This real estate auction corresponds to a garage located on Calle Pensamiento, number 54, Phase II, in Fuengirola, Málaga. This is a parking lot marked with the number seventy-eight, located in the first basement of a building under construction in the second phase of an urban complex in the urbanization Torreblanca del Sol. The constructed surface, including common elements, is sixteen metres with seventy-seven square decimeter. The garage is adjacent to the front with a common area, to the right with parking number seventy-seven, to the left with parking number seventy-nine, and to the bottom with a wall. The corresponding fees for this garage are 0.13% in its phase and 0.05% in the whole. As for the procedure of the auction, it is carried out by the competent body of the Spanish government in charge of the management of these real estate. Those interested in participating must comply with established requirements, such as providing an economic guarantee and complying with existing regulations. The auction is conducted in a public and transparent manner, where bidders are making their bids upward until the highest price is reached. Once the auction is over, the bidder who has offered the highest amount becomes the new owner of the auctioned garage.
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