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Rural Property – Ribeiro de Alforra and Fonte Garcia – LOT 2

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Translated automatically from Portuguese.

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Current Price€1,702
Reserve Price€2,893
Auction Ends
Sourcee-leilões
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Technical Sheet

TypeAgricultural Land
Typologynão aplicável
Total area117 m²

Address

AddressEstrada João Gonçalves Zarco
Postal Code9300-079
CityCâmara de Lobos
CountryPT

Description

Rural property used for pasture and arable farming, bordering to the north with Joaquim dos Santos Júnior and João Gomes dos Santos Fava; to the south, east and west with António Pinto Figueira Júnior, situated at Ribeiro de Alforra and Fonte Garcia, parish and municipality of Câmara de Lobos, described in the Câmara de Lobos Land Registry Office under no. 8055 and registered in the respective tax matrix under article 41 of section "S".

The property in question lies in a high residential area of the parish, characterised by single-family houses interspersed with small agricultural plots. It is an area with reasonable road access. It enjoys good sun exposure and panoramic views over the parish. The property is served only by pedestrian access, but with road access nearby.
The sale arises from inventory proceedings.
Before bidding, the bidder should familiarise themselves with the bidding rules set out in Despacho 12624/2015 of 9 November, the provisions on sale contained in the Code of Civil Procedure, and Portaria 282/2013 of 29 August, failing which no non-conformity may subsequently be raised, as the goods are sold in the conditions in which they stand, in fact and in law. It is the entire responsibility of interested parties to verify the condition of the property, and before submitting any bid they should visit the property. Viewings will be arranged in advance through the contacts indicated in the viewing arrangements with the appointed Enforcement Agent, and will take place up to 5 days before the final date of the auction. It is the sole and exclusive responsibility of the bidder to verify the condition of the property to be acquired, and therefore before submitting a bid they should ensure whether it meets their expectations and is in the conditions sought. By submitting a bid, it is presumed that the interested party has inspected the property and is aware of its characteristics, and any liability for its state of repair is disclaimed. The property is sold in its current state, in fact and in law, so failure to carry out this verification by the bidder does not, under the law, result in the annulment of the sale. All costs associated with the acquisition will be borne by the purchaser.


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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