This real estate auction corresponds to a property registered in the Property Register number 2 of Torrejón de Ardoz, in volume 3240, book 99, folio 103, estate number 2786. The property in question is precisely detailed in the above-mentioned records, ensuring its legality and ownership. This type of auction, organized by a government agency, follows specific procedures for carrying out the sale of the property. First, an output value is set for the auction, which can vary depending on various factors such as the state of the property, its location, among others. Those interested in participating in the auction must meet certain requirements, such as providing an economic guarantee that is usually a percentage of the output value. During the auction, the participants make their bids publicly and transparently, and the property is awarded to the bidder who offers the highest amount. Once the auction is concluded, the buyer must make the corresponding payment and the sale will be formalized through the signature of deeds before notary. It is important to note that this type of auctions are an opportunity to acquire properties at competitive prices, but it is essential to have legal advice to ensure a safe and uncomplicated transaction.
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