, but finding a suitable, good location with communications is not easy.

There may be an excess supply in the rental sector

Unlike sales, there were no significant changes in the Šiauliai residential sector rental sector. You can rent a one-room apartment for 150 – 300 euros, 2 rooms – for 180 – 500 euros. The most demanded for rent: 1-2-room apartments. In the future, an oversupply is likely to form, because many people in Šiauliai buy a house as an investment and promise to rent it in the future.