Apartment for sale in Griñón, Madrid

Special conditions sale - bid transfer modality

Home in Griñón (Madrid) property under bid transfer without possession.

What is a bid transfer? A bid transfer is the legal process by which the person or entity that wins a judicial auction (the successful bidder, often a bank) transfers their 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 opportunistic prices.

The acquisition of the advertised property will be carried out exclusively through bid transfer, 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 applicable, encumber the property, such as, and not limited to, community fees and IBI (property tax), will be borne by the successful bidder. (The law requires the purchaser to update the community and IBI for the last 4 years if debt exists)

The occupancy status of the property is unknown. The property cannot be visited and cannot be mortgaged for its purchase, so the buyer must have sufficient liquidity to purchase.

If the client requests, our professionals (lawyer and solicitor) can handle the judicial proceeding up to the handover of the keys. Fees for this service are not included in the price; please 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.