Flat for sale in El Puerto de Santa María, Cádiz

Sale of housing in the port of Santa Maria (Cadiz) dwelling with issues: property without possession.

Opportunity for investors! A remate (auction) cession is nothing more than a property that has not been sold at a judicial auction and is now being marketed before being registered in the name of the auctioneer. The property is transferred free of mortgage charges.
All costs of the public sale and those arising from the cancellation of charges, and the debts that, if any, burden the property, such as, and not exhaustively, community fees and property tax (IBI), will be charged to the successful bidder. (The law requires the bidder to bring up to date the community and IBI for the last 4 years if there is any debt)

The occupancy status of the property is unknown. Said property cannot be visited nor can it be mortgaged for purchase, so liquidity sufficient for its purchase must be available. The property has been acquired through a judicial procedure (insolvency or mortgage) by the seller, who has not yet taken possession of it. The buyer will bear the procedures involved in obtaining possession of the property.

The acquisition of the advertised property will be carried out exclusively by means of remate transfer, within the framework of the judicial auction in which it currently stands, with no possibility of direct sale.

Not included in the price are the costs of transfer tax (ITP) and registration.
The photograph does not correspond to the property, only the approximate location.