📝 Description
We are selling a 1/1 share of administrative premises in Vilnius municipality, located at Subačiaus g. 115B-8 on Subačiaus street, Vilnius. The unique property number is 4400-1546-9344:9306. These premises have an area of 16,25 square meters and are situated in the ground floor of a nine-story masonry building.
The sale proceeds as-is, both physically and functionally. A key aspect is that these premises fall within the visual protection zone of a state-protected immovable cultural heritage site – Vilnius Old Town, listed as a cultural monument (unique code -16073). Consequently, all construction, renovation, or reconstruction work is strictly regulated by the Republic of Lithuania Law on Protection of Immovable Cultural Heritage and related legal acts. The building itself is not registered in the Cultural Heritage Register.
Please note that the premises are currently actually used by a third party. The municipality does not commit to evicting this person or removing items in the premises before transferring ownership at the auction winner. Inspections are limited.
The starting price for the property at the auction is set at 28560 EUR. The mandatory security deposit is 2856 EUR, and the registration fee is 145 EUR. The auction runs from 2025-02-24 09:00:00 to 2025-02-25 13:59:59. Registration for the electronic auction takes place from 2025-02-17 00:00:00 to 2025-02-19 23:59:59.
The purchase-sale contract must be concluded within 30 days from the day of the auction, and the full price must be paid no later than 10 days after signing the contract.
The sale proceeds as-is, both physically and functionally. A key aspect is that these premises fall within the visual protection zone of a state-protected immovable cultural heritage site – Vilnius Old Town, listed as a cultural monument (unique code -16073). Consequently, all construction, renovation, or reconstruction work is strictly regulated by the Republic of Lithuania Law on Protection of Immovable Cultural Heritage and related legal acts. The building itself is not registered in the Cultural Heritage Register.
Please note that the premises are currently actually used by a third party. The municipality does not commit to evicting this person or removing items in the premises before transferring ownership at the auction winner. Inspections are limited.
The starting price for the property at the auction is set at 28560 EUR. The mandatory security deposit is 2856 EUR, and the registration fee is 145 EUR. The auction runs from 2025-02-24 09:00:00 to 2025-02-25 13:59:59. Registration for the electronic auction takes place from 2025-02-17 00:00:00 to 2025-02-19 23:59:59.
The purchase-sale contract must be concluded within 30 days from the day of the auction, and the full price must be paid no later than 10 days after signing the contract.
📍 Location
📍 Vilniaus m. sav. Vilniaus m. Subačiaus g. 115B-8
❓ Frequently asked questions
What is the starting price for Subačiaus g. 115B-8 administrative premises at the auction?
The starting sale price is 28560 EUR.
When are the inspections scheduled and how to coordinate them?
Inspections are scheduled for 2025-02-03 11.00 and 2025-02-10 11.00, however, coordination of inspections must be arranged in advance with the responsible specialist.
What payments are required to participate in the auction?
The participant's security deposit is 2856 EUR, and the registration fee is 145 EUR. Both payments must be made before the end of registration for the electronic auction.
What deadlines apply to auction participants for contract signing and final payment?
The purchase-sale contract must be concluded within 30 days from the auction day, and the full price paid within 10 days after signing the contract.
Are the premises being sold part of a cultural heritage object?
The premises are state-protected immovable cultural heritage – in the visual protection zone of Vilnius Old Town. Therefore, all construction and renovation work conditions are strictly regulated by heritage preservation requirements.
What floor is the property on and what is its unique number?
The premises are in the ground floor of a nine-story masonry building. Unique number: 4400-1546-9344.
Are the premises occupied and must the new owner evict existing residents?
The premises are actually used by a third party. The municipality does not commit to evicting this person or removing items in the premises before transferring ownership.