Rural property – tree crop cultivation, located at Várzeas da Amendoeira, Querença

Rural property, consisting of cultivated land with trees, with an area of 7,400.00 m2, bordering to the north with Francisco Sousa Dias, to the south with Álvaro Rosa Sousa, to the east with José Afonso and to the west with Adélia Nogueira Madeira, located at Serro Várzeas da Amendoeira, parish of Querença, municipality of Loulé, registered in the respective land registry matrix under article 3849, current parish of Querença (formerly article 10219, of the Union of Parishes of Querença, Tor and Benafim), described at the Loulé Land Registry under no. 474784/20090921 – parish of Querença, with a tax value of € 37.15.

Judicial sale by private negotiation, ordered in Inventory Proceedings no. 2697/22.1T8LLE, in which an Enforcement Agent was appointed as Sales Officer.
It is the sole and exclusive responsibility of the bidder to check the condition of the asset to be acquired, and therefore before submitting a bid they must ensure that it meets their expectations and is in the desired condition. Failure by the bidder to check the condition of the asset does not, under the legal terms, result in annulment of the sale. By submitting a bid, the interested party is presumed to have viewed the property and to know its characteristics, and any liability for discrepancies between the documentary and physical reality is disclaimed.
As this is a rural property, interested parties may visit at any time as access is free, and may be accompanied by the Sales Officer if they so wish.
Publication on this portal is not an auction but merely a means of advertising the sale. Although it is possible to register bids, they only become effective once delivered to the Sales Officer, which must be done in writing by any means up to the day and time when this publication ends. Therefore, bids must be submitted in writing to the Sales Officer, and bidders should bear this in mind, meaning that higher bids than those registered on the portal may exist.
ONLY BIDS EQUAL TO OR HIGHER THAN THE RESERVE PRICE WILL BE ACCEPTED. The “reserve price” is the value from which the asset may be sold, which, under paragraph 2 of article 816 of the CPC, corresponds to 85% of the starting price. The property will be transferred in the name of the bidder and not in the name of any third party they may nominate.
PLEASE NOTE that after the end of the auction, the bidder of the highest bid (provided it is equal to or higher than the reserve sale price) will be notified to, WITHIN 15 (FIFTEEN) days, deposit the full amount of the price offered, as well as any taxes due.
PLEASE NOTE ALSO that, for the consequences provided for in article 825 of the Code of Civil Procedure, if the price deposit is not made within 15 days after being notified by the Sales Officer/Enforcement Agent, namely by decision of the Judge, “the seizure of sufficient assets to guarantee the missing amount plus costs and expenses, without prejudice to criminal proceedings, and the latter being simultaneously executed in the same proceedings for payment of that amount and additions.
In the case of resorting to bank credit, please note that the 15 days for the price deposit after being notified by the Enforcement Agent do not stop running, except in the cases legally provided for.