Buying a Repossessed Property at Auction in Portugal in 2026: A Practical Guide to the Two Separate Systems, the 85 and 70 Percent Opening Prices, the 15 Days to Pay, and the Charges That Vanish
Judicial sales open at 85 percent of a base that is the higher of tax value and market value. Tax sales open at 70 percent of the tax value and can fall to 20. The mortgage disappears; the preference rights and the missing habitation licence do not.