At auction3-bedroom apartment in Faro - Praceta Azedo Gneco
At auction
Sale by electronic auction — property in liquidation
Apartment T3 · União das freguesias de Faro (Sé e São Pedro), Faro −30% vs Atlas estimate
At auction
195 500 €minimum value · full breakdown in the auction section
Atlas analysis
−30%
Realistic acquisition price (195 500 €) against the Atlas market estimate for the parish (277 305 €). Indicative estimate.
Features
Type
Apartment
Typology
T3
Private area
88.0 m²
Total area
98.1 m²
Floor
Floor 6
Parish
União das freguesias de Faro (Sé e São Pedro)
Municipality · District
Faro · Faro
Amenities
✓ Balcony
Amenities detected in the official auction description — confirm on the e-leiloes.pt listing before bidding.
Atlas Walk Score
Walker's paradise
Almost everything you need is a few minutes away on foot.
What makes up the score
📍 Shops, cafés & services on foot34/35
🚇 Public transport nearby20/20
🏙️ Urban density3/20
🌳 Green space nearby15/15
🛏️ Neighbourhood tourist activity7/10
39 points of interest within 300 m · OpenStreetMap · INE 2021 · Airbnb
Property description
Autonomous fraction designated by the letters AA, corresponding to the SIXTH FLOOR REAR RIGHT, intended for housing, with vestibule, kitchen, clothesline, living room, balcony, corridor, three bedrooms and two bathrooms, with 98.10 m2, of the building described in the Faro Land Registry under number 354/19860502 AA of the parish of Faro (Sé), registered in the land register under article 64 of the union of parishes of Faro (Sé and São Pedro).
Notes
The property is in poor condition, suffered a fire in the kitchen and requires rehabilitation work. The movable goods visible in the photographs are not part of this sale. It is the sole and exclusive responsibility of the bidders to verify the condition of the property to be acquired, and they must ensure that it meets their expectations and is in the desired condition. The property is sold as is, so those interested in submitting bids for its acquisition are advised to carry out a prior verification of its condition. Failure to do so by the bidder does not, under the law, invalidate the sale.
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
230 000 €
Minimum value
195 500 €
Current bid
127 032 €
Auction start
27/05/2026 00:00
Auction end
01/07/2026 10:30
Current bid (127 032 €) recorded on 30/05/2026 06:11 — 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 LO1485802026) — 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.