📝 Description
This property is being sold at auction: a 24/100 share of a residential building in Vilnius municipality, located at Geležinė g. 7, Vilnius. The property has an initial price of 75316 EUR and is being sold as a 24/100 share of the total area of 177.91 sqm in a wooden one-story building (marked as 1A1m on the plan).
It is important to note that although the building itself is not listed in the Cultural Heritage Register, it falls within the territory of the visual protection zone of a state-protected immovable cultural heritage site - the Vilnius Old Town (unique code in the register 16073). Due to this reason, property use, maintenance, construction (repair, reconstruction) works will be regulated by the Law of the Republic of Lithuania on Protection of Immovable Cultural Heritage and other related legal acts. Buyers must evaluate these cultural heritage requirements when performing any work.
The share being sold is in its current physical and functional condition based on existing real estate cadastre data, which may not reflect the actual situation. The seller, Vilnius municipality, does not undertake to determine the current status of cadastre data. The sale takes place as a municipal auction, so the sales agreement must be concluded within 30 days from the day of the auction, and the full price must be paid within 10 days after signing the contract.
Auction rules require a 7531 EUR guarantee fee and a 145 EUR registration fee. These fees must be paid to the Vilnius municipality administration account at SEB bank before registering in the electronic auction.
It is important to note that although the building itself is not listed in the Cultural Heritage Register, it falls within the territory of the visual protection zone of a state-protected immovable cultural heritage site - the Vilnius Old Town (unique code in the register 16073). Due to this reason, property use, maintenance, construction (repair, reconstruction) works will be regulated by the Law of the Republic of Lithuania on Protection of Immovable Cultural Heritage and other related legal acts. Buyers must evaluate these cultural heritage requirements when performing any work.
The share being sold is in its current physical and functional condition based on existing real estate cadastre data, which may not reflect the actual situation. The seller, Vilnius municipality, does not undertake to determine the current status of cadastre data. The sale takes place as a municipal auction, so the sales agreement must be concluded within 30 days from the day of the auction, and the full price must be paid within 10 days after signing the contract.
Auction rules require a 7531 EUR guarantee fee and a 145 EUR registration fee. These fees must be paid to the Vilnius municipality administration account at SEB bank before registering in the electronic auction.
📍 Location
📍 Vilniaus m. sav. Vilniaus m. Geležinė g. 7
❓ Frequently asked questions
What is the starting price of the immovable property share being sold and what is the ownership size being sold?
The starting price of the immovable property share (24/100) is 75316 EUR. The sale object is a 24/100 share of the total area of 177.91 sqm in a wooden building at Geležinė g. 7, Vilnius.
When will registration and sale of this immovable property take place?
Registration in the electronic auction runs from 2024-06-17 00:00:00 to 2024-06-19 23:59:59. The auction itself will run from 2024-06-25 09:00:00 to 2024-06-26 13:59:59.
What mandatory fees apply when participating in the auction?
When participating in the auction, you must pay a 7531 EUR guarantee fee and a 145 EUR registration fee. These amounts must be paid to the Vilnius municipality administration account (LT63 7044 0600 0123 5132) before the end of auction registration.
What conditions apply to concluding the sales agreement for the sold object?
The sales agreement with the winning bidder must be concluded within 30 days from the day of the sale, and the full immovable property price must be paid no later than within 10 days after signing the contract.
Are cultural heritage restrictions applied to the share being sold?
Yes, although the building is not included in the Cultural Heritage Register, it is protected in the visual protection zone of Vilnius Old Town. Therefore, property use, maintenance and construction works are regulated by the Law on Protection of Immovable Cultural Heritage.
When can you inspect the immovable property at Geležinė g. 7?
Property inspections are scheduled for 2024-06-04 14:00 and 2024-06-11 14:00. Time must be agreed in advance with the responsible employee.