Short answer
Yes, repossessed properties exist in the Azores, but they are not always easy to find. Banks and funds sell them through real estate agencies or online portals, often at below-market prices but usually sold as-is, with no guarantees and sometimes with occupants or debts attached. Always inspect the property and check the documents carefully before making an offer. Confirm current listings with local banks and agencies.
General information, not legal or tax advice. Rules and amounts change: confirm with official sources.
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