Flat for sale in Jerez de la Frontera, Cádiz

Special conditions sale - assignment of remate (auction)

Housing on Seneca Street, Jerez de la Frontera (Cadiz) 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 judicial auction (the adjudicatario, often a bank) transfers their right to acquire an auctioned asset to a third party (assignee) before the property is finalized, 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 through assignment of remate, within the framework of the ongoing judicial auction process, with no possibility of direct sale.

All expenses of the public sale and those arising from the cancellation of charges, and the debts that, where appropriate, encumber the finca, such as, and not exhaustively, community fees and property tax (IBI), will be borne by the adjudicatario.

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

The photograph does not correspond to the property, only the approximate location.