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Arnoldas Antanavičius, a real estate (RE) expert and head of Realdata, says demand for parcels and farms will increase in the near future.
“Especially if we have a second wave of disease. People are likely to appreciate even more the importance of better quality, more isolated housing.
On the other hand, economic and demographic development has already led to an increase in the demand for individual farms or houses, so the coronavirus situation can only further encourage the purchase of farms or plots, ”predicts A. Antanavičius.
However, according to him, potential buyers are not enough to want.
“There must also be financial possibilities for this desire to have remote homes in a deal. And if the economic recession awaits us, it will probably be more difficult for people to buy homes.
In terms of prices, market activity and liquidity are likely to decrease, so the downward pressure on prices is likely to be the same. In any case, I think that the housing segment, housing will be much more resistant to negative trends than the apartment segment. In it, prices have been growing very fast in recent years and there is now plenty of room for them to drop, ”says the real estate expert.
Garden land prices
Portal tv3.lt The real estate on one of the advertising portals verified how much a parcel or farm currently costs in the Vilnius district.
We first check the prices of the plot in the garden communities. The parcel prices here differ several times. They are mostly determined by the distance to Vilnius. Here’s the cheapest 6-acre parcel available for 2,500 euros. You can even choose between two parcels for this quantity.
The first is in the town of Juodežeriai, which is just over 30 km from Vilnius. The proposed plot without buildings.
It is also possible to buy a plot in the village of Kalabariškės for the same amount. It is located 28 km from Vilnius. Also without buildings, but the ad says the Margejė pond is only 5 minutes away.
The most expensive 6-acre parcel in the gardens without buildings can be purchased for € 19,000. The plot is located in the Pakalniškės village, which is only 10 km from Vilnius.
The most expensive parcel with a building in garden communities would be separated much more. Such can be bought for 29 thousand. euros This plot is for sale with a house and a farm building. The ad says the house is suitable for living alone in the summer. The plot is located in Daubėnai village, 21 km from Vilnius.
Prices are determined by the distance to the city.
Judging from the announcements, the prices for parcels over 6 acres are also largely determined by the distance to the city.
For example, a 20-acre parcel with a farm, without buildings, costs 5.8 thousand. euros This plot is located in the town of Kena, which is 25 km from Vilnius.
The most expensive parcel of the same size, without buildings in the town of Bajorai, already costs 59.3 thousand. euros It is true that the plot is only 7 km from Vilnius. And it can also be reached by city bus.
The cheapest plot with an area of more than 50 hectares can be purchased for 5.7 thousand. euros Such an object is found in the village of Glatkiškės, about 15 km from Vilnius.
The most expensive parcel of the same size costs 99.9 thousand. euros It is located 13 km from Vilnius. The announcement indicates that the plot can be reached by urban bus.
The cheapest farm costs 12.9 thousand. euros
As A. Antanavičius hinted, talking about the second wave of coronaviruses can encourage people not to rent, but to buy their own farm. In the Vilnius district, their prices also differ significantly.
For example, the cheapest farm, with 2011. The constructed building can be bought for 18 thousand. euros The area of the house is 32 square meters, and the plot is 6 acres. The farm is located in the village of Akmeniškės, 35 km from Vilnius.
The most expensive farm found in the ads is for sale for 70,000. euros House area 70 sq. M, and the plot – 100 acres. The house was furnished in 2008. In the village of Lavoriškės, which is about 22 km from Vilnius.
A little further from Vilnius, for example, in the Ukmergė district, farms are sold slightly cheaper.
So here the cheapest house can be bought for 12.9 thousand. euros The house is 31 square meters. m area, and the plot – 5 acres, built in 2019. The farm is just over 70 km from Vilnius.
According to the announcement, the most expensive house in the Ukmergė district can be purchased for 65 thousand. euros The house is 35 square meters. m area, and a 92 acre parcel. The house was built in 2010. It is located more than 80 km from Vilnius.
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