📝 Description
An administrative building is available for sale in Vilnius city municipality at Vasaros g. 3. This is a repeated auction with a starting price set at 4 700 000 Eur for the property. The building was constructed in 1966, is 100 percent complete, and has a total area of 159.79 sq. m. Its designated use is Administrative. The building has one floor, marked as 1B1/p on the plan. The entire 1/1 share of the property is being sold. The unique property number is 1094-0426-1018. This represents a long-term investment opportunity in or near Vilnius Old Town, suitable for administrative activities.
The auction starts on 2026-04-08 09:00:00 and concludes on 2026-04-09 13:59:59. Registration for the auction is open from 2026-03-26 00:00:00 until 2026-04-01 23:59:59. Participation requires a 200 000 EUR security deposit and a 300 EUR registration fee.
A notarized sale and purchase agreement must be concluded within 30 days after the auction ends. The Buyer must pay 3 000 000 Eur (including the security deposit paid) no later than 30 calendar days after signing the agreement. The remaining portion of the property price must be paid to the seller after the premises are vacated, but no later than October 1, 2026, with a possible extension of 3 months. All expenses related to signing the agreement, confirmation, registration of ownership, notary fees, and data verification are borne by the Buyer. The security deposit and registration fee are transferred to VšĮ Vilniaus miesto psichikos sveikatos centras, AB Artea bankas, account LT767189900001142052.
Only individuals aged 18 and over from Lithuania and foreign states, as well as legal entities, who have duly registered, submitted all documents, and paid the required fees, may participate in the auction. More detailed information about the property is provided upon signing a confidentiality agreement. Participants must review the Auction Procedure Description and the draft Sale and Purchase Agreement.
The auction starts on 2026-04-08 09:00:00 and concludes on 2026-04-09 13:59:59. Registration for the auction is open from 2026-03-26 00:00:00 until 2026-04-01 23:59:59. Participation requires a 200 000 EUR security deposit and a 300 EUR registration fee.
A notarized sale and purchase agreement must be concluded within 30 days after the auction ends. The Buyer must pay 3 000 000 Eur (including the security deposit paid) no later than 30 calendar days after signing the agreement. The remaining portion of the property price must be paid to the seller after the premises are vacated, but no later than October 1, 2026, with a possible extension of 3 months. All expenses related to signing the agreement, confirmation, registration of ownership, notary fees, and data verification are borne by the Buyer. The security deposit and registration fee are transferred to VšĮ Vilniaus miesto psichikos sveikatos centras, AB Artea bankas, account LT767189900001142052.
Only individuals aged 18 and over from Lithuania and foreign states, as well as legal entities, who have duly registered, submitted all documents, and paid the required fees, may participate in the auction. More detailed information about the property is provided upon signing a confidentiality agreement. Participants must review the Auction Procedure Description and the draft Sale and Purchase Agreement.
❓ Frequently asked questions
What is the starting price for the administrative building at Vasaros g. 3 in Vilnius, and what is the property's unique number?
The starting price for the administrative building is 4 700 000 Eur. The unique object number is 1094-0426-1018.
When is the auction taking place for the 159.79 sqm building in Vilnius?
The auction starts on 2026-04-08 09:00:00 and ends on 2026-04-09 13:59:59.
What are the required registration and security deposit amounts for auction participation?
A 300 EUR registration fee and a 200 000 EUR security deposit are required. Registration is open until 2026-04-01 23:59:59.
What are the main payment deadlines after winning the auction?
The notarized sale and purchase agreement is concluded within 30 days after the auction. 3 000 000 Eur (including the security deposit) must be paid within 30 calendar days of signing the agreement. The remaining amount is due after the premises are vacated, but no later than October 1, 2026.
What is the main purpose of the property being sold and its year of construction?
The property's purpose is Administrative, with a total area of 159.79 sq. m. The building was constructed in 1966 and is 100 percent complete.
How can one arrange to view the property at Vasaros g. 3, Vilnius?
For viewing, you need to arrange a time in advance, before registration for the auction begins. Contact persons are indicated in the organizers' section.