📝 Description
A state-owned land plot located in Rietavo m., Pievų g. 19B, Rietavo savivaldybė. The starting auction price is 6 180 EUR. This property is being sold through primary auctions for land plots, with 1/1 share available. Key identifiers are Cadastral No. 6857/0005:138 and Unique No. 4400-6609-8839. A guarantee deposit of 309 EUR and a registration fee of 50 EUR are required. Participants must register on the designated auction website and pay these fees beforehand.
Payment options include immediate settlement or installments. If opting for installments, a minimum of 20% is due before signing the purchase agreement, with the remaining balance split over a term specified in the contract, not exceeding 10 years. An annual interest rate of 5% applies to the unpaid balance. Annual payments must be made no later than January 15th of the following year. A penalty interest of 0.05% per day applies to any overdue amount. Further terms and restrictions are detailed in the draft state land purchase and sale agreement (Appendix to the NŽT Director's Order No. 1P-1067-(1.1 E.) dated 2025-10-07).
Payment options include immediate settlement or installments. If opting for installments, a minimum of 20% is due before signing the purchase agreement, with the remaining balance split over a term specified in the contract, not exceeding 10 years. An annual interest rate of 5% applies to the unpaid balance. Annual payments must be made no later than January 15th of the following year. A penalty interest of 0.05% per day applies to any overdue amount. Further terms and restrictions are detailed in the draft state land purchase and sale agreement (Appendix to the NŽT Director's Order No. 1P-1067-(1.1 E.) dated 2025-10-07).
❓ Frequently asked questions
What is the starting price of the land plot and where is it located?
The starting price is 6 180 EUR. The plot is located at Pievų g. 19B, Rietavo m., Rietavo savivaldybė.
When are the auction and registration taking place?
The auction starts on 2025-11-17 09:00 and ends on 2025-11-18 13:59:59. Registration is open from 2025-11-03 until 2025-11-07 23:59:59.
What fees are required for auction registration?
A registration fee of 50 EUR and a guarantee deposit of 309 EUR are required. Participants must register on the special auction website and pay these fees prior to registration.
What are the state settlement terms after winning?
Payment can be made immediately or in installments. Immediate payment requires the full price settled before signing the purchase agreement. For installments: a minimum of 20% is due before signing, the remainder paid in equal parts over the selected term, up to 10 years; 5% annual interest applies to the unpaid amount; annual payments are due no later than January 15th of the next year; penalty interest is 0.05% for each overdue day.
What are the cadastral and unique numbers of the plot?
Cadastral number is 6857/0005:138, Unique No. 4400-6609-8839.
Can the plot be inspected before the auction?
Yes, the plot can be inspected anytime before the auction starts. An official from the Architecture Department of the Rietavo savivaldybė administration can participate in the inspection (personal contacts removed).
Where can I find the draft contract and additional conditions?
Other conditions for purchasing state land are provided in the attached draft state land purchase and sale agreement (Appendix to the NŽT Director's Order No. 1P-1067-(1.1 E.) dated 2025-10-07).