Hasta › Auctions › Minas Gerais › Governador Valadares › 01 terreno | área 360m² | cidade nova | governador/mg

Land plot#2312122

01 terreno | área 360m² | cidade nova | governador/mg

📍 Cidade Nova, Governador Valadares, MG

Opening bid

R$ 300,000

Appraised valueR$ 300,000

Opening bid (2nd round)R$ 240,000

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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.

360 m² total

Auction details

1st auctionNov 25, 2026

2nd auctionDec 10, 2026

Auction typeJudicial auction

AuctioneerMarco Antônio Barbosa de Oliveira Junior

Overview Costs Location Documents Questions Similar

Hasta analysis

This property's opening bid is 85% below the typical price per m² in Cidade Nova.

Opening bid per m²R$ 833/m²

Typical price per m² in Cidade NovaR$ 5,556/m² · based on 17 listings

Listed on HastaOct 26, 2026 (2 d ago)

Opportunity score35/100

Description

Auctioneer's text, in Portuguese.

Terreno de 360m² em Governador Valadares, Minas Gerais. Descrição: Lote de terreno 12, da quadra 03, situado na Rua Jatobá, 438, Cidade Nova, Governador Valadares/MG, com área de 360,00m². O terreno possui 12,00 metros de frente para a Rua Jatobá e 30,00 metros de profundidade, com limites e confrontações definidos. Há uma faixa de servidão “Non14Aedificanti” de 1,5m nos fundos, destinada à implantação de rede coletora de esgoto e drenagem pluvial. O local é pavimentado em asfalto e apresenta um declive acentuado. Avaliação do imóvel é de R$ 300.000,00.

Location

📍 Cidade Nova, Governador Valadares, MG

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Region profile

Average monthly wage (formal employment): 2 salários mínimos (reference year: 2021)
Population (2022 Census): 257,171 pessoas (reference year: 2022)
Population density: 109.79 hab/km² (reference year: 2022)
Population earning up to ½ minimum wage: 35.3 % (reference year: 2010)
Employed population: 28.65 % (reference year: 2022)
Area of the municipality: 2,342 km² (reference year: 2025)
Annual growth rate: -0.21 % a.a. (reference year: 2022)
Literacy rate (15+): 94.95 % (reference year: 2022)

What it costs to win this property

Opening bidR$ 300,000

Auctioneer's commission (5%)R$ 15,000

ITBI transfer tax (3%)R$ 9,000

Deed and registration (1.5%)R$ 4,500

Estimated total costR$ 328,500

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 42 auction properties on sale right now in Governador Valadares/MG, with an average discount of 40% on the appraisal.

Court case details

Case number5024178-61.2023.8.13.0105

Documents (4)

Official documents, in Portuguese.

📄 8968175ffb668d7e5b6b75dfa63ca66a0282985e53498cc38b9c4a42c8898f62.pdf#imovel=2312122 — 2.4 MBDocument⬇📄 612caa820b3492e567d068751c1cd6a5ff355572ff3ce1d7ec9b3685b2cbe6f8.pdf#imovel=2312122 — 451 KBDocument⬇📄 edital.pdf — 451 KBAuction notice⬇📄 matricula.pdf — 2.4 MBTitle record⬇

Frequently asked questions

How does buying this land plot 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 land plot?

The minimum bid is R$ 300,000. It is the lowest amount accepted to win; the final price may rise as bids come in.

When is the auction for this land plot?

1st auction on Nov 25, 2026, 2nd auction on Dec 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.

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 — 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).