Commercial for sale in Torrevieja, Alicante

Sale under special conditions - auction assignment modality

Home on Calle Sal, Torrevieja (Alicante) property in auction assignment without possession.

Opportunity for investors.
What is an auction assignment? An auction assignment is the legal process by which the person or entity that wins a judicial auction (the adjudicator, often a bank) transfers their right to acquire an auctioned property to a third party (assignee) before ownership is formalized, allowing the latter to take 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 an auction assignment, within the framework of the judicial auction process in which it is currently, with no possibility of direct sale.

All costs of the public sale and those arising from the cancellation of charges, and debts that, if applicable, burden the property, such as, and not exhaustively, community fees and IBI (property tax), will be borne by the adjudicator.

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 for the purchase.

If the client requests, our professionals (lawyer and solicitor) can handle their judicial procedure until the keys are obtained. 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.