📝 Description
An unfinished education center building (71% complete) with a 3.1283 ha land plot is for sale at auction. The property is located in Babtai town, Kaunas District Municipality, at Kauno g. 71. The unique building number is 4400-0068-3612, and the unique land plot number is 4400-4575-8040. The total building area is 497.29 sq. m.
The property is sold as-is, in its current physical and functional condition. AB Turto bankas does not commit to determining the current condition of the property or removing any items within it. Auction participants are advised to inspect the property on-site before the auction begins.
The initial sale price for the building is 330 992,03 EUR plus 69 508,33 EUR VAT and land plot formation costs of 585,64 EUR, making the total initial price 401 086,00 EUR. The building permit for reconstruction was issued on 2017-09-05.
The land plot for sale includes unregistered structures: retaining walls, temporary simple structures, and a well, which are considered appurtenances to the plot. The plot also contains an operational transformer substation belonging to third parties, subject to a statutory easement. A right-of-way easement (0.0921 ha) for vehicle access and pedestrian pathways is established.
The area is subject to land reclamation, reclamation structure protection zones, and electricity network protection zones.
The property is sold as-is, in its current physical and functional condition. AB Turto bankas does not commit to determining the current condition of the property or removing any items within it. Auction participants are advised to inspect the property on-site before the auction begins.
The initial sale price for the building is 330 992,03 EUR plus 69 508,33 EUR VAT and land plot formation costs of 585,64 EUR, making the total initial price 401 086,00 EUR. The building permit for reconstruction was issued on 2017-09-05.
The land plot for sale includes unregistered structures: retaining walls, temporary simple structures, and a well, which are considered appurtenances to the plot. The plot also contains an operational transformer substation belonging to third parties, subject to a statutory easement. A right-of-way easement (0.0921 ha) for vehicle access and pedestrian pathways is established.
The area is subject to land reclamation, reclamation structure protection zones, and electricity network protection zones.
❓ Frequently asked questions
When does the auction end?
The auction ends on 2026-11-11 13:59:59.
What is the starting price for the education center building and plot?
The starting price is 401086 EUR (including VAT and land plot formation costs).
Where is the property located?
The property is located in Kaunas District Municipality, Babtai town, at Kauno g. 71.
How can I participate in the auction?
Registration for the auction runs from 2026-11-03 to 2026-11-05. Participation is possible via online banking or bank transfer after paying the registration fee (100 EUR) and the deposit (40108 EUR).
What is the condition of the property?
The education center building is unfinished (71% complete). It is sold in its current physical and functional condition.
Are there any additional fees for participants?
The registration fee is 100 EUR, and the deposit is 40108 EUR.
Can I inspect the property?
Yes, the property can be inspected after coordinating a time individually with the representative from the Property Commercialization Department.