This year, the electronic auctions and competitions that took place in July-September helped their organizers earn almost 6 million. euros more – this was the difference between the initial and final sale price of the property after adding up all of them in the last quarter portal auctions and competitions that have taken place are published by the Center of Registers, which administers the portal.
“The electronic possibility to realize the property allows the organizers of auctions and tenders to achieve the greatest effect – in one case it can be higher income for the company that sold the unnecessary property or income to the municipal budget, in the other case it is a larger amount that the insolvency administrator or bailiff will be able to return to creditors,” says Laurynas Ivinskis, Head of the Maintenance IS Management Department of the Registry Center.
According to the data of the Register Center, in the third quarter of this year, 3.1 thousand were published on the e-bidding and auction portal. new e-auctions and competitions, 1.2 thousand e.auctions and tenders, and the value of the property sold during them reached 38.9 million. euros. The initial price of all objects sold during the quarter was 33.2 million. euros.
In the auctions announced by bailiffs, property was sold for almost 5 million in the third quarter of this year. euros, in municipal auctions – for 1 million. EUR 19.2 million in the competition for insolvency administrators. euros, , in the auctions of other institutions – for 2.5 million. euros. In the third quarter, there were also auctions organized by Turto banka for 8.4 million. euros.
“The prices of the most sold property arose in insolvency administrators’ competitions, in the auctions announced by the National Land Service and the Property Bank, where land plots were sold. The biggest interest of the participants was once again the auctions announced by various institutions, where various vehicles or agricultural machinery are sold”, L. Ivinskis reviews the results of e-auctions and competitions in the third quarter.
Among the catches are guesthouses and houses in resorts
The most expensive object sold in e-auctions and competitions in the third quarter of this year was the Turto Bank auction for almost 3 million. The premises of the former Management Security Service, located in Vilnius, on Pamėnkalni Street, were sold for EUR.
This time, he came in second place in the competition announced by the insolvency organizer for 1.9 million. The Alex Reed house on Vytenios Street in the capital, which has found new owners for EUR. Third place was also taken by the competition announced by the insolvency organizer, in which it was possible to find a buyer for the administrative premises of the company “Glasma service” which was liquidated due to bankruptcy. Buyers agreed to pay almost 1.3 million for this production complex located in Vilnius district, Nemenčinė. euros.
Among the most expensive objects sold, it was also included in the insolvency administrator’s competition for almost 1 million. recreation building realized in Palanga. And he finished the top five in the bailiff competition for almost 0.7 million. A residential house and a plot of land in Trakai were sold for EUR.
The electronic property realization service has been provided by the Registry Center since 2013. Since the creation of electronic services, about 33 thousand electronic tenders and auctions where assets were sold for more than 1 billion euros.
The e-auctions and auctions portal allows residents and business entities to participate remotely in electronic auctions conducted by bailiffs and insolvency administrators and in electronic auctions for the sale or lease of state, municipal and private sector property. Those using the created electronic services can actively participate in competitions and auctions, experiencing the lowest costs in rental tenders.
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