📝 Description
We are offering for sale a 3/4 share of a residential house located at Liepkalnio g. 28, Vilnius. This property is being sold in its current physical and functional condition. The seller does not guarantee the accuracy of the current cadastral data or the removal of any items present inside the premises. There are currently no co-owner agreements regarding joint use. The property is identified by the unique number 1094-0194-5012. The starting auction price is 135000 EUR, with a required guarantee deposit of 13500 EUR and a 100 EUR registration fee. Registration for the electronic auction runs from 2025-10-27 00:00 to 2025-10-28 23:59, and the auction itself takes place from 2025-10-31 09:00 to 2025-11-03 13:59:59.
Contract Procedure: A preliminary purchase and sale agreement is signed immediately with the auction winner. A notarized final purchase and sale agreement will only be executed if those holding pre-emptive rights (co-owners) do not exercise their legal right to acquire the property after the auction concludes. If the pre-emptive right is exercised, the preliminary agreement becomes void, and the auction winner is reimbursed for necessary expenses incurred (registration fee, guarantee deposit, notary fees).
Payment: Final settlement must be completed before the execution of the notarized sale agreement or within 30 days from its signing; otherwise, a notarized deed of acceptance and transfer of the property is drawn up. All costs associated with signing the contracts, including notary fees, are covered by the auction winner. The final sale agreement will be concluded at the notary office specified by the seller.
Contract Procedure: A preliminary purchase and sale agreement is signed immediately with the auction winner. A notarized final purchase and sale agreement will only be executed if those holding pre-emptive rights (co-owners) do not exercise their legal right to acquire the property after the auction concludes. If the pre-emptive right is exercised, the preliminary agreement becomes void, and the auction winner is reimbursed for necessary expenses incurred (registration fee, guarantee deposit, notary fees).
Payment: Final settlement must be completed before the execution of the notarized sale agreement or within 30 days from its signing; otherwise, a notarized deed of acceptance and transfer of the property is drawn up. All costs associated with signing the contracts, including notary fees, are covered by the auction winner. The final sale agreement will be concluded at the notary office specified by the seller.
📍 Location
📍 Vilniaus m. sav. Vilniaus m. Liepkalnio g. 28A
❓ Frequently asked questions
What is the starting price for this property and the required guarantee deposit?
The starting price is 135000 EUR. The guarantee deposit is 13500 EUR, and the registration fee is 100 EUR.
When are registration and the auction taking place?
Registration runs from 2025-10-27 00:00 to 2025-10-28 23:59. The electronic auction starts at 2025-10-31 09:00 and ends on 2025-11-03 13:59:59.
What fraction of the property is being sold and what is its unique identification number?
A 3/4 share of the house is for sale. The unique number (cadastral/unique Nr.) is 1094-0194-5012.
Is the seller obligated to vacate items or guarantee cadastral data conformity?
The seller is not obligated to establish the current state of cadastral data nor remove items located inside the premises. The property is sold in its existing physical and functional condition.
How is the contract concluded and who pays the notary costs?
A preliminary purchase and sale agreement is first signed with the auction winner. The notarized purchase and sale agreement will only be drawn up if co-owners do not exercise their right of first refusal after the auction ends. The auction winner covers all costs for signing the agreements, including the notary fee.
How can I arrange a viewing of the property?
Viewings are organized before registration begins, by individually agreeing on a time in advance with the auction organizer. Participants must register and confirm their viewing appointment during the specified registration period.
What does the right of first refusal mean in this case?
Co-owners have the right of first refusal to purchase the property. If holders of the right of first refusal exercise their rights in the manner prescribed by law after the auction ends, the preliminary agreement with the auction winner will be considered void, and necessary costs will be refunded to the winner.