📝 Description
A unique piece of property is up for auction: a Water Tower located in Šeštokai town, Lazdijai District Municipality. This is a repeated auction for a 1/1 ownership share. The initial auction price is set at 35910 EUR. The property's unique identifier is 5992-1002-6012. The required security deposit to participate is 1796 EUR.
The auction will run from 2026-07-01 09:00:00 until 2026-07-02 13:59:59. Registration for participation opens 2026-06-22 00:00:00 and closes 2026-06-26 23:59:59. Prospective buyers must register according to regulations, pay the security deposit, and submit all necessary documents.
The final price determined by the auction winner is quoted exclusive of VAT. If the bidder is a VAT payer under Lithuanian laws, VAT will be added. The paid security deposit will be credited toward the final purchase price. The remaining balance must be paid by the winner according to the terms in the Preliminary Purchase and Sale Agreement.
The buyer is responsible for all costs associated with concluding and confirming the Purchase and Sale Agreement, registering property rights, notary fees, and other related expenses, including due diligence costs concerning central data banks. The security deposit must be transferred to AB Lietuvos geležinkeliai sąskaitą LT92 7044 0600 0767 4537 AB SEB banke, specifying the auction number in the payment purpose field.
The winner will be evaluated based on reputation, financial stability, and other indicators ensuring proper contract fulfillment. Only individuals aged 18 and over, as well as legal entities entitled to acquire the specified property, may participate. Employees and management members of the seller are prohibited from participating. Physical inspection of the property requires prior arrangement.
The auction will run from 2026-07-01 09:00:00 until 2026-07-02 13:59:59. Registration for participation opens 2026-06-22 00:00:00 and closes 2026-06-26 23:59:59. Prospective buyers must register according to regulations, pay the security deposit, and submit all necessary documents.
The final price determined by the auction winner is quoted exclusive of VAT. If the bidder is a VAT payer under Lithuanian laws, VAT will be added. The paid security deposit will be credited toward the final purchase price. The remaining balance must be paid by the winner according to the terms in the Preliminary Purchase and Sale Agreement.
The buyer is responsible for all costs associated with concluding and confirming the Purchase and Sale Agreement, registering property rights, notary fees, and other related expenses, including due diligence costs concerning central data banks. The security deposit must be transferred to AB Lietuvos geležinkeliai sąskaitą LT92 7044 0600 0767 4537 AB SEB banke, specifying the auction number in the payment purpose field.
The winner will be evaluated based on reputation, financial stability, and other indicators ensuring proper contract fulfillment. Only individuals aged 18 and over, as well as legal entities entitled to acquire the specified property, may participate. Employees and management members of the seller are prohibited from participating. Physical inspection of the property requires prior arrangement.
❓ Frequently asked questions
What is the starting price for the water tower at auction?
The starting price for the water tower is 35910 EUR.
When does the auction for this structure close?
The auction closes on 2026-07-02 13:59:59.
What is the mandatory security deposit for participation?
The required security deposit is 1796 EUR.
Where is the real estate located?
The property is located in Šeštokai town, Lazdijai District Municipality.
When can one register to participate in the auction?
Registration opens on 2026-06-22 00:00:00 and ends on 2026-06-26 23:59:59.
Does the buyer pay VAT and what are the extra costs involved?
The final price is quoted without VAT; VAT is added if the buyer is a VAT payer. The buyer pays all costs for contract conclusion, confirmation, registration, and notary fees.