Flat for sale in Algodonales, Cádiz

Special conditions sale - remate assignment modality

Residential property on Ruiseñor Street, Algodonales (Cádiz) property in remate assignment without possession.

Opportunity for investors.
What is a remate assignment? A remate assignment is the legal process by which the person or entity that wins a court auction (the adjudicator, often a bank) transfers its right to acquire an auctioned property to a third party (assignee) before the property 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 remate assignment, within the framework of the ongoing court auction process, 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, burden the property, such as, and not exhaustively, community fees and property tax (IBI), will be borne by the adjudicator. (Law requires the adjudicator to bring the community and IBI up to date for the last 4 years if there is any debt).

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.

If the client requests it, our professionals (lawyer and procurator) can handle your judicial procedure up to the obtaining of the keys. The fees for this service are not included in the price, 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.