Lote, Residencial

📍 Formosa, GO

Opening bid

R$ 945,000

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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

Auction typeBank auction

AuctioneerResale

Overview Costs Location Documents Questions Similar

Hasta analysis

Typical price per m² in FormosaR$ 959/m² · based on 8 listings

Listed on HastaOct 21, 2026 (1 d ago)

Opportunity score17/100

Description

Auctioneer's text, in Portuguese.

Lote, Desocupado, 2520.00 M² de área de terreno. IPTU anual R$ 260,00. Matrícula nº 59.686, 59.687, 59.688, 59.689, 59.696, 59.697, 59.698.

Location

📍 Formosa, GO

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

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Region profile

Average monthly wage (formal employment): 2.1 salários mínimos (reference year: 2021)
Population (2022 Census): 115,901 pessoas (reference year: 2022)
Population density: 19.97 hab/km² (reference year: 2022)
Population earning up to ½ minimum wage: 34.1 % (reference year: 2010)
Employed population: 22.21 % (reference year: 2022)
Area of the municipality: 5,804 km² (reference year: 2025)
Annual growth rate: 1.23 % a.a. (reference year: 2022)
Literacy rate (15+): 94.29 % (reference year: 2022)

What it costs to win this property

Opening bidR$ 945,000

Auctioneer's commission (5%)R$ 47,250

ITBI transfer tax (3%)R$ 28,350

Deed and registration (1.5%)R$ 14,175

Estimated total costR$ 1,034,775

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 36 auction properties on sale right now in Formosa/GO.

Documents (1)

Official documents, in Portuguese.

📄 matriculaTitle record⬇

Frequently asked questions

How does buying this 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 property?

The minimum bid is R$ 945,000. It is the lowest amount accepted to win; the final price may rise as bids come in.

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 — Sale by a financial institution

Confirm with the seller which outstanding debts stay with the buyer.
Check the accepted payment terms and whether financing or FGTS (workers' fund) is allowed.
Read the current property title (matrícula) before making any offer.
Check whether the property is occupied and when the keys are handed over.

⚠ We did not find the auction notice (edital) 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).