Plot of land, quiet area, privacy and good access, with a tank and borehole water,

Rural property consisting of cultivated land with trees, WITH A TANK AND A BOREHOLE, with an area of 10,200 m2, bounded to the north by a road, to the south by José Marcelino, to the east by Manuel Guerreiro da Luz and to the west by Manuel Francisco Costa, located at Várzeas da Amendoeira, parish of Querença, municipality of Loulé, registered in the respective tax matrix under article 3811, current parish of Querença (formerly article 10143, of the Union of Parishes of Querença, Tor and Benafim), described at the Loulé Land Registry Office under no. 4782/20090921 – parish of Querença, with a tax assessed value of € 53.81.

Judicial sale by private negotiation, ordered in Inventory Proceeding no. 2697/22.1T8LLE, in which the Enforcement Agent was appointed as the Person in Charge of the Sale.
Situated in a quiet area with privacy and good access, including a tarmac road. It has a tank and borehole water. Ideal for those seeking tranquillity while remaining close to all the services they need in their everyday life. It is approximately 8 km to the centre of the city of Loulé with all services (hospitals, schools, supermarkets); 500 metres (restaurant, café); 22 km to Quarteira Beach; 26 km to Faro International Airport.

It is the sole and exclusive responsibility of the bidder to inspect the condition of the property to be acquired; therefore, before submitting a bid, they should ensure that it meets their expectations and is in the desired condition. Failure by the bidder to inspect the condition of the property does not, under the law, result in the sale being annulled. By submitting a bid, it is presumed that the interested party has viewed the property and knows its characteristics, and no liability is accepted for any discrepancy between the documentary and physical reality.
As this is a rural property, interested parties may visit at any time as access is free, and they may be accompanied by the Person in Charge of the Sale if they so wish.
This publication on the portal is not an auction but merely a means of advertising the sale; although it is possible to register bids, they only become effective once delivered to the person in charge of the sale, which must be done in writing by any written means until the date and time when this publication ends. Therefore, bids must be submitted in writing to the person in charge of the sale, so bidders should bear this in mind, which means that there may be higher bids than those registered on the portal.
ONLY BIDS EQUAL TO OR ABOVE THE RESERVE PRICE WILL BE ACCEPTED. The "reserve price" is the value from which the property may be sold, which corresponds, pursuant to article 816(2) of the CPC, to 85% of the starting price. The property will be transferred in the name of the bidder and not to third parties whom they may nominate.
PLEASE NOTE that after the auction ends, the bidder of the highest offer (if equal to or above the reserve sale price) will be notified to, WITHIN 15 (FIFTEEN) days, pay the full amount of the price offered, together with any applicable taxes.
PLEASE NOTE FURTHER that, under the consequences provided for in article 825 of the Code of Civil Procedure, if the payment of the price is not made within 15 days after being notified by the Person in Charge of the Sale/Enforcement Agent, the attachment (arresto) of sufficient assets to secure the outstanding amount plus costs and expenses may be ordered by a judge, without prejudice to criminal proceedings, and the bidder will simultaneously be subject to enforcement in the same proceedings for payment of that amount and additional charges.
In the case of resorting to a bank loan, please note that the 15 days for paying the price after being notified by the Enforcement Agent are not suspended, except in cases provided for by law.