At auctionApartment in Albufeira (Vila Magna)
At auction
Sale by electronic auction — property in liquidation
Apartment T3 · Albufeira e Olhos de Água, Albufeira −28% vs Atlas estimate
At auction
340 000 €minimum value · full breakdown in the auction section
Atlas analysis
−28%
Realistic acquisition price (340 000 €) against the Atlas market estimate for the parish (472 512 €). Indicative estimate.
Features
Type
Apartment
Typology
T3
Private area
120.0 m²
Total area
—
Parish
Albufeira e Olhos de Água
Municipality · District
Albufeira · Faro
Amenities
✓ Pool
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 foot9/35
🚇 Public transport nearby19/20
🏙️ Urban density2/20
🌳 Green space nearby15/15
🛏️ Neighbourhood tourist activity9/10
7 points of interest within 300 m · OpenStreetMap · INE 2021 · Airbnb
Property description
Autonomous unit designated by the letters "DV", intended for housing, corresponding to Apartment No. 401, in Block A, 1st Floor, of the urban building located at Rua Vasco Santana, No. 12, called VILA MAGNA - Lot 110, Montechoro, parish and municipality of Albufeira, described in the Land Registry of that Municipality under No. 10707 of the aforementioned parish and registered in the land register under No. 8 of the parish of Albufeira and Olhos de Água, with a patrimonial value of 86,934.75 Euros, determined in the year 2021.
Notes
ONLY OFFERS WITH A VALUE EQUAL TO OR GREATER THAN €255,500.00 WILL BE CONSIDERED. OFFERS BELOW THIS VALUE WILL BE AUTOMATICALLY DISREGARDED. Well-located property, close to shops and transport. The condominium has several shops inside and a reception area and outdoor swimming pools. In reasonable condition, but needing painting and some repairs. The day(s) and time for viewings of the property will be scheduled with the custodian, the Enforcement Agent himself. Please note that it is the sole and exclusive responsibility of the bidder to verify the condition of the property to be acquired and its actual type, and therefore, before submitting an offer, they must ensure that it meets their expectations and is in the desired condition. It should also be noted that, given the specifics of the sale and the fact that the property is not delivered at the time of the auction's conclusion, it may suffer deterioration or alterations for which the custodian will be solely responsible. WARNING: The areas and description of the property in this advertisement are based on those described in the respective land registry and cadastral certificates. However, those interested in bidding should verify beforehand, by all available means, whether the property meets their acquisition interests. Failure to do so by bidders does not, under the law, invalidate the sale. Those interested in bidding on the property should consult the website www.e-leiloes.pt beforehand to inform themselves, consciously, of the auction rules and the legal consequences of their bids.
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
400 000 €
Minimum value
340 000 €
Current bid
255 555 €
Auction start
14/05/2026 16:07
Auction end
16/06/2026 14:30
Current bid (255 555 €) recorded on 30/05/2026 06:18 — 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 NP1211912026) — 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.