lastprice

Rural property located in Redondo

No Sale

Translated automatically from Portuguese.

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Current Price€146,303
Reserve Price€241,400
Auction Ends
Sourcee-leilões
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Technical Sheet

TypeAgricultural Land
Typologynão aplicável
Total area157,780 m²
OccupancyEmpty
OwnershipFull Property
Ownership %100%

Address

AddressEstrada Regional 381
Postal Code7170-118
CityRedondo
CountryPT

Description

Rural property situated in the parish of Redondo, municipality of Redondo, described in the Redondo Land Registry under no. 1622, and registered in the tax matrix under article 9 and 10 section 045, corresponding to vineyard, olive grove and arable land. COORDINATES GPS: 38.683861, -7.550262

The property was handed over to the Enforcement Agent.
Despite the description in the Tax Property Register and Permanent Land Registry Certificate, the following was observed on site:
The property is a plot of land of approximately 15 hectares, consisting of vineyards.

Bidders are advised that requests to inspect the assets must be made at least 8 days before the auction closing date.

GENERAL RECOMMENDATION – ELECTRONIC AUCTIONS

  • Before submitting a bid, you should check the condition of the asset, as it is sold in the physical and legal state in which it stands. The areas indicated are for reference only, as no exact measurements were taken on site. Before placing bids, prospective buyers should familiarise themselves with the qualities and characteristics and all other aspects they consider relevant, and no liability is accepted for its state of repair.
  • Pursuant to no. 6 of article 833 of the CPC, the sale of a property in which urban construction has been, or is being, carried out, or of a fraction thereof, may take place in its current state, exempt from the licence of use or construction, the absence of which the competent authority for formalising the act records in the document, it being the buyer's responsibility to legalise it
  • As follows from no. 1 of article 54 of Law 91/95, of 2/9, as amended by Law no. 64/2003, of 23 August, the conclusion of any acts or legal transactions that may result in the creation of co-ownership or an increase in the number of co-owners of rural properties requires a favourable opinion from the municipal council of the location of the properties, it being the responsibility of the buyers to submit it.
  • Once a bid has been submitted, it cannot be withdrawn.
  • The value attributed to the asset for sale does not include the taxes due on the transfer, be they IMT, IS, IVA or other special taxes, and it is the buyer's responsibility to present a declaration proving payment of them or that the transfer of the assets is not subject to them.
  • PAYMENT OF THE PRICE WITHIN FIFTEEN DAYS IS MANDATORY. If the price is not paid within that period, the Enforcement Agent may, with prior judicial authorisation, order the seizure of the assets of the bidder who wins the auction and fails to pay the price - read carefully the provisions of article 825, no. 1, point c) of the Code of Civil Procedure.

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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