📝 Description
A state-owned land plot is being sold in Kupiškis city, located at Ąžuolų g. 1A. This is a 1/1 share of the plot sold via a public resale auction. The initial price for the plot is set at 5730 EUR.
Key legal details include Cadastral Number 5720/0004:285 and Unique Number 4400-5795-9721. The plot belongs to the Republic of Lithuania.
Participants must pay a 50 EUR registration fee and a 28650 EUR deposit to participate. Registration is open from 2025-10-01 until 2025-10-07 23:59:59. The auction itself will run from 2025-10-13 09:00:00 to 2025-10-14 13:59:59.
Payment terms for the purchased state land plot allow for immediate settlement upon signing the purchase and sale agreement, or an installment plan option. If choosing installments, the buyer must fully pay the price within 15 years from the agreement date, starting payments in the second calendar year after signing. A minimum of 20 percent of the established land price must be paid before the contract is formalized.
The land plot can be inspected anytime before the auction begins to assess the object for sale in the Kupiškis district. The terms and conditions for the purchase and sale agreement are established in the annex of the order No. 1P-990-(1.1 E.) issued by the Director of the National Land Service under the Ministry of Environment on 2025-09-11.
Key legal details include Cadastral Number 5720/0004:285 and Unique Number 4400-5795-9721. The plot belongs to the Republic of Lithuania.
Participants must pay a 50 EUR registration fee and a 28650 EUR deposit to participate. Registration is open from 2025-10-01 until 2025-10-07 23:59:59. The auction itself will run from 2025-10-13 09:00:00 to 2025-10-14 13:59:59.
Payment terms for the purchased state land plot allow for immediate settlement upon signing the purchase and sale agreement, or an installment plan option. If choosing installments, the buyer must fully pay the price within 15 years from the agreement date, starting payments in the second calendar year after signing. A minimum of 20 percent of the established land price must be paid before the contract is formalized.
The land plot can be inspected anytime before the auction begins to assess the object for sale in the Kupiškis district. The terms and conditions for the purchase and sale agreement are established in the annex of the order No. 1P-990-(1.1 E.) issued by the Director of the National Land Service under the Ministry of Environment on 2025-09-11.
❓ Frequently asked questions
What is the starting price for the state land plot in Kupiškis city?
The starting price for the land plot at Ąžuolų g. 1A in Kupiškis city is 5730 EUR.
When is the public auction for the land plot in Kupiškis city taking place?
The auction begins on 2025-10-13 09:00:00 and concludes on 2025-10-14 13:59:59.
What fees are required to participate in the auction?
A 28650 EUR deposit and a 50 EUR registration fee are required.
What is the address and identifiers for the state land plot being sold?
Address: Kupiškio r. sav. Kupiškio m. Ąžuolų g. 1A. Cadastral No.: 5720/0004:285, Unique No.: 4400-5795-9721.
How long is registration for the auction open?
Registration for the auction is valid from 2025-10-01 00:00:00 until 2025-10-07 23:59:59.
What is the payment procedure for the land plot?
Payment can be made immediately upon signing the contract or through installments over a period of up to 15 years, provided that not less than 20% of the price is paid before the contract is signed.