Lot of land in Pedroso

Lot comprising:

• Rural property named 'Ribeira Grande', located at Lugar do Moeiro, with a total area of 22,000 m2, consisting of arable land, described at the 2nd Land Registry Office of Vila Nova de Gaia under no. 9720 and entered in the respective property matrix under article 4909, of the parish of Pedroso e Seixezelo.
• Urban property located at Lugar de Moeiro, with a total area of 72 m2, consisting of a single-storey building, described at the 2nd Land Registry Office of Vila Nova de Gaia under no. 9852 and entered in the respective property matrix under article 1011, of the parish of Pedroso e Seixezelo.

It is further stated that the lot of properties in question, comprising a rural property and an urban property, corresponds to a set of land without buildings, which has capacity for construction or extension of an industrial unit, in accordance with the Municipal Master Plan (PDM) in force in Vila Nova de Gaia.

Please note that:

• The bidder bears sole responsibility for verifying the condition of the property to be acquired and should therefore, before submitting a bid, make sure that it meets their expectations and is in the condition they require, since by submitting a bid the bidder is presumed to have inspected the property described above and to be aware of its characteristics, and consequently accepts no liability for its state of repair and, where applicable, its operation;
• The property is sold in its physical and legal state as it stands, without guarantees 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 is higher than the reserve price, the bidder will be contacted to deposit 20% (twenty per cent) of the bid amount within a maximum of 15 (fifteen) days, the remainder to be paid within a maximum of 45 (forty-five) days after that date, upon execution of the corresponding public deed of sale and purchase. Please note that: if, at the close of the auction, the value of the best bid is higher than the reserve price, the bidder is obliged to deposit the amount bid, and an attachment (arresto) of sufficient assets may be ordered to secure that amount, pursuant to sub-paragraph c), no. 1, article 825 of the C.P.C. (Código de Processo Civil), approved by Law no. 41/2013 of 26 June, as amended by Law no. 114/2017 of 29 December