📝 Description
A unique engineering structure is up for sale: a 47-meter high water tower located in Plungė at Salantų g. 5B. This asset is being sold via a municipal public auction (Repeated Sale - Other Structures type). The property has 100% completion and is registered under unique number 6899-6005-9019, designated as V1 on the plan. Built in 1950, the tower shows 70% physical wear. We are selling 1/1 share of this object. The initial sale price is set at 52433 EUR. A security deposit of 5243 EUR is required, plus a 50 EUR administrative registration fee.
The auction bidding opens on 2025-10-02 09:00:00 and closes on 2025-10-03 13:59:59. Registration to participate is open from 2025-09-26 00:00:00 until 2025-09-29 23:59:59. The purchase and sale agreement with the winning bidder will be executed within 25 calendar days of the auction date, and the full price must be paid before signing the contract.
The property is sold "as is." Plungės rajono savivaldybė neįsipareigoja iškraustyti patalpose esančių daiktų (the Plungė District Municipality is not obligated to remove any items remaining inside the premises). A critical condition for participants: according to Article 6.422 of the Civil Code of the Republic of Lithuania, a successful bidder who fails to pay on time is barred from participating in new auctions for this property and must cover the costs of organizing the new auction, plus any price difference if the asset sells for less in the subsequent sale.
Property viewing is scheduled for September 24, 2025, from 8.00 to 15.00 (with a lunch break from 12.00-13.00). Advance registration is mandatory at least 1 business day before viewing. Aukcioną organizuoja Plungės rajono savivaldybės administracija, code 188714469. The winning bidder covers all costs associated with signing the purchase and sale agreement, including the notary's fee. Payments should be made to Luminor bank, AB sąskaitą Nr. LT824010043000402033.
The auction bidding opens on 2025-10-02 09:00:00 and closes on 2025-10-03 13:59:59. Registration to participate is open from 2025-09-26 00:00:00 until 2025-09-29 23:59:59. The purchase and sale agreement with the winning bidder will be executed within 25 calendar days of the auction date, and the full price must be paid before signing the contract.
The property is sold "as is." Plungės rajono savivaldybė neįsipareigoja iškraustyti patalpose esančių daiktų (the Plungė District Municipality is not obligated to remove any items remaining inside the premises). A critical condition for participants: according to Article 6.422 of the Civil Code of the Republic of Lithuania, a successful bidder who fails to pay on time is barred from participating in new auctions for this property and must cover the costs of organizing the new auction, plus any price difference if the asset sells for less in the subsequent sale.
Property viewing is scheduled for September 24, 2025, from 8.00 to 15.00 (with a lunch break from 12.00-13.00). Advance registration is mandatory at least 1 business day before viewing. Aukcioną organizuoja Plungės rajono savivaldybės administracija, code 188714469. The winning bidder covers all costs associated with signing the purchase and sale agreement, including the notary's fee. Payments should be made to Luminor bank, AB sąskaitą Nr. LT824010043000402033.
❓ Frequently asked questions
What is the starting price for the water tower and when is the auction held?
The starting price for the water tower is 52433 EUR. The auction will run from 2025-10-02 09:00:00 until 2025-10-03 13:59:59.
When can I register for the auction and what fees apply?
Registration starts on 2025-09-26 00:00:00 and ends on 2025-09-29 23:59:59. Additionally, a 5243 EUR security deposit and a 50 EUR registration fee apply.
Where is the water tower for sale and what are its main characteristics?
The object, unique no. 6899-6005-9019, is located in Plungė at Salantų g. 5B. It is a 47 m high structure, built in 1950, with 100% completion and 70% physical wear.
When can I inspect the water tank being sold?
Inspection will take place on September 24, 2025, from 8.00 to 15.00 (break from 12.00-13.00). Registration is required one business day in advance.
What are the settlement conditions for the winner?
The purchase and sale agreement must be concluded within 25 calendar days, and the full amount must be paid before signing. The winner also pays the notary fee.
Who is the auction organizer and where should funds be paid?
The organizer is Aukcioną organizuoja Plungės rajono savivaldybės administracija (code 188714469). The deposit and price should be paid to Luminor bank, AB sąskaitą Nr. LT824010043000402033.