Flat for sale in Badalona, Barcelona

Special conditions sale - eviction rights assignment modality

Home on Sant Frederic Street, Badalona (Barcelona) property in eviction rights assignment without possession.

Opportunity for investors.
What is an eviction rights assignment? An eviction rights assignment is the legal process by which the person or entity that wins a court auction (the adjudicator, often a bank) transfers their right to acquire a foreclosed property 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 bargain prices.

The acquisition of the advertised property will be carried out exclusively by eviction rights assignment, within the framework of the judicial auction process in which it currently resides, with no possibility of direct sale.

All costs of the public sale and those derived 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 the responsibility of the adjudicator. (The law requires the adjudicator to bring up to date the community and IBI for the last 4 years if there is debt)

The occupancy status of the property is unknown. The property cannot be visited nor can it be mortgaged for purchase, so the buyer must have sufficient liquidity to acquire it.

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

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