Atlas Property auctions

*One-bedroom apartment in Abufeira*

At auction Sale by electronic auction — property in liquidation

Apartment T1 · Albufeira e Olhos de Água, Albufeira   −5% vs Atlas estimate

191 607 €minimum value · full breakdown in the auction section
Atlas analysis
−5%

Realistic acquisition price (191 607 €) against the Atlas market estimate for the parish (200 798 €). Indicative estimate.

Features

Type
Apartment
Typology
T1
Private area
59.25 m²
Total area
67.7 m²
Parish
Albufeira e Olhos de Água
Municipality · District
Albufeira · Faro
Atlas Walk Score
65/100
Very walkable
Most daily errands can be done on foot.
What makes up the score
📍 Shops, cafés & services on foot22/35
🚇 Public transport nearby17/20
🏙️ Urban density2/20
🌳 Green space nearby15/15
🛏️ Neighbourhood tourist activity9/10
21 points of interest within 300 m · OpenStreetMap · INE 2021 · Airbnb

Property description

Autonomous unit designated by the letters "DL", intended for tourist accommodation, located on the ground floor, apartment 303, forming part of an urban building constituted under the horizontal property regime, located at Rua do Município n.º 1, called "Hotel Paraíso Albufeira", in the parish and municipality of Albufeira, described in the competent Land Registry Office of Albufeira under number 3392/Albufeira and registered in the urban property register of the Union of Parishes of Albufeira and Olhos de Água under article 3 - Unit "DL", with a patrimonial value of 82,783.40 euros.

Notes

The apartment for sale is located within the tourist development called "Hotel Paraíso Albufeira" and is intended for tourist accommodation; The apartment is in good condition, considering its age and intended use; Interested parties are advised to refer to the non-residential lease agreement, which is attached for all due purposes; For any information regarding the scope of the contract, the entity operating the tourist development, herein appointed as the Custodian, should be contacted, and whose contact details and email address can be found in the appropriate section; It is the sole and exclusive responsibility of the bidder to verify the condition of the property they intend to acquire beforehand, therefore, before bidding, they must ensure that it meets their expectations and is in the desired physical and legal condition. The property is sold as is; Under the law, failure to verify by the bidder does not invalidate the sale. Those interested in visiting the property must make the request directly to the custodian, whose contact details are available after registration and login on the e-leiloes.pt platform. Requests for scheduling visits sent by email will not be answered in cases where the custodian is not the enforcement agent; In accordance with paragraph 6 of article 833 of the Code of Civil Procedure, this sale is exempt from the requirement to present the building's occupancy permit, energy certificate or housing technical data sheet, therefore, under that legal provision, it is the responsibility of the buyer to legalize/obtain such documents, if applicable; Pursuant to the provisions of paragraph 2 of Article 827 of the Code of Civil Procedure and paragraph 4 of Article 824 of the Civil Code, properties sold in enforcement proceedings are transferred free of any encumbrances, as well as any other real rights that are not registered prior to any attachment, seizure or guarantee, with the exception of those constituted prior to registration that produce effects in relation to third parties regardless of registration;

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
225 420 €
Minimum value
191 607 €
Current bid
118 459 €
Auction start
28/07/2026 00:00
Auction end
23/09/2026 11:00

Current bid (118 459 €) recorded on 06/09/2026 02:11 — 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.
View the official listing on e-leiloes.pt →

Source: e-leiloes.pt (reference LO1503322026) — 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.