$7 million worth of real estate seized in anti-drug operations is up for auction in Santa Catarina. To buy one of the properties, it will be necessary to pay millions of dollars, some of which can reach more than 8.9 million reais, as in the case of an apartment in a luxury condominium in Barra sul de Balneario Camboriu.

An apartment in a luxury condominium in Balneario Camboriu is up for auction for 8.9 million reais. Photo: Arquivo/Bruno Golembiewski/ND

The property was sold in advance, i.e. put up for auction as a precautionary measure to preserve the value of the assets. Apartments and land in the Santa Catarina towns of Balneario Camboriu, Joinville and Sao Francisco do Sul are scheduled for auction.

The first auction is scheduled to be held electronically on October 24th. The second can take place on October 28, if the first item does not reach a rate equal to or greater than the estimated value.

The notice was released earlier this month by the Senad (National Police Narcotics Department), an agency of the Department of Justice. The auction takes place through the website https://www.zampierileiloeiro.com.br/. To place offers, preliminary registration is required, both from individuals and legal entities.