This real estate auction corresponds to Finca 126.102, registered in the Property Registry of Orihuela No. 2, located in the term of Orihuela. This is a duplex house, number 63, type A, in block 14 of the residential Bosque de las Lomas II. The property is located on plots IV/I-1C and I-1B of land, in the Single Implementation Unit of the Partial Plan of Sector T-2 Philippines-West. The house is composed of low and high floors, communicated by an internal staircase, distributed in different dependencies and services. It has a constructed area of sixty-four meters and forty-three square decimeter. As for the boundaries, when entering the property, from the communal area of pass, the house borders with the pass area to the front, to the right with the component one hundred thirty-eight, to the left with the communal pass area with garden in the middle, and to the back with block 17 with garden in the middle. The procedure of the real estate auction organised by the Spanish government agency includes the publication of the call in the Official Gazette of the State and on the website of the agency. Interested parties must provide a guarantee of 5 per cent of the value of valuation of the property to participate in the auction. The bid is made face-to-face on the date and place indicated, and the property is awarded to the bidder who offers the highest amount, provided that it exceeds 70% of the valuation value. Once the auction is concluded, the winner must pay 20% of the award price as a sign and dispose of the rest within a certain time frame. In case of non-compliance, the signal delivered will be lost.
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