📝 Description
A 68.30 sqm total area building at Srovės g. 7, Vilnius, is being offered for sale at auction with a starting price of 27794 EUR. This brick structure, built in 1977, presents an investment opportunity despite lacking certain infrastructure connections. The sale includes a power transformer and 0.4 kV distribution equipment belonging to the joint-stock company "Oro navigacija".
Currently, the building has no connection to the water or sewage utility networks. Importantly, a 10 kV transformer substation (TP320), owned and operated by Energijos skirstymo operatorius (ESO), is installed in the premises designated as index 1-5 on the plan, and this substation is not part of the sale. Electrical supply to the Building is routed via ESO's TP320 substation, with the responsibility boundary set at the 10 kV output terminals of the power transformer, providing a capacity of 25 kW. The future Buyer must enter into an electricity supply agreement with ESO. ESO also holds a servitude right to operate the transformer substation on the Land Plot and within the Building.
This property is being sold via public auction on behalf of AB „Oro navigacija“. If the winning bidder is a VAT payer, a 21% VAT will be added to the final sale price, according to Article 32 (3) of the VAT Law. The required deposit for the auction is 2500 EUR, and the registration fee is 10 EUR. Both amounts must be paid before registering for the Auction.
The auction winner must sign the Property Purchase and Sale Agreement within 20 business days of being announced as the winner. All costs related to concluding, confirming the agreement, and registering ownership rights (including notary fees) are borne by the Buyer. By signing the agreement, the Buyer confirms they have inspected the object, assessed its actual condition, and waive any claims against the Seller.
Currently, the building has no connection to the water or sewage utility networks. Importantly, a 10 kV transformer substation (TP320), owned and operated by Energijos skirstymo operatorius (ESO), is installed in the premises designated as index 1-5 on the plan, and this substation is not part of the sale. Electrical supply to the Building is routed via ESO's TP320 substation, with the responsibility boundary set at the 10 kV output terminals of the power transformer, providing a capacity of 25 kW. The future Buyer must enter into an electricity supply agreement with ESO. ESO also holds a servitude right to operate the transformer substation on the Land Plot and within the Building.
This property is being sold via public auction on behalf of AB „Oro navigacija“. If the winning bidder is a VAT payer, a 21% VAT will be added to the final sale price, according to Article 32 (3) of the VAT Law. The required deposit for the auction is 2500 EUR, and the registration fee is 10 EUR. Both amounts must be paid before registering for the Auction.
The auction winner must sign the Property Purchase and Sale Agreement within 20 business days of being announced as the winner. All costs related to concluding, confirming the agreement, and registering ownership rights (including notary fees) are borne by the Buyer. By signing the agreement, the Buyer confirms they have inspected the object, assessed its actual condition, and waive any claims against the Seller.
❓ Frequently asked questions
What is the starting price for the building at Srovės g. 7, Vilnius, at auction?
The starting price for the building at Srovės g. 7, Vilnius, is 27794 EUR.
When is the auction taking place for the building at Srovės g. 7?
The auction runs from 2026-06-22 09:00:00 until 2026-06-23 13:59:59.
What are the required security deposit and registration fee for this property?
The security deposit is 2500 EUR, and the registration fee is 10 EUR.
What is the total area of the building and when was it constructed?
The building's total area is 68.30 sqm, and it was constructed in 1977.
Does the building have water and sewage utilities?
The building does not have installed utility connections, meaning no water or sewage networks.
Will VAT be applied to the final price?
Yes, if the winning bidder is a VAT payer, 21% VAT will be added to the final sale price.
When can the building at Srovės g. 7 be inspected?
Inspections are scheduled for June 12–17, 2026, from 9:00 to 16:00 at Srovės g. 7, Vilnius.