Klaipėda’s sleepy real estate market awakened by former dormitory: apartments are being snapped up for their prices

A former dormitory of Klaipėda State College has stirred up the city’s real estate market. After renovating the building on Jaunystės Street and offering 76 economy-class apartments for sale, the developers of the “Moon Gardens” project recorded a summer sales record. Since the beginning of the year, 33 apartments have already been sold, with the majority […]
The Klaipėda Suburb Boom Has Ended — Old Town Revival Expected

Klaipėda’s Suburb Boom Ends – Old Town Revival on the Horizon Real estate market participants interviewed by Vakarų ekspresas note that while the market isn’t particularly active this year, new trends are emerging. Interest in individual houses located in suburban areas around Klaipėda, such as Slengiai and its surroundings, is declining. Although a boom is […]
Abandoned Student Dormitory in Klaipėda to Become Modern Housing

A former student dormitory of Klaipėda State College has attracted investor interest — after renovation, 76 apartments will be offered for sale. The total investment will reach up to €4 million. Located on Jaunystės Street, the five-story building will feature mainly compact studio and one-bedroom apartments. Prices with partial finishing will start from €29,000. “While […]