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This is a mortgage foreclosure and debt collection action brought by Banco Popular de Puerto Rico against the estates of Guillermo Enrique Vélez Jiménez and Alma Iris Quiles Nieves, along with named heirs and unknown heirs. The property is a rural solar in Barrio Tierras Nuevas Saliente, Manatí. The mortgage has been modified twice, with the last modification in 2016 establishing a principal of $104,243.07. The total debt claimed is $142,391.76 in principal, plus $50,964.14 in accrued interest at 4.00% since May 2015, escrow reserves, corporate advances, and $8,250.00 in attorney fees. A prior foreclosure action filed in 2012 remains annotated as a lien. Because the property is not the defendants' principal residence, the compulsory mediation law does not apply. Investors should verify estate/succession status, title clearance, tax and municipal debt, and the status of the earlier foreclosure annotation.
This is not the first auction round. Bidicua may not know whether the property was already sold at an earlier round. Confirm directly with the court before bidding.
Carretera 685 Km 4.2 Solar 2 · 00674 · Puerto Rico
Lot number 2 according to plat, located in Barrio Tierras Nuevas Saliente, Manatí, Puerto Rico, measuring 470.2869 square meters. Boundaries: North, 12.700 meters with Luis Robles; South, 12.930 meters with public-use strip separating it from Highway 685; West, 36.660 meters with lot number 1 (remainder); East, 36.919 meters with lot number 3 (previously segregated). Registered at mobile folio of volume 473, finca 12541, Property Registry of Manatí.
| Round | Date | Time | Price | Status |
|---|---|---|---|---|
First auction | Sep 9, 2026 | 10:00 AM | $104,243 | passed |
Second auction | Sep 16, 2026 | 10:00 AM | $69,495 | current round |
Third auction | Sep 23, 2026 | 10:00 AM | $52,122 | upcoming |
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View pricingThis sample combines multiple recorded sources, including any likely auction transfer inferred from a public record dated within nine months after a scheduled auction. Transactions below $25,000 are excluded from market statistics. Directional confidence. Use this sample as market context. It is not a complete sales ledger. Sample refreshed Jun 2026.
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