Commercial Real Estate in Lithuania: Offices, Retail and Warehouses

Foreign investors often buy through a Lithuanian company, which affects taxes and eventual resale. Banks lend to qualifying companies with loan-to-value ratios well below residential. Read the Lithuania financing guide and compare income against apartments before you decide.

Ask for the cadastral file, floor plans, utility invoices and evidence of rent paid. Use a local lawyer for due diligence, and take a look at our consultation guide and Lithuania overview.

Vacancy is the principal risk outside Vilnius, where tenant demand is thinner. Check whether the building depends on one anchor tenant, and whether leases have break options. Look at the age of mechanical systems such as lifts, ventilation and heating, because replacement can erase years of income. Environmental history matters for industrial sites: ask for any contamination reports. Finally, confirm that the property can be mortgaged and sold without third-party consent, which sometimes arises with shared ownership structures.