📝 Description
A 1/1 share of an apartment is for sale in Plungė District Municipality, Žlibinai village, at Žarėnų Street 63-6, with a starting price of just 195 EUR. The total area of the apartment is 31.37 sqm. The sale also includes a share of common areas: 10.97 sqm (a-1) and 51.64 sqm (a-2), totaling 19.95 sqm. Additionally, a 1/6 share of yard structures, such as a well and outdoor toilets located at Žarėnų g. 63 (Unique No. 6893-3005-4140), is being sold.
The property is being sold based on its current physical and functional condition, according to Cadastre data. Note that part of the common area a-2 is connected to unit 6-1, but these changes are not yet officially registered in the Cadastre. Valstybės įmonė Turto bankas neįsipareigoja atlikti jokių kadastro duomenų atnaujinimo darbų ar concerning any cadastral data updates or removal of existing items belonging to others.
It is important to know that co-owners have not agreed on procedures for using the shared fractional property. There are no utilities (electricity, water, sewage). Key condition: the residential building containing the apartment is on state land for which no plot has been officially defined. Rights to this land plot are not transferred upon purchase.
Buyer's added responsibility: the engineering structure—the outdoor toilet (Unique No. 6893-3005-4140)—does not comply with legal requirements. The potential buyer must assess all associated legal and economic risks related to acquiring, installing, or demolishing a structure in this condition.
The property is being sold based on its current physical and functional condition, according to Cadastre data. Note that part of the common area a-2 is connected to unit 6-1, but these changes are not yet officially registered in the Cadastre. Valstybės įmonė Turto bankas neįsipareigoja atlikti jokių kadastro duomenų atnaujinimo darbų ar concerning any cadastral data updates or removal of existing items belonging to others.
It is important to know that co-owners have not agreed on procedures for using the shared fractional property. There are no utilities (electricity, water, sewage). Key condition: the residential building containing the apartment is on state land for which no plot has been officially defined. Rights to this land plot are not transferred upon purchase.
Buyer's added responsibility: the engineering structure—the outdoor toilet (Unique No. 6893-3005-4140)—does not comply with legal requirements. The potential buyer must assess all associated legal and economic risks related to acquiring, installing, or demolishing a structure in this condition.
❓ Frequently asked questions
What is the starting price and when is the auction?
The starting price for the apartment is 195 EUR. The auction runs from 2026-01-14 09:00:00 until 2026-01-15 13:59:59.
What additional fees must be paid during the auction?
A participation deposit of 19 EUR and a registration fee of 1 EUR must be paid.
What is the total area of the apartment being sold?
The total area of the apartment being sold is 31.37 sqm. This includes a share of common areas (19.95 sqm).
Does the property for sale include a surveyed land plot?
No, the apartment is in a residential building situated on state land for which a land plot is not registered, and the rights to this plot are not transferred to the buyer.
When must registration for auction participation be submitted?
Registration for the auction is open from 2026-01-07 00:00:00 until 2026-01-09 23:59:59.
Does the seller guarantee the usability of the structure?
No, the seller (VĮ Turto bankas neatsako už parduodamo turto trūkumus), including the fact that the outdoor toilet does not meet legal requirements. The buyer assumes all risks.
Where can the draft purchase and sale agreement be viewed?
Draft purchase and sale agreements are published in the links provided in the auction announcement.