Rural property - Pedregal - VERBA 4
Translated automatically from Portuguese.





Technical Sheet
Address
Description
Rustic land used for pasture and arable cultivation, bordering to the north with the heirs of Augusta Teixeira, to the south and west with Manuel Gomes Henriques, and to the east with José Paulino Faria, located at Pedregal, parish and municipality of Câmara de Lobos, described in the Câmara de Lobos Land Registry Office under number 8052 and registered in the respective tax matrix under article 1, section "A14" arv.827.
The property lies in an upper 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 an inventory action.
Before bidding, the bidder must familiarise themselves with the bidding rules set out in Despacho 12624/2015 of 9 November, the provisions on sale contained in the C.P.C. (Code of Civil Procedure) and also Portaria 282/2013 of 29 August, failing which no non-conformity may subsequently be claimed. The assets are sold in the condition in which they stand, de facto and de jure. It is the sole responsibility of interested parties to verify the condition of the property, and they should visit the property before submitting any proposal. Visits will be arranged in advance through the contacts indicated in the visit 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 asset to be acquired, so before submitting a proposal they should make sure it meets their expectations and is in the desired condition. By submitting a proposal, the interested party is presumed to have inspected the asset and to know its characteristics, and any liability for its state of conservation is disclaimed. The asset is sold in the state in which it stands, de facto and de jure, so the failure of the bidder to carry out this verification does not, under the law, result in the annulment of the sale. All costs associated with the acquisition shall 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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