Rural property situated in Vila Nova de São Bento, Serpa

Rural property consisting of arable farming, with a total area of 6.0875 hectares, situated in Zorras, Vila Nova de São Bento, bordering to the north with Francisco Maria Martins, to the south and west with Maria Rufina and to the east with Gonçalves Palma Lopes, registered in the rural tax matrix under art. 207, section BB, of the parish of Vila Nova de São Bento, municipality of Serpa and described at the Land Registry Office under no. 3026/20020321, of the same parish and municipality.

The asset is sold in the physical and legal state in which it stands, free of encumbrances or charges. The failure of potential interested parties to inspect the asset does not, under the terms of the Law, lead to the annulment of the sale, it being presumed that they had full knowledge of the state of repair and characteristics of the asset offered for sale, accepting it in the state in which it stands. In the event of adjudication of the asset, the adjudicatee must, within 8 days of notification of adjudication, pay a deposit of 20% of the amount offered, the remainder of the price being paid on the date of the deed of sale and purchase, which must be executed only with the bidder and not with third parties whom the bidder may nominate. The transfer of the asset will be carried out by public deed or ready-completion sale, to be scheduled by the Insolvency Administrator and must take place at a Notarial Office/Land Registry Office in the area of the professional domicile of the Insolvency Administrator, within a maximum of 60 days from the date of adjudication. All costs relating to the execution of the respective deed of sale and purchase shall be borne by the purchaser; Pursuant to the combined provisions of no. 6 of article 164 of the Insolvency and Corporate Recovery Code, and no. 6 of article 833 of the Code of Civil Procedure, this sale is exempt from the requirement to present the building's licence of use, energy certificate and housing technical sheet, and therefore, under the same legal provisions, it is the purchaser's responsibility to legalise the property, if applicable. No visit need be arranged, as the property is accessible by a beaten earth track from the public road (tarmacadam).