📝 Description
A garage is being sold in Palanga city at Ganyklu g. 20, located in a building K1-13 within a developed area. This property is part of the primary auction procedure organized by VĮ Turto bankas. The total area of the garage is 18.66 square meters, and 1/1 share is being sold. The starting price for this asset at the auction is 16600 EUR. The unique real estate object number is 4400-6714-9500:7501.
Important conditions for the buyer: The real estate is sold in its current physical and functional condition, based on existing cadastre data. The seller, VĮ Turto bankas, does not guarantee specifying more precise cadastre data or removing items present in the object. It should be noted that no utilities are planned for the garage being sold.
The property is located in a developed land plot (cadastral No. 2501/0025:28, unique No. 4400-4495-2009), which is managed by Palanga town municipality under usufruct rights. The seller does not transfer rights to this land plot. However, according to Article 6.394 Section 3 of the Civil Code, the buyer acquires the right to use an appropriate portion of the land plot under the same conditions as the seller of the real estate object. There is also a registered courtyard area belonging to third parties on the land plot (unique No. 4400-5610-9427).
Auction information: Registration for the auction takes place from 2026-03-30 until 2026-04-01 23:59:59. The auction itself will run from 2026-04-07 09:00:00 to 2026-04-08 13:59:59. The registration fee for participants is 40 EUR, and the guarantee deposit is 1660 EUR. Draft purchase-sale agreements and detailed general auction conditions are available via links in the auction announcement.
Important conditions for the buyer: The real estate is sold in its current physical and functional condition, based on existing cadastre data. The seller, VĮ Turto bankas, does not guarantee specifying more precise cadastre data or removing items present in the object. It should be noted that no utilities are planned for the garage being sold.
The property is located in a developed land plot (cadastral No. 2501/0025:28, unique No. 4400-4495-2009), which is managed by Palanga town municipality under usufruct rights. The seller does not transfer rights to this land plot. However, according to Article 6.394 Section 3 of the Civil Code, the buyer acquires the right to use an appropriate portion of the land plot under the same conditions as the seller of the real estate object. There is also a registered courtyard area belonging to third parties on the land plot (unique No. 4400-5610-9427).
Auction information: Registration for the auction takes place from 2026-03-30 until 2026-04-01 23:59:59. The auction itself will run from 2026-04-07 09:00:00 to 2026-04-08 13:59:59. The registration fee for participants is 40 EUR, and the guarantee deposit is 1660 EUR. Draft purchase-sale agreements and detailed general auction conditions are available via links in the auction announcement.
📍 Location
📍 Palangos m. sav. Palangos m. Ganyklų g. 20 K1-13
❓ Frequently asked questions
What is the starting garage price in Palanga?
The starting price for the garage at Ganyklu g. 20 is 16600 EUR.
When will the asset auction take place?
The auction starts on 2026-04-07 09:00:00 and ends on 2026-04-08 13:59:59.
What are the registration deadlines for the auction?
Registration takes place from 2026-03-30 00:00:00 until 2026-04-01 23:59:59.
What is the total garage area and unique code?
The garage area is 18.66 sqm, and the unique number is 4400-6714-9500:7501.
Does the seller guarantee the presence of utilities in the object?
The object is sold without utilities; VĮ Turto bankas does not commit to determining them.
Are land rights granted to the buyer?
The buyer acquires the right to use an appropriate portion of the land plot under the same conditions as the seller, according to Civil Code 6.394 Section 3. Rights in this specific plot are not transferred.
What additional fees must be paid at the auction?
A mandatory registration fee of 40 EUR and a guarantee deposit of 1660 EUR must be paid.