Published on and written by Cyril Jarnias
The Lithuanian real estate market is attracting an increasing number of local and foreign buyers, drawn by still affordable prices, decent rental yields, and a growing economy. Behind this momentum lies a dense network of agencies, consulting firms, and independent brokers who structure the market, assist both individuals and investors, and secure sometimes complex transactions.
Number of active real estate agencies in Lithuania at the beginning of 2025.
In this landscape, several players clearly stand out due to the scope of their services, their geographic coverage, their sector expertise, or their weight in market statistics. This article is dedicated to these “best local real estate agencies.”
A Highly Active Market Where Local Expertise Matters
Before detailing the agencies, it is useful to recall the context in which they operate. The Ober-Haus (OHBI) apartment price index, which tracks Lithuania’s five largest cities, indicated an annual increase of 9.9% and a monthly rise of 0.7% in October 2025. Nearly 5,000 homes changed hands that same month, a record level of activity since 2021.
Major cities (Vilnius, Kaunas, Klaipėda, Šiauliai, Panevėžys) concentrate the majority of real estate transactions. Seaside resorts (Palanga, Neringa, Druskininkai, Birštonas) also offer very attractive rental prospects, whether for seasonal or annual leases.
The average prices from October 2025 clearly illustrate the geographic disparities that local agencies deal with daily:
| City | Average Apartment Price (€/m²) |
|---|---|
| Vilnius | 2,871 |
| Kaunas | 2,023 |
| Klaipėda | 1,869 |
| Šiauliai | 1,250 |
| Panevėžys | 1,217 |
Rents and yields follow the same logic, with average yields around 5 to 7% in major cities, potentially rising to 7–9% on the coast. In this context, the role of agencies is not only to find a property but to advise on the right location, the right type of property, and the right strategy (personal use, rental investment, or mixed use).
Ober-Haus: The Baltic Giant and Market Barometer
Among local players, Ober-Haus holds a unique position. Present throughout the Baltic region, the company established itself in Lithuania in the late 1990s and has developed the country’s largest team of professionals.
A National Network and a Comprehensive Range of Services
Ober-Haus employs over 140 real estate specialists in Lithuania and has its headquarters at Geležinio Vilko g. 18A, Vilnius. The company offers a very broad range of services covering both residential and commercial real estate:
A real estate agency can offer a wide range of services, including brokerage for the purchase, sale, and rental of residential properties (apartments, houses), land, and commercial premises. It also provides property and business valuation services, producing reports used by banks and investors. Additionally, it offers consulting and market research activities, often evidenced by the regular publication of analyses and price indices. Finally, it can handle property management on behalf of private or institutional investors.
Ober-Haus has also established itself as a data authority, thanks to its OHBI price index tracking apartment price trends in the country’s five major cities, as well as through its research on offices, warehouses, and development projects.
Particular Expertise in Commercial Real Estate
In the tertiary sector, Ober-Haus closely monitors office rents in Vilnius’s business districts. Class A offices typically rent for between 16 and 20 euros per square meter, while Class B buildings range between 10 and 15.50 euros. The company provides a mapping tool, OHMAP, listing business centers in the capital built since 1999 and offering at least 1,000 m² of usable space.
This expertise is valuable for owners looking to position their buildings or for companies seeking to lease office space in strategic Vilnius districts, such as Šnipiškės, Žvėrynas, or near the city’s main arteries.
Iconic Residential and Mixed-Use Projects
Ober-Haus is also involved, as a broker or appraiser, in several major projects, for example “Vilniaus Džiazas” in Vilnius’s Old Town, “Gardino 22” in the Rasos district, or the logistics and commercial park “eMarketCity” in Kirtimai (near the airport), which covers 3.9 hectares and over 20,000 m² spread across seven buildings. On the outskirts of Kaunas, the “Liepų parko namai” project in Kačerginė also illustrates the upscaling of certain suburban residential projects.
