1/2 share of land plot in Vilnius at Kalvarijų g. 73, starting price 267168 EUR

Selling a 1/2 share of a unique property object in Vilnius city, at Kalvarijų g. 73. One of the main advantages of this co-ownership is its location and clearly defined usage rights, which facilitate future decisions regarding the property's future. The asset being sold is a land plot, whose primary intended use is for multi-family residential buildings and dormitory areas. The total land plot area reaches 0,0776 hectares (7,76 aro).\n\nLegal records confirm registration: cadastral number 0101/0032:397, unique number 4400-4219-7017. The plot has an irregular polygonal shape and uneven terrain. Access to the plot is ensured via asphalted streets, specifically Trimitų and Kalvarijų streets. The land plot borders two developed plots, indicating potential for further development in this zone.\n\nThe plot has defined usage rights under which the owner of the sold share uses 388 square meters (3,88 aro) of land individually, marked on the plan with index ?B? and lines 11-5-6-7-8-12-11. This is important information providing clarity regarding the actually used and managed portion. The plot is fenced with a metal fence and has an existing residential building.\n\nThis asset is being sold as a VAT object, via auction, organized by an insolvency administrator. Note that the property is subject to an arrest restriction.\n\nThe auction proceeds with the participation of insolvency administrator UAB "INGOFO" vardu.