📝 Description
For sale is a 484/10000 share (approximately 4.84 percent) of an undeveloped building at Kalvariju g. 121 in Vilnius. This share is sold with 100 percent completion status for the building constructed in 1953. The intended use of the premises is classified as other. The buyer will assume payments related to building renovation, so consider the opportunities for property renewal outlined in the prepared investment renovation plan.
Currently, there is no established usage regime for this share. Auction participants must actively assess all risks associated with partial ownership rights, land use, possible restrictions and territorial planning documents before registration ends. The buyer will need to contact the municipality regarding land use issues if state land lease or ownership rights are required for operation.
The starting price for this share at auction is 12449 EUR. A mandatory deposit of 500 EUR is required from participants. This deposit will be credited as a partial payment upon winning the auction. Contract preparation costs, including notary fees, will be borne by the auction winner. The purchase and sale agreement will be signed at the Vilnius City Notary Office proposed by the seller.
Currently, there is no established usage regime for this share. Auction participants must actively assess all risks associated with partial ownership rights, land use, possible restrictions and territorial planning documents before registration ends. The buyer will need to contact the municipality regarding land use issues if state land lease or ownership rights are required for operation.
The starting price for this share at auction is 12449 EUR. A mandatory deposit of 500 EUR is required from participants. This deposit will be credited as a partial payment upon winning the auction. Contract preparation costs, including notary fees, will be borne by the auction winner. The purchase and sale agreement will be signed at the Vilnius City Notary Office proposed by the seller.
📍 Location
📍 Vilniaus m. sav. Vilniaus m. Kalvarijų g. 121
❓ Frequently asked questions
What is the price and when will the auction for the undeveloped building share take place?
The starting price for the 484/10000 share of the undeveloped building is 12449 EUR. The auction runs from 2024-09-03 09:00:00 to 2024-09-04 13:59:59.
What are the registration deadlines for participating in the auction?
Registration for the auction starts on 2024-08-23 00:00:00 and ends on 2024-08-29 23:59:59.
What is the mandatory deposit fee and how is it used if won?
The mandatory deposit fee is 500 EUR. In case of winning, this amount is credited as a partial payment for the acquired property.
Is there a usage regime established for the undeveloped building share at Kalvariju g. 121?
No usage regime has been established for the 484/10000 share of the undeveloped building.
What additional responsibilities does the buyer assume upon acquiring this real estate share?
The buyer assumes payments related to building renovation and takes on risks and the duty to contact the municipality regarding land use or lease issues.
Which organization conducts the auction and what are the conditions for signing the agreement?
The auction is organized by Lietuvos pascas (code 121215587). Contract preparation costs, including notary fees, will be paid by the auction winner (Buyer).