Atlas Property auctions

Apartment in Albufeira

At auction Sale by electronic auction — property in liquidation

Apartment T1 · Albufeira e Olhos de Água, Albufeira   −38% vs Atlas estimate

191 250 €minimum value · full breakdown in the auction section
Atlas analysis
−38%

Realistic acquisition price (191 250 €) against the Atlas market estimate for the parish (309 120 €). Indicative estimate.

Features

Type
Apartment
Typology
T1
Private area
84.0 m²
Total area
95.0 m²
Parish
Albufeira e Olhos de Água
Municipality · District
Albufeira · Faro
Atlas Walk Score
65/100
Very walkable
Most daily errands can be done on foot.
What makes up the score
📍 Shops, cafés & services on foot35/35
🚇 Public transport nearby19/20
🏙️ Urban density2/20
🌳 Green space nearby0/15
🛏️ Neighbourhood tourist activity9/10
94 points of interest within 300 m · OpenStreetMap · INE 2021 · Airbnb

Property description

Fraction BS of the urban building under horizontal property ownership, corresponding to the 3rd floor, T1 type apartment, located in Areias de São João, Albufeira, in the parish of Albufeira and Olhos de Água, municipality of Albufeira, description no. 7539 – fraction BS, cadastral article 7376 fraction BS, located on Rua Alexandre Herculano - Albufeira, Conjunto Ria Formosa; although described in the respective property description as T1, it has two bedrooms, bathroom, living room and kitchen of the "open space" type. The visit(s) will be carried out on the date(s) announced in this publication, and will not be scheduled for the five working days prior to the closing of the auction.

Content automatically translated — the original text is in Portuguese.

Auction details

Sale managed on the official e-leiloes.pt platform — Atlas aggregates the information and is not a party to the transaction.

Format
Online auction
Base value
225 000 €
Minimum value
191 250 €
Current bid
126 768 €
Auction start
23/05/2026 00:00
Auction end
24/06/2026 11:00

Current bid (126 768 €) recorded on 30/05/2026 06:09 — not a real-time value.

⚠ Important warnings before bidding

  • The property is sold as-is, with no warranties. It may not be licensed and its characteristics may not match the documentary records — bringing it into compliance is the buyer's responsibility.
  • The highest bid does not guarantee the award: payment of the debt, exercise of a right of first refusal by third parties, a challenge to the sale, insolvency/PER proceedings or the death of the debtor may all prevent it.
  • A bid submitted on e-leiloes.pt is irrevocable.
  • Information about the property is the sole responsibility of the enforcement agent. Visit the property and check the documentation before bidding, and seek advice from a solicitor or lawyer.
  • Atlas's discount analysis is merely indicative, based on the parish's median prices; the real value depends on the property's condition.
View the official listing on e-leiloes.pt →

Source: e-leiloes.pt (reference LO1483132026) — consult the official listing and documentation before any bid.

Analyse in the Atlas simulator

Atlas aggregates this information for informational purposes and is not a party to the transaction. The discount analysis is indicative, based on the parish's median prices.