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Land plot in Palanga at Latgalos g. 5 for residential construction - 1,124,800 EUR

📝 Description

★★★★★ ★★★★★ 4.5
For sale is a land plot of 0.1872 ha (1,872 sqm) in Palanga city, at Latgalos street 5. The main intended use is for residential buildings – single-family and multi-family housing areas. The plot's initial auction price is set at 1124800 EUR. This land has significant development potential, especially given its coastal location and planned usage. The entire area of 0.1872 ha is classified as meadows and natural pastures, with a forestation rating of 40.0. The land plot was formed following cadastral measurements.

According to NTR data, an auxiliary agricultural purpose building is registered on this plot (unique number: 4400-6090-8430). The building's condition is noted as "Permit to perform construction work," and its status is listed as "Forming." The cadastral data recording date is 2023-03-21.

This bailiff auction, initiated by a request, runs from 2025-05-20 11:09:55 until 2025-06-19 11:09:59. The property is sold in 1/1 share. Restrictions on disposal rights apply to the sale of the object, including a Mortgage Judgment and Asset Arrest.

Inspection can be arranged at the location. We invite you to evaluate the real estate investment potential in Palanga.

📍 Location

📍 Palangos m. sav. Palangos m. Latgalos g. 5

❓ Frequently asked questions

What is the auction price for the land plot at Latgalos g. 5, Palanga?
The initial auction price for the land plot is set at 1124800 EUR.
When does this bailiff auction in Palanga take place?
The auction starts on 2025-05-20 11:09:55 and ends on 2025-06-19 11:09:59.
What are the main details of the land plot at Latgalos g. 5, Palanga?
The plot area is 0.1872 ha (1,872 sqm), cadastral no. 2501/0014:8, unique no. 2501-0014-0008. Purpose – single-family and multi-family residential building areas.
Are there any restrictions on this plot?
Yes, disposal rights restrictions are established: Mortgage Judgment and Asset Arrest.
Is there a building registered on the land plot and what is its condition?
According to NTR data, an auxiliary agricultural purpose building is registered on the plot (unique number: 4400-6090-8430), whose status is listed as 'Forming' and condition noted as 'Permit to perform construction work'.
Who organizes this property sale?
The auction is organized by Bailiff J. Petriko's office located at J. Janonio g. 17, Klaipeda.

⏱ Auction time

Auction ended

Auction

Until: 2025-06-19 11:09:59

🏠 Property details

📍 Address
Palangos m. sav. Palangos m. Latgalos g. 5
Type
Pirmosios
Subtype
Sklypai
Cadastral No.
2501/0014:8
⚠️ Restrictions
Disponavimo teisės apribojimas Hipotekos nutartis Turto areštas
Object ID: 382020
💰 Starting price
1124800.00 €
Participate in auction
🔑 Keywords
land plot Palanga residential land plot Palanga court auction property 1124800 EUR Latgalos g 5 plot plots with construction permit