At auctionHouse in S. Gonçalo - Funchal
At auction
Sale by electronic auction — property in liquidation
House T4 · São Gonçalo, Funchal −60% vs Atlas estimate
At auction
1 000 000 €minimum value · full breakdown in the auction section
Atlas analysis
−60%
Realistic acquisition price (1 000 000 €) against the Atlas market estimate for the parish (2 478 890 €). Indicative estimate.
Features
Type
House
Typology
T4
Private area
749.0 m²
Total area
1200.0 m²
Parish
São Gonçalo
Municipality · District
Funchal · Ilha da Madeira
Amenities
✓ Parking✓ Pool
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 foot1/35
🚇 Public transport nearby20/20
🏙️ Urban density8/20
🌳 Green space nearby0/15
🛏️ Neighbourhood tourist activity7/10
1 points of interest within 300 m · OpenStreetMap · INE 2021 · Airbnb
Property description
Ground floor house, 1st floor, garage, swimming pool and patio, located at Rua Tenente Domingos Cardoso nº 2, parish of S. Gonçalo, municipality of Funchal, with a total area of 1,200 m², registered in the respective urban property register under article 4772 and described in the Funchal Land Registry under number 1583/19980303
Notes
The property is sold in its current physical and legal condition. After the auction closes, the bidder with the highest offer is notified to deposit 10% of the value (Article 164 of the Insolvency and Restructuring Code, Articles 824 and 825 of the Code of Civil Procedure), with the remaining amount paid at the time of the deed signing, via certified/bank check. The property is currently occupied by the holder of the right of retention, who has already submitted a proposal in the proceedings to purchase this property for the amount of €1,000,000.00.
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
1 176 471 €
Minimum value
1 000 000 €
Auction start
11/07/2026 23:59
Auction end
26/08/2026 10:30
⚠ 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 LO1497782026) — 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.