Flat for sale in Novelda, Alicante

Property for sale in Novelda (Alicante) property with issues: property not in possession.

A bid assignment is nothing more than a property that has not been sold at a judicial auction and that is now being marketed before being registered in the name of the auction purchaser. 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 applicable, 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 successful 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. The property cannot be viewed and cannot be mortgaged for purchase, so the buyer must have sufficient liquidity to purchase. 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 be responsible for the procedures necessary to obtain possession of the property.

The acquisition of the advertised property will be carried out exclusively through a bid assignment, within the framework of the judicial auction process in which it is currently, with no possibility of direct sale.

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