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Co-ownership share - commercial or industrial property for 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

Nov 2, 2026

Auction Price

€245,025

Market Value

€318,532.5

Starting Bid

€245,025

Auction Date

November 2, 2026

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Description

For sale is a 1/2 co-ownership share of a property located in Võru County, Setomaa Municipality, Mikitamäe Village, Mäe Street 8a. The size of the property is 5,621 m² and it is entirely designated as industrial land. On the property, there is a grain dryer and storage facility with a closed net area of 1,157.3 m², which has been in use since 1975. The property is registered in the Tartu County Court land register under registration section no. 2709538. The property is not in the direct possession of a bailiff, and the bailiff will not arrange the transfer of possession to the new owner. A share of the property is being sold, not the entire property. The auction is organized by bailiff Oksana Kutšmei. The starting price is €245,025 and the deposit is €15,000. The bidding increment is €2,000. Registration will take place from 08.10.2026 11:00 to 02.11.2026 11:00. The auction will run from 02.11.2026 12:00 to 09.11.2026 11:00. The deadline for the deposit payment is 02.11.2026 11:00. An expert appraisal of the property is available for review at the bailiff's office. There are two co-owners of the property: OÜ Varnelia (registration code 11201492) and Niitsiku Agro OÜ (registration code 12822405), each holding a 1/2 co-ownership share. Fixatia offers you verified auction properties throughout Europe.

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 2026-10-24
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