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Rural property#2197115

FAZENDAS RURAIS pela BR 116 - na região de Teófilo Otoni / MG - Lote 002 (ID 1773)

📍 Córrego São José e São José do Capitólio, Teófilo Otoni, MG, 39805-899

Opening bid

R$ 1,019,200

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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 auctionNov 18, 2026

Auction typeExtrajudicial auction

AuctioneerJULIO ABDO COSTA CALIL

Overview Costs Location Documents Questions Similar

Hasta analysis

Listed on HastaOct 20, 2026 (9 d ago)

Description

Auctioneer's text, in Portuguese.

Fazenda, N/A, Desocupado, 184.72 Ha de área de terreno, 184.72 Ha de área total. Matrícula nº 25383, 2º OFÍCIO DE REGISTRO DE IMÓVEIS DE TEÓFILO OTONI/MG, Inscrição Prefeitura 951.072.550.019-0. Saindo de Teófilo Otoni – MG, pela BR-116, sentido Itambacuri – MG, percorre-se aproximadamente por 17,00 Km, então vira-se à Direita andando por mais uns 16,00 Km de estrada de terra batida, até uma das divisas da propriedade.

Location

📍 Córrego São José e São José do Capitólio, Teófilo Otoni, MG

Approximate location — the listing did not give the exact address.

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Region profile

Average monthly wage (formal employment): 1.8 salários mínimos (reference year: 2021)
Population (2022 Census): 137,418 pessoas (reference year: 2022)
Population density: 42.38 hab/km² (reference year: 2022)
Population earning up to ½ minimum wage: 38.1 % (reference year: 2010)
Employed population: 25.6 % (reference year: 2022)
Area of the municipality: 3,242 km² (reference year: 2025)
Annual growth rate: 0.16 % a.a. (reference year: 2022)
Literacy rate (15+): 90.95 % (reference year: 2022)

What it costs to win this property

Opening bidR$ 1,019,200

Auctioneer's commission (5%)R$ 50,960

ITBI transfer tax (3%)R$ 30,576

Deed and registration (1.5%)R$ 15,288

Estimated total costR$ 1,116,024

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 20 auction properties on sale right now in Teófilo Otoni/MG.

Documents (2)

Official documents, in Portuguese.

📄 ef017ff4049c3c43ee900449699d02b151c42299632be764048de42c87952b56.pdf#imovel=2197115 — 519 KBDocument⬇📄 257b58a37f4824499f1eab2d52a66aa1b219e30c85c63abe03b023b98aa6a62f.pdf#imovel=2197115 — 72 KBDocument⬇

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$ 1,019,200. 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 Nov 18, 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.

How to buy this property from outside Brazil

You need a Brazilian tax ID (CPF, obtained at a consulate), a representative in Brazil, and the bid is placed on the auctioneer's website. The guides below explain each step, the costs and the risks.

How to buy a property at auction in Brazil: the complete step by step What it really costs to buy at auction in Brazil: commission, taxes, debts and hidden costs The risks of buying a property at auction in Brazil (and how to price them)Caixa bank property auctions in Brazil: how they work and what is different How to read the auction notice and the title record before buying at auction in Brazil

🤖 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 auction notice (edital) or 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).