📝 Description
A state-owned land plot is being sold at auction in the city of Šilutė, located at Sausio 15-osios g. 2. This plot covers an area of 0.1046 ha and offers excellent investment potential. The primary land use classification is "other", with detailed usage designated for single-family and two-family residential building areas. This means the plot is suitable for constructing residential objects. No special land use conditions or servitudes apply to the plot, nor are there restrictions stipulated by laws. The unique property identifier is 4400-2847-2426, and the cadastral number is 8867/0004:136. The entire 1/1 share is being sold. The auction will proceed in an open manner.
The initial selling price is set at 11350 EUR. Registration fees for participants are 50 EUR. To participate in the auction, a security deposit of 56750 EUR must be paid. Registration for auction participants runs from 2025-02-25 00:00:00 to 2025-03-03 23:59:59. The auction itself begins on 2025-03-12 09:00:00 and ends on 2025-03-13 13:59:59.
Payment for the purchased land plot can be made immediately or in installments. If paying in installments, the buyer must pay at least 20 percent of the set price upon signing the purchase agreement. The remaining balance can be paid over a term defined in the contract, but no later than within 15 years from the date the payment begins, starting with second calendar years after signing. An annual interest rate of 5 percent applies to the outstanding amount. It is important to note that persons having debts to National Land Office (Nacionalinė žemės tarnyba), taxes administered by State Tax Inspectorate or social insurance contributions cannot acquire the land plot on installment terms until these debts are settled. The draft purchase agreement for the state land plot was approved by an order of the Director of the Lithuanian Land Registry under the Ministry of Environment dated January 31, 2025 No. 1P-110-(1.1 E.). All detailed payment terms are specified in that contract draft.
The initial selling price is set at 11350 EUR. Registration fees for participants are 50 EUR. To participate in the auction, a security deposit of 56750 EUR must be paid. Registration for auction participants runs from 2025-02-25 00:00:00 to 2025-03-03 23:59:59. The auction itself begins on 2025-03-12 09:00:00 and ends on 2025-03-13 13:59:59.
Payment for the purchased land plot can be made immediately or in installments. If paying in installments, the buyer must pay at least 20 percent of the set price upon signing the purchase agreement. The remaining balance can be paid over a term defined in the contract, but no later than within 15 years from the date the payment begins, starting with second calendar years after signing. An annual interest rate of 5 percent applies to the outstanding amount. It is important to note that persons having debts to National Land Office (Nacionalinė žemės tarnyba), taxes administered by State Tax Inspectorate or social insurance contributions cannot acquire the land plot on installment terms until these debts are settled. The draft purchase agreement for the state land plot was approved by an order of the Director of the Lithuanian Land Registry under the Ministry of Environment dated January 31, 2025 No. 1P-110-(1.1 E.). All detailed payment terms are specified in that contract draft.
📍 Location
📍 Šilutės r. sav. Šilutės m. Sausio 15-osios g. 2
❓ Frequently asked questions
What is the starting price of the state-owned land plot at Sausio 15-osios g. 2, Šilutė?
The starting price for the land plot at auction is 11350 EUR.
When will the auction selling this land plot end?
The auction will end on 2025-03-13 13:59:59.
What are the cadastral and unique numbers for this plot being sold?
Cadastral No. is 8867/0004:136, and the unique No. is 4400-2847-2426.
What are the registration and security fees for participating in the auction?
The registration fee is 50 EUR, and the security deposit to be paid amounts to 56750 EUR.
What is the primary land use classification and type?
The primary land plot usage classification is "other", and the type – single-family and two-family residential building areas.
What are the deadlines set for registration in the auction?
Registration begins on 2025-02-25 00:00:00 and ends on 2025-03-03 23:59:59.
What are the installment payment terms for the plot?
The buyer must pay at least 20 percent of the price immediately, and pay the remaining portion in equal installments over a term up to 15 years, paying 5 percent annual interest.