📝 Description
A half share of a residential building with a 0.1000 ha land plot is being sold at auction in Palanga, Hipodromo st. 87. This second-round auction covers the half of the real estate object, whose total built-up area is 168 sq. m. The unique number of the residential building is 4400-1495-1141, and the unique number of the land plot is 4400-0548-1054. The starting sale price for the object is 34506 EUR, including 5988.64 Eur VAT (the total price consists of 28517.36 Eur and the VAT portion). Registration at the auction runs from 2024-10-16 00:00:00 until 2024-10-18 23:59:59, while the auction itself will take place from 2024-10-23 09:00:00 to 2024-10-24 13:59:59.
Note that the residential building is unfinished (completion at only 26%). Valstybės įmonė Turto bankas does not provide a valid construction permit or project. The new owner must, at their own risk, obtain the necessary construction permit in accordance with legislation to continue construction work. The property is sold as-is in its current physical and functional condition, and Valstybės įmonė Turto bankas is not obligated to remove items located on the object.
The real estate is mortgaged under contractual mortgage (IDK No. 03120080005309) to creditor AB SEB bankas, but Valstybės įmonė Turto bankas has the creditor's consent to sell the property at auction. Upon payment by the buyer, Valstybės įmonė Turto bankas will organize the deregistration of the mortgage through a notary, whose costs are borne by the buyer. The co-owners have not made any agreements regarding the rules for using shared ownership for either the building or the land plot.
You must pay a 3450 EUR guarantee fee and a 40 EUR registration fee. Payments for the auction can be made directly via Neopay or by bank transfer to account LT85 7044 0901 0022 1537 at AB SEB banke, specifying the auction number in the purpose field. Property inspections are organized individually upon agreeing on a time before registration begins.
Note that the residential building is unfinished (completion at only 26%). Valstybės įmonė Turto bankas does not provide a valid construction permit or project. The new owner must, at their own risk, obtain the necessary construction permit in accordance with legislation to continue construction work. The property is sold as-is in its current physical and functional condition, and Valstybės įmonė Turto bankas is not obligated to remove items located on the object.
The real estate is mortgaged under contractual mortgage (IDK No. 03120080005309) to creditor AB SEB bankas, but Valstybės įmonė Turto bankas has the creditor's consent to sell the property at auction. Upon payment by the buyer, Valstybės įmonė Turto bankas will organize the deregistration of the mortgage through a notary, whose costs are borne by the buyer. The co-owners have not made any agreements regarding the rules for using shared ownership for either the building or the land plot.
You must pay a 3450 EUR guarantee fee and a 40 EUR registration fee. Payments for the auction can be made directly via Neopay or by bank transfer to account LT85 7044 0901 0022 1537 at AB SEB banke, specifying the auction number in the purpose field. Property inspections are organized individually upon agreeing on a time before registration begins.
📍 Location
📍 Palangos m. sav. Palangos m. Hipodromo g. 87
❓ Frequently asked questions
What is the extent of the real estate share and starting auction price?
A 1/2 share of a residential building (168 sq. m built-up area) and 1/2 share of 0.1000 ha land plot in Palanga, Hipodromo st. 87 is being sold. Total starting sale price is 34506 EUR (including VAT).
When does registration take place and how are property inspections organized?
Registration starts on 2024-10-16 00:00:00 and ends on 2024-10-18 23:59:59. Inspections are organized before registration begins, upon individually agreeing on a time.
What additional fees must be paid to participate in the auction?
Registration fee for a participant is 40 EUR, and the guarantee fee that needs to be paid is 3450 EUR.
What is the construction status of the property and what conditions apply?
The residential building is unfinished (26% completion). The new owner must, at their own risk, obtain the necessary construction permit to continue construction work, as Valstybės įmonė Turto bankas does not have valid documents.
Is the property mortgaged and how will the mortgage be deregistered?
The real estate is mortgaged under contractual mortgage to AB SEB bankui, but Valstybės įmonė Turto bankas has consent from the mortgage creditor to sell the property. Upon payment by the buyer, Valstybės įmonė Turto bankas will organize deregistration of the mortgage, whose costs are paid by the buyer.
When does the auction in Palanga, Hipodromo st. 87 end?
The auction selling a 1/2 share of the house ends on 2024-10-24 13:59:59.