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Auction sale of other property in Sant Antoni de Portmany, Balears district

starting price: € 218842
area: 76 m2

This real estate auction consists of the sale of an urban estate located on the ground floor in a state of ruin, located on the street Alicante number 12 bajo, in the town of Sant Antoni de Portmany. The property is registered in the Property Register number 4 of Ibiza, with the estate 3229, volume 1753, book 325 and folio 144. According to the register, the land area is 96 m2, while the constructed area is 76 m2. According to the cadastre, the land area is 100 m2. The auction process implies that interested parties submit their tenders in writing, indicating the price and payment terms they propose. The auction will be held in public, where participants will be able to make successive offers until the highest price is reached. Once the auction is concluded, the lot shall be awarded to the bidder who has offered the highest quantity, provided that it meets the conditions established by the organising entity. It is important to bear in mind that as a property in a state of ruin, an additional investment is likely to be required for its rehabilitation or reconstruction. Stakeholders should conduct a detailed property inspection before participating in the auction, to assess their status and determine the extent of any necessary improvement works.

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