Property auctions

Our office handles the full process of acquiring a property through auction, from continuous updates on available opportunities and finding the right property, through to the final handover.

Participation procedure

Any interested buyer can participate in a property auction, either personally or through a legally authorized representative.

To qualify for participation, interested buyers must deposit a guarantee in cash, by bank cheque, or by bank transfer, equal to 30% of the starting price before the auction begins.

Current auction rules

• The starting price is now based on the market value of the property and not its assessed value.
• Property auctions are conducted exclusively through electronic means.

Acceptance procedure

After the auction is completed, the successful bidder must complete the required payments and transfer steps within the legal deadlines.

• Within five (5) days, the corresponding tax amount must be paid to the tax office.
• Within ten (10) days, the remaining auction balance must be paid to the appointed notary.
• The transfer process begins after these obligations are completed, and the property is transferred free of encumbrances according to the legal procedure.