The day the Bank of Brazil is held November 13th, 21st, 28th, December 5th,from 1pma series of real estate auctions based on the fiduciary alienation regime, where bidding can only be placed online on the MGL Leilões website. The event was led by the specialist company MGL Leilões itself, Over 300 properties It is distributed in various regions of the country.
This initiative complies with the rules laid down in Law No. 9,514/1997 regulating the consignment sale of real estate. Under this method, assets seized by financial institutions after a default are put up for public auction, with the goal of restoring credit and reintroducing the property back onto the market.
This catalog contains houses, apartments and commercial properties in different states of Brazil. Among the highlights are properties located in: Caxias do Sul (RS), Maceio (Alabama), Sao Jose dos Campos (SP), New Hamburg (RS) and Sao Paulo (SP). Each lot has complete information regarding registration, location, valuation and payment terms available in the official event notice.
According to a study published by the portal real estate chat In 2024, the number of properties foreclosed by financial institutions and auctioned will increase from 22,000 in 2022 to more than 50,000 in 2024, representing a cumulative growth rate of over 150% over this period. This progress can be attributed to the expansion of digital platforms and the expansion of domestic real estate credit.
Banco do Brasil has expanded its use of electronic auctions as a means of asset management and credit recovery in response to growth trends in the financial sector. Digital formats have enabled increased transparency, national reach, and democratic participation of stakeholders from different regions of the country.
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