This real estate auction corresponds to the property number 26803, inscribed in folio 96 of book 1389 of the Property Registry number 3 of Vigo. It is a rustic property, destined for farming, located in the parish of San Pelayo de Navia, in the municipality of Vigo, known as "Cabadiña". The unique registration code of this estate is 36018000152228. The procedure of the real estate auction organized by the Spanish government agency consists of several steps. First, the auction call is published with the detailed description of the goods to be auctioned, as in this case the mentioned rustic estate. Subsequently, the conditions of the auction are laid down, including the exit price and the guarantees to be presented by the interested parties. Those interested in participating in the auction must comply with the requirements established by the body, such as depositing a bond in order to be able to make an offer. During the auction, the participants submit their bids in a public and transparent manner, and the property is awarded to the bidder who has offered the highest amount. Upon completion of the auction, the successful tenderer must make the corresponding payment within a specified period of time and formalise the sales deed before a notary. It is important to bear in mind that in the event of failure by the successful tenderer to comply with the obligations, the penalties provided for in the legislation in force may be applied.
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