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Caixa Auction: 600+ Properties, Discounts Up to 65%

by Priya Shah – Business Editor

Brasília, DF – ⁣Caixa Econômica Federal is⁣ launching an online auction featuring nearly 600 repossessed properties with discounts reaching up to 65%, and ⁣initial bids ‍starting ‌as low as R$54,000. The auction presents​ a meaningful⁤ chance for prospective homebuyers and investors to acquire properties under favorable conditions.

the event, scheduled for November 25th​ and ​December 1st at 10:00 AM Brasília time, comes as the Brazilian real estate market ​navigates fluctuating interest rates ⁤and economic conditions. Caixa’s auction of these previously⁣ defaulted properties ⁤aims to ​streamline its portfolio and provide accessible‍ homeownership‌ options. Properties available include 187 houses,379 apartments,2 commercial properties,and 12​ lots of‌ land,spread across the Federal District and ‍nearly ​all Brazilian states: Acre,Alagoas,Amazonas,Bahia,Ceará,Espírito Santo,Goiás,Maranhão,Mato Grosso,Mato Grosso do Sul,Minas Gerais,Pará,paraíba,Pernambuco,Piauí,Paraná,Rio⁤ de Janeiro,rio grande do Norte,Rio Grande do Sul,Santa Catarina,São Paulo,and Sergipe.

Bidders can participate​ exclusively through​ the globo Leilões website. Caixa is offering flexible payment options, including the⁤ use of FGTS funds, cash payments, and potential financing options subject to credit approval.

Currently, three houses are listed within the R$50,000 price range. The most affordable is located‍ in ⁣Aimorés,‌ Minas ⁢Gerais, priced at R$54,000, offering two bedrooms, a bathroom,‍ living room, ‌kitchen, and parking. additional options ⁣include a property in ‍Luziânia, Goiás, listed at​ R$54,753.42, and another in ⁢Demerval Lobão, Piauí, for R$58,569.88.

Interested parties can find ⁣more information and ‌view the complete property listings on the Globo Leilões website.In Minas Gerais alone, 47 properties are currently available ⁢for bidding. click ‍here ‍for properties in Minas Gerais.

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