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Houses - Apartments for Sale
Real estate in Kaunas is generally considered to be the cheapest across all of Europe. After the financial crisis across the globe, property prices decreased sharply and now the rates are starting to increase slowly. This is why more and more people are now interested in purchasing properties in this city and obtaining residence permits. Purchasing Butai Kaune offers a multi-visa for a year and the foreigners can automatically receive the authorization to travel to other European Union countries. This is a good reason to get a residence permit on other grounds.
Purchasing a house or an apartment in Kaunas is a fast and easy process. Here one is allowed to purchase a home without any restrictions. On average, the rates of apartments in Kaunas city range around 1100 Eur/m2. The costs often depend on the factors like the area of the city, the size and condition of the apartment, and other factors.
Now let’s have a look at the process of purchasing real estate properties in Kaunas:
Buying a property or apartment in Kaunas involves four important stages, which are
- Execution of the introductory agreement
- Agreement of the contract terms with a notary
- Execution of the agreement for property purchase
- Real estate property registration in the Centre of Registers
What are the important documents needed for a property transaction in Kaunas?
- Your passport and/or a notarized copy of the same
- Notarized power of attorney that confirms your financial independence
- Consent of spouse (if required)
Can foreigners buy properties in Kaunas?
Yes, foreign citizens are also allowed to purchase real estate properties in Kaunas. But when choosing a property, the foreigners must consult with the experts and ensure the following things:
- They should have all the necessary documents for property registration
- They should have a clear purpose for purchasing properties
- They must be aware of the transaction legitimacy
- They should know about the payment procedures and the transaction terms
- They must be compliant with the actual property value and an estimated rate of the properties.
They must not have any record of arrests and court cases regarding any purchased properties
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