The scale of the portfolio, the analytical capacity, and the geographic coverage make Ober-Haus a reference player for investors seeking an overall view of the Lithuanian market.
Rebaltic: Vilnius’s Premium Agency
While Ober-Haus plays the role of the omnipresent generalist, Rebaltic has quickly carved out a reputation as a “boutique” agency highly specialized in the high-end segment in Vilnius. Founded in 2009, Rebaltic concentrates its activities on the capital and its region, with a decidedly premium positioning.
Focus on Exceptional Properties
Rebaltic presents itself as the agency that completes the most transactions involving prestigious assets in Vilnius. For 2023, it claims over 500 transactions involving exclusive properties, making it one of the main intermediaries in this niche.
Discover the diversity and prestige of the properties offered, ranging from the historic heart to modern districts and green spaces.
Exceptional apartments in historic and central districts like Senamiestis, Šnipiškės, or Žvėrynas.
Spacious properties located on the outskirts, offering peace and a green setting.
Exclusive penthouses benefiting from a breathtaking view of the Neris River.
Unique lofts converted in former industrial buildings, combining character and modernity.
A few examples of properties illustrate this specialization: a 224 m² apartment on Konstitucijos pr., a 393 m² house on Vykinto g., a 188 m² residence on A. Juozapavičiaus g., or a 145 m² property on Stepono Batoro g.
Advanced Support for Both Sellers and Buyers
The agency emphasizes service quality. For sellers of high-end properties, Rebaltic ensures meticulous preparation of the file: market analysis, price positioning, showcasing via professional photography, targeted viewings, and negotiations. In this type of market, final prices are typically 2–5% below the listed price, making the agency’s ability to defend the value strategic.
The agency provides end-to-end support for buyers, from defining the project to registration in the land register. Its major asset is an in-depth knowledge of the city’s micro-districts, such as Naujamiestis or Paupys, allowing for anticipation of property appreciation through analysis of price trends.
Thus, Rebaltic is one of the top choices for a foreign investor or a Lithuanian resident seeking a quality asset in Vilnius without getting lost in thousands of listings.
Centro Kubas: Longevity Serving Trust
Among the oldest firms in the country, Centro Kubas – Nekilnojamasis Turtas holds a unique position. Founded in 1993, it is often cited as the oldest active real estate services company in Lithuania.
A Historical Player in Vilnius
Based in Vilnius, Centro Kubas has weathered the difficult phases of the post-transition period, the 2008–2009 crisis, and the market upswing of the 2010s. This experience gives it rare perspective on Lithuanian real estate cycles.
The agency offers brokerage services for purchasing, selling, and renting residential and commercial properties, as well as consulting services. Its clientele consists of both local individuals, small businesses, and some larger investors.
The Added Value of Experience
One of the advantages of a historical agency like Centro Kubas lies in its internal database, accumulated over several decades, and its relational network: notaries, lawyers, architects, engineers, banks. In a country where issues of title deeds, easements, or planning compliance can still hold surprises, this market memory reduces risk for clients.
This longevity also translates into expertise in drafting contracts and managing complex situations (inherited properties, old condominiums, regularization of constructions, etc.), making Centro Kubas a safe bet for those who prioritize legal security.
Haustory: The Reference for Western Lithuania
In the west, around Klaipėda and the seaside resorts, Haustory is one of the main local players. The agency operates from Klaipėda and covers a large area including the coast, Palanga, Neringa, Nida, and the hinterland.
An Integrated Offer: Transaction, Appraisal, and Credit
Haustory stands out with a combination of services particularly useful for households and investors alike:
– brokerage for the sale and purchase of houses, apartments, land, and commercial premises
– property appraisal, often required by banks for loan approval
– credit brokerage with Lithuanian financial institutions.
An investor wanting to buy an apartment in Palanga to rent it out during the summer season can benefit from a triple competency: a reliable valuation of the property, assistance with financing, and support in the negotiation.
