📝 Description
A real estate property located in the city of Marijampolė, at Vytauto g. 87-7 (Unique Number: 1891-7000-3013:0029), is offered for sale via public auction with a starting price of 7920 Eur. This is a sale of a 1/1 share of the apartment.
Sale proceeds based on the current physical and functional condition according to cadastral data. Importantly, the apartment has been deemed unfit for use due to physical and functional depreciation. Marijampolės savivaldybė neprisiima įsipareigojimo iškraustyti patalpose esančių daiktų.
The property is part of an apartment building that has been participating in the Marijampolė municipality's energy efficiency improvement program for multi-apartment buildings since October 31, 2022. An investment plan for renovation (modernization) has been prepared for the building, and State support and credit agreements have been signed. The new owner will assume the obligation to repay the investment portion corresponding to this apartment once the building is modernized. The preliminary modernization investment cost attributable to this apartment is 13 012,10 Eur (with a preliminary monthly payment of about 54 Eur without interest).
The electronic auction runs from 2026-04-29 09:00:00 until 2026-04-30 13:59:59. Registration for the auction is open from 2026-04-23 00:00:00 until 2026-04-24 23:59:59. The participation fee is 30 Eur, and a security deposit of 792 Eur (10% of the starting price) must be paid by the registration deadline; this deposit is refunded within 5 business days if the auction is not won.
Payment terms: The sales contract must be executed within 30 days of the auction date, and the full price must be paid within 10 days after signing the contract. The buyer covers all property transfer expenses.
Sale proceeds based on the current physical and functional condition according to cadastral data. Importantly, the apartment has been deemed unfit for use due to physical and functional depreciation. Marijampolės savivaldybė neprisiima įsipareigojimo iškraustyti patalpose esančių daiktų.
The property is part of an apartment building that has been participating in the Marijampolė municipality's energy efficiency improvement program for multi-apartment buildings since October 31, 2022. An investment plan for renovation (modernization) has been prepared for the building, and State support and credit agreements have been signed. The new owner will assume the obligation to repay the investment portion corresponding to this apartment once the building is modernized. The preliminary modernization investment cost attributable to this apartment is 13 012,10 Eur (with a preliminary monthly payment of about 54 Eur without interest).
The electronic auction runs from 2026-04-29 09:00:00 until 2026-04-30 13:59:59. Registration for the auction is open from 2026-04-23 00:00:00 until 2026-04-24 23:59:59. The participation fee is 30 Eur, and a security deposit of 792 Eur (10% of the starting price) must be paid by the registration deadline; this deposit is refunded within 5 business days if the auction is not won.
Payment terms: The sales contract must be executed within 30 days of the auction date, and the full price must be paid within 10 days after signing the contract. The buyer covers all property transfer expenses.
📍 Location
📍 Marijampolės sav. Marijampolės m. Vytauto g. 87-7
❓ Frequently asked questions
What are the associated costs for the apartment renovation (modernization)?
The preliminary modernization investment portion attributable to this apartment is 13 012,10 Eur, with a preliminary monthly payment of about 54 Eur without interest. This obligation transfers to the auction winner.
When is the property viewing scheduled in Marijampolė?
Property viewing is scheduled for April 21, 2026. The exact time must be arranged in advance by 14:00 on April 20, 2026.
What is the starting price and security deposit for the apartment?
The starting price is 7920 Eur. The security deposit required for registration is 792 Eur, and the registration fee is 30 Eur.
When will the auction for the apartment at Vytauto g. 87-7 start and end?
The electronic auction starts on 2026-04-29 09:00:00 and ends on 2026-04-30 13:59:59.
What is the status and condition of the apartment?
The apartment is sold in its current state and has been deemed unfit (unusable) due to physical and functional wear and tear.
What is the deadline for signing the contract and making full payment?
The purchase and sale agreement must be signed within 30 days of the auction date, and the full price must be paid within 10 days after signing the agreement.