Atlas Property auctions

3-bedroom house + commercial unit in São Gonçalo

At auction Sale by electronic auction — property in liquidation

House T3 · São Gonçalo, Funchal   −57% vs Atlas estimate

223 848 €minimum value · full breakdown in the auction section
Atlas analysis
−57%

Realistic acquisition price (223 848 €) against the Atlas market estimate for the parish (517 420 €). Indicative estimate.

Features

Type
House
Typology
T3
Private area
170.0 m²
Total area
250.0 m²
Parish
São Gonçalo
Municipality · District
Funchal · Ilha da Madeira
Amenities
Terrace

Amenities detected in the official auction description — confirm on the e-leiloes.pt listing before bidding.

Atlas Walk Score
46/100
Somewhat walkable
Some amenities within walking distance, but a car helps.
What makes up the score
📍 Shops, cafés & services on foot1/35
🚇 Public transport nearby20/20
🏙️ Urban density8/20
🌳 Green space nearby9/15
🛏️ Neighbourhood tourist activity7/10
1 points of interest within 300 m · OpenStreetMap · INE 2021 · Airbnb

Property description

Urban building with a total area of 250.00 m², described in the Funchal Land Registry under No. 2594/20080814, registered in the land register under No. 4235 of the parish of São Gonçalo, located at Caminho de São João Latrão, No. 4, Funchal, consisting of two floors and a yard (single-family house).

Notes

The urban building is located in a consolidated urban residential area, characterized by detached single-family homes of maximum height (up to 3 floors), intended for housing, interspersed with small agricultural plots, some traditional commerce, services, and restaurants in the center of the parish. It is an area with road and pedestrian access. It has good sun exposure and panoramic views, and traditional construction. The ground floor comprises two rooms (a bar area and a mini-grocery store), although only this building is designated for residential use; there is a commercial area. The first floor consists of a living room, hall, three bedrooms, a kitchen, corridor, a bathroom, and a storage area. Outside, there is a small patio with unfinished concrete and access to the terrace. The house borders the public road, has minor local defects requiring slight repairs, and some dampness, but overall is in reasonable condition both inside and out. It is noted that repairs have been carried out. It is the sole and exclusive responsibility of the bidder to verify the condition of the property to be acquired. Therefore, before submitting any offer, they should familiarize themselves with the qualities and characteristics, licenses, and other aspects they deem relevant, ensuring that it meets their expectations and is in the desired condition. Failure to verify is not grounds for annulment of the sale procedure. The sale is conducted within the framework of an inventory process. Interested parties should also consult the operating rules and FAQs on the website www.e-leiloes.pt and/or seek advice from a solicitor or lawyer before making any offers. Only offers made through this platform will be considered. Visits are conducted on the date and time indicated in the "Visits" field. Once an offer has been submitted, it cannot be withdrawn. - The price assigned to the property for sale does not include taxes due on the transfer, whether these are IMT, IS, VAT or other special taxes, it being the responsibility of the buyer to present a declaration proving payment of these taxes or that the transfer of the property is not subject to them. - Deposit of the price within fifteen days is MANDATORY. WARNING: The base value of the property is €263,350.00, any other value lower than this will be referred to the judge of the process for assessment and possible acceptance.

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
263 350 €
Minimum value
223 848 €
Current bid
131 675 €
Auction start
15/05/2026 11:40
Auction end
14/07/2026 14:30

Current bid (131 675 €) recorded on 30/05/2026 06:24 — 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 NP1212332026) — 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.