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Cultivated land with trees, in Várzeas da Amendoeira, Querença

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Translated automatically from Portuguese.

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Current Price€0
Reserve Price€15,130
Auction Ends
Sourcee-leilões
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Technical Sheet

TypeAgricultural Land
Typologynão aplicável
Total area1,980 m²
Private area1,980 m²
OccupancyEmpty
OwnershipFull Property
Ownership %100%

Address

AddressUnião de freguesias de Querença, Tôr e Benafim
Postal Code8100-110
CityLoulé
CountryPT

Description

Rural property consisting of cultivated land with trees, with an area of 1,980 m2, bounded to the north by Manuel Francisco Costa, to the south by heirs of José Vitória Sebastião, to the east and west by José Emídio, located at Várzeas da Amendoeira, parish of Querença, municipality of Loulé, listed in the respective land register under land registry article 3816, current parish of Querença (formerly article 10153, of the Union of Parishes of Querença, Tor and Benafim), registered at the Conservatória do Registo Predial de Loulé under no. 4783/20090921 - parish of Querença, with a taxable rateable value of € 6.71.

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 verify the condition of the property to be acquired; therefore, before submitting a bid, the bidder should ensure that it meets their expectations and is in the desired condition. Failure by the bidder to verify the condition of the property does not, under the law, result in the annulment of the sale. By submitting a bid, it is presumed that the interested party has viewed the property and knows its characteristics; 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.
The 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 property may be sold and which corresponds, pursuant to article 816, paragraph 2 of the CPC, to 85% of the starting price. The transfer of the property will be made in the name of the bidder and not in the name of third parties whom they may nominate.
PLEASE NOTE that after the close of the auction, the bidder of the highest bid (provided it is equal to or higher than the reserve sale price) is notified to, WITHIN 15 (FIFTEEN) days, deposit the full amount of the price offered, together with any applicable taxes.
PLEASE NOTE FURTHER that, for the consequences provided for in article 825 of the Code of Civil Procedure, if the deposit of the price is not made within 15 days after being notified by the Sales Officer/Enforcement Agent, namely by decision of the Judge, “seizure of sufficient assets to guarantee the missing amount plus costs and expenses, without prejudice to criminal proceedings, and the latter being simultaneously enforced in the same proceedings for payment of that amount and additions.
In the event of recourse to bank credit, it is noted that the 15 days for the deposit of the price after notification by the Enforcement Agent are not suspended, except in cases provided for by law.


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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