Rural Property in Penude - Lamego
Translated automatically from Portuguese.


Technical Sheet
Address
Description
Rural property consisting of scrubland, situated at Cimal, in the Parish of Vila Nova de Souto D'El-Rei, with an area of 16,437 m², bordered to the north and east by António Duarte Colónia, to the south by Joaquim Gomes Freitas and Agostinho Rijo, and to the west by Maria da Luz. Listed in the rural tax register under article 2273 – C of the aforementioned parish, described in the Lamego Land Registry Office under no. 1278 of the parish of Vila Nova de Souto Del-Rei
This description does not replace an in-person inspection of the condition of the asset, and the enforcement agent is not responsible for any change in the physical conditions of the property. The item is sold in the physical, legal and documentary condition in which it stands. It is the sole and exclusive responsibility of the bidder to verify the condition of the assets to be acquired, and they should therefore, before submitting a bid, ensure that they meet their expectations and are in the conditions they require. By submitting a bid, it is presumed that interested parties have inspected the asset and know its characteristics, and no liability is accepted for its state of repair or operation, nor for any incorrect description of information that may mislead; The buyer shall assume all costs and expenses inherent to the acquisition of the asset; Interested parties, before making any bids, must consult the operating rules and the FAQs available on the website www.e-leiloes.pt; In the absence of payment within the stipulated period, this will be treated as withdrawal, and the measures provided for in article 825 of the Code of Civil Procedure will be taken, namely the defaulting party will be held liable for non-payment, and a seizure (arresto) of sufficient assets may be ordered to guarantee the unpaid amount, plus costs and expenses, without prejudice to possible criminal proceedings. The areas indicated correspond to those in the tax register and the land registry description. It is further stated that the boundaries indicated in the description of the assets for sale are those appearing in the land registry, and there is a strong possibility that they are not up to date.
Pursuant to article 816(2) of the CPC, only bids equal to or above the reserve price, that is 85% of the starting price, will be accepted.
AI market valuation
Market value, achievable rent and yield, with similar properties on the market today. Valued as legal and vacant.
Location
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