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Forecolsures, Revenue, Government

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Forecolsures, Revenue, Government

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Auction sale of residential property in Bigastro, district Alicante/Alacant

starting price: € 150365
area: N/A

This real estate auction includes two properties located in Orihuela, specifically on Calle Tomás Villanueva 45 ES:1 PL:2 PT:E, in Bigastro. Both properties are registered under the registration number 7141, registered on folio 148, volume 2232, book 87 of the Property Registry number 2 of Orihuela. These are type E homes on the second floor of a building. The procedure of the real estate auction organized by the Spanish government agency consists of several steps. First, the auction is advertised in a variety of ways to attract potential stakeholders. Then, an output value is set for each property and a deadline is set for submission of bids. Those interested in participating in the auction must meet certain requirements, such as making a security deposit and submitting the required documentation. During the auction, participants may make their offers face-to-face or telematics, following the instructions of the responsible body. Once the auction is concluded, the property will be awarded to the bidder who has made the highest bid. The latter must pay the remaining amount within a certain period of time to complete the purchase. In case of non-compliance, penalties could be applied. In short, the real estate auction of the properties in Orihuela offers the opportunity to purchase housing in a specific location, following a transparent and regulated process by the relevant government entity.

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