📝 Description
A property is being sold via public auction managed by nekilnojamasis turtas viešame Kauno miesto savivaldybė: an apartment located at Olandų street 7 in Kaunas, designated as unit number 8, with a 1/1 joint ownership share. This is an attic unit situated in the loft space of a 2-story log building. The total living area of the apartment is 24.03 square meters. The buyer also gains ownership of shared common areas: a-1 (6.19 sq. m), b (17.70 sq. m), and c (2.75 sq. m). This complex is marked as 1A1m on the plan.
The starting public auction price is 24300 EUR. The bidder registration fee is 100 EUR (non-refundable and not credited toward the purchase price). A Security Deposit of 2430 EUR is also required. This security deposit will be returned within 5 business days if the participant does not win the auction.
The auction will take place online: registration is accepted from 2026-08-19 00:00:00 to 2026-08-19 23:59:59. The auction itself starts on 2026-08-21 09:00:00 and concludes on 2026-08-24 13:59:59.
Property viewing is scheduled for August 11, 2026. Advance registration for the viewing is mandatory by 16:00 on August 10, 2026.
Important sale conditions: The purchase and sale agreement must be concluded within 60 days of the auction date, and the full price must be paid no later than 10 days after the contract is signed. Failure by the winner to attend and sign the contract within 60 days, due to their own fault, will result in forfeiture of the security deposit and liability for the costs of a new auction. The buyer covers all costs associated with the property transfer. The sales contract cannot be concluded with individuals restricted by law from acquiring ownership of real estate in the Republic of Lithuania.
The starting public auction price is 24300 EUR. The bidder registration fee is 100 EUR (non-refundable and not credited toward the purchase price). A Security Deposit of 2430 EUR is also required. This security deposit will be returned within 5 business days if the participant does not win the auction.
The auction will take place online: registration is accepted from 2026-08-19 00:00:00 to 2026-08-19 23:59:59. The auction itself starts on 2026-08-21 09:00:00 and concludes on 2026-08-24 13:59:59.
Property viewing is scheduled for August 11, 2026. Advance registration for the viewing is mandatory by 16:00 on August 10, 2026.
Important sale conditions: The purchase and sale agreement must be concluded within 60 days of the auction date, and the full price must be paid no later than 10 days after the contract is signed. Failure by the winner to attend and sign the contract within 60 days, due to their own fault, will result in forfeiture of the security deposit and liability for the costs of a new auction. The buyer covers all costs associated with the property transfer. The sales contract cannot be concluded with individuals restricted by law from acquiring ownership of real estate in the Republic of Lithuania.
❓ Frequently asked questions
What is the starting price for the real estate at the Kauno miesto savivaldybė auction?
The starting price for the real estate is 24300 Eur.
When is the auction for the apartment at Olandų g. 7 taking place?
The auction starts on 2026-08-21 09:00:00 and ends on 2026-08-24 13:59:59.
What is the total area of the apartment for sale in Kaunas?
The apartment area is 24.03 sq. m, additionally qualifying for 26.64 sq. m of common areas (totaling 50.67 sq. m including the shared portion).
What are the additional fees for participating in the auction?
A Security Deposit of 2430 EUR is required, along with a 100 EUR Registration Fee which is non-refundable.
When can I view the property at Olandų g. 7?
The property viewing will take place on August 11, 2026. Advance registration is required by 16:00 on August 10, 2026.
How soon after winning must the full price be paid?
The full property price must be paid no later than 10 days after the purchase and sale agreement is signed into the Eur Kauno miesto savivaldybė account.