Map of the property at the Red Cross Foundation auction in November 2023
>There is important news for those looking for bargain properties. Throughout Italy, thanks to residential sales programs managed by the notariate, there are new opportunities to buy at auction. In November there will be an auction of properties for sale by the Italian Red Cross. idealista/news has prepared a map with the most interesting lots (including not only apartments but also residential complexes). Let's take a look at all the necessary information to participate in these real estate auctions.
The list of properties up for auction includes several apartments.
26 October
The official announcement states that "The auction without bidding is conducted by submitting secret bids in written, electronic or digital form to the notary-conductor or peripheral notary (a notary authorized to conduct notarial auctions online, a list of which can be found on the website of the notariat), the amount of which is not less than the base auction price indicated in the list of lots".
In addition, the notary will make the transfer of the lot in favor of the person who submitted the highest valid offer not surpassed by another valid offer. Only in the case of the submission of several equally valid offers ranking first in the''list, bidding will be conducted between these bidders.
For each lot, the bid submission deadline is indicated in the object specification. These objects will be sold through the Notary Auction Information Network (RAN), an information system developed by the National Council of Notaries to manage telematic auctions.
Through the connection with notary offices all over Italy, interested parties can participate in auctions via the Internet, bidding even from hundreds of kilometers away, eliminating territorial barriers with the guarantee and security of the notary.
The Notary Auction Information Network (RAN) is characterized by: security, eliminating the risk of irregularities and counterfeiting;''Traceability of documents and participants in the procedure and application of anti-money laundering legislation; accessibility for citizens who can participate through notary offices located throughout the country; transparency, as participants in the system can observe all events in real time; orientation of citizens who can contact notaries for legal, tax or practical information.
How do I participate in a notary telematic auction? A person interested in buying a property no longer has to visit the professional organizing the auction, but can contact any notary office attached to RAN to make a deposit and bid.
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