📝 Description
For sale is a 1/1 share of real estate - school building located in Alytus District Municipality, Punia Parish, Punia Village, Margirio St. 58. This building is sold at a repeat municipal auction with an initial price of 167460 EUR. The unique object number is 3393-7009-9019.
Object characteristics: School purpose is for culture and education. Total area is 1100,13 sqm. Construction - brick wall, 2 floors. Building was constructed in 1937, reconstructed in 1964. Has certificate plan 1C2p. Engineering systems: heating - local central heating, sewage disposal - local sewage disposal, water supply - municipal water supply.
Investors should know that real estate is sold in its current physical and functional condition. The Alytus District Municipality Administration does not guarantee the accuracy of cadastral data status or removal of items inside the premises. A buyer who did not attend the inspection assumes all risks and liability arising from it.
A security deposit of 16746 EUR and registration fee of 50 EUR must be paid. Auction registration is available from 2026-01-26 to 2026-01-28. The auction itself runs from 2026-02-02 09:00:00 to 2026-02-03 13:59:59.
The auction winner must sign the protocol on the next working day after the auction. The real estate purchase agreement must be signed no later than within 25 calendar days, and land plot share agreement (if applicable) within 5 calendar days. The full amount must be paid within 10 calendar days after signing contracts. Contract preparation costs, including notary fees, are paid by the winner. Registration fee is non-refundable and not included in price. Security deposit is refunded within 5 working days if the auction is lost. If the winner refuses to sign the contract within 30 days, security deposit is not refunded, and they must cover new auction costs and possible price difference.
Object characteristics: School purpose is for culture and education. Total area is 1100,13 sqm. Construction - brick wall, 2 floors. Building was constructed in 1937, reconstructed in 1964. Has certificate plan 1C2p. Engineering systems: heating - local central heating, sewage disposal - local sewage disposal, water supply - municipal water supply.
Investors should know that real estate is sold in its current physical and functional condition. The Alytus District Municipality Administration does not guarantee the accuracy of cadastral data status or removal of items inside the premises. A buyer who did not attend the inspection assumes all risks and liability arising from it.
A security deposit of 16746 EUR and registration fee of 50 EUR must be paid. Auction registration is available from 2026-01-26 to 2026-01-28. The auction itself runs from 2026-02-02 09:00:00 to 2026-02-03 13:59:59.
The auction winner must sign the protocol on the next working day after the auction. The real estate purchase agreement must be signed no later than within 25 calendar days, and land plot share agreement (if applicable) within 5 calendar days. The full amount must be paid within 10 calendar days after signing contracts. Contract preparation costs, including notary fees, are paid by the winner. Registration fee is non-refundable and not included in price. Security deposit is refunded within 5 working days if the auction is lost. If the winner refuses to sign the contract within 30 days, security deposit is not refunded, and they must cover new auction costs and possible price difference.
❓ Frequently asked questions
What is the initial school building price and security deposit?
Initial price is 167460 EUR, security deposit required to participate is 16746 EUR.
When will the real estate auction for the school managed by Alytus District Municipality take place?
Auction starts on 2026-02-02 09:00:00 and ends on 2026-02-03 13:59:59.
What is the address of the object being sold and its main parameters?
Object is located at Alytus District Municipality Punia Village Margirio St. 58. It is a brick building with area of 1100,13 sqm, 2 floors, built in 1937.
When can the school building in Punia be inspected?
Property inspection is scheduled from 2026-01-19 to 2026-01-22.
What are the main payment terms with the winner after the auction?
Real estate purchase agreement must be signed within 25 calendar days from auction date, and full amount paid within 10 calendar days after contract signing in organizer designated account.
What does it mean that property is sold in existing physical condition?
Property is sold without municipality guarantee regarding accurate cadastral status or removal of existing items, buyer assumes all associated risks.