This real estate auction refers to an undivided rustic estate in Arafo, Tenerife. It is a seventh undivided part of the full domain of an urban plot identified as 1E in Icosia, with a total area of 653 square meters, of which 617 square meters are free area and the remaining 37 square meters are affected by road area. The estate is located to the north with the Camino La Molineta, to the south with the rest of the main estate, to the east with the plot 1F and to the west with the plot 1D. It is pending graphic coordination with the cadastre as of 24 March 2020. The auction procedure implies that the interested parties submit their economic offers in writing in a closed envelope, indicating their personal data and the reference of the property. The envelopes will then be opened and tenders evaluated. The price of departure is established on the basis of a valuation carried out previously. Upon completion of the process, the property will be awarded to the bidder who has submitted the highest bid. It is important to bear in mind that the auction is conducted in a public and transparent manner, under the supervision of a representative of the public body responsible for the auction.
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