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Building plot located in Silves - Lot no. 13

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Translated automatically from Portuguese.

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Current Price€41,500
Reserve Price€70,550
Auction Ends
Sourcee-leilões
Go to Auction at e-leilões

Technical Sheet

TypeBuildable Land
Typologynão aplicável
Total area613 m²
OccupancyEmpty
OwnershipFull Property
Ownership %100%
ConditionNeeds Work

Address

AddressSilves
Postal Code8300-043
CitySilves
CountryPT

Description

  • Urban property, comprising a building plot for construction, designated as Lot No. 13, situated at Poço Deão, parish and municipality of Silves, with an area of 613.00 m2, bordered to the north by Xelbinvest - Investimentos Imobiliários, Ldª, to the south by a road, to the east by lot 12 and to the west by public green space two and a road, registered in the urban property register under article 8420 of the said parish and municipality of Silves and described in the Silves Land Registry Office under number 7468/Silves.
  • The plot is currently covered in dense vegetation.
  • The lot has access to Municipal Road 1154.
  • Excellent location, 10 minutes from the city centre of Silves.
  • On site, it was found that the sewer and stormwater manhole covers have been removed, and that the electricity network is damaged.
  • The attached documents section contains the Loteamento Licence (Alvará de Loteamento) No. 4/2006, made available by the Silves Municipal Council, dated 28 April 2006, which sets out the areas, typology and plan of the lot.
  • Before submitting any bids, interested parties should also review the operating rules and the FAQs on the website www.e-leiloes.pt and/or seek advice from a Solicitador or Advogado.
  • It is the sole and exclusive responsibility of the bidder to verify the condition of the property to be acquired; therefore, before submitting a bid, they should ensure that it meets their expectations and is in the desired condition. They should also bear in mind that, given the specific nature of the sale and the fact that the property is not handed over at the time of award, it may suffer deterioration or alterations.
  • Visiting arrangements: please contact the Enforcement Agent (Agente de Execução).
  • GPS coordinates: 37.169380, -8.434452.

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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