📝 Description
A studio apartment with a total area of 19.72 sqm is being sold in Siauliai city at the address Gumbines g. 114-506 via a public auction organized by the municipality. The initial price for this real estate is 17100 EUR. The apartment is located on the fifth floor of a residential building and includes 5.70 sqm of communal rooms, such as corridors and toilets, shared with another unit in the same block.
The property is sold in its current factual and functional condition. Please note that the provided cadastral survey may not match the actual layout, and the municipality does not guarantee to correct the current cadastral data or remove existing items.
State land was used in the apartment, where a land plot has been established. The right of ownership or management over the land plot is not transferred along with the apartment. Upon signing the contract, the buyer has the right to apply to the National Land Registry to purchase part of the state land plot or to the Siauliai municipality for a lease agreement.
The public electronic auction will start at 2026-03-30 09:00:00 and end at 2026-03-31 13:59:59. Participant registration is available from 2026-03-25 00:00:00 until 2026-03-26 23:59:59. The mandatory guarantee fee is 1710 EUR and the registration fee is 50 EUR. The guarantee deposit will be refunded within 5 business days if the auction is not won.
Property inspections are scheduled for 2026-03-09 and 2026-03-16. Inspection times are arranged individually in advance.
The property is sold in its current factual and functional condition. Please note that the provided cadastral survey may not match the actual layout, and the municipality does not guarantee to correct the current cadastral data or remove existing items.
State land was used in the apartment, where a land plot has been established. The right of ownership or management over the land plot is not transferred along with the apartment. Upon signing the contract, the buyer has the right to apply to the National Land Registry to purchase part of the state land plot or to the Siauliai municipality for a lease agreement.
The public electronic auction will start at 2026-03-30 09:00:00 and end at 2026-03-31 13:59:59. Participant registration is available from 2026-03-25 00:00:00 until 2026-03-26 23:59:59. The mandatory guarantee fee is 1710 EUR and the registration fee is 50 EUR. The guarantee deposit will be refunded within 5 business days if the auction is not won.
Property inspections are scheduled for 2026-03-09 and 2026-03-16. Inspection times are arranged individually in advance.
📍 Location
📍 Šiaulių m. sav. Šiaulių m. Gumbinės g. 114-506
❓ Frequently asked questions
What is the initial price for the apartment at Gumbines g. 114 and when does the auction end?
The initial real estate price is 17100 EUR. The auction ends at 2026-03-31 13:59:59.
What is the area of the apartment being sold in Siauliai?
A studio apartment with a total area of 19.72 sqm is being sold, and additionally includes 5.70 sqm of communal rooms.
What are the mandatory fees for participating in the auction?
Participants must pay a 1710 EUR guarantee fee and a 50 EUR registration fee. The registration fee is non-refundable.
What is the property's unique number and which floor is the apartment on?
The real estate unique number is 4400-0840-7607:3816. The apartment is on the fifth floor of a residential building.
What are the payment terms and deadline for the property?
Payment must be made no later than 10 days after signing the sales contract. The sales contract is prepared within 30 days from the auction date.
Does purchasing the apartment grant ownership rights to the land plot?
No. The property is sold with the right to apply for purchase or lease of part of the state land plot, but ownership of the plot is not transferred along with the apartment.