Žygimantų 12 Records Apartment Sale Worth More Than €1.26 Million
A 186 sq. m apartment at Žygimantų 12 in central Vilnius has been sold for more than €1.26 million.
The purchase also included parking spaces, bicycle storage and a share of the land plot. The transaction price amounted to approximately €6,787 per sq. m.
In June 2026, the sale ranked among the ten highest-value apartment transactions recorded in Lithuania.
Yet for the Žygimantų 12 team, another part of the story is equally relevant: the buyers are a family who previously lived outside the city and decided to exchange suburban living for a home in central Vilnius.
Why are families moving back to the city centre?
For many years, a larger suburban home was seen as the natural definition of residential comfort – more space, a private garden, peace and a sense of security.
As families move into a different stage of life, however, their priorities often change.
Schools, children’s activities, commuting time, proximity to work, culture and everyday services begin to play a much greater role in the decision of where to live.
The Žygimantų 12 sales team increasingly sees buyers searching for precisely this balance: retaining the space and privacy of a large home while recovering the time otherwise spent travelling between the suburbs and the city.
186 sq. m in central Vilnius as an alternative to a suburban house
Moving from a detached house into the city does not simply mean finding an apartment with more bedrooms.
A new home needs to compensate for many of the advantages the family is leaving behind.
Overall floor area, generous living spaces, privacy, parking, storage, views and separate spaces for different family needs all become important.
This is why apartments of more than 100 sq. m represent a distinct part of the premium residential market.
The 186 sq. m residence sold at Žygimantų 12 in June is one example of this type of choice.
Premium buyers look beyond location
Central Vilnius is an obvious advantage, but buyers allocating a substantial budget to their home evaluate much more than the address.
They typically consider:
- privacy;
- the surrounding neighbourhood;
- the scale of the development;
- construction and material quality;
- parking;
- the immediate environment;
- views;
- the quality of shared spaces;
- the ability to see and experience the finished development.
Žygimantų 12 is already completed, allowing buyers to assess the real result rather than rely on visualisations – from apartment proportions and daylight to views, the private courtyard and shared interiors.
Just 54 apartments across two buildings
The scale of a development also has a direct impact on privacy.
Žygimantų 12 consists of two buildings with 27 apartments each – only 54 residences in total.
This creates a different everyday environment from large developments with several hundred homes, where resident traffic is inevitably much higher.
The two buildings at Žygimantų 12 also support different living preferences.
A quiet courtyard or views towards the Neris?
Different buyers are drawn to different parts of the development.
Those looking for a quieter atmosphere often prefer the inner building, where apartments face the private courtyard, greenery and the rooftops of Vilnius Old Town.
Buyers who want a stronger connection with the city tend to choose the riverfront building, with views towards the Neris and the modern business district on the opposite bank.
These are two different ways of living within the same development.
A large home in the city is also about everyday logistics
The value of a premium home is not created by representative features alone.
For a family moving from a suburban house, practical everyday details become particularly important.
Underground parking removes one of the most common inconveniences associated with city-centre living. Additional storage and bicycle facilities help maintain the functionality families are accustomed to in a detached house.
At the same time, much of the city becomes accessible on foot.
Gedimino Avenue, Cathedral Square, the Neris riverfront, the central business district, schools, cultural venues and leisure destinations are all nearby.
The transaction reflects a wider premium-market trend
Many of the highest-value residential transactions recorded in Lithuania in June involved larger homes.
A significant number exceeded 100 sq. m, while several were above 200 sq. m.
This indicates that buyers in the high-end segment are not necessarily looking for compact city apartments or a prestigious address alone.
Space, functionality, privacy and the overall quality of a development remain fundamental.
The Žygimantų 12 transaction illustrates this clearly: the buyers were not simply choosing the opportunity to live in central Vilnius. They were choosing a way to do so without giving up the space and comfort expected from a substantial family home.
Experience Žygimantų 12 in person
Žygimantų 12 is already completed.
Prospective residents can view the apartments in person and experience their scale, orientation, views, shared spaces, private courtyard and relationship with central Vilnius.
For families looking for more space, the development includes apartments of more than 100 sq. m, while neighbouring units can also be combined to create substantially larger homes.
We invite you to a private viewing of Žygimantų 12.
The transaction was also featured in Verslo žinios’ July 2026 overview of Lithuania’s premium residential market.