Are you interested in acquiring real estate at competitive prices? Judicial auctions offer an excellent opportunity to do so. At La Clau Brava we help you make the most of this option.
History and Evolution of Judicial Auctions
Judicial auctions have their roots in ancient Rome, where they were used for the public sale of State property. Today, the process has evolved significantly thanks to technology, allowing auctions to be conducted telematically through the Auction Portal of the BOE, as a result of Law 19/2015.
What is a Judicial Auction?
A judicial auction is a forced sale ordered by a judge to cancel a debt. If a debtor does not pay voluntarily, he is forced to sell his assets to settle the debt.
The starting price is fixed in the deed of the mortgage loan, and the auction begins with a call for bids in the BOE Portal. To participate, 5% of the auction value must be deposited.
Types of Auctions and Goods Auctioned
There are three types of auctions:
- Judicial: Held in the courts.
- Administrative: For debts with entities such as Social Security or the Tax Authorities.
- Private: Carried out by companies or individuals.
The assets auctioned may include urban real estate, rural land, usufruct rights, vehicles, jewelry, among others.
Risks and How to Mitigate Them
Although judicial auctions offer advantages, they also present risks such as illegal occupation of the property or difficulties in registering the award in the Land Registry. At La Clau Brava, our expert team provides you with comprehensive advice, ensuring that your investment is safe and profitable.
Why Choose La Clau Brava?
With more than 10 years of experience in the real estate world and 5 years dedicated exclusively to auctions, our expert Arlesis Zapata offers you a meticulous and transparent service. We accompany you in every step of the process, from the analysis of the property to the final award, valuing all the existing charges and ensuring your investment.
Contact us today and start investing safely and successfully with La Clau Brava!
