Rural property located in Porto Santo

84/864 of the rural property corresponding to a rural building plot and a pasture or grazing plot in the parish of Porto Santo, municipality of Porto Santo, described at the CRP of Porto Santo under no. 8596, and registered in the tax matrix under article 140, section J.

Bidders are advised that requests to inspect the assets must be made at least 8 days before the end date of the auction.

GENERAL RECOMMENDATION – ELECTRONIC AUCTIONS

• Before submitting an offer, you must check the condition of the asset, as it is sold in its physical and legal state as it stands. The areas indicated serve only as a reference, as no exact measurements were taken on site. Before making offers, prospective buyers must acquaint themselves with the qualities and characteristics and all other aspects they consider relevant, and no liability is accepted for its condition.
• Pursuant to no. 6 of article 833 of the CPC, the sale of a property in which urban construction has been, or is being, carried out, or of a fraction thereof, may take place in its current state, exempt from the licence of use or construction, the absence of which the competent entity for formalising the act records in the document, and it is the acquirer's responsibility to legalise it
• Once an offer has been submitted, it cannot be withdrawn.
• The value attributed to the asset for sale does not include the taxes due on the transfer, whether IMT, IS, IVA or other special taxes, and it is for the acquirer to submit a declaration proving payment of these or that the transfer of the assets is not subject to them.

• Payment of the price within fifteen days is MANDATORY. If the price is not deposited within that period, the Enforcement Agent may, with prior judicial authorisation, seek the seizure (arresto) of the assets of the bidder who wins the auction and fails to deposit the price - read carefully the provisions of article 825, no. 1, point c) of the Code of Civil Procedure.