Atlas Property auctions

House in Fornelos

At auction Sale by electronic auction — property in liquidation

House não aplicável · União das freguesias de Louredo e Fornelos, Santa Marta de Penaguião   −61% vs Atlas estimate

51 000 €minimum value · full breakdown in the auction section
Atlas analysis
−61%

Realistic acquisition price (51 000 €) against the Atlas market estimate for the parish (130 000 €). Indicative estimate.

Features

Type
House
Typology
não aplicável
Private area
100.0 m²
Total area
100.0 m²
Parish
União das freguesias de Louredo e Fornelos
Municipality · District
Santa Marta de Penaguião · Vila Real
Atlas Walk Score
13/100
Car territory
A car is all but essential day to day.
What makes up the score
📍 Shops, cafés & services on foot0/35
🚇 Public transport nearby0/20
🏙️ Urban density1/20
🌳 Green space nearby9/15
🛏️ Neighbourhood tourist activity4/10
0 points of interest within 300 m · OpenStreetMap · INE 2021 · Airbnb

Property description

Urban building, consisting of a two-story house and a shop, located in Costinha, Fornelos, registered in the respective land registry under article 43 of the Union of Parishes of Louredo and Fornelos and described in the Land Registry Office of Santa Marta de Penaguião under number 338 of the parish of Fornelos.

Notes

• By submitting a proposal, it is presumed that the proposer has verified the condition of the property, and it is their sole responsibility to verify the condition of the property to be acquired, therefore they must ensure that it meets the desired conditions. • Failure to do so by the proposer does not, under the law, invalidate the sale. • Interested parties are advised that visits must be scheduled in advance using the contact details provided in the respective visits section. • Visits will not be scheduled in the last 5 working days before the end of the auction. • If the price is not deposited within 15 (fifteen) days, the Enforcement Agent may, with prior judicial authorization, seize the assets of the winning bidder, in accordance with Article 825, paragraph 1, subparagraph c) of the Code of Civil Procedure. • If the highest bid is lower than the minimum sale price, but of considerable value, it may be subject to review by the parties or even submitted to the consideration of the Honorable Judge. Judge, so that it may be considered accepted • The sale may eventually be suspended in case of insolvency of the debtor(s), payment of the debt or eventual verification of irregularity that renders the sale invalid, and the right of redemption or the right of preference may also be exercised. • Warnings to be taken into account: 1) Under paragraph 6 of article 833 of the Code of Civil Procedure, this transfer is exempt from the presentation of the occupancy or construction license, and the purchaser is warned of the burden of legalizing the property, if necessary. 2) If you are bidding on behalf of or representing a third party, you must ensure that you actually have sufficient powers for the act, and: - If you are bidding on behalf of a legal entity, you must be its legal representative, in accordance with the company's articles of association. - If the person in question is an individual, they must be provided with the appropriate power of attorney, which must be subsequently demonstrated in the respective enforcement proceedings.

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
Private negotiation
Base value
60 000 €
Minimum value
51 000 €
Auction start
28/04/2026 14:38
Auction end
28/07/2026 14:30

⚠ 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.
View the official listing on e-leiloes.pt →

Source: e-leiloes.pt (reference NP1204922026) — 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.