📝 Description
A 24/100 share of a residential building located at Geležinė g. 7 in the Vilnius City Municipality is being offered via a repeated municipal auction. This property is a single-story wooden structure with unique ID 1093-5002-8014.
Important note regarding condition: The property is sold as-is, based on existing cadastral data, which might not reflect the current status. The building has suffered fire damage and is physically compromised, with only 32 percent of the structure remaining. The registered area in the Real Estate Register is 0.00 sq. m, which will be recorded in the sales contract. Before the fire, the total area corresponding to this share was 177.91 sq. m.
This property lies within the visual protection zone of the Vilnius Old Town (unique code 16073), a nationally protected immovable cultural value. All activities related to the use, maintenance, and construction (repair, reconstruction) of objects in this heritage zone are regulated by the Law on the Protection of Immovable Cultural Heritage of the Republic of Lithuania and related regulations.
The starting price for the auction is 36027 EUR. A deposit of 3602 EUR and a registration fee of 145 EUR are also required. The contract must be finalized with the winner within 30 days following the sale, and the full price must be paid within 10 days of signing the contract. Payments for registration must be completed before the electronic auction closes.
Registration for the auction runs from 2025-10-20 00:00:00 until 2025-10-22 23:59:59. The auction itself will take place from 2025-10-27 09:00:00 to 2025-10-28 13:59:59.
Property viewings are scheduled for 2025-10-08 15.00 and 2025-10-15 15.00. You must arrange the viewing time in advance with the responsible specialist.
Important note regarding condition: The property is sold as-is, based on existing cadastral data, which might not reflect the current status. The building has suffered fire damage and is physically compromised, with only 32 percent of the structure remaining. The registered area in the Real Estate Register is 0.00 sq. m, which will be recorded in the sales contract. Before the fire, the total area corresponding to this share was 177.91 sq. m.
This property lies within the visual protection zone of the Vilnius Old Town (unique code 16073), a nationally protected immovable cultural value. All activities related to the use, maintenance, and construction (repair, reconstruction) of objects in this heritage zone are regulated by the Law on the Protection of Immovable Cultural Heritage of the Republic of Lithuania and related regulations.
The starting price for the auction is 36027 EUR. A deposit of 3602 EUR and a registration fee of 145 EUR are also required. The contract must be finalized with the winner within 30 days following the sale, and the full price must be paid within 10 days of signing the contract. Payments for registration must be completed before the electronic auction closes.
Registration for the auction runs from 2025-10-20 00:00:00 until 2025-10-22 23:59:59. The auction itself will take place from 2025-10-27 09:00:00 to 2025-10-28 13:59:59.
Property viewings are scheduled for 2025-10-08 15.00 and 2025-10-15 15.00. You must arrange the viewing time in advance with the responsible specialist.
📍 Location
📍 Vilniaus m. sav. Vilniaus m. Geležinė g. 7
❓ Frequently asked questions
What is the starting price for the share being sold and what is the required deposit?
The starting price is 36027 EUR, and the required deposit to participate is 3602 EUR.
When will the real estate auction in Vilnius, Geležinė g. 7 take place?
The auction will run from 2025-10-27 09:00:00 until 2025-10-28 13:59:59.
What is the stated condition and area of the property in the property register?
The property is sold in its current condition. The building has fire damage and is physically compromised (only 32 percent remains). The registered area in the Real Estate Register is 0.00 sq. m for the residential house.
Are there any restrictions related to cultural heritage when managing this property?
Yes, the premises are in the visual protection zone of the Vilnius Old Town, which is declared a cultural monument. Therefore, maintenance work is regulated by the Law on the Protection of Immovable Cultural Heritage.
What are the registration deadlines for this auction?
Registration for the electronic auction starts on 2025-10-20 00:00:00 and closes on 2025-10-22 23:59:59.
When must the full amount be paid after winning the auction?
The entire price for the acquired 24/100 share must be paid no later than 10 days after signing the purchase and sale agreement.