📝 Description
A residential unit (apartment/premises) located in the town of Akademija, Jaunimo g. 4-518, Kaunas District, is up for auction. The total area is 13.67 sqm. Map reference: 5298-7028-0012, 1N6p. Intended purpose: Various social groups. The entire share (1/1) is for sale. Unique (cadastral) number: 4400-1339-9492:7701. The starting price is 14 800 EUR. A guarantee deposit of 1 000 EUR and a registration fee of 50 EUR are required. The auction runs from 2025-12-11 09:00:00 until 2025-12-12 13:59:59. Registration for the auction is open from 2025-12-01 00:00:00 to 2025-12-04 23:59:59. Property viewing is scheduled for 2025-11-26, requiring prior registration with the organizer. Included with the unit are several common use areas (a-129: 0.91 m²; a-130: 0.53 m²; a-131: 2.01 m²; a-132: 0.86 m², share 182/1000; a-161: 1.54 m², share 182/1000; a-162: 0.76 m², share 184/1000; a-163: 1.44 m², share 183/1000).
The property owner and organizer is Vytauto Didžiojo universitetas (Company Code: 111950396).
Sale terms require the purchase agreement to be signed within 45 calendar days of the auction date. The bidder must notify the organizer of payment intentions within 10 business days after the auction closes. The full property price must be paid no later than 30 calendar days after the contract is signed. If financing via credit is used, a guarantee letter or credit agreement from a credit institution registered in the Republic of Lithuania must be provided at least 5 business days before the scheduled signing. The auction winner is responsible for all costs associated with the contract execution, acceptance act, and mortgage registration/deregistration, as well as notary fees. Obligations for a defaulting buyer are defined in the attached documents for this property. Draft agreements and supplementary documents are available on the organizer's website: www.vdu.lt/aukcionai-NT.
The property owner and organizer is Vytauto Didžiojo universitetas (Company Code: 111950396).
Sale terms require the purchase agreement to be signed within 45 calendar days of the auction date. The bidder must notify the organizer of payment intentions within 10 business days after the auction closes. The full property price must be paid no later than 30 calendar days after the contract is signed. If financing via credit is used, a guarantee letter or credit agreement from a credit institution registered in the Republic of Lithuania must be provided at least 5 business days before the scheduled signing. The auction winner is responsible for all costs associated with the contract execution, acceptance act, and mortgage registration/deregistration, as well as notary fees. Obligations for a defaulting buyer are defined in the attached documents for this property. Draft agreements and supplementary documents are available on the organizer's website: www.vdu.lt/aukcionai-NT.
📍 Location
📍 Kauno r. sav. Akademijos mstl. Jaunimo g. 4-518
❓ Frequently asked questions
What is the starting price and guarantee fee?
The starting price is 14 800 EUR. The guarantee deposit is 1 000 EUR. The registration fee is 50 EUR.
Where is the property located and what is its size?
The unit is located at Jaunimo g. 4-518, Akademijos mstl., Kaunas District. Total area is 13.67 m². Map reference: 5298-7028-0012, 1N6p. Unique ID: 4400-1339-9492:7701.
When is the auction and registration taking place?
The auction starts on 2025-12-11 09:00:00 and ends on 2025-12-12 13:59:59. Registration runs from 2025-12-01 00:00:00 until 2025-12-04 23:59:59.
Is prior registration required for property viewing?
Yes. Property viewing is held on 2025-11-26. Prior registration with the organizers (Vytauto Didžiojo universitetas) – Property Management Department is mandatory. Personal contact details have been removed from the document.
What are the payment and contract signing conditions?
The purchase agreement must be signed within 45 calendar days of the sale date. The full price must be paid within 30 calendar days after signing the agreement. If credit funds are used, the buyer must provide a guarantee letter and/or credit agreement from a Lithuanian credit institution at least 5 business days before the scheduled signing. The auction winner pays for the contract drafting, transfer-acceptance act, and mortgage registration/deregistration costs, plus notary fees.
Who is the auction organizer and owner?
The organizer and owner is Vytauto Didžiojo universitetas (Company Code: 111950396). Organizer's address: K. Donelaičio g. 58, LT-44248 Kaunas.
Does the unit have common use spaces?
Yes. Several common areas (a-129, a-130, a-131, a-132, a-161, a-162, a-163) with specified areas and fractions are assigned to unit 518-1; details are provided in the property description.