Co-ownership share - commercial or industrial property at auction - Mikitamäe, 1157.3 m²
Mäe tn 8a, Mikitamäe küla, Setomaa vald, Mikitamäe, Võru County
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
Can't visit in person? A local Scout will conduct a live, GPS-verified video tour with internet speed tests, noise measurements, and real-time Q&A.
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
Site Feasibility Report
Environmental, terrain, and flood risk assessment powered by EU geospatial data
Overall Risk Score: 6/100
Flood Risk
Environmental
Advantages
- Not in a flood zone
- No environmental restrictions
- Good solar energy potential
Auction Price
€245,025
Market Value
€318,532.5
Starting Bid
€245,025
Auction Date
October 26, 2026
Can't visit in person? A local Scout will conduct a live, GPS-verified video tour with internet speed tests, noise measurements, and real-time Q&A.
Source: oksjonikeskus_ee
Added: 10/27/2026
Last updated: 10/27/2026
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How Fixatia Helps
Fixatia connects investors with European auction properties and vetted professionals. We handle the research - you make the investment.
Find Properties
We aggregate auction data from government portals across Europe
Calculate ROI
Our calculator shows true investment potential including subsidies
Get Connected
We connect you with vetted lawyers, brokers, and contractors