Fazenda Mesquita em Buritis/MG
Auction details
Hasta analysis
Description
Auctioneer's text, in Portuguese.
Region profile
- Average monthly wage (formal employment): 2 salários mínimos (reference year: 2021)
- Population (2022 Census): 24,030 pessoas (reference year: 2022)
- Population density: 4.6 hab/km² (reference year: 2022)
- Population earning up to ½ minimum wage: 42 % (reference year: 2010)
- Employed population: 18.34 % (reference year: 2022)
- Area of the municipality: 5,225 km² (reference year: 2025)
- Annual growth rate: 0.46 % a.a. (reference year: 2022)
- Literacy rate (15+): 90.07 % (reference year: 2022)
What it costs to win this property
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 29 auction properties on sale right now in Buritis/MG, with an average discount of 27% on the appraisal.
Court case details
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$ 245,069. 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 19, 2026, 2nd auction on Nov 23, 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.
What to check before bidding — Judicial auction
- Confirm in the auction notice which debts stay with the winning bidder and which are settled from the price.
- Check whether the property is occupied and who is responsible for getting it vacated.
- Read the current property title (matrícula): attachments, mortgages and annotations change the real cost.
- Check the deadlines and dates of each auction round, and the minimum bid of each.
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).
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