Right of usufruct - House in Ponta Delgada

Right of usufruct over the urban property used for residential purposes located at Largo de Santiago no. 11 in Água Pau, Lagoa, Ponta Delgada, described at the Conservatória do Registo Predial de Lagoa - Açores under file 327 of the parish of Água de Pau and registered in the respective land register under article 1366º of the said parish.

The female usufructuary was born on 30 March 1956 and turned 68 this year, and the male usufructuary was born on 11 June 1951 and turns 73 this year.
As provided in article 1444º of the Civil Code, the right will expire upon the death of the original usufructuary
To arrange visits, interested parties should contact the female judgment debtor. It is the sole responsibility of the bidder to verify the condition of the property, and they should ensure that it is in the desired condition before bidding. Please note that, until the property is handed over, it may suffer deterioration and/or alteration, for which the enforcement agent bears no responsibility. Pursuant to article 824º, no. 2 of the Code of Civil Procedure, the price must be deposited within 15 days of notification of the enforcement agent for this purpose. The fact that the bidder is awaiting a response regarding possible financing does not suspend the above payment deadline. Finally, please be advised that failure to deposit the price may lead to the attachment of sufficient assets to secure the outstanding amount, in accordance with article 825º, no. 1(c) of the Code of Civil Procedure.
Interested parties are responsible for informing themselves legally about the circumstances of the asset(s) to be acquired, if they wish, by seeking legal advice from a duly qualified professional – jurist, solicitor or lawyer – as the undersigned, as the holder of the case, does not provide legal advice. WARNING --- ALL INTERESTED PARTIES/BIDDERS ARE ADVISED THAT ONLY BIDS SUBMITTED ON THIS PLATFORM UP TO THE DATE AND TIME OF CLOSING OF THE SALE WILL BE CONSIDERED (bids submitted outside this electronic platform will not be considered).

WARNING* ALL INTERESTED PARTIES/BIDDERS ARE ADVISED THAT ONLY BIDS SUBMITTED ON THIS PLATFORM UP TO THE DATE AND TIME OF CLOSING OF THE SALE WILL BE CONSIDERED (bids submitted outside this electronic platform will not be considered)*