📝 Description
A residential apartment (unit) is offered for public auction in Kaunas District, Akademija town, Jaunimo g. 4 (Apartment 4-101). The total area is approximately 32 sqm. Its designated purpose is residential (apartment). The floor plan marking is 5298-7028-0012, with internal mark 1N6p. The unit being sold is 1/1 share. Unique ID: 4400-1339-6468:7401. The initial sale price is 42 500 EUR. A security deposit of 3 000 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. The real estate purchase agreement with the winning bidder must be signed within 45 calendar days from the sale date. The full price must be paid no later than 30 calendar days after signing the agreement. If financing is used via a credit institution, the buyer must provide the institution's guarantee letter and/or loan agreement at least 5 business days before the planned contract signing. The buyer is responsible for all costs related to contract conclusion, transfer/acceptance acts, and registration/deregistration of the mortgage, including notary fees. A defaulting buyer who fails to pay or withdraws without fault of the organizer must cover the costs of a new auction, plus any price difference if the property sells for less in the subsequent auction.
📍 Location
📍 Kauno r. sav. Akademijos mstl. Jaunimo g. 4-101
❓ Frequently asked questions
What is the starting price and what fees are required for auction registration?
The starting price is 42 500 EUR. The security deposit is 3 000 EUR. The registration fee is 50 EUR.
When does the auction take place and when can one register?
The auction starts on 2025-12-11 09:00:00 and ends on 2025-12-12 13:59:59. Registration is open from 2025-12-01 00:00:00 until 2025-12-04 23:59:59.
When can the property be viewed and is registration required?
Property viewing is organized on 2025-11-26. Advance registration is mandatory to attend the viewing; registration is handled through the auction organizer (Asset Management Departments, Vytautas Magnus University).
What are the deadlines for signing the sales agreement and payment?
The agreement must be signed within 45 calendar days from the sale date. The full real estate price must be paid no later than 30 calendar days after signing the agreement. If using credit institution funds, the buyer must provide the institution's guarantee letter or credit agreement at least 5 business days prior to the planned signing date.
What documents or expenses must the auction winner cover?
The auction winner covers the costs for concluding the property agreement(s), the transfer/acceptance act, and the registration/deregistration of mortgage transactions, including notary fees.
What is the property address, area, and purpose?
Address: Kaunas District Municipality, Akademija town, Jaunimo g. 4-101. Total area is approximately 32 sqm. Purpose: Residential (apartment).