Property Auctions
Forecolsures, Revenue, Government

Property Auctions
Forecolsures, Revenue, Government

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Residential

Auction sale of residential property in Lugo, district Lugo

starting price: € 115000
area: N/A

This real estate auction is organized by the Government of Spain through a government agency. Real estate that has been seized for various reasons, such as non-payment of taxes or mortgages, is put on sale. The properties that are auctioned can be of various kinds, such as flats, houses, land, commercial premises, among others. Each property has a detailed description that includes information such as location, size, distribution, conservation status, associated charges or debts, and any other relevant features. The auction procedure usually begins with the publication of a catalogue containing all available properties, detailing the conditions of the auction, the deadlines, the requirements for participation, and the date and place of the auction. Those interested in participating must meet certain requirements, such as making a deposit as a guarantee, submitting personal documentation, and being aware of their tax obligations. During the auction, the participants make offers for the properties they are interested in, and the property is awarded to the bidder who makes the highest bid. Once the property has been awarded, the buyer must complete the payment within a certain period of time and take care of all the formalities necessary to formalize the purchase, such as the cancellation of charges and the registration of the property.

This auction had ended 15 days ago , but if you register in Andreshko, you can find similar properties and see all active property auctions for free!