Are you interested in acquiring properties 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 trace their roots back to ancient Rome, where they were used for the public sale of state properties. Today, the process has evolved significantly thanks to technology, allowing auctions to be conducted telematically through the BOE Auction Portal, as a result of Law 19/2015.
What is a Judicial Auction?
A judicial auction is a forced sale ordered by a judge to settle a debt. If a debtor does not pay voluntarily, they are compelled to sell their assets to clear the debt.
The starting price is set in the mortgage loan deed, and the auction begins with a call for bids on the BOE Portal. To participate, 5% of the auction value must be deposited.
Types of Auctions and Auctioned Assets
There are three types of auctions:
- Judicial: Held in the courts.
- Administrative: For debts owed to entities such as Social Security or the Tax Agency.
- Private: Conducted by companies or individuals.
Auctioned assets may include urban properties, rustic land, usufruct rights, vehicles, jewelry, among others.
Risks and How to Mitigate Them
While judicial auctions offer advantages, they also present risks such as illegal occupation of the property or difficulties in registering the award in the Property Registry. At La Clau Brava, our expert team provides comprehensive advice, ensuring your investment is secure and profitable.
Why Choose La Clau Brava?
With over 10 years of experience in the real estate sector and 5 years dedicated exclusively to auctions, our expert Arlesis Zapata offers you meticulous and transparent service. We accompany you through every step of the process, from property analysis to final award, assessing all existing encumbrances and securing your investment.
Do not miss this opportunity. Contact us today and start investing securely and successfully with La Clau Brava!
