Property acquisition through auction
At Retama Real Estate, we provide comprehensive support throughout the auction process,
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ensuring a smooth journey from registration at the auction to receiving the keys to your new home.
Support for property acquisition through auction
Support for property acquisition through auction
- Guidance and assistance for auction participation, including application and conduct.
- Cost analysis of property acquisition.
- Property delivery schedule analysis.
- Support in registering on the e-auction platform and document uploads.
- Assistance in declaring auction participation and depositing the necessary guarantees.
- Consultative support in auction strategy formation.
- Consultative support in the process before and during the auction.
Legal property inspection / coordination of legal actions
- Coordination of ownership title inspections in collaboration with law firms.
- Verification of lease agreements in collaboration with judicial officers.
- Receipt and review of auction reports.
- Coordination and completion of the transfer of award reports and removal of encumbrances.
- Receipt of certificates from the Land Registry or Mortgage Registry.
- Sequestration, if required, and delivery of new keys.
Technical inspection and assessment of the commercial value of the property
- Assessment of the commercial value of the property
- Evaluation of the property’s investment potential.
- Technical property inspection in cooperation with a network of engineers
- Coordination and completion of the process of legalizing unauthorized constructions.
- Issuance of energy performance certificate and electronic property ID in collaboration with a network of engineers.
Loan Features
Loan amount
Up to 70% of the initial auction bid price, tailored to your financial capabilities and the property’s value.
Loan duration
Up to 40 years, depending on the borrower’s age.
Interest Rate
Fixed, variable, or a combination thereof (plus the Law 128/1975 levy).
Repayment
Through convenient monthly interest and principal installments.
At Retama Real Estate, we provide comprehensive support throughout the auction process, ensuring a smooth journey from registration at the auction to receiving the keys to your new home.