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House#2117396
Casa em glória, belo horizonte mg

Casa em glória, belo horizonte mg

📍 Glória, Belo Horizonte, MG, 30870010
Opening bid (2nd round)
R$ 1,092,779
Appraised valueR$ 5,400,000
Market price (city m²)R$ 2,412,000 — 48% below (low confidence)
1st round (closed)R$ 1,254,219
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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.
360 m² total

Auction details

1st auction (closed)Oct 19, 2026
2nd auctionNov 03, 2026
Auction typeExtrajudicial auction
AuctioneerFrazão Leilões
OverviewCostsLocationDocumentsQuestionsSimilar

Hasta analysis

This property's opening bid is 48% below the typical price per m² in Belo Horizonte.
Opening bid per m²R$ 3,484/m²
Typical price per m² in Belo HorizonteR$ 6,700/m² · based on 97 listings
Listed on HastaOct 16, 2026 (12 d ago)
Opportunity score39/100

Description

Auctioneer's text, in Portuguese.

Casa em Glória, Belo Horizonte, MG. Descrição: Imóvel localizado na Rua Juno, 244, no bairro Glória, em Belo Horizonte, Minas Gerais. A casa possui uma área construída de 239,22m² e um terreno de 360,00m². O imóvel está ocupado e a venda é condicionada ao não exercício do direito de preferência do fiduciante, com pagamento somente à vista. A venda será realizada em caráter “ad corpus” e no estado de conservação em que se encontra.

Location

📍 Glória, Belo Horizonte, MG

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Region profile

  • Average monthly wage (formal employment): 3.5 salários mínimos (reference year: 2021)
  • Population (2022 Census): 2,315,560 pessoas (reference year: 2022)
  • Population density: 6,989 hab/km² (reference year: 2022)
  • Population earning up to ½ minimum wage: 27.8 % (reference year: 2010)
  • Employed population: 69.43 % (reference year: 2022)
  • Area of the municipality: 331.337 km² (reference year: 2025)
  • Annual growth rate: -0.21 % a.a. (reference year: 2022)
  • Literacy rate (15+): 97.78 % (reference year: 2022)

What it costs to win this property

Opening bidR$ 1,254,219
Auctioneer's commission (5%)R$ 62,711
ITBI transfer tax (3%)R$ 37,627
Deed and registration (1.5%)R$ 18,813
Estimated total costR$ 1,373,370

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 599 auction properties on sale right now in Belo Horizonte/MG, with an average discount of 41% on the appraisal.

Frequently asked questions

How does buying this house 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 house?

The minimum bid is R$ 1,092,779. It is the lowest amount accepted to win; the final price may rise as bids come in.

When is the auction for this house?

1st auction on Oct 19, 2026, 2nd auction on Nov 03, 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.

⚠ We did not find the property title (matrícula) in the original listing — ask the auctioneer before bidding.

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

Frazão Leilões