📝 Description
For sale is a business building at Užupio g. 9 in Vilnius, with a total area of 205.18 sqm. The property is part of a unique location in Vilnius' old town and is listed in the Republic of Lithuania's register of immovable cultural heritage (unique object code 16073).
The property is sold as-is in its current physical and functional condition. A key detail: the business building was damaged by fire, with a compromised roof. Additionally, it is noted that the residential house is under construction (85% completion). The land plot adjacent to the building is state-owned and not yet formalized; therefore, rights to the land are not transferable.
The property is currently occupied by third parties, and the seller – VĮ Turto bankas – does not commit to relocating these individuals before transferring ownership at the auction. It should also be noted that an access point into rooms belonging to third parties has been installed in a second-floor room of the business building (planning index 2-11), for which usage agreements have not been concluded. Inspections are limited and can only be arranged individually in advance before registration begins.
The initial sale price is 199260,00 EUR, comprising 164677,69 Eur without VAT and 34582,31 Eur VAT. When participating in the auction, a deposit of 19926 EUR and a registration fee of 100 EUR must be paid.
Furthermore, the cultural heritage status means that all construction, reconstruction, or renovation works will be strictly regulated by the laws of the Republic of Lithuania on construction and protection of immovable cultural heritage.
The property is sold as-is in its current physical and functional condition. A key detail: the business building was damaged by fire, with a compromised roof. Additionally, it is noted that the residential house is under construction (85% completion). The land plot adjacent to the building is state-owned and not yet formalized; therefore, rights to the land are not transferable.
The property is currently occupied by third parties, and the seller – VĮ Turto bankas – does not commit to relocating these individuals before transferring ownership at the auction. It should also be noted that an access point into rooms belonging to third parties has been installed in a second-floor room of the business building (planning index 2-11), for which usage agreements have not been concluded. Inspections are limited and can only be arranged individually in advance before registration begins.
The initial sale price is 199260,00 EUR, comprising 164677,69 Eur without VAT and 34582,31 Eur VAT. When participating in the auction, a deposit of 19926 EUR and a registration fee of 100 EUR must be paid.
Furthermore, the cultural heritage status means that all construction, reconstruction, or renovation works will be strictly regulated by the laws of the Republic of Lithuania on construction and protection of immovable cultural heritage.
❓ Frequently asked questions
What is the starting price for the business building at Užupio g. 9, Vilnius and when will the auction take place?
The starting price is 199260 EUR, which includes the VAT portion. The auction runs from 2026-01-12 09:00:00 to 2026-01-13 13:59:59.
What are the minimum fees required to participate in the auction?
A deposit of 19926 EUR and a registration fee of 100 EUR must be paid. The total amount is 20026 EUR.
What is the property's condition and will the seller relocate existing tenants?
The business building is post-fire, with a damaged roof and incomplete construction (85% completion). The seller VĮ Turto bankas does not commit to relocating third parties who are currently using the rooms.
Are rights to the land plot adjacent to the business building transferable?
No, the business building is on state-owned land, which has not been formalized, so rights to the land plot are not transferable to the auction winner.
What restrictions apply when managing this immovable property?
The building is in Vilnius' old town and archaeological areas, listed in the register of immovable cultural heritage, so construction and renovation works are strictly regulated by cultural heritage protection laws.
What is the unique registry number for the object and total area?
The unique asset number is 4400-0682-6082, and the total building area is 205.18 sqm.