📝 Description
A building designated as a water metering station is for sale. The total area is 35.90 sq. m. Plan marking: 1H1p. Its designated purpose is other auxiliary buildings. The entire share (1/1) is being sold. Unique cadastral number: 4400-0417-2216. The starting price is 1 450 EUR. The auction runs from 2025-12-11 09:00:00 to 2025-12-12 13:59:59. Registration to participate in the auction is open from 2025-12-01 00:00:00 until 2025-12-04 23:59:59. The guarantee fee is 100 EUR, and the registration fee is 50 EUR.
The purchase and sale agreement must be signed within 45 calendar days of the sale date. The auction winner must notify the organizer by email no later than 10 working days after the auction ends regarding their preferred payment terms (payment must occur before notary confirmation, within 30 days after the agreement is certified by a notary, or using borrowed funds). The full property price must be paid within 30 calendar days after signing the agreement. If financing from a credit institution is used, the winner must provide a letter of guarantee and/or a credit agreement from the institution at least 5 working days before the agreement signing.
The auction winner pays all costs associated with drawing up the contract, the handover-acceptance certificate, mortgage registration/cancellation, and notary fees. A defaulting buyer who fails to make payments or refuses to sign the agreement without fault of the organizer must cover the costs of organizing a new auction and the price difference as defined by the Civil Code of the Republic of Lithuania. Property viewing is scheduled for 2025-11-19, requiring advance registration via the auction organizer. Preliminary drafts of the purchase agreements are posted on the organizer's website: www.vdu.lt/aukcionai-NT. The organizer, Vytauto Didžiojo universitetas, provides further information.
The purchase and sale agreement must be signed within 45 calendar days of the sale date. The auction winner must notify the organizer by email no later than 10 working days after the auction ends regarding their preferred payment terms (payment must occur before notary confirmation, within 30 days after the agreement is certified by a notary, or using borrowed funds). The full property price must be paid within 30 calendar days after signing the agreement. If financing from a credit institution is used, the winner must provide a letter of guarantee and/or a credit agreement from the institution at least 5 working days before the agreement signing.
The auction winner pays all costs associated with drawing up the contract, the handover-acceptance certificate, mortgage registration/cancellation, and notary fees. A defaulting buyer who fails to make payments or refuses to sign the agreement without fault of the organizer must cover the costs of organizing a new auction and the price difference as defined by the Civil Code of the Republic of Lithuania. Property viewing is scheduled for 2025-11-19, requiring advance registration via the auction organizer. Preliminary drafts of the purchase agreements are posted on the organizer's website: www.vdu.lt/aukcionai-NT. The organizer, Vytauto Didžiojo universitetas, provides further information.
❓ Frequently asked questions
What is the starting price and what fees apply?
The starting price is 1 450 EUR. The guarantee fee is 100 EUR. The registration fee is 50 EUR.
Where is the property located and what is its purpose?
Address: Šilalės r. sav., Gedeikių k., namo nr. 4. The property is a water metering station, designated as other auxiliary buildings, with a total area of 35.90 sq. m, plan marking 1H1p.
When is the auction taking place and when is registration open?
The auction starts on 2025-12-11 09:00:00 and ends on 2025-12-12 13:59:59. Registration to participate in the auction runs from 2025-12-01 00:00:00 to 2025-12-04 23:59:59.
When can the property be viewed and is registration required for viewing?
Property viewing is organized on 2025-11-19. Advance registration through the auction organizer is mandatory for viewings.
Within what timeframe must the purchase agreement be signed and the price paid?
The purchase and sale agreement must be signed within 45 calendar days from the sale execution date. The full real estate price must be paid no later than 30 calendar days after signing the agreement.
What should I do if I plan to use credit institution financing?
If payment will be by borrowed funds, the winner must provide the credit institution's letter of guarantee and/or credit agreement to the organizer no later than 5 working days before signing the agreement.
Where can I find draft agreements and additional information?
Preliminary drafts of the purchase agreements are posted on the organizer's page: www.vdu.lt/aukcionai-NT. More information is provided by the auction organizer, Vytauto Didžiojo universitetas.