📝 Description
Auctioned engineering structure – a 47-meter high water tower located in Plunge town, Salantu g. 5B. This sale is conducted through a secondary auction for the property (inventory no. 44/3441466, unique no. 6899-6005-9019), originally intended for water supply network use. The building was erected in 1950; its physical wear is at 70%, while completion stands at 100%. Ownership is offered as a 1/1 share.
The auction runs from September 8, 2025, 09:00:00 to September 9, 2025, 13:59:59. Registration opens on September 2, 2025, until September 3, 2025, 23:59:59.
The initial property price is set at 58226 EUR. Auction participants must pay a 5823 EUR guarantee fee and a 50 EUR registration fee. The purchase-sale contract with the winner must be signed within 25 calendar days, with full payment due by the time of signing, as the contract serves as the acceptance-transfer document. Costs for drafting the real estate purchase-sale contract, including notary fees, are borne by the auction winner.
Plunge District Municipality does not guarantee removal of items inside the premises. If the auction winner fails to pay within specified deadlines, under Article 6.422 of the Civil Code of Lithuania, they will be barred from participating in a new auction for this property and must cover new auction organization costs plus any price difference if the asset sells for less.
Potential participants (individuals or legal entities) must submit required documents during electronic auction registration; for example, legal entities need extracts, articles of association, and management body decisions to participate. Foreign entities must provide documents certifying compliance criteria, translated into Lithuanian. Unless otherwise stated, payments for the asset go to Plunge District Municipality Administration account (LT824010043000402033 Luminor bank, AB).
The auction runs from September 8, 2025, 09:00:00 to September 9, 2025, 13:59:59. Registration opens on September 2, 2025, until September 3, 2025, 23:59:59.
The initial property price is set at 58226 EUR. Auction participants must pay a 5823 EUR guarantee fee and a 50 EUR registration fee. The purchase-sale contract with the winner must be signed within 25 calendar days, with full payment due by the time of signing, as the contract serves as the acceptance-transfer document. Costs for drafting the real estate purchase-sale contract, including notary fees, are borne by the auction winner.
Plunge District Municipality does not guarantee removal of items inside the premises. If the auction winner fails to pay within specified deadlines, under Article 6.422 of the Civil Code of Lithuania, they will be barred from participating in a new auction for this property and must cover new auction organization costs plus any price difference if the asset sells for less.
Potential participants (individuals or legal entities) must submit required documents during electronic auction registration; for example, legal entities need extracts, articles of association, and management body decisions to participate. Foreign entities must provide documents certifying compliance criteria, translated into Lithuanian. Unless otherwise stated, payments for the asset go to Plunge District Municipality Administration account (LT824010043000402033 Luminor bank, AB).
❓ Frequently asked questions
What is the starting price for the water tower auction in Plunge?
The starting price is 58226 EUR.
When does the water tower auction at Salantu g. 5B take place?
The auction runs from September 8, 2025, 09:00:00 to September 9, 2025, 13:59:59.
What are the mandatory fees for participating in the auction?
A registration fee of 50 EUR and a guarantee deposit of 5823 EUR are required.
What is the specification of the water tower (ID 69947)?
It is a 47-meter high structure built in 1950, with 100% completion and 70% physical wear. Unique number 6899-6005-9019.
When can you view the 47m high water tower?
Viewing takes place on September 1, 2025, from 8:00 to 15:00 (break 12:00-13:00), with pre-registration required one day prior.
What are the payment deadlines after winning the auction?
The real estate purchase-sale contract must be signed within 25 calendar days, and the full amount paid by the time of signing.