Flat for sale in Badalona, Barcelona

Sale under special conditions - loan assignment mode

Home in Badalona (Barcelona) property in loan assignment without possession.

What is a loan assignment? A loan assignment is the legal process by which the person or entity that wins a judicial auction (the adjudicator, often a bank) transfers its right to acquire an auctioned asset to a third party (assignee) before the ownership is formalized, allowing the latter to keep the asset by paying an agreed price, a popular option for investors seeking to acquire properties at opportunity prices.

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

All costs of the public sale and those arising from the cancellation of charges, and the debts that, if applicable, encumber the property, such as, and not exhaustively, community fees and property tax (IBI), will be borne by the adjudicator. (The law requires the adjudicator to update 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 visited and cannot be mortgaged for purchase, so the buyer must have sufficient liquidity to complete the purchase.

If the client requests, our professionals (lawyer and solicitor) can handle the judicial procedure up to the obtaining of the keys. The fees for this service are not included in the price, please consult us.

The purchase price does not include taxes, registry, and agency fees. The photograph does not correspond to the property, only the approximate location.