Flat for sale in Lucero, Madrid city, Madrid

Special conditions sale - remate assignment mode

Home in (Madrid) property in remate assignment without possession.

What is a remate assignment? A remate assignment is the legal process by which the person or entity that wins a judicial auction (the adjudicatary, 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 take 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 remate assignment, 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 debts that, if any, burden the property, such as, and not exhaustively, community fees and property tax (IBI), will be borne by the adjudicatary. The law requires the adjudicatary to bring up to date the community and IBI for the last 4 years if there is any debt.

The occupational status of the property is unknown. The said property cannot be visited nor may it be mortgaged for its purchase, so the buyer must have sufficient liquidity for the purchase.

If the client requests, our professionals can attend to their judicial procedure up to obtaining the keys. Fees for this service are not included in the price, please consult us.

Taxes, registration and agency fees are not included in the purchase price. The photograph does not correspond to the property, only the approximate location.