Mixed-use Property located in Redondo
Translated automatically from Portuguese.










































































Technical Sheet
Valuation
Valuation not available for this property.
Address
Description
Mixed property located in the parish of Redondo, municipality of Redondo, described in the Redondo Land Registry under no. 42, and registered in the urban tax register under 2367 and the rural tax register under section 5, article 23, corresponding to 7 plots of arable land, irrigated arable land, cork oak woodland and holm oak woodland, and vineyard, and 17 rooms for habitation - gross construction area (S.C.) 227 m2, plus a stable, a bread oven, a henhouse and a pigsty. GPS COORDINATES: 38.621860, -7.663128
The property has been handed over to the Enforcement Agent.
Despite the description in the Property Register Certificate and the Permanent Land Certificate, the following was verified on site:
The property is an estate of approximately 150 hectares, the rural part consisting mostly of vineyards with an irrigation system, two ponds and three wells.
The urban part is a single-storey building with a workshop, a warehouse, a water treatment station, two storerooms, a bathroom, a space with a wood-fired oven and a space used by former employees with a living room, kitchen and bathroom.
In the same building, but with independent access, there is a house intended for the caretakers' accommodation, consisting of a kitchen, pantry, three bedrooms, a bathroom and an annex used for storage.
The property is vacant and in a very poor state of repair, both in the urban and the rural part.
Bidders are advised that requests to inspect the assets must be made at least 8 days before the auction closing date.
GENERAL NOTICE – ELECTRONIC AUCTIONS
- Before submitting a bid, you must check the condition of the asset, as it is sold in its physical and legal state as it stands. The areas indicated are for reference only, as no exact measurements were taken on site. Before submitting bids, prospective buyers must acquaint 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 article 833(6) 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 entity competent to formalise the act records in the document, the purchaser being responsible for its legalisation
- As provided in article 54(1) of Law 91/95, of 2 September, in the wording given by Law no. 64/2003, of 23 August, the execution 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, the purchasers being responsible for submitting 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, whether IMT, IS, VAT or other special taxes, and the purchaser must submit a declaration proving payment of these 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 deposited within that period, the Enforcement Agent may, with prior judicial authorisation, seize the assets of the bidder who wins the auction and fails to deposit the price – read carefully the provisions of article 825(1)(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.
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