📝 Description
A unique engineering structure, a Water Tower in the Plungė district municipality, is up for sale. It is located at Salantų g. 5B, Plungė city. This repeated auction offers the chance to acquire a 1/1 share of the structure—a water tower standing 47 meters tall. The cadastral/unique number for the structure is 6899-6005-9019, and the registration number is 44/3441466. It is marked as V1 on the plan and serves the purpose of water supply networks. Built in 1950, the structure is 100 percent complete, although it shows 70 percent physical wear. This presents an exceptional investment opportunity for industrial, telecommunications, or other projects in Plungė. The minimum starting price for the whole managed share (1/1) is 38305 Eur. The buyer must submit a security deposit of 3831 Eur and a 50 Eur registration fee. The auction winner covers all costs associated with signing the real estate purchase and sale agreement, including notary fees. The property is sold as is. Plungės rajono savivaldybė neįsipareigoja iškraustyti jokių patalpose esančių daiktų.
The online auction runs from 2026-04-13 09:00:00 until 2026-04-14 13:59:59. Registration is open from 2026-04-07 00:00:00 until 2026-04-08 23:59:59. Property viewing is scheduled for April 3, 2026, from 08.00 to 15.00 (with a lunch break from 12.00-13.00), but prior registration is required one business day in advance.
If the winning bidder fails to settle within the specified deadlines, they will be barred from participating in any new auction for this property. They must also cover the costs of organizing the new auction and pay the difference in price if the property sells for less in the subsequent auction, as stipulated by Article 6.422 of the Civil Code. The purchase agreement must be finalized within 25 calendar days, and the land plot agreement (if applicable) within 5 calendar days after signing the main agreement. The full price must be paid before signing the agreement.
The online auction runs from 2026-04-13 09:00:00 until 2026-04-14 13:59:59. Registration is open from 2026-04-07 00:00:00 until 2026-04-08 23:59:59. Property viewing is scheduled for April 3, 2026, from 08.00 to 15.00 (with a lunch break from 12.00-13.00), but prior registration is required one business day in advance.
If the winning bidder fails to settle within the specified deadlines, they will be barred from participating in any new auction for this property. They must also cover the costs of organizing the new auction and pay the difference in price if the property sells for less in the subsequent auction, as stipulated by Article 6.422 of the Civil Code. The purchase agreement must be finalized within 25 calendar days, and the land plot agreement (if applicable) within 5 calendar days after signing the main agreement. The full price must be paid before signing the agreement.
❓ Frequently asked questions
What is the starting price for the water tower at auction?
The starting price for the sale is 38305 Eur.
When will the auction for this property take place and when is registration required?
The auction starts on 2026-04-13 09:00:00 and ends on 2026-04-14 13:59:59. Registration is open from 2026-04-07 00:00:00 until 2026-04-08 23:59:59.
Where is the water tower located and what are its main characteristics?
The object is located in Plungė city, at Salantų g. 5B. It is a water tower built in 1950, 47 meters high, showing 70 percent physical wear.
What additional fees apply for auction participation?
A security deposit of 3831 Eur and a 50 Eur registration fee will be required. The winner pays all costs for signing the agreement, including notary fees.
When can the water tower be viewed?
Viewing is scheduled for April 3, 2026, from 08.00 to 15.00, but you must register for the viewing at least 1 business day in advance.
What are the settlement deadlines after winning?
The purchase and sale agreement must be signed within 25 calendar days from the sale date, and the full price must be paid before signing the agreement.