The taxable value of real estate property in Lithuania has increased by 90% since the beginning of 2021, according to an assessment by the Centre of Registers, BNS reports. The tax value of residential property has roughly doubled, while the value of other real estate has increased by 60-100% over five years. Property values have…
A severe storm that hit Lithuania on 6-7 August 2023 toppled over 50,000 trees in forests, the state forest management enterprise, Valstybiniu Misku Uredija (VMU), announced, BNS reports. Valdas Kaubre, director general of VMU, said that the estimated total area of damaged forest amounted to around 2,000 hectares. Most of the trees fell in the…
One person was killed during a severe storm in Lithuania on 7 August 2023, LRT reports. Lithuania’s Fire and Rescue Department (PAGD) announced that a woman was crushed to death by a falling tree in the town of Zagare in Joniskis district. The storm caused widespread damage in northern Lithuania, as hail broke windows and…