Banks Auction Over 200 Properties at Discounts of up to 65 Percent

RIO DE JANEIRO, BRAZIL – Beginning 2020 with a new home is now possible with the real estate auctions promoted by banks all across Brazil. There are more than 200 properties, including houses, apartments, land and commercial areas, available for bidding through the Sold Auctions website.

Bids can be placed online until January 29th and initial offers range from R$39,000 (US$9.750) to R$4.5 million.

Properties are available in the states of Alagoas, Amazonas, Bahia, Ceará, Distrito Federal, Espírito Santo, Goiás, Minas Gerais, Mato Grosso, Pará, Paraíba, Pernambuco, Paraná, Rio de Janeiro, Rio Grande do Sul, Santa Catarina and São Paulo.

Santander Bank offers the largest number of properties, with an average discount of 44 percent, available between January 21st and 29th with easy payment conditions up to 420 months.

In Camaçari, Bahia, a house with two bedrooms and two suites, a parking space and 230 m² of land comes at R$144.112. In São Paulo, an apartment with two parking spaces and 115.66 m² has an initial price of R$306.337. The bank’s properties may be viewed through this link.

ABC Bank offers eight apartments in Aquiraz, Ceará, until January 17th. The properties are of the aparthotel model in the Palm Beach Residence development, located in Porto das Dunas. Buying a 151m² apartment with two parking spaces for the initial bid of R$400,000 is an option. The link to the properties is: https://www.sold.com.br/bancoabc.

Inter Bank also offers properties until January 16th and 22nd. A 30 m² store in Rio das Ostras, Rio de Janeiro, comes at R$39,000, a 62 percent discount. Another highlight is a farmhouse in Esmeraldas, Minas Gerais, with an area of 6,834m² and initial bid of R$559,000. All the properties of Inter Bank may be viewed on this link.

Tribanco offers 12 properties by January 22nd. There are houses, apartments, commercial and rural properties with discounts of up to 58 percent and installment options. A vacant apartment in Ubatuba/SP has an initial bid of R$190,000. The link to the properties is: https://www.sold.com.br/lote/lista/leilao/9078

Distributed across five states, 15 properties were put up for auction sale by Pan Bank. The buyers have until January 24th to secure the auction.

In addition to residential options, there are properties such as the vacant commercial room Edifício Infinity Corporate in Belém (PA). With 81m², this lot has an initial bid of R$233,280.00, at a discount of 42 percent of the assessed value. To view the other properties, just click on the link.

To access all auctions and the respective notices, just access https://www.sold.com.br/leiloes-de-imoveis. Each bank offers different payment conditions, which include variable monthly fees, discounts for cash payment, in addition to the requirement or waiver of a deposit according to the number of installments.

How to participate

Auctions are open to everyone. Simply register at www.sold.com.br, create a login and password, and you may bid on the auction of interest. From there, just follow the bids on the day set for closing. The method used on the Internet is the same as any auction: whoever places the highest bid, takes the bid.