📝 Description
A 1/1 share of a property is up for public auction: a Gas Boiler House located at Vandžiogalos Ave. 12A in Kaunas city. The total area of this auxiliary building is 28.26 sqm. Built in 1998, it is 100% complete and is sold together with the land plot owned by the Republic of Lithuania upon which the boiler house stands. There is a valid state land lease agreement effective until 2048-02-24.
The starting price for the building is 10 700,00 Eur (price excludes VAT, VAT will not be applied). Participants must pay a non-refundable registration fee of 100,00 Eur and a security deposit of 535,00 Eur. The minimum bid increment during the auction is 107,00 Eur.
A key condition for buyers: The buyer is obliged to dismantle all main equipment (boilers, piping, control cabinets, pumps, tanks, etc.) at their own expense within 6 weeks of signing the notarized purchase and sale agreement. The building currently lacks installed or functional heating, water supply, or sewage systems.
The auction starts on 2025-10-21 09:00:00 and concludes on 2025-10-22 13:59:59. Registration for participants runs from 2025-10-02 until 2025-10-15. The contract with the winner will be executed within 7 business days of notification, and the final balance difference must be paid within 14 calendar days. The auction winner covers all costs related to notarization.
The starting price for the building is 10 700,00 Eur (price excludes VAT, VAT will not be applied). Participants must pay a non-refundable registration fee of 100,00 Eur and a security deposit of 535,00 Eur. The minimum bid increment during the auction is 107,00 Eur.
A key condition for buyers: The buyer is obliged to dismantle all main equipment (boilers, piping, control cabinets, pumps, tanks, etc.) at their own expense within 6 weeks of signing the notarized purchase and sale agreement. The building currently lacks installed or functional heating, water supply, or sewage systems.
The auction starts on 2025-10-21 09:00:00 and concludes on 2025-10-22 13:59:59. Registration for participants runs from 2025-10-02 until 2025-10-15. The contract with the winner will be executed within 7 business days of notification, and the final balance difference must be paid within 14 calendar days. The auction winner covers all costs related to notarization.
📍 Location
📍 Kauno m. sav. Kauno m. Vandžiogalos pl. 12A
❓ Frequently asked questions
What is the starting sale price for the gas boiler house at auction?
The starting price for the gas boiler house is 10 700,00 Eur excluding VAT. VAT will not be applied.
When does the auction for the boiler house in Kaunas take place?
The auction starts on 2025-10-21 09:00:00 and ends on 2025-10-22 13:59:59.
What are the requirements for the buyer regarding the dismantling of existing equipment?
The future owner must dismantle the main equipment (boilers, piping, etc.) at their own expense within 6 weeks from the date of signing the notarized purchase and sale agreement.
What are the registration and security deposit fees for participating in the auction?
The participant registration fee is 100,00 Eur (non-refundable), and the security deposit is 535,00 Eur.
Does the building have water supply, sewage, or heating?
According to the auction data, the building does not have installed heating, water supply, or sewage.
How long is the land lease agreement valid for the plot where the building is located?
The state land lease agreement is valid until 2048-02-24.
What is the minimum bid increment during the auction?
The minimum bid increment is 107,00 Eur.