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Galatone · Shop

Retail unit at auction in Villaggio Santa Rita, Galatone

Villaggio Santa Rita, Galatone (Lecce)

The lot

Retail unit in Galatone: base price €303,450, occupied (as the appraisal report states).

TypeShop
Surface areanot stated: it is in the appraisal report
Occupancy statusOccupied: who lives there and on what basis is set out in the appraisal report · from the appraisal report
Deadline for offers30/11/2026 at 12:00 · in 25 days
Auction date01/12/2026 at 12:00
Minimum offer€303,450 (equal to the base price: this notice does not accept reduced offers)
Deposit10% of the price you offer
Minimum bid increment€5,000
Type of saleCompetitive sale in insolvency proceedings (Court of Milan), published on the Public Sales Portal
Sale methodNo online tender: sealed offers to the sale delegate or to the notary named in the notice
ProceedingsJudicial liquidation no. 630/2019 · Lot 2 · Court of Milan
Viewings and informationReceiver: Nicola Modugno · 02874506 · modugno@pec.vergalloassociati.it
Sale manager: Gruppo Edicom SPA · 0415369911 · info@doauction.com

Offers by Monday 30/11/2026 at 12:00; auction on Tuesday 01/12/2026.

Read the text of the notice

From the notice: The building consists of a single-storey low section with a roof terrace on the west front, for a length of about 50 linear m (built in a first phase), and a second section developed over two storeys above ground, adjacent to the first but structurally independent of it, struttu

How to take part

Irrevocable offer in a sealed envelope to the notary named in the sale terms by Monday 30/11/2026 at 12:00: it cannot be made online. Deposit and documents as the sale terms require. Minimum offer (offerta minima): €303,450.

  1. This is a competitive sale managed by the receiver of the procedure: read the sale terms, which set out where and how the offer must be delivered. To view the property, contact the receiver: Nicola Modugno · 02874506.
  2. The irrevocable offer must be placed in a sealed envelope with the notary named in the sale terms (by hand, by registered post or by courier) by Monday 30/11/2026 at 12:00.
  3. If you are awarded the lot (aggiudicazione), you pay the balance, taxes and half of the sale delegate's fee within the deadline in the notice; ownership passes with the court's transfer decree (decreto di trasferimento), which cancels mortgages and seizures.

The public appraisal report, with photos and the condition of the property, is free and is among the attachments to the notice: read it before making an offer.

Official documents

Costs and conditions to factor in

The items below are the general rules for this type of sale: the exact figures are in the notice linked at the bottom.

  • Deposit (cauzione): 10% of the offered price, as set out in the sale rules
  • Balance payable under the disciplinare terms
  • Half of the delegate's fee for the transfer decree, registration and voltura
  • Registration tax as in a normal sale; if the company in the proceedings is selling business assets, the sale may be subject to VAT (IVA): check the disciplinare
  • No commission to pay to the court or the seller. If you choose our assisted service, the fee is separate and we will tell you in writing before we start

What you really need

  • Deposit: €30,345 (10% of the base price, as the notice requires)
  • Registration tax: €27,410 (9%, minimum €1,000, plus €100 for mortgage and cadastral taxes); if a business is being sold, VAT may apply: the notice says so
  • Half of the delegate's fee for the transfer decree, registration and voltura: approximately €1,000-€2,500
  • Total indicative budget starting from €303,450: approximately €331,860-€333,360
  • These are estimates based on the general rules, not a quote: the exact figure depends on the notice, your tax situation and the bank.

History of the lot

  1. 17 September 2026€420,000

    Outcome not published

  2. 28 October 2026€357,000

    No bids (deserted) · 15% lower than the previous attempt

  3. 1 December 2026€303,450

    This sale · 15% lower than the previous attempt

If this sale gets no bidders, the judge can lower the starting price by up to a quarter (art. 591 of the Code of Civil Procedure): the next attempt could start from about €227,588, with a minimum offer from €170,691. This is the maximum reduction, not a forecast.

Where it is

Position taken from the address in the notice: it may be approximate. © OpenStreetMap contributors, open the map.

  • 6,502 homes sold in the last 4 quarters (rest of the province, LE), 30% with a mortgage. In Q2 2026: −1% on a year earlier.Italian Revenue Agency – OMI, data up to Q2 2026.
  • Average declared income in Galatone: €18,150 a year.Italian Ministry of Economy and Finance, tax year 2024.

The monthly payment, as a guide

€1,228 a month

Starting point: a mortgage of 80% of the starting price, 25 years, at the average rate of new mortgages in Italy (3.6%, ECB 2026-09). French amortisation at a fixed rate, fees and insurance excluded. Your bank sets the real rate: this is not a credit offer.

We call you back for free about this property

An agent reads the notice and the appraisal with you and explains the steps to take part. No commitment: any professional services and their costs are agreed beforehand.

The official notice of sale prevails.

At least one of email and phone is required.

We call you back for free