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1/7 share in rustic property - Santiago dos Velhos

No Sale

Translated automatically from Portuguese.

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Current Price€0
Reserve Price€90,100
Auction Ends
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Technical Sheet

TypeAgricultural Land
Typologynão aplicável
Total area18,640 m²
Private area100 m²
OwnershipFull Property
Ownership %14%

Address

AddressCasal Novo
Postal Code2630-520
CityArruda dos Vinhos
CountryPT

Description

The judgment debtor Mário Dinis Branco Carreiro's share (1/7) in the mixed property, with a total area of 18640 m2, described in the CRP of Arruda dos Vinhos under record 1138 of the parish of Santiago dos Velhos and registered in the rustic land register under no. 31, section A, and the urban land register under no. 1092 of the same parish. Located at Casal Novo da Tojeira - 2630-520 Santiago dos Velhos

It is the sole and exclusive responsibility of bidders to verify the condition of the asset to be acquired, so bidders should ensure that it meets their expectations and is in the conditions they require. Failure to verify is not grounds for annulling the sale procedure.
IMPORTANT: Pursuant to article 825(1)(c) of the Code of Civil Procedure, failure to deposit the price may lead to attachment of sufficient assets to guarantee the outstanding amount, plus costs and expenses, and that amount may simultaneously be enforced in the same proceedings to pay that amount and additions. It is further warned that failure to deposit the price may lead to CRIMINAL PROCEEDINGS being brought against the bidder.
Full payment of the price: 1) Pursuant to article 824(2) of the Code of Civil Procedure, the price must be settled within 15 days of the Enforcement Agent's notification to do so. 2) The period is continuous (Saturdays and Sundays count) but is suspended during judicial holidays. 3) It is further stated that nothing prevents the purchaser from resorting to partial or full bank credit to pay the price, but it is warned that, due to the reflection period (7 days), mandatory under no. 5 of article 13 of Decree-Law 74-A/2017, paying the price within the stated period of 15 days will be very difficult. 4) The fact that the bidder is awaiting a response on bank financing does not suspend the payment period.


AI market valuation

Market value, achievable rent and yield, with similar properties on the market today. Valued as legal and vacant.


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