📝 Description
A water supply facility is up for auction in Šilėnai village, Šiauliai District Municipality, located at Piliakalnio g. 22. This asset includes a pipeline measuring 46.74 m, connected to an artesian well (No. 26409). The structure, built in 1998, is marked as V on the plan. The entire 1/1 share is being sold. Unique ID: 4400-5992-7405. The starting bid is 746 EUR. There is a guarantee fee of 74 EUR and a registration fee of 30 EUR.
The auction type is a repeat sale under 'Other Structures'. The auction opens on 2025-11-17 at 09:00 and closes on 2025-11-18 13:59:59. Registration for participation takes place from 2025-11-10 00:00 until 2025-11-11 23:59:59.
Payment terms are specific: the guarantee deposit and registration fee must be paid before registering for the e-auction. Payments are directed to the organizer's account No. LT804010044200777651 (Luminor Bank) with clear indication for which property the payment is made. Bank service charges are the responsibility of the sender. The successful bidder must sign the auction protocol by the next business day after the auction ends and submit all required documents to the Asset Management Department. The sale-purchase agreement must be concluded within 30 calendar days from the auction date. The full property price must be paid within 10 days following the signing of the agreement. The registration fee is non-refundable and is not credited toward the price. The guarantee deposit counts as a partial payment. If the winner fails to pay within the specified deadlines, they are barred from participating in any subsequent auction for this property and must cover the costs of organizing the new auction, plus the difference in price. Notary fees and other costs associated with concluding the sale-purchase contract are paid by the auction winner. If the sale-purchase contract is not executed within 30 days due to the winner's fault, the guarantee deposit will not be refunded.
The auction type is a repeat sale under 'Other Structures'. The auction opens on 2025-11-17 at 09:00 and closes on 2025-11-18 13:59:59. Registration for participation takes place from 2025-11-10 00:00 until 2025-11-11 23:59:59.
Payment terms are specific: the guarantee deposit and registration fee must be paid before registering for the e-auction. Payments are directed to the organizer's account No. LT804010044200777651 (Luminor Bank) with clear indication for which property the payment is made. Bank service charges are the responsibility of the sender. The successful bidder must sign the auction protocol by the next business day after the auction ends and submit all required documents to the Asset Management Department. The sale-purchase agreement must be concluded within 30 calendar days from the auction date. The full property price must be paid within 10 days following the signing of the agreement. The registration fee is non-refundable and is not credited toward the price. The guarantee deposit counts as a partial payment. If the winner fails to pay within the specified deadlines, they are barred from participating in any subsequent auction for this property and must cover the costs of organizing the new auction, plus the difference in price. Notary fees and other costs associated with concluding the sale-purchase contract are paid by the auction winner. If the sale-purchase contract is not executed within 30 days due to the winner's fault, the guarantee deposit will not be refunded.
📍 Location
📍 Šiaulių r. sav. Šilėnų k. Piliakalnio g. 22
❓ Frequently asked questions
What is the starting price for this water utility?
The starting price is 746 EUR.
When is registration and the auction taking place?
Registration runs from 2025-11-10 00:00 to 2025-11-11 23:59:59. The auction starts on 2025-11-17 09:00 and ends on 2025-11-18 13:59:59.
What fees and deposits are required for registration and participation?
The guarantee fee is 74 EUR, and the registration fee is 30 EUR. Both payments must be made before registering for the electronic auction.
Where should I send the payment for the guarantee deposit and registration fee?
Payments must be made to the organizer's account No. LT804010044200777651 (Luminor Bank), clearly stating which property the payment is for. The payer is responsible for all bank service charges.
How can I arrange a viewing?
The viewing date and time must be agreed upon in advance with the employee responsible for property inspection; contacts are provided by the auction organizer (Asset Management Department).
What are the settlement and contract conclusion deadlines after the auction?
The auction winner must sign the auction protocol no later than the next business day after the auction ends and submit the necessary documents. The sale-purchase agreement must be concluded within 30 calendar days from the sale date. The full price must be paid within 10 days of signing the agreement.
What are the consequences if the winner fails to pay under the specified terms?
If the auction winner does not pay by the deadlines, they may be excluded from a new auction for the same property and must compensate for the organization costs of the new auction plus the price difference. The guarantee deposit is non-refundable if the sale-purchase agreement cannot be signed within 30 days due to the winner's fault.