📝 Description
A non-residential administrative property is up for auction: unique ID 1097-8000-2017:0002. The total area is 1,153.85 sq. m, located at Vilnius, Algirdo g. 19-101. The purchase includes a share of 0.0687 ha of the total 0.1531 ha land plot (land ID 4400-1218-3772, address Algirdo g. 19, Vilnius).
Buyer incurs an obligation regarding basement common utilities which are not part of the sale: access must be guaranteed at all times to the building owners' association or related parties. Some units are currently used rent-free by third parties (indices: R-18 R-1; R-19; R-5; R-4; R-7; R-9; 1-4; 1-5; 1-30); no written encumbrances exist.
Direct supply contracts for electricity and drinking water are not in place. There is a 24-month service cost-sharing agreement with the owners' association for water, electricity, maintenance, and heating point operation (valid from 2024-07-11, subject to extension or early termination).
A road servitude (serving, 0.0064 ha, granting perpetual right of passage over 64 sq. m marked on the plan) burdens the land plot.
The property is located in protected cultural heritage zones (Vilnius Old Town (Code 16073) visual protection zone and Vilnius Historic Old Town/New Town area (Code 33653)). Any work is regulated by heritage protection and construction laws.
The premises are currently leased to a state institution. The auction winner must sign a lease agreement with the seller based on the approved draft contract within 5 business days of acquiring ownership.
Auction details: Starting bid is 1,282,200 EUR. The auction runs from 2025-11-10 09:00:00 to 2025-11-11 13:59:59. Registration deadline is 2025-11-05 23:59:59. Guarantee deposit: 128,220 EUR; Registration fee: 200 EUR. All payments and account details are managed by Valstybės įmonė Turto bankas.
Buyer incurs an obligation regarding basement common utilities which are not part of the sale: access must be guaranteed at all times to the building owners' association or related parties. Some units are currently used rent-free by third parties (indices: R-18 R-1; R-19; R-5; R-4; R-7; R-9; 1-4; 1-5; 1-30); no written encumbrances exist.
Direct supply contracts for electricity and drinking water are not in place. There is a 24-month service cost-sharing agreement with the owners' association for water, electricity, maintenance, and heating point operation (valid from 2024-07-11, subject to extension or early termination).
A road servitude (serving, 0.0064 ha, granting perpetual right of passage over 64 sq. m marked on the plan) burdens the land plot.
The property is located in protected cultural heritage zones (Vilnius Old Town (Code 16073) visual protection zone and Vilnius Historic Old Town/New Town area (Code 33653)). Any work is regulated by heritage protection and construction laws.
The premises are currently leased to a state institution. The auction winner must sign a lease agreement with the seller based on the approved draft contract within 5 business days of acquiring ownership.
Auction details: Starting bid is 1,282,200 EUR. The auction runs from 2025-11-10 09:00:00 to 2025-11-11 13:59:59. Registration deadline is 2025-11-05 23:59:59. Guarantee deposit: 128,220 EUR; Registration fee: 200 EUR. All payments and account details are managed by Valstybės įmonė Turto bankas.
📍 Location
📍 Vilniaus m. sav. Vilniaus m. Algirdo g. 19-101
❓ Frequently asked questions
What is the starting price and security deposit for the administrative premises at Algirdo g. 19-101?
The starting price is 1,282,200 EUR. The security deposit is 128,220 EUR; the registration fee is 200 EUR.
When does the auction take place and what is the registration deadline?
The auction starts on 2025-11-10 09:00:00 and ends on 2025-11-11 13:59:59. Registration is open from 2025-11-03 00:00:00 until 2025-11-05 23:59:59.
What are the sizes of the premises and the land share?
The total premise area is 1,153.85 sq. m. The premises belong to a 0.0687 ha share of the land plot, which totals 0.1531 ha (land unique number 4400-1218-3772).
Are there any restrictions on construction, reconstruction, or renovation?
Yes. The object is located in cultural heritage protection territories (Vilnius Old Town — Code 16073; Vilnius Historic Part, New Town area — Code 33653). Any works are regulated by relevant heritage protection and construction legislation.
Are there usage restrictions or servitudes related to the object?
Basement common utilities are not sold; the buyer must ensure access to them for the building owners' association or related parties. Furthermore, there is a road servitude (0.0064 ha, 64 sq. m) on the land plot, granting the right to use a specific portion of the plot at any time.
Does the property have a tenant and what are the conditions regarding the lease?
The object is currently leased to a state institution. The auction winner is obliged to sign a lease agreement for the sold object with the seller, based on the approved contract draft, no later than 5 business days after the transfer of ownership.
How can one arrange a viewing and where can contacts be found?
Viewings are organized before registration begins, upon prior arrangement of time with the Sales Department of VĮ Turto bankas. Official contacts and instructions are published on the VĮ Turto bankas website and in the auction announcement.