At auctionApartment T1 · Albufeira e Olhos de Água, Albufeira −5% vs Atlas estimate
At auction

Realistic acquisition price (191 607 €) against the Atlas market estimate for the parish (200 798 €). Indicative estimate.
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.
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.
Sale managed on the official e-leiloes.pt platform — Atlas aggregates the information and is not a party to the transaction.
Current bid (118 459 €) recorded on 06/09/2026 02:11 — not a real-time value.
Source: e-leiloes.pt (reference LO1503322026) — 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.