📝 Description
A 1052/10000 share of a non-residential basement unit is for sale at Polocko g. 11, Vilnius. This portion covers 2.91 sqm of the total area (the entire building is 27.69 sqm). It is located on the basement floor of a two-story masonry building. The property's unique ID is 4400-1276-5358:2908.
The property is sold as-is. Importantly, the unit is situated within the territory of a protected immovable cultural heritage site—the Vilnius Old Town (Cultural Heritage Registry ID 16073), and also within the archaeological site of the Old Town and Suburbs of Vilnius (Cultural Heritage Registry ID 25504). Due to this status, all construction, renovation, or reconstruction work is strictly regulated by the Law on the Protection of Immovable Cultural Heritage of the Republic of Lithuania and related legislation.
The property is sold free of electricity debts. Savivaldybė neįsipareigoja užtikrinti nenutrūkstamo elektros tiekimo ar vidaus elektros tinklo tvarkingumo. The future buyer assumes all related costs and responsibilities concerning electricity supply and internal network repairs.
The starting auction price is 1572 EUR. The buyer must pay a 157 EUR deposit and a 70 EUR registration fee. All contracts with the winner must be signed within 30 days of the auction date, and the full price must be paid within 10 days following contract signing. Viewings are scheduled for 2026-01-07 8.00 val. and 2026-01-14 8.00 val., by prior arrangement. The auction runs from 2026-01-26 09:00:00 to 2026-01-27 13:59:59.
The property is sold as-is. Importantly, the unit is situated within the territory of a protected immovable cultural heritage site—the Vilnius Old Town (Cultural Heritage Registry ID 16073), and also within the archaeological site of the Old Town and Suburbs of Vilnius (Cultural Heritage Registry ID 25504). Due to this status, all construction, renovation, or reconstruction work is strictly regulated by the Law on the Protection of Immovable Cultural Heritage of the Republic of Lithuania and related legislation.
The property is sold free of electricity debts. Savivaldybė neįsipareigoja užtikrinti nenutrūkstamo elektros tiekimo ar vidaus elektros tinklo tvarkingumo. The future buyer assumes all related costs and responsibilities concerning electricity supply and internal network repairs.
The starting auction price is 1572 EUR. The buyer must pay a 157 EUR deposit and a 70 EUR registration fee. All contracts with the winner must be signed within 30 days of the auction date, and the full price must be paid within 10 days following contract signing. Viewings are scheduled for 2026-01-07 8.00 val. and 2026-01-14 8.00 val., by prior arrangement. The auction runs from 2026-01-26 09:00:00 to 2026-01-27 13:59:59.
📍 Location
📍 Vilniaus m. sav. Vilniaus m. Polocko g. 11
❓ Frequently asked questions
What is the starting price for the non-residential unit share at auction?
The starting price for the non-residential basement unit share (2.91 sqm) at auction is 1572 EUR.
When is the auction for the property at Polocko g. 11 scheduled?
The auction starts at 2026-01-26 09:00:00 and ends at 2026-01-27 13:59:59.
What is the unique or cadastral number of the share being sold?
The unique ID for the share being sold is 4400-1276-5358:2908.
What additional fees apply for participation in the auction?
The buyer must pay a 157 EUR deposit and a 70 EUR registration fee.
Are there any restrictions on using the real estate at Polocko g. 11?
Yes, the property is located within the Vilnius Old Town cultural heritage and archaeological zones, meaning all work is regulated by heritage protection laws.
When can the basement unit for sale be viewed?
Viewings are scheduled for 2026-01-07 8.00 val. and 2026-01-14 8.00 val., subject to prior arrangement.
When must the purchase and sale agreement be signed after winning the auction?
The purchase and sale agreement must be concluded within 30 days from the auction date.