Apartments › Gytarių g. 15 › 24

Gytarių g. 15 - 24, Šiauliai

Apartment · 5+ rooms · 100.59 m² · Floor 5 · Tenanted — tenancy agreement in place Vacant

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The 100.59 m² apartment at Gytarių g. 15 has been fully renovated and fitted out as 5 self-contained studios. All five are currently let.

The key advantage of this property is that rental income comes from 5 separate studios rather than a single tenant. If one studio were vacant for a short period, the remaining four would continue to generate income.

The studios are approximately 12–22 m² each. Every studio has its own bathroom with a shower and WC, a kitchen area, furniture, appliances, and separate electricity and water metering.

The property is sold with furniture and appliances. Tenants pay the utility costs, including heating, on top of the rent.

The apartment has undergone a full renovation – the plumbing and electrical wiring have been replaced, and PVC windows, laminate flooring and a steel security door have been fitted. The apartment also comes with a 6.70 m² basement storage room.

A good location for long-term letting – close to the Akropolis shopping centre, Pietinis bulvaras, Lyros market, schools, nurseries and public transport stops.

On request, we can provide a history of actual rental income and 12 months of reports.

INVESTMENT PRICE169 000 €
Your first investment will require your own funds (15 %) 25 350 € Financed by the bank (85 %) 143 650 € Loan repayment €747 /month Rental income €1332 /monthLeft over after the loan repayment +€585 /month Return on your invested capital 27,7 %Figure is indicative. Income depends on the tenant, occupancy and costs.
The loan repayment is calculated over a 30 -year term with an illustrative annual interest rate of 4.719% (2 % margin + 6 -month EURIBOR). The result is indicative — the final terms are set by the bank.
All pricing and fees →
Type of lettingLong-term, paid monthly
Rental income€1332 /month
Annual rental income15 984 €
Gross annual yield9.5%
MaxRent Partners management (optional, 7 % + VAT)−€93 /month + VAT
Indicative cash flow without a loan+€1239 /month

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If you had bought this property earlier

1 YEARS AGO+92 %
PRICE THEN~150 220 €→ PRICE TODAY169 000 €

Capital growth +18 780 €

10 YEARS AGO+936 %
PRICE THEN~75 450 €→ PRICE TODAY169 000 €

Capital growth +93 550 €

🔒 How much you would have earned — visible after loginAmounts in euros and the calculation are tailored to this specific apartment. Registration is free.Register for freeLog in

With a 15 % down payment, your equity today would be: bought 1 year ago (~22 530 € down) — ~43 290 € +⟨N⟩%, ⟨N⟩ years ago (~⟨N⟩€ down) — ~⟨N⟩€ +⟨N⟩% — including the loan balance repaid over that time. +92 %, prieš 10 metų (~11 320 € įnašas) — ~117 280 € +936 % — including the reduction in the outstanding loan balance over that period.

Calculation: the average change in apartment prices across Lithuania's major cities (Ober-Haus apartment price index, July 2026 ) applied to this property's price. Past price changes do not guarantee future returns.

Verified by Freedom Estate — 12 public criteria