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Co-ownership share - commercial or industrial property at auction - Mikitamäe, 1157.3 m²

Mäe tn 8a, Mikitamäe küla, Setomaa vald, Mikitamäe, Võru County

+23% ROI

Bedrooms

-

Bathrooms

-

Size

1157.3 m²

Auction Date

Oct 26, 2026

Auction Price

€245,025

Market Value

€318,532.5

Starting Bid

€245,025

Auction Date

October 26, 2026

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Description

Found on Fixatia, your European property auction guide. A share of a co-ownership is for sale, which includes a warehouse building and a dryer, registered as a grain storage facility (building registry code 120681593). The property size is 5,621 m², with 100% of the area designated for production use. The closed net area of the warehouse building is 1,157.3 m², and it has been in use since 1975. Varnelia OÜ owns and operates the warehouse building and dryer located on the property, as well as the necessary land area for their servicing. The Setomaa Municipal Government has issued a building permit for the expansion and reconstruction of the grain storage facility, as well as an occupancy permit for the expanded grain storage facility. This is a sale of a co-ownership share, not the entire property. The auction will be conducted by bailiff Oksana Kutšmei. The bankruptcy trustee must be notified of any rights to the property being sold before the auction begins if they have not already been notified. The auction organizer is Olev Kuklase, the bankruptcy trustee. The starting price is €245,025, the deposit is €20,000, and the bidding increment is €2,000. Registration will take place from 30.09.2026 17:00 to 23.10.2026 17:00, and the auction will run from 26.10.2026 11:00 to 02.11.2026 17:00. The deadline for the deposit payment is 23.10.2026 17:00. The land registry part is 2709538.

Property Details

Property Type
Commercial
Year Built
1975
Plot Size
5621 m²
Floors
1

Location

Mäe tn 8a, Mikitamäe küla, Setomaa vald, 64301 Mikitamäe, Võru County, EE

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Site Feasibility Report

Environmental, terrain, and flood risk assessment powered by EU geospatial data

Overall Risk Score: 6/100

Flood Risk
5
Environmental
5
Terrain
10

Flood Risk

Flood Zone:No Flood Zone
Return Period–
Flood Depth–
Dist. to Water–
Landslide RiskNone
Coastal Erosion
Estimated
Fallback (ee)

Environmental

Natura 2000
National Park
Nature Reserve
Protection LevelNone
Planning RestrictionNone

Advantages

  • Not in a flood zone
  • No environmental restrictions
  • Good solar energy potential
Data Sources:Elevation-based estimate (Copernicus DEM)EEA Natura 2000 + CDDAPVGIS 5.2 (CM-SAF SARAH-2 satellite data)Report generated 2026-10-27
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