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1/4 share of the Rural Property located in Santo António das Areias - Marvão

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Translated automatically from Portuguese.

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Current Price€0
Reserve Price€149,508
Auction Ends
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Technical Sheet

TypeAgricultural Land
Typologynão aplicável
Total area140,750 m²
OwnershipFull Property
Ownership %25%

Address

AddressSanto António das Areias
Postal Code7330-205
CityMarvão
CountryPT

Description

1/4 of the rural property located in the parish of Santo António das Areias, municipality of Marvão, described at the Marvão Land Registry under no. 86, and registered in the tax matrix under articles 58, section H, article 59 section H and article 62 section H. LOCATION COORDINATES 39.421064, -7.365137

Large plot of land of approximately 14 hectares with some cork oaks and pine trees, crossed by the road serving the locality, and also featuring a few outbuildings.

Prospective bidders are advised that requests to inspect the property must be submitted at least 8 days before the end date of the auction.

GENERAL RECOMMENDATION – ELECTRONIC AUCTIONS

  • Before submitting a bid, you must inspect the property, as it is sold in its physical and legal condition as it stands. The areas indicated are for reference only, as no exact measurements were taken on site. Before submitting bids, interested parties should familiarise themselves with the qualities and characteristics and all other aspects they consider relevant, with no liability accepted for its state of repair.
  • Pursuant to article 833(6) of the CPC, the sale of a property on 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 requirement for a licence of use or construction, the absence of which the entity competent to formalise the act records in the document; the obligation to legalise it rests with the purchaser.
  • As follows from article 54(1) of Law 91/95 of 2 September, as amended 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 where the properties are located, and it is the purchasers' responsibility to obtain it.
  • Once a bid has been submitted, it cannot be withdrawn.
  • The value attributed to the property for sale does not include the taxes due on the transfer, whether IMT, IS, IVA or other special taxes; it is the purchaser's responsibility to submit a declaration proving payment of these or that the transfer is not subject to them.
  • PAYMENT OF THE PRICE IS MANDATORY within fifteen days. If the price is not paid within that period, the Enforcement Agent may, with prior judicial authorisation, order the attachment (arresto) of the assets of the bidder who wins the auction and fails to pay 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.


Location

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