Atlas Property auctions

Apartment near the beach

At auction Sale by electronic auction — property in liquidation

Apartment T2 · Armação de Pêra, Silves   −20% vs Atlas estimate

191 074 €current bid · full breakdown in the auction section
Atlas analysis
−20%

Realistic acquisition price (191 074 €) against the Atlas market estimate for the parish (239 304 €). Indicative estimate.

Features

Type
Apartment
Typology
T2
Private area
88.5 m²
Total area
106.0 m²
Parish
Armação de Pêra
Municipality · District
Silves · Faro
Atlas Walk Score
26/100
Car territory
A car is all but essential day to day.
What makes up the score
📍 Shops, cafés & services on foot7/35
🚇 Public transport nearby11/20
🏙️ Urban density0/20
🌳 Green space nearby0/15
🛏️ Neighbourhood tourist activity7/10
5 points of interest within 300 m · OpenStreetMap · INE 2021 · Airbnb

Property description

Property described in the Silves Land Registry under description 1656, relating to fraction C of the building under horizontal property ownership, located in Urbanização Quinta da Saudade, lot 7, Parish of Armação de Pera, Municipality of Silves, District of Faro, corresponding to the 1st floor left of the aforementioned building and registered in the urban property register under article no. 2813.

Notes

The goods are sold in their current physical and legal condition. It is the sole and exclusive responsibility of the bidder to verify the condition of the goods to be acquired, therefore, before submitting a bid, they must ensure that the goods meet their expectations and are in the desired condition; By submitting a bid, it is presumed that interested parties have inspected the goods and are aware of their characteristics, and any responsibility for their state of conservation or operation, as well as any incorrect description of information that may be misleading, is declined; The buyer will assume all costs and expenses inherent to the collection/removal and registration of the acquired goods; Interested parties should consult the operating rules and FAQs available on the website www.e-leiloes.pt before making any bids; In the absence of payment within the stipulated period, it will be considered a withdrawal and consequent notification on the portal “e-leilões.pt”, as well as the measures foreseen in article 825 of the Code of Civil Procedure, namely, the debtor will be held responsible for the lack of payment, and the seizure of their assets sufficient to guarantee the unpaid amount, plus costs and expenses, may be ordered, without prejudice to any criminal proceedings under the aforementioned article 825 of the Code of Civil Procedure and, simultaneously, the debtor will be subject to enforcement proceedings in the same process for payment of that amount. The indicated areas correspond to those in the land registry; no measurements of the property were carried out. The property is sold without any furniture, decoration, or other goods belonging to the debtors. The location shown on the map in the sales advertisement is automatically generated by the e-leilões portal according to the postal code without the intervention of the enforcement agent; this location may be incorrect. The information provided is based on the official documents attached to this announcement; therefore, it is the applicant's responsibility to verify the accuracy of the information provided, and no liability is assumed for the information provided. The process has pending enforcement proceedings.

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
208 235 €
Minimum value
177 000 €
Current bid
191 074 €
Auction start
20/05/2026 00:00
Auction end
24/06/2026 10:00

Current bid (191 074 €) recorded on 30/05/2026 06:08 — 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 LO1483162026) — 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.