Land located in Alvarenga

A one-third share of a rural property, comprising cultivated land with 20 vines, a eucalyptus grove, and a pine wood with 2 cork oaks, registered in the rural land register under article 739 of the parish of Alvarenga, Arouca, and described in the land registry office under no. 534.

Please note that:

• VAT may apply at the statutory rate;
• It is the sole responsibility of the bidder to verify the condition of the property to be acquired and, before submitting a bid, to ensure that it meets their expectations and is in the desired condition, since by submitting a bid the bidder is presumed to have inspected the above-described property and to be aware of its characteristics; consequently, no liability is accepted for its state of repair and, where applicable, its possible functioning;
• The property is sold in its current physical and legal state, without warranty against any defects that may arise or that may exist, free of occupants and goods;
• If, at the close of the auction, the value of the best bid exceeds the reserve price, the bidder will be contacted to pay a deposit of 20% (twenty per cent) of the bid value within a maximum of 15 (fifteen) days, the remainder being payable within a maximum of 45 (forty-five) days after that date, upon execution of the corresponding public deed of sale and purchase. Please be advised that: if, at the close of the auction, the value of the best bid exceeds the reserve price, the bidder is obliged to deposit the amount bid, and assets sufficient to guarantee the above-mentioned value may be attached, under point c) of no. 1 of art. 825 of the C.P.C. (Código do Processo Civil, Civil Procedure Code), approved by Law no. 41/2013 of 26 June, in its version given by Law no. 114/2017 of 29 December.