📝 Description
This state-owned land plot is being offered at auction in Marijampole municipality. The property provides an investment opportunity located at Parko gatve 12, Baragine village, Patasine senunija, Marijampole municipality. Starting auction price is 15103 EUR for a total area of 0.5898 hectares.
The main intended use of this state-owned land is other purposes, with the designated usage type being industrial and storage facility territory. The cadastral number is 5114/0004:1267, and the unique number is 4400-6429-5592. Sale portion is 1/1.
The property has special land use conditions including protection zones for electronic communication networks and power grids. The total area of these zones covers 42 sqm and 45 sqm for electronic network protection; 43 sqm, 61 sqm, and 60 sqm for power grid protection areas. A road easement is also established, allowing vehicle transport and pedestrian walkway usage (total area 295 sqm).
Auction terms state that payment for the purchased state land can be made immediately or in installments (no later than 15 years, with at least 20 percent initial down payment and 5 percent annual interest on the remaining balance).
The auction is conducted electronically. Registration runs from 2025-05-15 00:00:00 until 2025-05-21 23:59:59. The auction itself starts at 2025-05-29 09:00:00 and ends at 2025-05-30 13:59:59. A mandatory registration fee of 50 EUR and a guarantee deposit of 75515 EUR must be paid.
The state land plot can be inspected at any time before the auction begins as there are no restrictions on viewing.
The main intended use of this state-owned land is other purposes, with the designated usage type being industrial and storage facility territory. The cadastral number is 5114/0004:1267, and the unique number is 4400-6429-5592. Sale portion is 1/1.
The property has special land use conditions including protection zones for electronic communication networks and power grids. The total area of these zones covers 42 sqm and 45 sqm for electronic network protection; 43 sqm, 61 sqm, and 60 sqm for power grid protection areas. A road easement is also established, allowing vehicle transport and pedestrian walkway usage (total area 295 sqm).
Auction terms state that payment for the purchased state land can be made immediately or in installments (no later than 15 years, with at least 20 percent initial down payment and 5 percent annual interest on the remaining balance).
The auction is conducted electronically. Registration runs from 2025-05-15 00:00:00 until 2025-05-21 23:59:59. The auction itself starts at 2025-05-29 09:00:00 and ends at 2025-05-30 13:59:59. A mandatory registration fee of 50 EUR and a guarantee deposit of 75515 EUR must be paid.
The state land plot can be inspected at any time before the auction begins as there are no restrictions on viewing.
📍 Location
📍 Marijampolės sav. Baraginės k. Parko g. 12
❓ Frequently asked questions
What is the starting price of the state-owned land plot and why is the guarantee deposit so high?
The starting auction price is 15103 EUR. However, a Guarantee deposit of 75515 EUR and Registration fee of 50 EUR are required. The buyer must pay the guarantee deposit before registration ends.
When will the land plot auction take place and when does registration end?
Registration runs from 2025-05-15 00:00:00 until 2025-05-21 23:59:59. The auction starts at 2025-05-29 09:00:00 and ends at 2025-05-30 13:59:59.
What is the purpose of this plot and its main characteristics?
This is a state-owned land plot with an area of 0.5898 hectares, whose main intended use is other purposes, and type is industrial and storage facility territory. Cadastral No. 5114/0004:1267, Unique No. 4400-6429-5592.
What restrictions apply to the land plot at Parko g. 12, Baragine village?
Special land use conditions apply: several electronic communication network and power grid protection zones, plus a road easement (295 sqm) - right to drive vehicles and use pedestrian walkway.
Who is the seller and is contact information for the appointed representative indicated?
The seller is the Republic of Lithuania. The auction is organized by National Land Service under the Ministry of Environment (company code 188704927). Contacts are anonymized for buyer notification purposes, and the representative name is Rimante Rasickiene.
What payment options are available for the purchased land plot?
Payment can be made immediately upon contract signing or in installments. If installments are chosen, at least 20% of the price must be paid upfront, and the balance over a set period (no longer than 15 years) with 5% annual interest.