New projects in Kaunas

Where is most construction taking place?

Two areas overlooking the Old Town attract particular attention. Aleksotas sits on the left bank of the Nemunas, on slopes above the confluence, with Vytautas the Great Bridge connecting it to the centre. Vilijampolė lies across the Neris opposite the Old Town, where former industrial sites are changing. New apartment buildings in Kaunas also appear in Žaliakalnis, the centre and Panemunė, but scarce plots usually mean higher prices.

Why choose a new apartment in Kaunas?

Many residents live in older blocks in Šilainiai, Dainava, Kalniečiai or Eiguliai. A new apartment offers clear advantages by comparison. A++ energy-rating requirements reduce winter heating costs. Heat-recovery ventilation and parking are often provided. New apartments in Kaunas come with partial finishes or fully fitted, letting you move in immediately or complete the interior to your taste.

What should you check when buying from a developer?

Buying an apartment from a developer avoids intermediaries, but you must assess the terms yourself. Before signing a preliminary agreement, consider:

• Experience. Visit completed buildings and see how they look after several years.
• Warranties. Clarify their duration and the defects covered.
• Timing. Check the contractual arrangements if construction is delayed.
• Final price. Ask whether parking, storage and finishes are included.

Check the municipal master plan for proposed roads or buildings near your future home.

Which side of the river should I choose?

It mainly depends on work or study. Aleksotas is on the Nemunas’s left bank; Vilijampolė is on the Neris’s right bank. Both are close to the Old Town, but bridges can become congested. Before choosing a new apartment, test your commute at the usual time.

Is a new apartment suitable for renting out?

There is demand near the Old Town and universities, especially at the start of the academic year. Returns also depend on purchase price, size and finish. Small one- or two-room new-build apartments generally let quickest.

What does partial finish include and what remains to be spent?

Partial finish means some work is complete, but flooring, internal doors, sanitary fittings or a kitchen may still be missing. Developers’ specifications differ, so request a precise list of completed work and use it to calculate your fitting-out budget.