Apartment for sale in Manzanares el Real, Madrid

Sale of housing in Manzanares el Real (Madrid) property with issues: property without possession.

A remnant assignment is nothing more than a property that has not been sold at a judicial auction and is now being marketed before being registered in the name of the auctioneer. The property is transferred free of mortgage charges.
All costs of the public sale and those arising from the cancellation of charges, and the debts that, if any, burden the property, such as, and not exhaustively, community fees and IBI, will be the responsibility of the adjudicatee. (The law requires the adjudicatee to bring up to date the community and IBI of the last 4 years in case there is debt)

The occupancy status of the property is unknown. This property cannot be visited nor can it be mortgaged for purchase, so the buyer must have sufficient liquidity for the purchase. The property has been acquired through a judicial procedure (concursal or hipotecario) by the seller, who has not yet taken possession of it. The buyer will bear the procedures involved in obtaining possession of the property.

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

The price does not include ITP and registration fees. The photograph does not correspond to the property, only the approximate location.