Public Auctions

The bank or certified cheques accompanying the bids of applicants who are not awarded provisional adjudication are returned to the applicants or their representatives present at the public auction, by the close of the auction (Article 15, paragraph 2 of the Public Auction Regulations).

No. The bid must be sent by post or delivered in person (Article 10, paragraph 1 of the Public Auction Regulations).

The bid must be accompanied either by a bank cheque or by a certified cheque, for an amount equal to or greater than 15% of the proposed value (Article 7, paragraph 2 of the Public Auction Regulations).

Yes.

The certified cheque must be accompanied by proof of the request for its issue from the bank (Article 7, paragraph 2, subparagraph a) of the Public Auction Regulations).

The bank cheque must be accompanied by a bank confirmation slip (bordereau) of its issue or, alternatively, a declaration from the bank confirming who requested it and the source of the funds (Article 7, paragraph 2, subparagraph b) of the Public Auction Regulations).

Yes.

The bank transfer, for an amount equal to or greater than 15% of the proposed value, must be made from an account held by the applicant, and must be accompanied by proof of the transfer and the relevant IBAN (Article 7, paragraph 3 of the Public Auction Regulations).

For the bid to be accepted, the transferred funds must be available in Santa Casa’s account by the day on which the public auction is held (Article 11, paragraph 2, subparagraph b) of the Public Auction Regulations).

Yes. The auction is public.

Only applicants and their representatives may take part in the public auction (Article 12, paragraph 2 of the Public Auction Regulations), so a person attending who has not submitted any bid cannot place a bid, even if a property has received no bids.

Bids may be placed by applicants who have been admitted and whose proposals have been accepted for the property in question.

No. Bidding is done in person (Article 14, paragraph 10 of the Public Auction Regulations).

Verbal bidding at the public auction starts from the highest value among the sealed bids submitted and accepted.

The value of the minimum bidding increment depends on the base bidding value and is set out in the Notice and Annex I of the Public Auction Regulations, both available at https://scml.pt/patrimonio/hasta-publica/.

No. You just need to show up at the property on one of the days and within the time periods indicated for each property in the Notice and Annex I to the Public Auction Regulations, both available at https://scml.pt/patrimonio/hasta-publica/.