Flat for sale in San Fernando, Cádiz

Sale of property in San Fernando (Cádiz) with issues: property without possession.

A remate assignment 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, encumber the finca, such as, and not exhaustively, community charges and property tax (IBI), will be borne by the adjudicataire. (The law requires the adjudicataire to bring up to date the community and IBI for the last 4 years in case there is debt)

The occupational status of the property is unknown. This property cannot be visited nor can it be mortgaged for purchase, so the buyer must have sufficient liquidity for the purchase. The property has been acquired through a judicial proceeding (insolvency or mortgage) by the seller, who has not yet taken possession of it. The buyer will be responsible for obtaining possession of the property.

The acquisition of the advertised property will take place exclusively through a remate assignment, within the framework of the judicial auction process in which it currently remains, with no possibility of direct sale.

Purchase price does not include transfer tax and registry fees.
The photograph does not correspond to the property, only the approximate location.