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Rural property in Arazede

No Sale

Translated automatically from Portuguese.

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Current Price€5,200
Reserve Price€7,660
Auction Ends
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Technical Sheet

TypeAgricultural Land
Typologynão aplicável
Total area6,890 m²

Address

AddressBeco D'Entre Carreiras
Postal Code3140-022
CityMontemor-o-Velho
CountryPT

Description

Rural property known as Montelérios, situated at Arazede, parish of Arazede, municipality of Montemor-o-Velho, consisting of pine woodland and scrubland, bounded to the north by Joaquim da Costa Tabanez, to the south by Manuel Fernando, to the east by a right-of-way path and to the west by José Jorge Buco, area 6,890 m2, registered in the respective tax register under land registry article 16377 and described in the Montemor-o-Velho Land Registry Office (CRP) under number 9110/Arazede.

Land of pine woodland and scrubland, second-cycle eucalyptus plantation, good forestry potential, good access.

As this is a rural property, interested parties wishing to submit offers must carry out a prior inspection, visiting the property and ensuring that it meets their expectations. Pursuant to Article 838 of the Code of Civil Procedure, it is presumed that the bidder has inspected the property and knows its characteristics, and all responsibility for failing to verify these matters is disclaimed; this failure to verify does not constitute grounds for annulling the sale. The areas stated for the property are based on the property description/tax record, so should there be any discrepancies with the actual areas, the purchaser will be responsible for any correction thereof.

Interested parties are advised that it was not possible to notify any adjoining owners, who may therefore exercise the right of pre-emption at a later date.

The enforced party Maria dos Santos Melo Rebola has been appointed as depositary, having been informed of the duties inherent to the role, namely the duty to administer the property, the duty to render accounts and the duty to present the property when requested, pursuant to Articles 760 and 771 of the CPC.

Visits are arranged in advance with the depositary, through the contact details given in the respective visits field.

The reserve price is that stated in the field «VALOR MÍNIMO» and not the opening price.

Once the auction has closed and the offer has been accepted, the bidder will in due course be notified to deposit the price offered, without fail, within 15 days (Article 824(2) of the Code of Civil Procedure).

The final award of this asset may be affected by the exercise of the right of redemption, pre-emption, or any other applicable right, in accordance with the law.

All requests for information should be sent to: fernanda.jorge-5246c@adv.oa.pt


AI market valuation

Market value, achievable rent and yield, with similar properties on the market today. Valued as legal and vacant.


Location

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