Euro Estates is preparing to auction off 134 homes from the bank Santander Totta in what’s being called a public event beginning April 30. The company expects prices to be competitive and that lending institutions are likely to propose attractive terms. In Lisbon, 77 homes will be sold off in a variety of locations, especially Setúbal, Castelo Branco, Alentejo and Algarve. The cheapest of the units on sale is a small house in Vidigueira, Alentejo, with 88 sqm of built area and a patio. The base bidding value has been set for €16,000. The remaining properties are located in Porto.