Hasta › Auctions › Minas Gerais › Formoso › FAZENDA - 2.450,90 ha - Fazenda Jequitibá - Formoso/MG
Rural property#1336069
FAZENDA - 2.450,90 ha - Fazenda Jequitibá - Formoso/MG

FAZENDA - 2.450,90 ha - Fazenda Jequitibá - Formoso/MG

📍 Formoso, MG, 38690000
Opening bid (2nd round)
R$ 9,540,269
Appraised valueR$ 19,080,538
1st round (closed)R$ 190,805
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This lot's description, auction notice and documents are in Portuguese, as published by the auctioneer. Bids are placed on the official auctioneer's website, in Portuguese.

Auction details

1st auction (closed)Oct 26, 2026
2nd auctionNov 10, 2026
Auction typeExtrajudicial auction
Auctioneer123 Leilões
OverviewCostsLocationDocumentsQuestionsSimilar

Hasta analysis

Listed on HastaSep 14, 2026 (50 d ago)
Opportunity score74/100

Description

Auctioneer's text, in Portuguese.

IMÓVEL: - Uma gleba de terras, situada no distrito e município de Formoso, desta Comarca, na Fazenda ‘ PIRATININGA ” ou “ SÃO CRISTÓVÃO ”, doravante denominada “ FAZENDA JEQUITIBÁ ”, Gleba nº 02 (dois), com a área de 2.450,90,00 ha (dois mil, quatrocentos e cinquenta hectares e noventa ares), desmembrada de área maior e compreendida pelos seguintes limites: “TOMOU-SE como ponto de partida o marco nº 3 cravado na cabeceira do Córrego Canela. Deste, segue pelo Córrego Canela abaixo à barra da primeira grota à sua margem direita, por esta grota acima ao marco nº 19 à sua cabeceira na estrada Formosa Formoso. Deste ponto segue pela estrada Formosa Formoso, até confrontar à cabeceira do primeiro afluente do Córrego Roncador. Deste ponto segue pela estrada até confrontar à cabeceira do Córrego São Cristóvão no marco nº 20. Daí, com o azimute de 143º48`18” e uma distância de 6.790,47 metros tem-se o marco nº 21, na cabeceira do Córrego Extrema. Daí, por este abaixo até sua barra no Rio Piratininga no marco nº 22. Daí, pelo Rio Piratininga abaixo, com uma distância de 1.058,59 metros ao marco nº 23, à sua margem direita. Daí, com o azimute de 226º13`19” e uma distância de 8.379,49 metros tem-se o marco nº 24. Daí, com o azimute de 335º45`57” e uma distância de 403,60 metros, tem-se o marco nº 25, na cabeceira do Córrego Palmeira. Daí, com o azimute de 313º21`13” e uma distância de 7.013,86 metros ao marco nº 25-A. Daí, com o azimute de 317º23`06” e uma distância de 1.167,38 metros tem-se o marco nº 4. Daí, com o azimute de 189º04`06” e uma distância de 7.616,10 metros ao marco nº 3, onde iniciou-se esta poligonal”, conforme memorial assinado pelo agrimensor Mario Pinto de Oliveira-CREA 1.015/TD 4º Reg. Havido de compra, e posteriormente de desdobramento. De acordo com o laudo de avaliação, a área apresenta 2.450,90 ha, desmembrados de uma área maior pertencente à fazenda Piratinga ou São Cristóvão, matrícula nº 2.427 do Ofício do Registro de Imóveis de Buritis/MG. A área possui 539,20 ha de reserva florestal e preservação permanente, e 1.911,70 ha de cerrados/pastagens nativas. Endereço onde está situado o imóvel : Município de Formoso, Estado de Minas Gerais. Imóvel matriculado sob nº 2.520 no Cartório de Registro de Imóveis de Buritis – MG.

Location

📍 Formoso, MG
Approximate location — the listing did not give the exact address.

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Region profile

  • Average monthly wage (formal employment): 2.2 salários mínimos (reference year: 2021)
  • Population (2022 Census): 7,949 pessoas (reference year: 2022)
  • Population density: 2.16 hab/km² (reference year: 2022)
  • Population earning up to ½ minimum wage: 45.5 % (reference year: 2010)
  • Employed population: 11.98 % (reference year: 2022)
  • Area of the municipality: 3,686 km² (reference year: 2025)
  • Annual growth rate: -0.24 % a.a. (reference year: 2022)
  • Literacy rate (15+): 85.68 % (reference year: 2022)

What it costs to win this property

Opening bidR$ 190,805
Auctioneer's commission (5%)R$ 9,540
ITBI transfer tax (3%)R$ 5,724
Deed and registration (1.5%)R$ 2,862
Estimated total costR$ 208,932

Standard market percentages; the auction notice (edital) may set different amounts (especially the commission) and ITBI varies by municipality — confirm in the notice and with the city hall. Amounts in Brazilian reais. Unpaid property tax (IPTU) and condo fees, and the cost of evicting occupants, are not included: who pays them depends on the type of auction — see "What to check before bidding".

There are 7 auction properties on sale right now in Formoso/MG.

Court case details

Case number0156412-72.2008.8.26.0100
Court1ª Vara de Falências e Recuperações Judiciais Juiz: Dr

Frequently asked questions

How does buying this rural property at auction work?

The property goes to whoever places the highest bid, subject to the minimum bid in the auction notice. Always read the notice (edital) and the property title (matrícula) before bidding: they set out the rules, deadlines, debts that come with the property and its occupancy status.

What is the minimum bid for this rural property?

The minimum bid is R$ 9,540,269. It is the lowest amount accepted to win; the final price may rise as bids come in.

When is the auction for this rural property?

1st auction on Oct 26, 2026, 2nd auction on Nov 10, 2026. Always confirm the dates in the official notice, as they may be postponed or suspended.

What costs are there besides the bid itself?

Besides the bid, the winner usually pays the auctioneer's commission (generally 5%), ITBI transfer tax, registration fees and, depending on the notice, overdue IPTU and condo fees and the cost of eviction. Add everything up before setting your maximum bid.

Can the property be occupied?

Yes. An auction property may be occupied by the former owner, a tenant or third parties. Who occupies it changes the time and cost of getting it vacated — check the occupancy status in the notice before bidding.

🤖 AI analysis — Veredika
The AI reads the listing, the auction notice and the property title, checks them against Brazilian law and returns ranked risks, a cost spreadsheet and a verdict — so you cut the risk before you bid. The report is written in Portuguese.
Checking documents…

What to check before bidding — Extrajudicial auction

  • Confirm that the consolidation of ownership is recorded in the property title (matrícula).
  • Check which condo-fee and IPTU debts follow the property after the sale.
  • Confirm the deadline and conditions of the former debtor's right of first refusal.
  • Check whether eviction is at the winning bidder's expense and within what period.

The auction type above comes from the auctioneer's catalog and must be confirmed in the notice. The full analysis — procedure classification, encumbrances, total cost and title risks — is done in the Veredika report (in Portuguese).

Auctioneer in charge

123 Leilões