Auction sale of residential property in Rincon de la Victoria, district Malaga

This real estate auction corresponds to the registered properties 38.166, 38.178 and 38.174 of the Property Registry number 7 of Malaga. This is an urban property, specifically an apartment of type B, located in Plaza San Francisco no 14, Rincón de la Victoria. The house under construction has a constructed area of 58.65 m2, with a participation in common elements of 73.40 m2 and a useful area of 51.30 m2. It is distributed in lobby, living room, two bedrooms, kitchen and bathroom. The property borders on the left with the elevator box and Doña Dolores Castillo; on the right with an A-type house; on the back with a "free zone for lights and views, by virtue of the retracting that the building makes by its border on the right entering"; and on the front with the staircase box, common corridor, elevator box and a type A dwelling on the same floor. The auction procedure implies that interested parties must submit their tenders in writing, together with a bank guarantee guaranteeing payment of 5% of the value of the property. Subsequently, the auction will be held at which the participants can make their offers face-to-face or telematics. The good will be awarded to the bidder who offers the highest price, provided that it exceeds 70% of the value of valuation. Once the award has been made, the buyer must pay the remaining amount within a specified period of time and the public deed of sale will be formalized.

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