Flat for sale in Sant Boi de Llobregat, Barcelona

Special conditions sale - auction assignment modality

House in Sant Boi de Llobregat (Barcelona) property in assignment of award without possession.

What is an assignment of award? An assignment of award is the legal process by which the person or entity that wins a court auction (the awardee, often a bank) transfers their right to acquire an auctioned asset to a third party (assignee) before the property is formalized, allowing the latter to keep the asset by paying an agreed price, a popular option for investors seeking to acquire properties at opportunistic prices.

The acquisition of the advertised property will be carried out exclusively through an assignment of award, within the framework of the ongoing judicial auction process, with no possibility of direct sale.

All costs of the public sale and those arising from the cancellation of charges, and the debts that may burden the property, such as, and not exhaustively, community fees and IBI (property tax), will be borne by the awardee. (The law requires the awardee to bring up to date the community charges 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, therefore the buyer must have sufficient liquidity to complete the purchase.

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

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