📝 Description
A 4/5 share of a residential house located at Subačiaus g. 109, Vilnius, is being sold via an electronic auction starting at 245000 EUR. This repeat auction presents a solid investment opportunity in the property market. The unique property identification number is 1094-0368-6017.
The auction runs from 2025-10-10 09:00:00 until 2025-10-13 13:59:59. Registration is open from 2025-10-06 00:00:00 and closes on 2025-10-07 23:59:59. Participants must pay a 24500 EUR deposit and a 100 EUR registration fee before registering.
The property is sold in its current physical and functional condition. The seller is not responsible for removing items present in the building or verifying the current cadastral data status. Note that no co-owner agreements regarding the procedure for managing shared partial ownership are currently in place.
Important conditions apply: A preliminary purchase agreement will be signed with the auction winner. The final notarized contract will only be executed after co-owners with pre-emption rights decline to purchase the property at the winning bid price within the statutory period. If the winner is one of the co-owners, a direct notarized contract is executed. The auction winner covers all costs associated with contract execution, including notary fees.
The final purchase agreement must be concluded within 30 calendar days from the auction's end, and final payment must be made within the same timeframe or before the contract signing. Failure to pay the full price on time results in contract termination and forfeiture of the deposit.
Property viewings are arranged individually based on prior arrangement before registration opens. A representative mandate and a Conflict of Interest Declaration are required for auction participation, as certain individuals and related parties are prohibited from registering or participating.
The auction runs from 2025-10-10 09:00:00 until 2025-10-13 13:59:59. Registration is open from 2025-10-06 00:00:00 and closes on 2025-10-07 23:59:59. Participants must pay a 24500 EUR deposit and a 100 EUR registration fee before registering.
The property is sold in its current physical and functional condition. The seller is not responsible for removing items present in the building or verifying the current cadastral data status. Note that no co-owner agreements regarding the procedure for managing shared partial ownership are currently in place.
Important conditions apply: A preliminary purchase agreement will be signed with the auction winner. The final notarized contract will only be executed after co-owners with pre-emption rights decline to purchase the property at the winning bid price within the statutory period. If the winner is one of the co-owners, a direct notarized contract is executed. The auction winner covers all costs associated with contract execution, including notary fees.
The final purchase agreement must be concluded within 30 calendar days from the auction's end, and final payment must be made within the same timeframe or before the contract signing. Failure to pay the full price on time results in contract termination and forfeiture of the deposit.
Property viewings are arranged individually based on prior arrangement before registration opens. A representative mandate and a Conflict of Interest Declaration are required for auction participation, as certain individuals and related parties are prohibited from registering or participating.
📍 Location
📍 Vilniaus m. sav. Vilniaus m. Subačiaus g. 109
❓ Frequently asked questions
Which part of the house is being sold and what is the starting price at the auction?
A 4/5 share of the real estate at Subačiaus g. 109, Vilnius, is for sale. The starting price is 245000 EUR.
When is the property auction held and when does registration close?
The auction starts at 2025-10-10 09:00:00 and ends at 2025-10-13 13:59:59. Registration for the auction closes on 2025-10-07 23:59:59.
What additional fees are required to register for the auction?
A 24500 EUR deposit and a 100 EUR registration fee are required, paid in a single transfer before registration.
What conditions apply to the pre-emption right to purchase the property?
A preliminary agreement is signed with the winner; the final notarized contract is executed only after co-owners, exercising their pre-emption right, do not acquire the property at the auction winner's price.
When will the purchase agreement be concluded with the winner?
The purchase agreement is concluded within 30 calendar days from the auction end and receipt of necessary decisions, with final settlement due within the same period or before contract signing.
Does the seller remove items and guarantee the property condition?
The seller is not obligated to remove existing items or guarantee the current condition of the real estate cadastral data.