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Partial Ownership (Basement) at Polocko g. 11, Vilnius, Starting Bid 537 EUR

📝 Description

★★★★★ ★★★★★ 3.5
For sale is a 477/10000 share of a non-residential basement unit located at Polocko g. 11 in the esančios Vilniaus miesto savivaldybė. This share represents 1.24 sqm of the total 25.99 sqm basement space in a two-story masonry building. The unique identifier for this specific share is 4400-1784-2930:7102. The starting price for this repeated auction is 537 EUR.

Participants must pay a security deposit of 53 EUR and a registration fee of 70 EUR. Both payments must be completed before the electronic auction registration closes.

Important usage conditions apply: Although the premises are not listed in the Cultural Heritage Register, they are situated within the territory of a state-protected cultural heritage site—the Vilnius Old Town (unique code 16073)—and the archaeological site of the Vilnius Old Town and Suburbs (unique code 25504). Consequently, the use, maintenance, and any construction, repair, or reconstruction work on the premises in this area are strictly regulated by the Law on the Protection of Immovable Cultural Heritage of the Republic of Lithuania and other relevant acts. The property is sold "as is."

Property viewing appointments are scheduled for 2026-05-06 16:00 and 2026-05-13 16:00. You must coordinate the time with the responsible staff member before visiting. The sales terms require signing the purchase agreement within 30 days of the auction date, with the full price paid within 10 days after signing. The auction itself takes place online from 2026-05-25 09:00:00 until 2026-05-26 13:59:59. The organizing entity is Organizatorius yra Vilniaus miesto savivaldybės administracija (company code 188710061). Parduodama nuosavybė priklauso Vilniaus miesto savivaldybei.

📍 Location

📍 Vilniaus m. sav. Vilniaus m. Polocko g. 11

❓ Frequently asked questions

What is the starting price for the share of the non-residential premises?
The starting sale price is set at 537 EUR.
When will the main auction for the share at Polocko g. 11 take place?
The auction will run from 2026-05-25 09:00:00 to 2026-05-26 13:59:59.
What additional fees apply for auction participation?
The participant security deposit is 53 EUR, and the registration fee is 70 EUR.
What are the main restrictions regarding the use of this property in Vilnius?
The premises are in the Vilnius Old Town cultural heritage area, meaning any construction, repair, or reconstruction work is strictly regulated by the Law on the Protection of Immovable Cultural Heritage.
When can the non-residential premises at Polocko g. 11 be viewed?
Viewings are scheduled for 2026-05-06 16:00 and 2026-05-13 16:00; prior arrangement is required.
What is the unique number of the share for sale and the total size of the unit?
The unique number for the share is 4400-1784-2930:7102. The total unit size is 25.99 sqm.

⏱ Auction time

Registration not started

Registration

Until: 2026-05-20 23:59:59
Left: 36 days

Auction

Until: 2026-05-26 13:59:59
Left: 41 days

🏠 Property details

📍 Address
Vilniaus m. sav. Vilniaus m. Polocko g. 11
Type
Pakartotinis
Subtype
Patalpos/Butai
Object ID: 416661
💰 Starting price
537.00 €
Deposit
53.00 €
Registration fee
70.00 €
Minimum increment
5.00 €
Confirmation
in 2 business days
Participate in auction
🔑 Keywords
partial property sale Vilnius Vilnius basement auction Polocko street property share property in cultural heritage zone commercial unit Vilnius