# Ecuador Biess real-estate auction rollout

> Live situation record from CLSTR: https://clstr.news/situations/ecuador-biess-realestate-auction-rollout
> Updated: 2026-08-24T20:32:42.000Z. Sources: 9. Developments: 3.

In late July 2026, Ecuador's Banco del Instituto Ecuatoriano de Seguridad Social (Biess) began a nationwide auction of properties seized through co-active processes. The initial sale catalog included houses, apartments, land, and commercial units, primarily in Pichincha, Guayas, and Manabí. Base prices were set at approximately $27,394 for a Quito apartment and $43,646 for a Guayaquil house.

To improve transparency and accessibility, Biess launched a revamped digital platform (https://rematevirtual.biess.fin.ec) providing monthly catalogs and step-by-step guides. Bidders must register with a national ID, phone number, and email, qualifying as “rematista” with a mandatory deposit of 10% in cash or 15% if opting for financing. 

By late August, Biess had streamlined the applicant qualification period, reducing it from 25 days to one week. General Manager Marco Acosta stated this improvement is part of a broader modernization initiative led by President Daniel Noboa. The updated digital portal now features a catalog of 64 properties in Guayas and Pichincha, with prices ranging from $29,625 to $251,967. Between January and July 2026, the institution reported recovering $1.8 million through the auction of 39 properties.

## Claims

- Technical assistance is offered through Biess's official social‑media channels and the email direccion.coactivas@biess.fin.ec. (corroborated by 3 sources)
- The platform URL is https://rematevirtual.biess.fin.ec. (corroborated by 3 sources)
- Biess launched a new digital platform for property auctions on 28 July 2026. (corroborated by 2 sources)
- The platform operates fully digitally and does not change the legal conditions for forced property auctions. (corroborated by 2 sources)
- The portal provides a monthly catalog of properties, an infographic and a comprehensive guide for participants. (corroborated by 2 sources)
- Users must register with ID, phone and email, qualify as bidders, and submit offers with a deposit of 10 % cash or 15 % if financed over up to five years. (single source)

## Timeline

### 2026-08-24: Biess streamlines property auction process and offers 64 properties

Biess has reduced the qualification time for property auction applicants from 25 days to one week, offering 64 properties in Guayas and Pichincha via a modernized digital platform.

2 sources. https://clstr.news/cluster/biess-streamlines-property-auction-process-and-offers-64-properties

### 2026-07-28: Ecuador's Biess launches digital platform for property auctions

Biess launched a fully digital auction portal on 28 July 2026, adding catalogs, guides and support while keeping legal terms unchanged.

6 sources. https://clstr.news/cluster/ecuadors-biess-launches-digital-platform-for-property-auctions

### 2026-07-26: Ecuador's Biess opens property auction, homes from $27,394

Biess in Ecuador opened a nationwide property auction with homes starting at $27,394, covering houses, apartments, land and commercial units in July‑August 2026; buyers must register online and qualify, while总统

3 sources. https://clstr.news/cluster/ecuador-and-costa-rica-social-security-agencies-open-property-auctions

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Cite as: Ecuador Biess real-estate auction rollout. CLSTR, https://clstr.news/situations/ecuador-biess-realestate-auction-rollout