This real estate auction refers to the sale of a house located in Av. Palm Mar El, 2 5 00 0, 38632 - Arona (S.C. de Tenerife). It is the undivided urban half number one hundred and forty-five, identified as housing 3003, located on the ground floor of the portal 6 of block III (North Wave) of the real estate complex Las Olas, in the urbanization Palm-Mar, in the place known as La Arenita. The house has a constructed area of 85.31 m2, a useful area of 73.13 m2 and an area destined for terraces of 67.50 m2. In addition, it includes a garage G118 (with a constructed area of 12.97 m2 and a useful area of 11.76 m2) and a storage room T118 (with a constructed area of 8.10 m2 and a useful area of 7.31 m2), both located in the basement floor of block III. The house is located in a privileged area and has spacious and comfortable spaces, ideal for living or as an investment. The auction procedure implies that those interested in acquiring this property must submit their offers of purchase in accordance with the conditions established by the government agency in charge of the auction. A basic departure price shall be established and participants may make their offers within the prescribed time limit. Once the bidding period has ended, the property will be awarded to the bidder who has submitted the highest bid, provided that it meets the requirements. It is important to bear in mind that there are regulations and legal procedures that must be followed to formalize the purchase of housing.
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