📝 Description
A 21.66 sqm apartment is up for auction in Biržų District Municipality, Vabalninkas town, at B. Sruogos Street 5. This residential unit located in a log cabin built in 1920 offers an initial price of 510 EUR. The unique object number is 3692-0002-9014:0003. The apartment includes 1.13 sqm of shared utility spaces (2-1 (1/2 out of 2.26 sqm)). The interior finish is in very poor condition and requires renovation, making it a great investment opportunity for those looking to update real estate or find affordable housing. Currently, there is no plumbing or sewage system, the electricity supply is disconnected, and heating is provided by a stove. The entire 1/1 ownership share is being sold. The property is sold as-is with all associated risks borne by the buyer without inspection. The purchase-sale agreement must be signed within 25 calendar days from the public auction date. The full sale price must be paid within 10 days after signing the contract. The auction winner pays all contract costs, including notary fees.
📍 Location
📍 Biržų r. sav. Vabalninko m. B. Sruogos g. 5-2
❓ Frequently asked questions
What is the starting price of this apartment at B. Sruogos St. 5, Vabalninkas?
The apartment (unique number 3692-0002-9014) starting auction price is 510 EUR.
When does the public auction take place for this 21.66 sqm apartment?
The auction starts on 2025-04-03 09:00:00 and ends on 2025-04-04 13:59:59.
What additional fees apply when participating in the auction?
Besides the starting price, participants must pay a 51 EUR guarantee fee and 50 EUR registration fee.
What is the condition of the real estate and are utilities available?
The apartment finish is in very poor condition and needs renovation. There is no plumbing or sewage system inside, electricity is disconnected, and heating is stove-based.
What is the total area of the apartment and construction year?
The total apartment area is 21.66 sqm. It was built in a log cabin structure in 1920.
How long do I have to sign the purchase agreement after winning?
The purchase-sale agreement must be signed no later than within 25 calendar days from the public auction date.