📝 Description
We are selling a 1/5 share of a residential house and its auxiliary structures located in Balėnai village, Sodų street 25, Mažeikiai district municipality. This is a good entry point to acquire real estate, with the total starting auction price set at 3267 EUR. The auction is managed by VĮ Turto bankas.
The share for sale covers 1/5 of the total residential building area, which is 324.39 sqm, unique no. 6192-2003-1013. Also included is a 1/5 share of other annexes: a barn (112.00 sqm built-up area, unique no. 6192-2003-1024), a granary (69.00 sqm built-up area, unique no. 6192-2003-1035), and a warehouse (384.00 sqm built-up area, unique no. 6192-2003-1046). A 1/5 share of the yard structures (2 lean-tos, 1 well) is also offered, unique no. 6192-2003-1057.
This investment also includes a fraction of the land plot: 0.0622 ha out of a total 0.3109 ha land plot, unique no. 4400-2905-2768, situated at Sodų g. 25, Balėnai village, Tirkšliai eldership, Mažeikiai district municipality.
Important: This property is held under common fractional ownership. Co-owners have not established agreements regarding the procedure for managing the common fractional property, nor any agreements on the usage division of the land plot. The real estate is sold "as is" in its current physical and functional condition. Valstybės įmonė Turto bankas neįsipareigoja iškraustyti jame esančių daiktų (The State Enterprise Turto Bankas does not undertake to vacate objects located therein). Note that the barn (unique no. 6192-2003-1024) and the warehouse (unique no. 6192-2003-1046) are derelict.
Property viewing must be arranged individually in advance by coordinating a time with the commercial activities manager before registration opens.
The share for sale covers 1/5 of the total residential building area, which is 324.39 sqm, unique no. 6192-2003-1013. Also included is a 1/5 share of other annexes: a barn (112.00 sqm built-up area, unique no. 6192-2003-1024), a granary (69.00 sqm built-up area, unique no. 6192-2003-1035), and a warehouse (384.00 sqm built-up area, unique no. 6192-2003-1046). A 1/5 share of the yard structures (2 lean-tos, 1 well) is also offered, unique no. 6192-2003-1057.
This investment also includes a fraction of the land plot: 0.0622 ha out of a total 0.3109 ha land plot, unique no. 4400-2905-2768, situated at Sodų g. 25, Balėnai village, Tirkšliai eldership, Mažeikiai district municipality.
Important: This property is held under common fractional ownership. Co-owners have not established agreements regarding the procedure for managing the common fractional property, nor any agreements on the usage division of the land plot. The real estate is sold "as is" in its current physical and functional condition. Valstybės įmonė Turto bankas neįsipareigoja iškraustyti jame esančių daiktų (The State Enterprise Turto Bankas does not undertake to vacate objects located therein). Note that the barn (unique no. 6192-2003-1024) and the warehouse (unique no. 6192-2003-1046) are derelict.
Property viewing must be arranged individually in advance by coordinating a time with the commercial activities manager before registration opens.
❓ Frequently asked questions
What is the starting price set for the 1/5 share of the real estate?
The starting price is 3267 EUR.
When is the main auction held for the property in Mažeikiai r. sav., Balėnai k.?
The auction starts on 2026-05-11 09:00:00 and ends on 2026-05-12 13:59:59.
What are the additional fees for participating in the auction?
The mandatory guarantee deposit is 326 EUR, and the registration fee is 10 EUR.
What specific assets and what areas are being sold?
A 1/5 share of the residential house (324.39 sqm), barn (112.00 sqm), granary (69.00 sqm), warehouse (384.00 sqm), yard structures, and a 1/5 share of the 0.0622 ha land plot are being sold.
What is the final deadline for auction registration?
Registration closes on 2026-05-06 23:59:59.
What is a crucial condition regarding the condition of the property being sold?
The real estate is sold in its current physical and functional condition, and Turto bankas neįsipareigoja iškraustyti jame esančių daiktų (Turto bankas does not undertake to vacate objects located therein).
Has an agreement on the procedure for using the common fractional property been established?
No, co-owners have not reached agreements regarding the procedure for using the common fractional property or organizing the usage of the land plot parts.