📝 Description
We are selling a share of non-residential premises – an unfinished loft, located in the visual protection zone of Vilnius Old Town. This share accounts for 36.79 sq.m of total area (out of 227.09 sq.m) of a masonry building at Kapsų g. 8, Vilnius.
The property is sold in its current state without internal finishing. The unique number of the premises is 4400-0077-9606:3883. Please note that the premises are in a residential building which, although not entered into the Cultural Heritage Register, falls within the entire protected area of Vilnius Old Town, declared a cultural monument (code - 16073), in the visual protection zone. Due to this reason, property usage and all construction or renovation works are strictly regulated by the Law of the Republic of Lithuania on Protection of Immovable Cultural Heritage and other related acts.
A multi-family home financing agreement has been established in the building. This means that after the building is updated (modernized), the obligation to make payments under the modernization project will pass to the new owner of the loft share. You can get familiar with the investment plan via the link provided.
The starting price at the auction is 6593 EUR. To participate, a mandatory guarantee fee of 659 EUR and a 70 EUR registration fee are required. The purchase-sale agreement must be signed within 30 days from the auction, and the full amount must be paid within 10 days after signing the contract. The organizer is Vilniaus miesto savivaldybės administracija.
The property is sold in its current state without internal finishing. The unique number of the premises is 4400-0077-9606:3883. Please note that the premises are in a residential building which, although not entered into the Cultural Heritage Register, falls within the entire protected area of Vilnius Old Town, declared a cultural monument (code - 16073), in the visual protection zone. Due to this reason, property usage and all construction or renovation works are strictly regulated by the Law of the Republic of Lithuania on Protection of Immovable Cultural Heritage and other related acts.
A multi-family home financing agreement has been established in the building. This means that after the building is updated (modernized), the obligation to make payments under the modernization project will pass to the new owner of the loft share. You can get familiar with the investment plan via the link provided.
The starting price at the auction is 6593 EUR. To participate, a mandatory guarantee fee of 659 EUR and a 70 EUR registration fee are required. The purchase-sale agreement must be signed within 30 days from the auction, and the full amount must be paid within 10 days after signing the contract. The organizer is Vilniaus miesto savivaldybės administracija.
❓ Frequently asked questions
What is the starting price of the unfinished loft in Vilnius?
The starting price of the immovable property share at the auction is 6593 EUR.
When does this asset auction take place at Kapsų g. 8?
The auction will start on 2025-09-29 09:00:00 and end on 2025-09-30 13:59:59.
What is the area of the share of non-residential premises being sold?
We are selling a 3679/22709 share, which corresponds to 36.79 square meters.
What additional fees are required to participate in the auction?
A guarantee fee of 659 EUR and a registration fee of 70 EUR are required.
What restrictions apply to property usage at Kapsų g. 8?
The premises are in Vilnius Old Town visual protection zone, so all renovation or construction works must comply with the Law on Protection of Immovable Cultural Heritage.
When can the unfinished loft at Kapsų g. 8 be viewed?
Viewings are planned for 2025-09-11 9.00 val. and 2025-09-18 9.00 val., after coordinating the time in advance.
What does it mean that a multi-family home financing agreement has been established in the building?
After the building is updated (modernized), the obligation to pay under the modernization project will pass to this loft share owner.