📝 Description
A 1/1 share apartment is up for auction in Mažeikiai city, located at Sodų street 4-31, with a total area of 50.15 sqm. The starting price for this real estate, organized by Valstybės įmonės Turto bankas, is 40200 EUR. The unique property cadastral number is 6197-3005-3012:0028.
This property is sold in its current physical and functional condition. Please note that kad Turto bankas neįsipareigoja nustatyti aktualios kadastro duomenų būklės ir neįsipareigoja evict any items currently inside. The apartment sits on a registered land plot (cadastral number 6130/0014, unique number 4400-4576-2609, priklausantis Mažeikių rajono savivaldybe). The seller is not transferring ownership rights to this land plot; however, according to Lithuanian Civil Code Art. 6.394 (3), the buyer gains the right to use the corresponding part of the land under the same conditions as the seller.
This apartment is in a multi-apartment residential building slated for renovation based on an investment project developed in 2021. The preliminary loan portion attributable to this apartment is 15 287,54 Eur. This sum has not yet been paid out; therefore, the obligation to repay this loan portion transfers to the auction winner (buyer) from the moment ownership rights are transferred. For detailed information regarding the renovation, contact UAB „Tavo pastogė“.
The full auction terms and restrictions are detailed in the draft contract documents available for review. The initial property valuation is positive given the initial price, despite the condition of assuming future renovation liabilities.
This property is sold in its current physical and functional condition. Please note that kad Turto bankas neįsipareigoja nustatyti aktualios kadastro duomenų būklės ir neįsipareigoja evict any items currently inside. The apartment sits on a registered land plot (cadastral number 6130/0014, unique number 4400-4576-2609, priklausantis Mažeikių rajono savivaldybe). The seller is not transferring ownership rights to this land plot; however, according to Lithuanian Civil Code Art. 6.394 (3), the buyer gains the right to use the corresponding part of the land under the same conditions as the seller.
This apartment is in a multi-apartment residential building slated for renovation based on an investment project developed in 2021. The preliminary loan portion attributable to this apartment is 15 287,54 Eur. This sum has not yet been paid out; therefore, the obligation to repay this loan portion transfers to the auction winner (buyer) from the moment ownership rights are transferred. For detailed information regarding the renovation, contact UAB „Tavo pastogė“.
The full auction terms and restrictions are detailed in the draft contract documents available for review. The initial property valuation is positive given the initial price, despite the condition of assuming future renovation liabilities.
❓ Frequently asked questions
What is the starting price for the apartment at Sodų g. 4-31 in Mažeikiai?
The starting auction price is 40200 EUR.
When will the property auction take place?
The auction will start on 2026-06-03 09:00:00 and end on 2026-06-04 13:59:59.
When is the deadline to register for the auction?
Registration starts on 2026-05-27 00:00:00 and ends on 2026-05-29 23:59:59.
What are the additional fees required to participate in the auction?
The guarantee deposit is 4020 EUR, and the registration fee is 40 EUR.
Are there any known conditions regarding the land plot belonging to the apartment at Sodų g. 4-31?
The seller does not transfer rights to the land plot, but the buyer acquires the right to use the corresponding part of the land under the same conditions as the seller, pursuant to Civil Code Art. 6.394 (3).
What is the total area and unique number of the apartment being sold?
The total area of the apartment is 50.15 sqm, and the unique number is 6197-3005-3012:0028.
Does the buyer assume responsibility for the planned building renovation?
Yes, from the moment ownership rights are transferred, the obligation to pay the preliminary credit portion attributable to the apartment (15 287,54 Eur) transfers to the auction winner (buyer).