Valakbūdis is a village in Šakiai District Municipality, in Marijampolė County, Lithuania. Valakbūdis lies at 41 m above sea level. The nearest city is Marijampolė, 51 km to the southeast. Among the landmarks around are Panemunė Castle (19.4 km), Christmemel (17.0 km) and Jurbarkas Bridge (17.3 km).
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