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Auction sale of commercial property in Algorfa, district Alicante/Alacant

starting price: € 42120
area: 65.0 m2

This real estate auction is for a commercial premises on the ground floor, type B, located in Algorfa, in the building "GABINO I", with facade to the street La Paz number fourteen. The premises has a useful area of 56.65 m2 and built of 64.82 m2. It has no interior distribution and borders with a stairwell, entrance shed and water, light and telephone counter cabinets on the right, with Pedro Martínez on the left, with a light counter cabinet and Encarnación Ñiguez on the back, and with a stairwell, telephone counter cabinet and La Paz street on the front. The premises have a share in the building's common elements of 14.60 per cent. The auction procedure is organised by the competent public body, in this case, the Spanish government. A bid is made where interested parties submit their financial offers in writing and in a closed envelope. The property is awarded to the bidder who has submitted the highest bid. It is important to comply with the requirements established by the agency to participate in the auction, such as depositing a security deposit and complying with the deadlines and conditions established on the basis of the auction. Once the property has been awarded, the buyer must make the corresponding payment and complete the legal formalities for the transfer of the property to his name.

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