A Specific Tourist Market to Master
Resorts like Palanga, Neringa, and Nida have characteristics very different from major cities. In Neringa, a UNESCO World Heritage site, construction restrictions severely limit new supply. This supports prices and long-term value but requires a fine understanding of regulatory constraints. Agencies operating there, like Haustory, must master these rules, the specifics of seasonal rentals, and the impact of views (sea, dunes, forest) or distance to the beach on rents.
In Palanga, rental income can be very high in summer, while Birštonas or Druskininkai, more oriented towards wellness and spa tourism, offer more evenly spread demand throughout the year. Haustory advises clients on these trade-offs between high seasonality and more consistent profitability.
Nektur Group: A Regional Anchor in Akmenė
Nektur Group, founded in the spring of 2009 in Akmenė, represents another face of the “best agencies”: that of a regional player solidly established outside the major metropolitan areas.
Expertise Outside the Capitals
The value of an agency like Nektur Group lies in its knowledge of the local market and the small towns or rural areas that often escape the radar of large platforms. It is notably involved in the sale of single-family homes, agricultural or buildable land, and small buildings.
Outside major cities, some regions of Lithuania offer attractive real estate prices and decent rental yields, particularly for housing intended for local populations. To succeed in this type of market, using a local intermediary is often essential to properly understand demographic dynamics, employment, and infrastructure.
Nektur Group illustrates what over 100 similar entities represent on a national scale: local agencies that, cumulatively, carry significant weight in transaction statistics.
Anrealty: The Versatile Agency with a Surprising Logistics Component
Anrealty, active since 1997, is more atypical. It combines a classic real estate activity with a segment of transport and equipment rental services, making it a sort of one-stop-shop for certain client profiles.
A Diversified Real Estate Offer
On the real estate front, Anrealty offers:
Discover our full range of services to support you in all your real estate projects in Lithuania.
Brokerage services for the sale, purchase, and rental of houses, apartments, land, and commercial premises.
Professional appraisal services to determine the fair market value of your property.
Support in document preparation, administrative management, and procedures with the notary.
Expertise for operations around Vilnius, in the Trakai district, or near natural sites like Lake Margis.
The agency’s portfolio illustrates this diversity: 31 m² or 22 m² cottages for rent near Lake Margis, a 193 m² commercial unit in Fabijoniškės (Vilnius) offered for 200,000 euros, a 310 m² hall for rent in the Trakai district, or nine plots of land totaling 164 ares, offered individually for between 22,000 and 75,000 euros, or 200,000 euros for the whole. A 50-are agricultural plot near the Keturiasdešimt Totorių reservoir is listed for 28,000 euros.
Where Real Estate Meets Logistics
What particularly distinguishes Anrealty is the associated transport services offering: rental of minibuses for passengers or goods, roadside technical assistance, rental of mini-excavators, trailers, and generators. For some clients – growing businesses, investors carrying out works, owners managing several properties – this dual role is practical. It especially illustrates the very pragmatic side of some Lithuanian agencies, capable of combining several activities to stabilize their income and better serve a regional SME clientele.
This versatility makes Anrealty an interesting partner for hybrid projects involving land purchase, light construction, and logistical needs.
Anrealty
Cohost.lt: “Turnkey” Property Management
The rise of short-term rentals and rental investments, particularly in tourist areas, has given rise to agency profiles focused on complete property management. Cohost.lt is part of this trend.
National Coverage with a Focus on Major Cities and Resorts
Cohost.lt operates throughout the country, with a concentration in major cities (Vilnius, Kaunas, Klaipėda) and resorts like Palanga, Neringa, or Druskininkai. It primarily targets property owners who wish to rent out their property without handling day-to-day management.
Services Oriented Towards Rental Profitability
The agency’s offer is based on highly operational services:
Professional management of a seasonal rental includes several essential steps: property preparation (staging and professional photos), creating and disseminating attractive listings on major platforms, comprehensive reservation management, communication with tenants, and handling check-ins and check-outs. It also integrates a dynamic pricing strategy to optimize revenue based on seasons, local events, and market demand.
