📝 Description
For sale is a 1/8 share of an agricultural building with a total floor area of 209.00 sqm located in Šilalė District Municipality, Kaltinėnai Parish, Gineikių Village, Akmenos Street 39A. The unique property number is 8798-0006-3011.
This is a repeated auction with a very low starting price of 400 EUR, offering opportunities for investment or acquiring partial ownership. Please note that the agricultural building is sold in its current physical and functional condition. The seller, Valstybės įmonė Turto bankas, does not guarantee the accuracy of real estate cadastre data at the time of sale, nor is it obligated to remove items currently stored inside.
With this partial ownership (1/8), a third party co-owner actually uses the premises. VĮ Turto bankas is not obligated to evict this person from rooms currently in use before the auction winner acquires ownership. No agreements have been made regarding how shared partial ownership will be used, so the buyer must negotiate further usage conditions.
The structures are located on state-owned land where the plot has not yet been formally defined. Permission has been issued by the NŽT Klaipėda District Land Management and Administration Department to transfer the property situated on state-owned land (permission date 2024-10-18). This means acquiring ownership involves land management processes.
Auction participant registration runs from 2025-03-12 00:00:00 until 2025-03-14 23:59:59. The auction itself starts on 2025-03-19 09:00:00 and ends on 2025-03-20 13:59:59. The guarantee deposit is 40 EUR, and the registration fee is 1 EUR. Draft purchase-sale contracts are published publicly at links provided by the Organizer.
This is a repeated auction with a very low starting price of 400 EUR, offering opportunities for investment or acquiring partial ownership. Please note that the agricultural building is sold in its current physical and functional condition. The seller, Valstybės įmonė Turto bankas, does not guarantee the accuracy of real estate cadastre data at the time of sale, nor is it obligated to remove items currently stored inside.
With this partial ownership (1/8), a third party co-owner actually uses the premises. VĮ Turto bankas is not obligated to evict this person from rooms currently in use before the auction winner acquires ownership. No agreements have been made regarding how shared partial ownership will be used, so the buyer must negotiate further usage conditions.
The structures are located on state-owned land where the plot has not yet been formally defined. Permission has been issued by the NŽT Klaipėda District Land Management and Administration Department to transfer the property situated on state-owned land (permission date 2024-10-18). This means acquiring ownership involves land management processes.
Auction participant registration runs from 2025-03-12 00:00:00 until 2025-03-14 23:59:59. The auction itself starts on 2025-03-19 09:00:00 and ends on 2025-03-20 13:59:59. The guarantee deposit is 40 EUR, and the registration fee is 1 EUR. Draft purchase-sale contracts are published publicly at links provided by the Organizer.
📍 Location
📍 Šilalės r. sav. Gineikių k. Akmenos g. 39A
❓ Frequently asked questions
What is the minimum starting price for acquiring this 1/8 share of the agricultural building?
The starting price for the 1/8 share of the agricultural building (209 sqm object portion) is 400 EUR.
When will the auction for the agricultural building share in Šilalė District take place?
The auction starts on 2025-03-19 09:00:00 and ends on 2025-03-20 13:59:59.
What are the guarantee and registration fees to participate in the auction?
The guarantee deposit is 40 EUR, and the registration fee is 1 EUR.
What partial ownership is being sold and what is the total floor area of the object (building)?
A 1/8 share of an agricultural building is being sold, with a total occupied floor area of 209 sqm.
Will the seller evict the co-owner currently using the rooms?
No, Valstybės įmonė Turto bankas is not obligated to evict the co-owner actually using the rooms before the auction winner acquires ownership.
What is the unique code of the object and how is it related to land?
The unique number is 8798-0006-3011. Permission has been issued to transfer ownership because the structure is on state-owned land, whose plot has not been formed.
What is the last day of registration in the auction?
Registration for the auction ends on 2025-03-14 23:59:59.