📝 Description
Selling an 8/100 share of an attic area totaling 69.82 sq. m located at Vokiečių g. 111, Kaunas city. This portion is part of the common 69.82 sq. m attic space within a two-story log building. The property is marked as 1A2mž on the plan. This is an initial auction for premises/apartments announced by the Kauno miesto savivaldybė administration.
The auction begins on 2026-05-20 09:00:00 and ends on 2026-05-21 13:59:59. Registration is open from 2026-05-18 00:00:00 until 2026-05-18 23:59:59. Participation requires a non-refundable 100 EUR registration fee plus a 50 EUR security deposit.
The purchase and sale agreement with the auction winner must be concluded no later than 25 days after the auction date. The full price must be paid within 10 days following the contract signing. The buyer is responsible for all property transfer costs. The registration fee is permanent and is not credited toward the sale price; the security deposit is returned within 5 business days if the bid is unsuccessful.
If the agreement is not finalized due to the winner's fault within 30 days, the security deposit will not be refunded. Additionally, costs for organizing a new auction and any price difference if the property sells for less may be charged.
Purchase agreements will not be executed with a winner who is ineligible to acquire real estate in the Republic of Lithuania (based on restrictions under the Law on Restrictive Measures or Article 47(3) of the Constitution).
Property viewing is scheduled for 2026-05-12. Mandatory registration for viewing must be completed via mobile phone by 2026-05-11 at 16:00.
The auction begins on 2026-05-20 09:00:00 and ends on 2026-05-21 13:59:59. Registration is open from 2026-05-18 00:00:00 until 2026-05-18 23:59:59. Participation requires a non-refundable 100 EUR registration fee plus a 50 EUR security deposit.
The purchase and sale agreement with the auction winner must be concluded no later than 25 days after the auction date. The full price must be paid within 10 days following the contract signing. The buyer is responsible for all property transfer costs. The registration fee is permanent and is not credited toward the sale price; the security deposit is returned within 5 business days if the bid is unsuccessful.
If the agreement is not finalized due to the winner's fault within 30 days, the security deposit will not be refunded. Additionally, costs for organizing a new auction and any price difference if the property sells for less may be charged.
Purchase agreements will not be executed with a winner who is ineligible to acquire real estate in the Republic of Lithuania (based on restrictions under the Law on Restrictive Measures or Article 47(3) of the Constitution).
Property viewing is scheduled for 2026-05-12. Mandatory registration for viewing must be completed via mobile phone by 2026-05-11 at 16:00.
❓ Frequently asked questions
What portion of the real estate is being auctioned?
An 8/100 share of the attic premises totaling 69.82 sq. m, located at Vokiečių g. 111, Kaunas, is being sold.
When is the auction and when is registration?
The auction starts on 2026-05-20 09:00:00 and ends on 2026-05-21 13:59:59. Registration takes place on 2026-05-18 from 00:00:00 to 23:59:59.
What is the starting price and what additional fees must be paid?
The starting price is 500 EUR. A 100 EUR registration fee and a 50 EUR security deposit are required.
What is the property's unique number and address?
The unique number is 4400-5635-3781:6942, and the address is Vokiečių g. 111, Kaunas city municipality.
How long does the buyer have to sign the purchase agreement after winning the auction?
The purchase and sale agreement must be concluded no later than 25 days from the auction date, and the full price must be paid within 10 days after signing the contracts.
Can the property share being sold be inspected?
Yes, the viewing is scheduled for 2026-05-12, but pre-registration via mobile phone is required by 2026-05-11 at 16:00.