📝 Description
4/5 share of a residential building in Vilnius city, at Subačiaus street 109, is being sold via an electronic public auction with a starting price of 350000 EUR. The property is offered as-is in its current physical and functional condition. The seller does not undertake any commitment to establish the current state of immovable property cadastre data or remove existing items.
It is important to note that the current co-owners have not reached agreements regarding the terms of using shared partial ownership.
Public auction registration starts on 2025-03-21 00:00:00 and ends on 2025-03-24 23:59:59. The auction itself will take place from 2025-03-27 09:00:00 until 2025-03-28 13:59:59.
To participate, you must pay a 35000 EUR guarantee fee and a 100 EUR registration fee. These fees can be paid in a single transfer to the account of UAB "Vilniaus vystymo kompanija" sąskaitą.
Upon winning the auction, a purchase-sale agreement with the winner will be concluded within 30 calendar days from the end of the auction. An initial preliminary real estate purchase-sale agreement is made with the auction winner first. A notary deed will only be drawn up after co-owners do not exercise their priority right to acquire the property under conditions offered by the winner within the time limit set by law.
If the property being sold is in shared ownership shares, an additional condition regarding co-owners' priority right applies, which must be resolved according to the law. If the full amount is not paid by the winner within the specified term, the contract will be terminated and the guarantee fee will not be refunded.
Property inspection is organized individually upon prior agreement of time, this must be done before the start of auction registration. The auction is organized by a joint-stock company "Vilniaus vystymo kompanija", enterprise code 120750163. Konstitucijos pr. 3, Vilnius is indicated as the address of the organizer (UAB "Vilniaus vystymo kompanija") adresas.
It is important to note that the current co-owners have not reached agreements regarding the terms of using shared partial ownership.
Public auction registration starts on 2025-03-21 00:00:00 and ends on 2025-03-24 23:59:59. The auction itself will take place from 2025-03-27 09:00:00 until 2025-03-28 13:59:59.
To participate, you must pay a 35000 EUR guarantee fee and a 100 EUR registration fee. These fees can be paid in a single transfer to the account of UAB "Vilniaus vystymo kompanija" sąskaitą.
Upon winning the auction, a purchase-sale agreement with the winner will be concluded within 30 calendar days from the end of the auction. An initial preliminary real estate purchase-sale agreement is made with the auction winner first. A notary deed will only be drawn up after co-owners do not exercise their priority right to acquire the property under conditions offered by the winner within the time limit set by law.
If the property being sold is in shared ownership shares, an additional condition regarding co-owners' priority right applies, which must be resolved according to the law. If the full amount is not paid by the winner within the specified term, the contract will be terminated and the guarantee fee will not be refunded.
Property inspection is organized individually upon prior agreement of time, this must be done before the start of auction registration. The auction is organized by a joint-stock company "Vilniaus vystymo kompanija", enterprise code 120750163. Konstitucijos pr. 3, Vilnius is indicated as the address of the organizer (UAB "Vilniaus vystymo kompanija") adresas.
📍 Location
📍 Vilniaus m. sav. Vilniaus m. Subačiaus g. 109
❓ Frequently asked questions
What is the starting price of the house share at Subačiaus g. 109?
The starting sale price reaches 350000 EUR.
When can you register for the auction and when will it take place?
Registration starts on 2025-03-21 00:00:00 and ends on 2025-03-24 23:59:59. The auction will take place from 2025-03-27 09:00:00 until 2025-03-28 13:59:59.
What portion of the property is being sold and what is the unique number?
A 4/5 house share is being sold. The unique number is 1094-0368-6017.
What fees are mandatory for participating in the auction?
The guarantee fee is 35000 EUR, and the registration fee is 100 EUR. These fees must be paid before registration.
What is the payment procedure and terms after winning the auction?
Payment for the full property price must be completed within 30 calendar days from the end of the auction or contract signing. If not paid, the contract is terminated and the guarantee fee is not refunded.
What are the restrictions regarding co-owners?
Additional conditions apply regarding the existing priority right of co-owners to acquire the property. Before concluding a notary purchase-sale agreement, co-owners have the right to exercise their priority right under the auction winner's conditions.
How to agree on an inspection of the object at Subačiaus g. 109?
Inspection is organized individually upon prior agreement of time before the start of auction registration. Contact data for inspection arrangement were not saved after PII removal, however, registration took place via email [email protected].