📝 Description
A 53.35 sqm apartment located at Šelvenų gatvė 16-8 in Tulminai village, Šakyna municipality, Šiauliai district is being sold at the first auction round for a starting price of 800 EUR. This property is part of joint ownership (1/1 share). The calculated price makes this real estate an attractive investment object.
Auction participants will also acquire 1/8 share of the agricultural building with a registered area of 209.00 sqm (unique ID 9196-6018-5048) and 1/16 share of yard structures, including a well and 2 outdoor toilets (unique ID 9196-6018-5059), within the same address group at Šelvenų gatvė 16.
The property is sold in its current physical and functional condition based on existing cadastral data. Note that Turto bankas is not obligated to update the status of cadastral data or remove existing encumbrances. Co-owners have not yet agreed on rules for using the shared partial ownership.
This property is located on state-owned land without a defined plot, and Turto bankas does not hold rights to the plot or part of it that can be transferred. The buyer assumes responsibility for decisions regarding the engineering structure (outdoor toilet) which does not comply with current legislation. Potential buyers are advised to inspect the object independently before registration, assess legal and economic risks associated with purchasing such structures, including costs for renovation or demolition, and compliance with other legal requirements.
The unique ID of this real estate is 9196-6018-5026:0008. The auction starts on 2025-09-29, and registration runs from 2025-09-22 to 2025-09-24. The guarantee fee is 80 EUR, and the registration fee is 1 EUR.
Auction participants will also acquire 1/8 share of the agricultural building with a registered area of 209.00 sqm (unique ID 9196-6018-5048) and 1/16 share of yard structures, including a well and 2 outdoor toilets (unique ID 9196-6018-5059), within the same address group at Šelvenų gatvė 16.
The property is sold in its current physical and functional condition based on existing cadastral data. Note that Turto bankas is not obligated to update the status of cadastral data or remove existing encumbrances. Co-owners have not yet agreed on rules for using the shared partial ownership.
This property is located on state-owned land without a defined plot, and Turto bankas does not hold rights to the plot or part of it that can be transferred. The buyer assumes responsibility for decisions regarding the engineering structure (outdoor toilet) which does not comply with current legislation. Potential buyers are advised to inspect the object independently before registration, assess legal and economic risks associated with purchasing such structures, including costs for renovation or demolition, and compliance with other legal requirements.
The unique ID of this real estate is 9196-6018-5026:0008. The auction starts on 2025-09-29, and registration runs from 2025-09-22 to 2025-09-24. The guarantee fee is 80 EUR, and the registration fee is 1 EUR.
📍 Location
📍 Šiaulių r. sav. Tulminų k. Šelvenų g. 16-8
❓ Frequently asked questions
When does the real estate auction start and end?
The auction starts on 2025-09-29 09:00:00 and ends on 2025-09-30 13:59:59.
What is the starting apartment price and what are additional fees?
The starting price is 800 EUR. The guarantee fee is 80 EUR, and the registration fee is 1 EUR.
What is the unique ID of the real estate and how large is the apartment being sold?
The unique ID of the apartment is 9196-6018-5026:0008. The total apartment area is 53.35 sqm.
Is the property being sold linked to other objects?
Yes, also being sold are 1/8 share of an agricultural building (209.00 sqm) and 1/16 share of yard structures (well, 2 outdoor toilets) at Šelvenų g. 16.
What are the most important restrictions related to the property condition?
The property is sold in its current physical condition without clearance, and the outdoor toilet does not meet legal requirements, so the buyer assumes all risks regarding its adjustment or demolition.
When can I inspect the object being sold?
Inspections are organized until the start of auction registration, arranged individually with the property sales manager.