📝 Description
A 4/5 share of co-owned property in a residential building is being sold in Vilnius, located at Subačiaus g. 109. This is currently a repeat auction with a starting price of 350000 EUR.
The real estate is sold in its existing physical and functional condition. The seller is not obligated to perform any maintenance or set the current cadastral data status. Additionally, the seller is not required to remove items located within the property. It should be noted that the co-owners of the building have not established rules for using the shared ownership.
The electronic auction will run from 2025-05-02 09:00:00 until 2025-05-05 13:59:59. Buyer registration is available from 2025-04-25 00:00:00 to 2025-04-28 23:59:59. To participate, a mandatory guarantee fee of 35000 EUR and a 100 EUR registration fee must be paid in a single transfer before registration begins.
Special conditions apply regarding the priority rights of co-owners. If priority right holders do not exercise their rights after the auction ends, a preliminary real estate purchase agreement will be signed with the auction winner. Subsequently, if priority rights do not yield results, a notarized purchase agreement will be finalized. If one of the co-offers the highest price, the contract is made directly with them. Full payment must be completed within 30 calendar days from or before the contract signing.
Contract drafting costs, including notary fees, are paid by the auction winner. Property inspection can be arranged individually in advance until registration for the auction begins. The organizer of this auction is UAB "Vilniaus vystymo kompanija", company code 120750163. Buyers should pay attention to possible restrictions related to employee or family member participation in the auction, following Company regulations.
The real estate is sold in its existing physical and functional condition. The seller is not obligated to perform any maintenance or set the current cadastral data status. Additionally, the seller is not required to remove items located within the property. It should be noted that the co-owners of the building have not established rules for using the shared ownership.
The electronic auction will run from 2025-05-02 09:00:00 until 2025-05-05 13:59:59. Buyer registration is available from 2025-04-25 00:00:00 to 2025-04-28 23:59:59. To participate, a mandatory guarantee fee of 35000 EUR and a 100 EUR registration fee must be paid in a single transfer before registration begins.
Special conditions apply regarding the priority rights of co-owners. If priority right holders do not exercise their rights after the auction ends, a preliminary real estate purchase agreement will be signed with the auction winner. Subsequently, if priority rights do not yield results, a notarized purchase agreement will be finalized. If one of the co-offers the highest price, the contract is made directly with them. Full payment must be completed within 30 calendar days from or before the contract signing.
Contract drafting costs, including notary fees, are paid by the auction winner. Property inspection can be arranged individually in advance until registration for the auction begins. The organizer of this auction is UAB "Vilniaus vystymo kompanija", company code 120750163. Buyers should pay attention to possible restrictions related to employee or family member participation in the auction, following Company regulations.
📍 Location
📍 Vilniaus m. sav. Vilniaus m. Subačiaus g. 109
❓ Frequently asked questions
What is the starting price for the 4/5 share of the residential property being sold?
The starting price for this real estate share is set at 350000 EUR.
When does the auction registration period end in Vilnius?
Registration for the auction ends on 2025-04-28 23:59:59.
What property is being sold at Subačiaus g. 109, Vilnius?
A 4/5 share of co-owned ownership in a residential building located at Subačiaus g. 109, Vilnius.
What are the mandatory fees for participating in the auction?
A 35000 EUR guarantee fee and a 100 EUR registration fee are required, which must be paid prior to registration.
How long does it take to finalize the purchase agreement after the auction ends?
The real estate purchase agreement is finalized within 30 calendar days from the end of the auction, provided co-owners do not exercise their priority right.
When and how can the property in Vilnius be inspected?
Property inspection is organized until registration for the auction begins, timing must be arranged individually in advance.