Rural property located in Saião, Lousa

Rustic property, comprising land with olive and cork oak trees, located in Saião, Lousa, registered in the respective tax matrix under land registry article 4053 of the parish of Lousa and described in the Torre de Moncorvo Land Registry Office under no. 3551.

By submitting a proposal, the bidder is presumed to have inspected the property; the bidder bears sole responsibility for verifying the condition of the asset to be acquired and must therefore ensure that it is in the desired condition • The failure of the bidder to do so does not, under the law, result in the annulment of the sale • Interested parties are advised that visits must be scheduled in advance through the contacts listed in the respective visits field • No visits will be scheduled in the last 5 working days before the auction closing date • If the price is not deposited within 15 (fifteen) days, the Enforcement Agent may, with prior judicial authorisation, seek the seizure of the assets of the bidder who wins the auction, pursuant to article 825(1)(c) of the Code of Civil Procedure • If the highest bid is below the reserve price but of considerable value, it may be assessed by the parties or even submitted to the assessment of the Honourable Judge, so that it may be accepted • The sale may be suspended in the event of insolvency of the judgment debtor(s), payment of the debt or any irregularity that renders the sale invalid; the right of redemption or the right of pre-emption may also be exercised. • Warnings to note: 1) Pursuant to article 833(6) of the Code of Civil Procedure, this transfer is exempt from the presentation of a licence of use or construction, and the purchaser is advised of the burden of legalising the property, if necessary. 2) If you are bidding on behalf of or in representation of a third party, you must make sure you have the necessary powers for the act, whereby: - If bidding on behalf of a legal entity, you must be its legal representative, in accordance with the company's articles of association. - If bidding on behalf of a natural person, you must be in possession of the relevant power of attorney, which must subsequently be demonstrated in the relevant enforcement proceedings.