📝 Description
A 3/4 share of a residential property located at Liepkalnio g. 28A in Vilnius is being offered at a public auction with a starting price of 135000 EUR. The auction window runs from 2025-10-10 09:00:00 until 2025-10-13 13:59:59. Registration for participation is open from 2025-10-06 00:00:00 to 2025-10-07 23:59:59.
The property is sold strictly in its current physical and functional condition. The seller makes no commitment to conduct cadastral surveys or remove any items currently inside the property. Notably, the co-owners have not established any agreements regarding the management of the jointly held partial ownership.
To register, a mandatory security deposit of 13500 EUR and a non-refundable 100 EUR registration fee must be paid beforehand. A preliminary purchase and sale agreement will be signed with the auction winner. The notarized final contract will only be executed if the co-owners, who possess priority right of first refusal, do not exercise their rights under the established terms within the specified period. If the high bidder is already a co-owner, the contract will be finalized directly.
The purchase agreement must be concluded within 30 calendar days of the auction's close and receipt of seller decisions, with the final payment due within 30 days after the agreement signing. The property belongs to UAB "Vilniaus vystymo kompanija" (company code 120750163). Participation restrictions apply to employees of the Company, Savivaldybė employees, and their closely related persons, including the requirement to sign a Conflict of Interest Declaration. Bidding procedures follow the rules of UAB "Vilniaus vystymo kompanija".
The property is sold strictly in its current physical and functional condition. The seller makes no commitment to conduct cadastral surveys or remove any items currently inside the property. Notably, the co-owners have not established any agreements regarding the management of the jointly held partial ownership.
To register, a mandatory security deposit of 13500 EUR and a non-refundable 100 EUR registration fee must be paid beforehand. A preliminary purchase and sale agreement will be signed with the auction winner. The notarized final contract will only be executed if the co-owners, who possess priority right of first refusal, do not exercise their rights under the established terms within the specified period. If the high bidder is already a co-owner, the contract will be finalized directly.
The purchase agreement must be concluded within 30 calendar days of the auction's close and receipt of seller decisions, with the final payment due within 30 days after the agreement signing. The property belongs to UAB "Vilniaus vystymo kompanija" (company code 120750163). Participation restrictions apply to employees of the Company, Savivaldybė employees, and their closely related persons, including the requirement to sign a Conflict of Interest Declaration. Bidding procedures follow the rules of UAB "Vilniaus vystymo kompanija".
📍 Location
📍 Vilniaus m. sav. Vilniaus m. Liepkalnio g. 28A
❓ Frequently asked questions
What is the starting price for the residential building share in Vilnius, Liepkalnio g. 28A?
The initial sale price is 135000 EUR.
When does the real estate auction close?
The auction concludes at 2025-10-13 13:59:59.
When is registration for the auction open?
Registration runs from 2025-10-06 00:00:00 until 2025-10-07 23:59:59.
What are the required fees for auction participation?
A security deposit of 13500 EUR and a 100 EUR registration fee are required prior to registration.
Is the entire house or just a share being sold?
A 3/4 (three-quarters) share of the real estate is being sold.
What are the restrictions regarding the co-owners' priority right?
A preliminary agreement will be signed, and the notarized contract will only proceed if priority right holders do not exercise their right under the terms offered by the auction winner.
How can I arrange a viewing of the property?
Viewings are organized individually by appointment before the auction registration period begins.