INLEX Leiloeira

INLEX handles Portuguese insolvency disposals, and the first thing to understand about it is that it sells the same kinds of assets through four quite different mechanisms: leilão eletrónico (electronic auction), leilão presencial (in the room), carta fechada (sealed bid) and negociação (negotiation).

What you can buy

• Property (imóveis).
• Vehicles.
• Equipment.
• Rights (direitos).
• Furniture and technology.

How the bidding works

The sale format is stated per lot and it changes everything: an electronic auction has a clock, a sealed bid gives you one attempt by a deadline, and a negotiation has neither. The site offers a calendar, a map and a search across the whole catalogue, plus an FAQ. Registration is required to take part.

What to check before you bid

Check the format before the price. Portuguese insolvency sales run under the administrator's plan and the deposit and completion terms follow from that; they are not the same across the four routes. For property, the land registry certificate rather than the listing is what tells you about charges and occupancy. The site is in Portuguese.