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During the auction, the price increased by 7-8 thousand. euros
Mantas from Vilnius lives in Burbiškės near Naujininkai. His close friend was also looking for housing here. In a 7-year project “Venice”, he looked at 2 rooms of 40 m2 M. m apartment with an outdoor terrace for about 87 thousand. However, with the appearance of more than one buyer, the price rose to 95 thousand. Eur, that is, almost 10 percent.
“There were two interested buyers: a friend and another person. The broker who sold the apartment held a live auction, raising the price of the apartment by 500 euros each. The value of the apartment at auction increased up to 7-8 thousand euros. .
The friend withdrew because the price was insufficient. Although the place is good, the ads don’t stay here, the apartments are bought quickly, they hardly appear ”, says Mantas.
Price stopped on the edge of common sense
Arminas Karalius, a broker for the real estate development and services company Inreal, is not at all surprised by this situation, since internal auctions have been held very frequently lately. “I would have said otherwise a year ago, but today it is common practice. The so-called auctions are held very frequently, ”he says.
According to the interlocutor, during the auction, the price of real estate may increase by 5-10 percent on average. of the value of the home.
“For example, if the apartment had cost about 65 thousand. can go up during auction
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