Flat for sale in La Línea de la Concepción, Cádiz

Special conditions sale - auction assignment modality

Dwelling in La Línea de la Concepción (Cádiz) property in assignment of remate without possession.

Opportunity for investors.
What is an assignment of remate? An assignment of remate is the legal process by which the person or entity that wins a court auction (the adjudicatario, often a bank) transfers its right to acquire a foreclosed property to a third party (cesionario) before the ownership is formalized, allowing the latter to acquire 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 by means of assignment of remate, within the framework of the judicial auction process in which it currently lies, 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 any, encumber the property, such as, non-exhaustively, community fees and IBI (property tax), will be borne by the adjudicatario. (The law requires the adjudicatario to bring up to date the community and IBI for the last 4 years if there is debt).

The occupational state of the property is unknown. Said property cannot be visited nor can it be mortgaged for purchase, so the buyer must have sufficient liquidity to complete the purchase.

If the client requests, our professionals (lawyer and procurator) can handle your judicial procedure until the keys are obtained. Fees for this service are not included in the price, 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.