Public auction for the sale of a municipal plot in El Espinar

Summary

The municipality of El Espinar is selling one 2,415.17 m² municipal plot at 38 El Cabezuelo Street through an ascending-price public auction. Under the current general urban plan, the plot must be used for residential purposes. The minimum price is €374,766.52, excluding taxes; bids below that amount will not be accepted, and the highest bidder wins. Participation requires a guarantee equal to 5% of the minimum price, administrative documents and a financial offer. Bids must be submitted within 15 calendar days of publication of the contract notice and remain valid for at least three months. The successful bidder must pay the price within one month of receiving the award notice and cover the taxes and transaction costs associated with the purchase.