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Residential Building Part for Sale in Vilnius, Visorių g. 7, Starting Bid 56 711 EUR

📝 Description

★★★★★ ★★★★★ 3.0
A 54.01 sqm section of a residential building constructed in 1938 (total building area 317.72 sqm) is being sold, representing a 17/100 share of common ownership. The property is currently abandoned; some structural elements are worn out and have collapsed. It is sold "as is," and the seller is not responsible for removing any items left on the property. The buyer must arrange and bear the cost and risk of emptying and managing the property. Co-owners have a right of first refusal according to the auction terms. A notarized purchase agreement will only be executed if this right is not exercised in the manner prescribed by law.

📍 Location

📍 Vilniaus m. sav. Vilniaus m. Visorių g. 7

❓ Frequently asked questions

What is the starting price and what payments are required for registration?
Starting price: 56 711 EUR. Security deposit 5 600 EUR, registration fee 100 EUR. Both the security deposit and registration fee must be paid before registering for the electronic auction.
When does the auction start and when does registration close?
The auction starts on 2025-10-31 09:00:00 and ends on 2025-11-03 13:59:59. Registration runs from 2025-10-27 00:00:00 to 2025-10-28 23:59:59.
What is the scope and share of the property being sold?
54.01 sqm of the total 317.72 sqm is for sale, constituting a 17/100 share of common ownership.
What is the condition of the property and does the seller remove items?
The property is abandoned; parts of the structure are worn out and collapsed. The property is sold as is, and the seller is not obligated to remove items present on the property. The buyer must handle the removal at their own expense and risk.
Is there a right of first refusal for co-owners?
Yes. After the auction closes, co-owners have a right of first refusal based on the auction conditions; a notarized purchase agreement will only be concluded if this right is not exercised according to the established legal procedure.
How can one arrange a viewing of the object?
Viewings are organized in advance by arranging a time individually with the auction organizer. Please contact the organizer to schedule a visit (contacts are provided in the auction documents).
What are the terms for contract execution and payment after the auction?
The immovable property purchase-sale agreement with the auction winner will be signed within 30 calendar days from the auction end and receipt of necessary seller decisions. Final payment must be made before signing the contract or within 30 days of signing. If the winner fails to pay the price, the security deposit will not be refunded.

⏱ Auction time

Auction ended

Registration

Until: 2025-10-28 23:59:59

Auction

Until: 2025-11-03 13:59:59

🏠 Property details

📍 Address
Vilniaus m. sav. Vilniaus m. Visorių g. 7
Type
Pakartotinis kiti aukcionai
Subtype
Pastatai
Object ID: 402154
💰 Starting price
56711.00 €
Deposit
5600.00 €
Registration fee
100.00 €
Minimum increment
300.00 €
Confirmation
in 2 business days
Participate in auction
🔑 Keywords
house part Vilnius Visoriu g 7 sale residential building part auction abandoned house Vilnius investment 54 sqm part for sale Vilnius