Land with Building Improvement, Redondo, Évora

Plot of land for construction with a building improvement comprising a warehouse with a total area of 383.00 m2
Gross construction area of 429.00 m2
Building footprint area of 286.00 m2
Masonry warehouse, with two entrances, completed walls, windows, access gate, full roof, floor at the entrance and a wall enclosing the said construction.

1. In insolvency proceedings, the assets are sold in the physical and legal state in which they stand and are transferred free of encumbrances or charges, persons and assets;
2. It is for interested parties to visit and inspect the assets – by appointment – in particular as regards areas against official documents, the purchaser assuming responsibility for the purchase of what they have visited and undertaken to acquire, regardless of whether they have carried out a visit or inspection of the asset;
3. No viewings will be arranged in the last 5 working days before the auction closes, except where expressly indicated otherwise by the Judicial Administrator, by prior appointment requested by email at: “inacio.r.peres@aj.caaj.pt” with 5 working days' notice;
4. Sales in insolvency proceedings are exempt, under the law, from presenting the Licence of Use, Energy Certification and Technical Sheet (pursuant to no. 6 of art. 833 of the CPC and no. 6 of art. 164 of the CIRE);
5. Only a proposal of a value equal to or higher than the reserve sale price will be awarded;
6. Upon award, the successful bidder shall pay, by bank transfer or cashier's cheque, 20% of the sale price, as a deposit and part payment, payable to the Insolvent Estate;
7. Once the 20% payment is secured, the relevant deed of sale will be scheduled immediately, and the successful bidder will be notified of the day, time and address of the Notarial Office or Land Registry Office.
8. All costs arising from the execution of the respective deed of sale shall be borne by the purchaser;
9. The deed of sale will only be executed with the winning bidder, and assignment of the contractual position is not permitted;
10. The balance of the sale price shall be settled at the time of execution of the deed of sale, by cashier's cheque payable to the Insolvent Estate or alternatively by bank transfer to the insolvent estate's account at least 5 days in advance.