VilNews

THE VOICE OF INTERNATIONAL LITHUANIA

24 September 2017
www.holidayinnvilnius.lt/
VilNews has its own Google archive! Type a word in the above search box to find any article.

You can also follow us on Facebook. We have two different pages. Click to open and join.
VilNews Notes & Photos
For messages, pictures, news & information
VilNews Forum
For opinions and discussions
Click on the buttons to open and read each of VilNews' 18 sub-sections

Luxury home market starts to rebound

 

The luxury property market, though having experienced a slowdown in the level of transactions in 2009-2010, is reacting very differently to the crisis, if compared with the general residential market. The past two years in many ways were the opposite, 2009 being full of uncertainty, cautious behaviour and modest spending, whereas in 2010 the perceived stability in business and economic environment in Lithuania has brought the luxury property market up on feet, with buyers more willing to buy and sellers more willing to sell. The level of transactions is thus expected to improve in 2011, whereas the price level will most likely fluctuate around the same level.
Nevertheless, we should see more of rent transactions in the luxury property market as well. Typical owners perceive luxury properties more as an investment, thus an option to “check-out” the property before buying something in a similar location is attractive.

Category : Real estate, building, design, architecture



VilNews e-magazine is published in Vilnius, Lithuania. Editor-in-Chief: Mr. Aage Myhre. Inquires to the editorseditor@VilNews.com.
Code of Ethics: See Section 2 – about VilNewsVilNews  is not responsible for content on external links/web pages.
HOW TO ADVERTISE IN VILNEWS.
All content is copyrighted © 2011. UAB ‘VilNews’.

مبلمان اداری صندلی مدیریتی صندلی اداری میز اداری وبلاگدهی تدریس زبان انگلیسی خرید فیش حج خرید ساعت مچی پاراگلایدر کاشت مو کنسرت بیمه اتومبیل آگهی استخدام