📝 Description
A 1/1 share apartment is being sold in the city of Visaginas at Veteranų Street 6-121, Visagino savivaldybė, via a public auction held by VĮ Turto bankas. This primary-type unit has a total area of 36.10 square meters. The starting sale price is 13 700,00 Eur (this amount consists of 11 322,31 Eur excluding VAT and 2 377,69 Eur VAT).
The auction will take place starting 2026-05-27 09:00:00 and close on 2026-05-28 13:59:59. Registration for the auction runs from 2026-05-20 00:00:00 until 2026-05-22 23:59:59.
Note that the real estate is sold in its current physical and functional condition. Turto bankas neįsipareigoja nustatyti aktualios kadastro duomenų būklės ar iškraustyti. A crucial condition for the buyer: the apartment building is situated on state-owned land where the plot has not been formally established, and rights to this land plot are not transferred. The unique property identification number is 3098-4001-7018:0115.
Apartment building modernization works have started (the document allowing construction, Nr. ANN2-00-260317-00788, was issued on 2026-03-18). Financing for the renovation is secured under a loan agreement Nr. DNMF-2026-14945 dated 2026-01-20. The preliminary share of the loan amount corresponding to the apartment's condition as of 2026-04-15 is 24 461,94 Eur. This sum has not yet been paid out. The obligation to pay this portion of the credit transfers to the new owner (buyer) from the moment ownership rights are transferred.
This represents an investment opportunity to acquire property in Visaginas linked to a renovation obligation, offered at a relatively low starting price. The homeowners' association managing the building is Daugiabučio namo savininkų bendrija "Nauja buitis".
A mandatory registration fee of 40 Eur and a security deposit of 1 370 Eur must be paid. Payments can be made via NEOPAY or by bank transfer to account LT85 7044 0901 0022 1537 at AB SEB banke, recipient VĮ Turto bankas, indicating the e-auction number in the payment description.
The auction will take place starting 2026-05-27 09:00:00 and close on 2026-05-28 13:59:59. Registration for the auction runs from 2026-05-20 00:00:00 until 2026-05-22 23:59:59.
Note that the real estate is sold in its current physical and functional condition. Turto bankas neįsipareigoja nustatyti aktualios kadastro duomenų būklės ar iškraustyti. A crucial condition for the buyer: the apartment building is situated on state-owned land where the plot has not been formally established, and rights to this land plot are not transferred. The unique property identification number is 3098-4001-7018:0115.
Apartment building modernization works have started (the document allowing construction, Nr. ANN2-00-260317-00788, was issued on 2026-03-18). Financing for the renovation is secured under a loan agreement Nr. DNMF-2026-14945 dated 2026-01-20. The preliminary share of the loan amount corresponding to the apartment's condition as of 2026-04-15 is 24 461,94 Eur. This sum has not yet been paid out. The obligation to pay this portion of the credit transfers to the new owner (buyer) from the moment ownership rights are transferred.
This represents an investment opportunity to acquire property in Visaginas linked to a renovation obligation, offered at a relatively low starting price. The homeowners' association managing the building is Daugiabučio namo savininkų bendrija "Nauja buitis".
A mandatory registration fee of 40 Eur and a security deposit of 1 370 Eur must be paid. Payments can be made via NEOPAY or by bank transfer to account LT85 7044 0901 0022 1537 at AB SEB banke, recipient VĮ Turto bankas, indicating the e-auction number in the payment description.
📍 Location
📍 Visagino sav. Visagino m. Veteranų g. 6-121
❓ Frequently asked questions
What is the starting price and total area of the real estate?
The starting price for the apartment is 13700 EUR. The total area of the apartment with unique number 3098-4001-7018:0115 is 36.10 sqm.
When is the auction held and when is registration due?
The auction takes place from 2026-05-27 09:00:00 and ends on 2026-05-28 13:59:59. Registration is open from 2026-05-20 until 2026-05-22.
What additional fees are required to participate in the auction?
The mandatory registration fee is 40 EUR, and the security deposit is 1370 EUR.
Is the apartment sold with a land plot and what is its status?
Rights to the land plot are not transferred because the building is on state land where the plot has not been established. The property is sold in its current physical and functional state.
Is the property for sale linked to renovation obligations?
Yes, the building is being modernized, and the preliminary loan share attributable to the apartment is 24 461,94 Eur. The buyer must pay this amount starting from the transfer of ownership.
What is the apartment address and whom should I contact for viewing?
The apartment is located at Visaginas city, Veteranų g. 6-121, Visagino savivaldybė. For viewings, contact the Commercial Operations Manager of the Regions Group within the Property Operations Department before registration opens.