Hasta › Auctions › São Paulo › São Paulo › Lote 01 - apartamento nº 122 e duas garagens condomínio ile eco life- butanta

Apartment#401328

Lote 01 - apartamento nº 122 e duas garagens condomínio ile eco life- butanta

📍 Jardim Londrina, São Paulo, SP

Opening bid50% OFF

R$ 366,957

Appraised valueR$ 733,914

Market price (city m²)R$ 1,406,043 — 73% below (medium confidence)

Opening bid (2nd round)R$ 4,900,000

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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.

203 m² total2 bedroom(s)2 parking space(s)

Auction details

Auction typeJudicial auction

AuctioneerFaro Online

Overview Costs Location Documents Questions Similar

Hasta analysis

This property's opening bid is 79% below the typical price per m² in São Paulo.

Opening bid per m²R$ 1,802/m²

Typical price per m² in São PauloR$ 8,488/m² · based on 351 listings

Listed on HastaJul 05, 2026 (127 d ago)

Opportunity score83/100

Description

Auctioneer's text, in Portuguese.

Apartamento no Butantã, São Paulo. Descrição: Lote 01 - Apartamento nº 122, localizado no 12º andar da “TORRE 4 – EDIFÍCIO COTOVIA”, no “CONDOMÍNIO ILE ECO LIFE”, com área privativa coberta de 94,730m² e área total de 203,586m². O imóvel possui sala para dois ambientes com terraço, 2 dormitórios suítes, lavabo, escritório, cozinha e área de serviço. Inclui o direito ao estacionamento de dois veículos na garagem coletiva. O apartamento está situado em uma área com os principais melhoramentos urbanos. O valor da avaliação é de R$733.914,00, atualizado para abril/2026. Eventuais ônus, taxas ou impostos incidentes sobre o bem correrão por conta do arrematante.

Location

📍 Jardim Londrina, São Paulo, SP

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

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Region profile

Average monthly wage (formal employment): 4.3 salários mínimos (reference year: 2021)
Population (2022 Census): 11,451,999 pessoas (reference year: 2022)
Population density: 7,521 hab/km² (reference year: 2022)
Population earning up to ½ minimum wage: 31.6 % (reference year: 2010)
Employed population: 58.75 % (reference year: 2022)
Area of the municipality: 1,523 km² (reference year: 2025)
Annual growth rate: 0.15 % a.a. (reference year: 2022)
Literacy rate (15+): 97.42 % (reference year: 2022)

What it costs to win this property

Opening bidR$ 366,957

Auctioneer's commission (5%)R$ 18,348

ITBI transfer tax (3%)R$ 11,009

Deed and registration (1.5%)R$ 5,504

Estimated total costR$ 401,818

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 6158 auction properties on sale right now in São Paulo/SP, with an average discount of 40% on the appraisal. This lot has a 50% discount, above the city average.

Court case details

Case number0002703-35.2010.5.02.0045

Frequently asked questions

How does buying this apartment 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 apartment?

The minimum bid is R$ 366,957 — about 50% below the appraisal. 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 — 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.

⚠ 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).