📝 Description
You can buy a 37/100 share of a residential house located at Geležinkelio g. 3, Tauragė municipality, Tauragė district. This is the second auction by State Enterprise Turto bankas with a starting price of only 1173 EUR.
The property includes a 37/100 share of the main house (total area 55.07 sqm, unique number 7794-0000-7018), a 1/2 share of a utility building (occupied area 25.00 sqm, unique number 7794-0000-7029), and a 37/100 share of yard structures (outdoor toilet, fence, well, paths, unique number 7794-0000-7061).
Note that the property is sold in its current physical and functional condition based on valid cadastral data. A wooden annex exists on the eastern side of the house but is not recorded in cadastral records. Turto bankas does not guarantee updating cadastral data or removing existing items. The property is currently used by a third party (co-owner), so inspections are limited and usage may be restricted after purchasing the share. Co-owners have not agreed on rules for shared use.
The structures are located on state land where the plot has not yet been formed. However, the Tauragė district municipality administration issued consent to transfer these structures on 2024-10-24. Special attention should be paid to the engineering structure – outdoor toilet (unique number 7794-0000-7061), which does not meet legal requirements. Buyers are advised to conduct a thorough on-site inspection and assess all legal and economic risks related to installing, demolishing such structures or potential costs.
Participants must register for the auction from 2025-09-17 to 2025-09-19. The auction runs from 2025-09-24 09:00:00 to 2025-09-25 13:59:59. A participation fee of 117 EUR and a registration fee of 10 EUR must be paid. Payments can be made via NEOPAY or bank transfer using the auction number to SEB bank account LT14 7044 0600 0044 3912.
The property includes a 37/100 share of the main house (total area 55.07 sqm, unique number 7794-0000-7018), a 1/2 share of a utility building (occupied area 25.00 sqm, unique number 7794-0000-7029), and a 37/100 share of yard structures (outdoor toilet, fence, well, paths, unique number 7794-0000-7061).
Note that the property is sold in its current physical and functional condition based on valid cadastral data. A wooden annex exists on the eastern side of the house but is not recorded in cadastral records. Turto bankas does not guarantee updating cadastral data or removing existing items. The property is currently used by a third party (co-owner), so inspections are limited and usage may be restricted after purchasing the share. Co-owners have not agreed on rules for shared use.
The structures are located on state land where the plot has not yet been formed. However, the Tauragė district municipality administration issued consent to transfer these structures on 2024-10-24. Special attention should be paid to the engineering structure – outdoor toilet (unique number 7794-0000-7061), which does not meet legal requirements. Buyers are advised to conduct a thorough on-site inspection and assess all legal and economic risks related to installing, demolishing such structures or potential costs.
Participants must register for the auction from 2025-09-17 to 2025-09-19. The auction runs from 2025-09-24 09:00:00 to 2025-09-25 13:59:59. A participation fee of 117 EUR and a registration fee of 10 EUR must be paid. Payments can be made via NEOPAY or bank transfer using the auction number to SEB bank account LT14 7044 0600 0044 3912.
📍 Location
📍 Tauragės r. sav. Tauragės m. Geležinkelio g. 3
❓ Frequently asked questions
What is the starting sale price for a 37/100 share of property in Tauragė?
The starting price for the 37/100 share of the residential house, utility building and yard structures at the auction is 1173 EUR.
When will the auction for property Geležinkelio g. 3, Tauragė take place?
The auction starts on 2025-09-24 09:00:00 and ends on 2025-09-25 13:59:59.
What fees apply to participating in the auction?
A participation fee of 117 EUR and a registration fee of 10 EUR are required.
What is included in the shared ownership being sold?
Sold: 37/100 share of residential house (55.07 sqm), 1/2 share of utility building (25.00 sqm occupied area) and 37/100 shares of yard structures (e.g., outdoor toilet, fence, well).
What is the main property condition risk to be aware of?
Property sold in current condition with discrepancies (e.g., unregistered annex, outdoor toilet does not meet legal requirements). Property is physically used by co-owner.
Does land belong to the object being sold?
Sold structures are on state land where plot has not been formed, but consent to transfer structure was obtained.
When can you register for the auction?
Registration runs from 2025-09-17 00:00:00 to 2025-09-19 23:59:59.