Rural property located in Vila Nova de São Bento, Serpa

Rustic property consisting of arable land, with a total area of 6.0875 hectares, located in Zorras, Vila Nova de São Bento, bordered to the north by Francisco Maria Martins, to the south and west by Maria Rufina and to the east by Gonçalves Palma Lopes, registered in the rustic land registry under land registry article 207, section BB, of the parish of Vila Nova de São Bento, municipality of Serpa, and described at the Land Registry Office under no. 3026/20020321, of the same parish and municipality.

The property is sold in its current physical and legal state, free of encumbrances or charges. The failure of potential interested parties to inspect the property does not, under the law, result in the annulment of the sale, it being presumed that they had full knowledge of the state of repair and characteristics of the property offered for sale and accept it in the state in which it stands. In the event of adjudication of the property, the adjudicatee must pay, within 8 days of notification of adjudication, a deposit (caução) of 20% of the amount offered, the balance of the price being paid on the date of the deed of sale and purchase, which must be executed only with the presenter of the bid and not with third parties whom they may nominate. The transfer of the property will be made by public deed or ready-to-complete deed (casa pronta), to be scheduled by the Insolvency Administrator and must be carried out at the Notarial Office/Land Registry Office in the area of the Insolvency Administrator's professional domicile, within a maximum of 60 days from the date of adjudication. All costs relating to the execution of the respective deed of sale and purchase shall be borne by the buyer. Pursuant to the combined provisions of no. 6 of article 164º of the Insolvency and Corporate Recovery Code, and no. 6 of article 833º of the Civil Procedure Code, this sale is exempt from the presentation of the licence of use for the building, the energy certificate and the housing technical sheet, so that, under the same legal provisions, it is the buyer's responsibility to legalise the property, if applicable. No need to arrange a visit, as the property is accessible by a dirt track from the public road (tarmac).