For a foreign investor acquiring an apartment in Vilnius or a vacation apartment in Palanga, the possibility of completely entrusting management to a local company like Cohost.lt is an important argument. Combined with gross yields of 5–7% in major cities and even more on the coast, this offer allows for relatively serene remote operation.
Commercial Realty Advisors (AJ Properties): Commercial Real Estate Specialist
The Lithuanian commercial real estate market – offices, warehouses, retail – has become significantly more professional in recent years. In this segment, specialized players like Commercial Realty Advisors, also known as AJ Properties, play a key role.
A Positioning in B2B Advisory and Transactions
Founded in 2011 in Vilnius, the company brings together experienced consultants from the tertiary market. Its activities focus on:
– market analysis for investors or occupying companies
– leasing of offices, commercial spaces, or warehouses
– sale and purchase transactions of commercial assets
– advising on transaction structuring (leases, assignments, sale & leaseback, etc.).
Despite a temporary drop in revenue forecast for 2024-2025, the warehouse sector is experiencing rapid renewal with new deliveries. This expertise is crucial for choosing the right locations and anticipating future rental trends.
A Fine Reading of the Office and Logistics Segments
By leveraging global market data (rise in Class A office rents of 17% since 2020, shift in space requirements by companies, etc.), AJ Properties supports landlords in repositioning their assets and companies seeking to optimize their real estate portfolio.
The “best agencies” are therefore not limited to private individuals: this type of firm is on the front lines when it comes to multi-million euro transactions in office complexes or logistics zones.
1Partner.lt, CPB Real Estate Services, and Portum: Specialists in Commercial and Custom-Built Projects
Other players stand out primarily in commercial real estate, in Lithuania and across the Baltics.
1Partner.lt: Rent Negotiation and Management for Landlords
1Partner.lt is notably involved in leasing commercial spaces (offices, warehouses, production facilities, retail) in Vilnius and other cities across the country. The company claims the ability to save clients up to 15% on rent thanks to its negotiation skills.
It offers in particular:
– portfolio creation for property owners (photos, floor plans, descriptions)
– assessment of the creditworthiness and credit history of potential tenants
– assistance with drafting and concluding leases.
This service is designed for property owners looking to secure their rental income. It addresses a market where vacancy rates have increased in some segments, but demand remains strong for properties in attractive locations.
CPB Real Estate Services: The Strength of a CBRE Affiliate
CPB Real Estate Services operates in all three Baltic states and is part of the CBRE affiliate network, the world’s largest commercial real estate services group. In Lithuania, the company is present in almost all segments:
– offices, retail, shopping centers, logistics, hotels, residential for rent, and alternative assets
– transaction advisory (leasing, sales), asset management, valuation, research and consultancy, technical audit.
Its references include flagship projects such as office campuses, shopping centers (Akropolis, Europa in Vilnius, RYO in Panevėžys), as well as hotels and rental residences developed by major groups.
For an institutional investor or a fund, the combination of CPB’s local expertise and CBRE’s international methodology represents a key advantage for successful entry into Lithuania.
Portum: “Built-to-Suit” Development
Portum, the new name for a company previously known as Skuba RE, has specialized in “built-to-suit” commercial property development in Lithuania, Latvia, and Estonia. Its portfolio is around 60,000 m² of commercial space.
The company designs and builds custom projects for distribution chains, logistics operators, or public services, then leases them on a long-term basis. Projects have been carried out, for example, in Alytus, Utena, Marijampolė, or Panevėžys, with the latter two completed and leased in 2024.
This type of player, at the intersection of property development, asset management, and asset management, is an integral part of the “best agencies” ecosystem in the sense that it structures the future supply of space and contributes to the attractiveness of secondary cities.
Karolis Liukpetris and Mindaugas Miškinis: The Strength of Individual Brokers
Alongside the large brands, some independent brokers have become references due to their professionalism and client satisfaction. Two names stand out particularly: Karolis Liukpetris and Mindaugas Miškinis.
