Hasta › Auctions › Minas Gerais › Formiga › Imóvel residencial | aprox. 80m² | 02 pavimentos | b: sagrado coração de jeses | formiga/mg

House#2679583

Imóvel residencial | aprox. 80m² | 02 pavimentos | b: sagrado coração de jeses | formiga/mg

📍 Sagrado Coração de Jesus, Formiga, MG

Opening bid

R$ 147,183

Appraised valueR$ 147,183

Market price (city m²)R$ 23,250 (low confidence)

Opening bid (2nd round)R$ 88,310

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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.

80 m² total

Auction details

1st auctionFeb 17, 2027

2nd auctionFeb 17, 2027

Auction typeJudicial auction

AuctioneerMarco Antônio Barbosa de Oliveira Junior

Overview Costs Location Documents Questions Similar

Hasta analysis

Opening bid per m²R$ 1,840/m²

Typical price per m² in FormigaR$ 291/m² · based on 18 listings

Listed on HastaNov 13, 2026 (1 d ago)

Opportunity score41/100

Description

Auctioneer's text, in Portuguese.

Imóvel residencial de aproximadamente 80m² em Formiga, Minas Gerais. Descrição: Imóvel residencial localizado na Rua Emídio José Pinto, 112, Sagrado Coração de Jesus, Formiga/MG. O imóvel é constituído pelo lote 190, da quadra 06, do setor 11, medindo 8 m de frente e fundos, por 10 m de cada lado, com área total de aproximadamente 80 m². A área construída é de 88,07 m², sendo 45,15 m² do 1º pavimento e 42,92 m² do 2º pavimento. Avaliação do imóvel é de R$ 147.183,00. O imóvel possui penhora registrada.

Location

📍 Sagrado Coração de Jesus, Formiga, MG

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

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Region profile

Average monthly wage (formal employment): 1.7 salários mínimos (reference year: 2021)
Population (2022 Census): 68,248 pessoas (reference year: 2022)
Population density: 45.44 hab/km² (reference year: 2022)
Population earning up to ½ minimum wage: 29.8 % (reference year: 2010)
Employed population: 40.68 % (reference year: 2022)
Area of the municipality: 1,502 km² (reference year: 2025)
Annual growth rate: 0.39 % a.a. (reference year: 2022)
Literacy rate (15+): 95.32 % (reference year: 2022)

What it costs to win this property

Opening bidR$ 147,183

Auctioneer's commission (5%)R$ 7,359

ITBI transfer tax (3%)R$ 4,415

Deed and registration (1.5%)R$ 2,208

Estimated total costR$ 161,165

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 51 auction properties on sale right now in Formiga/MG.

Documents (2)

Official documents, in Portuguese.

📄 edital.pdf — 2.1 MBAuction notice⬇📄 matricula.pdf — 2.4 MBTitle record⬇

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$ 147,183. 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 Feb 17, 2027, 2nd auction on Feb 17, 2027. 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 Buying property at a bankruptcy auction in Brazil Brazilian bankruptcy glossary

🤖 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).