Flat for sale in El Montmell, Tarragona

Special conditions sale - remate (auction) assignment modality

Home in El Montmell (Tarragona) 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 judicial auction (the adjudicatary, often a bank) transfers their right to acquire a foreclosed property to a third party (assignee) before the title is formalized, allowing the latter to keep 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 through remate assignment, within the framework of the ongoing judicial auction process, with no possibility of direct purchase.

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 adjudicatary.

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 the purchase.

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