Karolis Liukpetris: A Residential Specialist in Vilnius
Active since 2016 in the residential segment, Karolis Liukpetris works mainly in Vilnius but also assists with transactions elsewhere in the country. He reports over 150 transactions completed and around fifteen years of experience in real estate in a broad sense.
His approach emphasizes:
For a comprehensive service, focus on three axes: 1) Educating buyers and sellers, particularly clarifying legal and tax aspects. 2) Fine-grained analysis of neighborhoods, evaluating criteria like school quality, transportation, and future infrastructure projects (e.g., future metro lines in Vilnius, potentially impacting prices by +20 to 30%). 3) Active client relationship management, ensured by regular follow-up and provision of updated market reports.
Client testimonials notably mention his ability to sell a property quickly while securing good terms, which is all the more important in a context where 30 to 50% of buyers manage to negotiate discounts of 2 to 5%.
Mindaugas Miškinis: The Ally of Foreign Buyers
Broker Mindaugas Miškinis has become known through several transactions conducted with foreign clients. A Belgian couple and German buyers recount that their entire acquisition process for farms and homes was managed remotely, without them having to travel to Lithuania.
In such cases, the broker has: the duty to advise and inform his clients transparently.
The agency selected properties matching the client’s criteria, organized virtual viewings, and transmitted documents. It handled administrative procedures, contacts with notaries and authorities, and assisted with signing powers of attorney, sometimes requiring legalization in the country of origin (as in Belgium). Assistance continued after the transaction, notably through property management for the acquired asset.
Clients describe a “stress-free” process, smooth and at a cost deemed reasonable. Some have even made several successive acquisitions and maintain a relationship with the broker that is both professional and friendly.
This type of individual profile illustrates a trend in the Lithuanian market well: in a country where there is no mandatory state license to be a real estate agent, credibility relies heavily on personal reputation, potential certification by professional associations, and client feedback.
How Do These Agencies Fit into the Lithuanian Ecosystem?
To better understand the position of these players, they can be compared on a few criteria: longevity, geographic coverage, specialization, and services offered.
| Agency / Broker | Year Founded / Start | Main Area | Dominant Specialty |
|---|---|---|---|
| Ober-Haus | 1998 (LT) / 1994 (group) | All Lithuania, Baltics | Global advisory, market data, all segments |
| Rebaltic Ltd. | 2009 | Vilnius and region | Premium residential real estate |
| Centro Kubas | 1993 | Vilnius | Generalist real estate services, historical |
| Haustory | — (2010s) | West, Klaipėda, coast | Residential and tourist, appraisal, credit |
| Nektur Group | 2009 | Akmenė and regions | Residential and land outside metropolises |
| Anrealty | 1997 | Vilnius, Trakai, regions | Residential, land, commercial + transport |
| Cohost.lt | — | Major cities and resorts | Property management, short-term rental |
| AJ Properties | 2011 | Vilnius | Commercial real estate, advisory |
| 1Partner.lt | — | Major cities | Commercial leasing, rent negotiation |
| CPB Real Estate Services | 2008–2021 (projects) | Baltic states | Commercial real estate, CBRE advisory |
| Portum | — (ex-Skuba RE) | Lithuania, Latvia, Estonia | Built-to-suit commercial development |
| Karolis Liukpetris | 2016 (residential) | Vilnius | Residential brokerage |
| Mindaugas Miškinis | 2020 (testimonials) | Lithuania (foreign clients) | Support for foreign buyers |
This diversity allows covering almost all possible needs: from the first-time buyer in Vilnius to the international fund targeting a logistics portfolio, to the private investor looking for an apartment in Palanga or land in Trakai.
The Rise of Digital… but Preference Remains for Human Interaction
The Lithuanian market is highly digitized. Out of 120 agencies, approximately 92 have a website, 60 have a Facebook page, 36 are present on Instagram, and 23 manage a YouTube channel. The major listing platforms – Aruodas.lt and Domoplius.lt – together concentrate about 85% of online listings, with over 50,000 active offers for the first one.
