Real estate auction: 12 is being sold at the tax assessment value of the property.

The online auction will last until February 23, and the properties can be sold separately, starting at 3,600 euros (for two plots). Eight apartments, two houses/buildings, and two plots are being sold in the auction (online) until February 23.

An electronic auction featuring 12 real estate properties located in Vila Nova de Gaia, Gondomar, Lousada, Bragança, Chaves, Marinha Grande, Pombal, Alcobaça, Sintra, Loures, and Setúbal, as well as in Madeira, is taking place on the Leilosoc Worldwide auction platform, and all interested participants can register for free.

“The main values (the price assigned to an object or group of objects included in a specific lot, which corresponds to the value at which the object is considered sold) correspond to the VPT of real estate, that is, the actual value of the property in a given year, according to the Property Tax Code (CIMI), which is used to calculate the Property Tax on Real Estate (IMI) and the Tax on Income from the Disposal of Real Estate (IMT),” the message from Leilosoc Worldwide states.

According to the auction house, buying and selling real estate through VPT is an advantage for investments, as it allows investors to acquire properties at prices below current market rates, which can lead to a positive financial return for both the end buyer (for personal housing) and for resale.