1/2 URBAN PROPERTY - ALBUFEIRA (TOURIST DEVELOPMENT)

1/2 share of the autonomous unit belonging to the executed party Michael Srewart Bailey, designated by the letters "AU", corresponding to the first floor, apartment no. 207, intended for residential use, of the urban building located at Rua Columbano Bordalo Pinheiro, Areias de São João, parish and municipality of Albufeira, described in the Albufeira Land Registry Office under no. 1223, entered in the tax matrix under article 12330, of the parish of Albufeira e Olhos de Água, with a tax assessed value of 60,625.90 euros, attached on 06/07/2012.

The said unit lies within a tourist accommodation unit

Movable, well located, close to shops, transport and beaches.

Requires some repairs, being in reasonable condition.

Attention is drawn to the fact that it is the sole and exclusive responsibility of the bidder to verify the condition of the asset to be acquired, and its true typology, and therefore before submitting a bid they must 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 asset is not handed over at the close of the auction, it may suffer deterioration or alterations, for which responsibility will lie solely with the faithful custodian (fiel depositário).

WARNING: The areas and description of the property in this notice are based on those described in the land registry certificate and tax matrix. However, interested bidders must check in advance, by all available means, whether the property matches their acquisition requirements. Failure by bidders to carry out this check does not, under the law, lead to the annulment of the sale. Interested bidders should first consult the website www.e-leiloes.pt in order to be fully informed of the auction rules and the legal consequences of their bids.