📝 Description
An undeveloped property, part of a complex, is being sold via auction in Kaunas city municipality at Alyvų g. 41. Up for sale is a 1/1 share of the building, identified as Building – Kluonas 3F1/m (Unique No. 1992-5000-4029), totaling 762.57 sq. m. It is sold together with the associated land plot (Unique No. 4400-6626-1781) covering 0.2939 ha.
The object is sold in its current physical and functional condition, based on property register data. The building, Kluonas 3F1/m, is unfinished, with a completion rate of 51 percent. Importantly, the property currently lacks utility connections. The seller, AB Turto bankas, assumes no responsibility for updating the cadastral status or removing any items present on site. Potential buyers are strongly advised to conduct a thorough, on-site inspection and assess all legal, financial risks, and potential operating costs associated with purchasing this type of asset.
The initial sale price structure is detailed: 96 694,27 EUR for the building share plus 20 305,80 EUR VAT, and 992,93 EUR for land plot preparation costs, totaling 117 993,00 EUR. The auction participant registration fee is 100 EUR, and the total security deposit is 11 799 EUR.
The auction runs from 2026-08-03 09:00:00 until 2026-08-04 13:59:59. Registration is open from 2026-07-27 00:00:00 to 2026-07-29 23:59:59.
The seller is Akcinė bendrovė Turto bankas (Company Code 112021042), and the owner listed is Lietuvos Respublika (Code 111105555). Payments for registration and the security deposit can be made via Neopay or by bank transfer to AB SEB banko sąskaitą LT96 7044 0600 0000 0795 (payment reference: e-auction number). Draft sale and purchase agreements are publicly available.
The object is sold in its current physical and functional condition, based on property register data. The building, Kluonas 3F1/m, is unfinished, with a completion rate of 51 percent. Importantly, the property currently lacks utility connections. The seller, AB Turto bankas, assumes no responsibility for updating the cadastral status or removing any items present on site. Potential buyers are strongly advised to conduct a thorough, on-site inspection and assess all legal, financial risks, and potential operating costs associated with purchasing this type of asset.
The initial sale price structure is detailed: 96 694,27 EUR for the building share plus 20 305,80 EUR VAT, and 992,93 EUR for land plot preparation costs, totaling 117 993,00 EUR. The auction participant registration fee is 100 EUR, and the total security deposit is 11 799 EUR.
The auction runs from 2026-08-03 09:00:00 until 2026-08-04 13:59:59. Registration is open from 2026-07-27 00:00:00 to 2026-07-29 23:59:59.
The seller is Akcinė bendrovė Turto bankas (Company Code 112021042), and the owner listed is Lietuvos Respublika (Code 111105555). Payments for registration and the security deposit can be made via Neopay or by bank transfer to AB SEB banko sąskaitą LT96 7044 0600 0000 0795 (payment reference: e-auction number). Draft sale and purchase agreements are publicly available.
❓ Frequently asked questions
What is the location and main specification of the real estate object?
The property is located in Kaunas city municipality, at Alyvų g. 41. It is an unfinished building (Kluonas 3F1/m) with an area of 762.57 sq. m and an associated land plot of 0.2939 ha.
What is the starting price for the unfinished building and land plot at auction?
The total starting sale price for the real estate complex is 117 993,00 EUR, which includes the value of the building share, VAT, and land plot preparation expenses.
When will the real estate auction take place at Alyvų g. 41?
The auction starts on 2026-08-03 09:00:00 and ends on 2026-08-04 13:59:59. Registration takes place from 2026-07-27 to 2026-07-29.
What additional fees must be paid to participate in the auction?
You must pay a 100 EUR registration fee and an 11 799 EUR security deposit. Payments can be made via Neopay or bank transfer.
What is the current condition of the property and what limitations apply?
The building is 51% complete and lacks utility connections. The property is sold as-is, based on its existing physical and functional state. The buyer must independently assess operational possibilities.
Where can the real estate in Kaunas be inspected?
Property viewings can be arranged by scheduling a time with the commercial activities manager before the auction registration period begins.