Apartment for sale in Sant Joan de Vilatorrada, Barcelona

Sale in special conditions - bidding assignment modality

Home in Sant Joan de Vilatorrada (Barcelona) property in sale assignment without possession.

What is a sale assignment? A sale 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 asset 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 opportunistic prices.

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

All costs of the public sale and those arising from the discharge of charges, and the debts that, if applicable, burden the property, such as, and not exhaustively, community fees and IBI, will be borne by the adjudicator. (The law requires the adjudicator to bring up to date the community and IBI for the last 4 years in case there is debt).

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

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