Auctions in Spain by Welex Lawyers & Accountants

Auctionsin Spain
By WeLex,your multilingual Law firm in Marbella.
When wasthe start of the online auction system in Spain?
In 2015, the online auction system in Spain was created under Law19/2015, Maintain transparency of the auction procedure for both real estateand personal property.
2) Obtain a higher price for the sale of the goods.
Advantagesof the auction system in Spain
The online system creates an advantage for the purchaser: onceregistered, the system of making a deposit to participate in a specific auctionis the same for all users.
Auctionsin Spain have two other advantages:
• You no longer have to travel to court in Spain to make a bid.
• You can receive alerts about auctions of goods you might be interestedin.
What kindof assets can the auctions include in Spain?
The auctions in Spain caninclude different types of assets:
• Real state: single-family homes, apartments, commercial premises,garages, plots, etc.
• Movable property: machinery, tools, furniture, etc.
• Vehicles: cars, motorcycles.
How toparticipate in judicial auctions in Spain
To participate as a bidder in an auctionin Spain, and to have access to information about auctions in which you canparticipate, you must first register at the Electronic Auction Portal.Registering also allows you to subscribe to auction entry notice services andmanage your contact details.
You do not have to register to access public information about legalauctions in Spain.
How toregister at the Electronic Auctions Portal in Spain
There are three ways to register at the Electronic Auctions Portal inSpain:
• Using an electronic certificate
• Using the identification platform (ID / electronic certificate)
• Contacting Welex
Our law firm and team of accountants in Marbella will assist you in theregistration process, enable you to participate in judicial auctions, andadvise you on the entire purchase process.
All of ourlawyers in Marbella have extensive expertise in Spanish judicial auctions. Do not hesitate to contact them today.
Welex, Lawyers & Accountants
Calle Ramón Gómez dela Serna 23. Local 7
29602 Marbella
e-mail: info@welex.es
Telf: +34 952775521