Panevėžys homes and flats for sale: Lithuania's low-cost market

Panevėžys lies on the Nevėžis river in the Aukštaitija region, roughly midway between Vilnius and Riga on the Via Baltica corridor. It has a mix of manufacturing, services and education, and a quieter, lower-cost lifestyle than the capital. Buyers are mostly local owners and investors seeking yield, plus a few foreign buyers with family ties.

Our nearby links are Šiauliai, Kaunas and Vilnius. These are other Lithuanian cities and not close neighbours: Šiauliai is the nearest, with Kaunas and Vilnius roughly one to two hours' drive away. Expect much higher prices there.

EU citizens can generally buy residential property in Lithuania on the same terms as locals, and restrictions on agricultural and forest land mostly apply to non-EU buyers and require conditions. Apartments and houses are straightforward for most buyers.

• A notary completes the sale, and the transfer is registered at the Real Property Register.
• Check for encumbrances, shared-wall issues and the heating system in older blocks.
• Costs are modest compared with Western Europe, but notary and registry fees apply; verify locally.

See the Lithuania buying guide and the financing page.

See all Lithuanian property or market data for Lithuania.