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1/6 Share of Residential Building and Structures in Papilė, Akmenė District, Pergalės g. 12, Starting Price 4720 EUR

📝 Description

★★★★★ ★★★★★ 3.5
We are selling a 1/6 fractional share of a residential building and associated auxiliary structures, along with a portion of the land plot, located at Pergalės g. 12, Papilė town, Akmenė District Municipality. This real estate is sold as-is, based on outdated cadastral data. Valstybės įmonė Turto bankas assumes no responsibility for updating current cadastral information or evicting a third party (co-owner) currently occupying the premises.

The total area of the residential building whose 1/6 share is being sold is 70.13 sq. m (Unique No. 3297-5022-0014). The share for sale also includes 1/6 parts of the built-up area of the following structures: garage (20.00 sq. m, Unique No. 3297-5022-0028), summer kitchen/storage (13.00 sq. m, Unique No. 3297-5022-0030), barn (19.00 sq. m, Unique No. 3297-5022-0041), woodshed (16.00 sq. m, Unique No. 3297-5022-0052), and courtyard structures (well, smokehouse, Unique No. 4400-4716-4141).

Additionally, a 0.0344 ha portion of the 0.2066 ha land plot (Unique No. 4400-6376-2072) is included. Please note that the land plot with structures is situated within the Conservation Functional Priority Zone of the Venta Landscape Reserve, part of the Venta Regional Park territory. Consequently, its use, management, construction, reconstruction, or repair activities are strictly regulated by the laws of the Republic of Lithuania concerning land, protected territories, and construction, along with their implementing regulations.

The auction starting price is 4720 EUR. The registration fee is 10 EUR, and the Security Deposit required for participation is 472 EUR. Participants must register by 2026-07-01 23:59:59. The auction itself will take place from 2026-07-07 09:00:00 until 2026-07-08 13:59:59.

📍 Location

📍 Akmenės r. sav. Papilės mstl. Pergalės g. 12

❓ Frequently asked questions

What fraction of the real estate is being sold in the auction?
A 1/6 share of the residential building (70.13 sq. m), 1/6 share of the garage, summer kitchen, barn, woodshed, and courtyard structures, plus a 0.0344 ha portion of the land plot are being sold.
What is the starting price for the share of the residential building and what are the fees?
The starting price is 4720 EUR. There is also a 472 EUR Security Deposit and a 10 EUR Registration Fee.
When is the real estate auction held?
The auction starts on 2026-07-07 09:00:00 and ends on 2026-07-08 13:59:59.
What are the unique numbers for the property being sold?
The unique number for the house is 3297-5022-0014. The unique number for the land plot is 4400-6376-2072.
Are there restrictions on the property being sold?
Yes, the property is in the Conservation Functional Priority Zone of the Venta Landscape Reserve, meaning its use and management are strictly regulated by Protected Territories laws.
Are there viewing restrictions?
Viewing is limited because the property is actually used by a third party (co-owner), and VĮ Turto bankas neiškeldins šio asmens iki nuosavybės perleidimo.
Who is organizing the auction?
The auction is organized by Valstybės įmonė Turto bankas.

⏱ Auction time

Registration not started

Registration

Until: 2026-07-01 23:59:59
Left: 46 days

Auction

Until: 2026-07-08 13:59:59
Left: 53 days

🏠 Property details

📍 Address
Akmenės r. sav. Papilės mstl. Pergalės g. 12
Type
Pirminis
Subtype
Pastatai
Object ID: 421035
💰 Starting price
4720.00 €
Deposit
472.00 €
Registration fee
10.00 €
Minimum increment
50.00 €
Confirmation
in 2 business days
Participate in auction
🔑 Keywords
1/6 share property auction part ownership house Akmenė district Papilė property sale Pergalės g. land plot share auction property sale as is Ventos reserve