The majority of transactions (approximately 75%) involve Aruodas.lt in one way or another. On these portals, listing quality is improving: 80% of offers on Aruodas now include a floor plan, and 35% offer a virtual tour.
Percentage of consumers who prefer to interact with a human rather than a chatbot for an important transaction.
The best players therefore combine a strong online presence with a classic brokerage approach, sometimes described as a hybrid model: digital consultation, virtual tours, and data tools on one side; personalized support and professional network on the other.
Commissions, Regulation, and Choosing an Agency: What You Need to Know
Commission structures in Lithuania vary by agency and segment. For a classic residential sale, fees are often between 1 and 3% of the price, sometimes more for certain premium services. For long-term rentals, a commission equivalent to one month’s rent, plus VAT, is common. Specific structures exist for commercial or business sales, with tiers of 5%, 4%, and 3% depending on the amount.
Fees are in principle paid by the party hiring the agent, but sharing is possible. Serious agencies always detail in advance what is included: appraisal, photos, listing, viewings, negotiation, legal follow-up, etc.
There is no mandatory state license to practice as a real estate agent. The profession is regulated by civil law, consumer protection, and anti-money laundering rules. Serious firms implement internal procedures and adhere to professional associations that impose codes of ethics, including the duty of loyalty, transparency, and managing conflicts of interest, particularly in cases of dual agency.
Notaries play a central role in authenticating sales, and registration in the real estate register is a mandatory step to secure title. The best brokers and agencies, like those mentioned in this article, are able to anticipate issues with title, planning, or taxation, and advise when to involve a lawyer or tax specialist.
For a buyer, especially a foreign one, the choice of agency or broker should consider:
– experience in the target segment (new residential, older residential, commercial, seaside resorts, etc.)
– the ability to clearly explain the steps, costs (notary, registration, taxes, commissions) and risks
– transparency about commissions and the handling of any potential dual agency
– availability (number of cases handled simultaneously, responsiveness)
– client reviews, particularly from those who have completed remote transactions.
On these criteria, players like Ober-Haus, Rebaltic, Haustory, Anrealty, Cohost.lt, Commercial Realty Advisors, 1Partner.lt, or brokers such as Karolis Liukpetris and Mindaugas Miškinis clearly stand out.
Conclusion: A Market Rich in Opportunities, Driven by Increasingly Structured Agencies
Lithuania today offers a unique real estate environment within the European Union: still moderate prices in most regions, attractive rental yields, a relatively clear legal framework, and an ecosystem of local agencies that has professionalized rapidly.
The best local real estate agencies are defined not only by their size or turnover but by their ability to:
A real estate agency in Lithuania must master several key competencies: understanding micro-local markets, from central Vilnius districts to seaside resorts on the coast; serving a diverse clientele, from local first-time buyers to foreign investors seeking rental property; mastering the technical, legal, and tax aspects of transactions; and finally, integrating digital tools while preserving the quality of human relationships.
Whether it’s entrusting a purchase project in Vilnius’s Old Town, setting up a rental strategy in Palanga, developing a logistics center on the capital’s outskirts, or buying land in a region, there are agencies in Lithuania capable of responding precisely to these needs, while offering a level of service comparable to what can be found in Europe’s most mature real estate markets.
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Cyril Jarnias is an independent expert in international wealth management with over 20 years of experience. As an expatriate himself, he is dedicated to helping individuals and business leaders build, protect, and pass on their wealth with complete peace of mind.
On his website, cyriljarnias.com, he shares his expertise on international real estate, offshore company formation, and expatriation.
Thanks to his expertise, he offers sound advice to optimize his clients' wealth management. Cyril Jarnias is also recognized for his appearances in many prestigious media outlets such as BFM Business, les Français de l’étranger, Le Figaro, Les Echos, and Mieux vivre votre argent, where he shares his knowledge and know-how in wealth management.
