At auctionProperty in Albufeira
At auction
Sale by electronic auction — property in liquidation
Apartment T1 · Albufeira e Olhos de Água, Albufeira −52% vs Atlas estimate
At auction
107 280 €minimum value · full breakdown in the auction section
Atlas analysis
−52%
Realistic acquisition price (107 280 €) against the Atlas market estimate for the parish (221 521 €). Indicative estimate.
Features
Type
Apartment
Typology
T1
Private area
59.6 m²
Total area
67.5 m²
Floor
Floor 2
Parish
Albufeira e Olhos de Água
Municipality · District
Albufeira · Faro
Amenities
✓ Balcony
Amenities detected in the official auction description — confirm on the e-leiloes.pt listing before bidding.
Atlas Walk Score
Somewhat walkable
Some amenities within walking distance, but a car helps.
What makes up the score
📍 Shops, cafés & services on foot0/35
🚇 Public transport nearby17/20
🏙️ Urban density2/20
🌳 Green space nearby15/15
🛏️ Neighbourhood tourist activity9/10
0 points of interest within 300 m · OpenStreetMap · INE 2021 · Airbnb
Property description
Autonomous fraction designated by the letter "AE", corresponding to the 2nd floor – apartment 202, located at Rua António Sérgio, Expansão Norte de Montechoro, Lote 3/5 - , 2nd floor, parish and municipality of Albufeira, described in the Albufeira Land Registry under number 982, registered in the respective urban property register under article 5928 of the Parish of Albufeira and Olhos de Água, Municipality of Albufeira, (previous tax register article no. 8837, of the parish and municipality of Albufeira).
Notes
In reality, this property has one bedroom with a wardrobe, a bathroom, a kitchen, and a living room with a balcony; it is a one-bedroom apartment (T1), as stated in the land registry, notwithstanding the Property Description mentioning a two-bedroom apartment (T2). In the context of these proceedings, half of the aforementioned unit is under attachment. The other half of the said unit is owned by the co-owner and is under attachment in Case No. 2646/12.5TBBRR, which is being processed in the Judicial Court of the District of Lisbon – Almada – Execution Court, Judge 1. By Court Order, the sale of the entire unit in these proceedings was authorized. Visitations will be scheduled in advance with the Enforcement Agent, always preceded by telephone contact, as per the attached schedule.
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
126 212 €
Minimum value
107 280 €
Current bid
63 106 €
Auction start
30/06/2026 23:59
Auction end
09/09/2026 10:00
Current bid (63 106 €) recorded on 01/07/2026 06:12 — 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 LO1495012026) — 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.