Auction Centre


New to Auctions? We've got you covered.

Try bidding before the auction using our demo feature, read the FAQs to learn more about the process, and find out how to register for bidding in our step-by-step guide. And if you’ve still got questions, we’re here to help! 

What makes an auction different from other sale methods?

Even if the highest bid amount is subject to vendor acceptance after the auction, the highest bidder has entered a contract to purchase the property if the vendor does accept that price. 


Frequently Asked Questions

We hold regular auctions throughout the year, offering properties across Spain. Upcoming auction dates are listed at the top of our Spain Platform, and you can also join our mailing list to get updates on new listings.

If you’ve already found a property, the auction date can be found on the property listing page.

This means that the highest bid is subject to vendor approval after the auction. 

In a standard auction sale, the vendor sets a Minimum Price and if the bidding reaches this level or above, the property will be sold to the highest bidder.  

In a ‘Subject to Confirmation’ auction, the vendor has not set a Minimum Price, so the highest bid must be approved by the vendor after the auction.

Yes – you don’t have to wait for the auction to make an offer. Simply click ‘Buy Now’ on the property listing.

You’ll need to be logged in to your BidX1 Account to submit your offer. If you don’t have an account yet, you can create one here

Yes – simply click ‘Book a Viewing’ on the relevant property listing and choose a time and date that works for you.  

If viewings haven’t been listed yet, you can sign-up to be notified as soon as they are available.   

Important: No viewings will take place at illegally occupied properties. 

Yes – the legal documents can be downloaded from the property listing page. Simply click 'View Legal Pack' below the property summary. 

You’ll need a BidX1 Account to access the documents. This is free and takes less than two minutes to create.

It’s important to complete all necessary due diligence in advance of the auction and we advise potential purchasers to check that they have read and understood all the various legal documents and terms & conditions prior to bidding.

You’ll need to register for bidding on the relevant property before the auction – click on the blue ‘Register to Bid’ button on the property listing to get started.

To get more details about the process, read our Registration Guide

No – at BidX1, there are no charges for the buyer. 

To take part in an auction, you’ll need to complete our registration process, which includes a deposit payment – the Bidder Security. This is payable by card or by bank transfer.  

If you are not the winning bidder on the day of the auction, the deposit will be refunded in full.  If you are the winning bidder, the deposit will go towards the total sale price. 

The deposit amount is displayed below the price on each property listing – for most properties, deposits are between €2,000 – €3,000.

Yes – BidX1 has an insurance policy with Crédito y Caución (number 4.220.408) which covers your deposit.  

We also use Modulr to ensure payments are managed securely, and to speed up deposit refunds after the auction. That’s why you’ll see ‘MODR’ in our IBAN and ‘MODRIE’ in our BIC. You can find out more about Modulr here

Find out more about bidding and what to expect during the auction here.

Congratulations! You’ll receive an email to confirm your purchase and a member of our team will be in touch to let you know what documentation you’ll need before signing at the notary. 

Please note that if the property has been sold Subject to Confirmation, the vendor has to approve the final bid. If the bid is not accepted, your deposit will be fully refunded. 

The deed must be granted within the period indicated in the Legal Pack for each property. 

Pricing at Auction


Bidder Security
We require a deposit to take part in the auction – the Bidder Security. If you are the highest bidder, you have entered a contract – Arras Penitenciales – to purchase the property at that price and the deposit goes towards the total price. For unsuccessful bidders, the deposit is fully refunded.
Opening Bid
This is the price at which bidding will start on the day of the auction. Bids cannot be placed below this level. The Opening Bid for each property is listed on the property page. 
Minimum Price (Reserve Price) 
This is the lowest price that the vendor will accept for the property: as long as the bidding reaches this price, the property will sell to the highest bidder. You will know when this happens – a button on the bidding panel will turn green and say ‘Reserve Met’. You can see what this looks like and how bidding works using our Bidding Demo.


Subject to Confirmation
If a property is listed as ‘Subject to Confirmation’, the highest bid is subject to acceptance by the seller after the auction. This will be clearly indicated on the property listing. 

Auction Day

Bidding takes place on the property listing page: you can open the Bidding Panel by clicking on the blue banner on the right-hand side of the page (or at the bottom of your screen if you’re using a mobile device). 

Registered bidders can place bids as soon as the auction opens. Placing a bid is easy, and you can practice any time using our Bidding Demo

There are two bidding options to choose from: you can place a bid manually by using the 'Instant Bid' button or set an 'Auto Bid' to let the system do the work for you. 

In both cases, you will be asked to confirm your bid amount before it is placed. 

Bidding generally opens at 10am (CET) on the day of the auction.

You can check the opening time for each property on the property listing page. 

Bidding generally lasts for a few hours and ends at the closing time listed on the relevant property page. Be sure to confirm the time for your property as each property will have its own closing time.  

If a bid is placed within 60 seconds of the closing time, an additional 60 seconds will be added. This is known as an extension period and is explained further below. 

Due to variations in browser and connection speeds, bidders are advised to make a bid with at least 10 seconds remaining on the clock. 

If a bid is placed within 60 seconds of the scheduled closing time, an additional 60 seconds will be added to the clock. This is known as an extension period.  

This is to ensure that all bidders have an opportunity to place a counter-bid if they wish to do so.  

During an extension period, any further bid that is placed will result in the clock re-setting again for another 60 seconds – and this will continue to happen until a full 60 seconds passes with no bids being placed to ensure everyone has a chance to bid further if they wish to.  

If you don’t want to place bids manually each time, you can set an Auto Bid instead: you select a maximum amount and the system will place bids for you – but only up to the maximum amount you’ve specified, and never more than is necessary to keep you as the highest bidder. 

Your maximum bid is private and cannot be viewed publicly.  

If your maximum bid is overtaken, you will be notified via email and can enter another higher bid if you so choose.  

It is important to note that once set, an Auto Bid cannot be cancelled.

We have developed several features to help in this instance: 

Our platform can usually detect when there is a connectivity issue between your device and our bidding system. In such instances we will inform you with on-screen prompts outlining the current connectivity issue e.g. slow speeds, complete loss of connectivity etc. 
Auto Bids

Our platform will allow you to enter an automatic bid with a pre-set maximum amount that cannot be viewed publicly. In this case, you don’t have to bid manually as the system will bid for you – but only at the level required to keep you as the highest bidder, and only up to the maximum amount that you’ve specified.
Multiple Devices

Our platform will allow you to be logged in as a registered bidder on multiple devices simultaneously. This can mitigate the risk of losing broadband or mobile connection. 

Still got questions?