At auctionT2 - Pechão/Olhão
At auction
Sale by electronic auction — property in liquidation
Apartment T2 · Pechão, Olhão −56% vs Atlas estimate
At auction
145 945 €minimum value · full breakdown in the auction section
Atlas analysis
−56%
Realistic acquisition price (145 945 €) against the Atlas market estimate for the parish (328 383 €). Indicative estimate.
Features
Type
Apartment
Typology
T2
Private area
135.19 m²
Total area
135.19 m²
Floor
Floor 2
Parish
Pechão
Municipality · District
Olhão · Faro
Amenities
✓ Balcony
Amenities detected in the official auction description — confirm on the e-leiloes.pt listing before bidding.
Atlas Walk Score
Car territory
A car is all but essential day to day.
What makes up the score
📍 Shops, cafés & services on foot0/35
🚇 Public transport nearby0/20
🏙️ Urban density3/20
🌳 Green space nearby0/15
🛏️ Neighbourhood tourist activity7/10
0 points of interest within 300 m · OpenStreetMap · INE 2021 · Airbnb
Property description
Autonomous unit designated by the letter J, corresponding to the 2nd rear floor, intended for housing, which is part of the urban building under the horizontal property regime, located in Igreja, parish of Pechão, described in the Olhão Land Registry under number 646 and registered in the respective land register with article 1814, of that parish.
Notes
Property located at Rua 25 de Abril, nº 47, Edifício Palmeiras. The building does not have an elevator and the condominium fee for the year 2025 is set at €16.74 per month. The property is located in a residential area in the center of Pechão and approximately 4km from Olhão. The property is in poor general condition, showing signs of dampness. It comprises a living room, two bedrooms, kitchen, pantry, bathroom, two vestibules, hallway and balcony. Those interested in submitting proposals must first verify the condition of the property, as the submission of a proposal does not exempt the applicant from verifying the condition of the property. Therefore, for the purposes and effects of the provisions of article... Pursuant to Article 838 of the Code of Civil Procedure, it is presumed that the bidder has inspected the property, is aware of its characteristics, and its state of maintenance and conservation. All responsibility for the failure to verify these prerequisites is disclaimed, and this lack of verification does not constitute grounds for annulment of the sale. The sale is exempt from the requirement to present the building's occupancy permit, energy performance certificate, and technical data sheet; obtaining these documents, when required, is the responsibility of the buyer (Article 838, paragraph 6 of the CPC). Interested parties are advised that it is not possible to annul, revoke, or alter a bid after it has been finalized.
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
171 700 €
Minimum value
145 945 €
Current bid
107 214 €
Auction start
26/05/2026 00:00
Auction end
01/07/2026 10:00
Current bid (107 214 €) recorded on 30/05/2026 06:10 — 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.
Source: e-leiloes.pt (reference LO1485212026) — consult the official listing and documentation before any bid.
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.