Single Lot of 2 Urban Properties located in Póvoa de Lanhoso
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Technical Sheet
Valuation
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Description
Sale in a Lot of 2 Properties:
The following properties are sold together in a single lot:
Sale in Inventory Proceedings.
Item 1 - Urban property comprising 3 floors, with an outbuilding and backyard, intended for residential use, with a total area of 1,626m2, of which 255m2 is covered and 1,371m2 uncovered, located at Avenida da Republica, no. 99, registered in the urban tax register of the parish of Nossa Senhora do Amparo, municipality of Póvoa de Lanhoso, under article 204 and described at the Land Registry Office of Póvoa de Lanhoso under number 1043 - Nossa Senhora do Amparo;
Item 2 - Urban property comprising ground floor, 1st floor and attached backyard, with a total area of 288m2, of which 150m2 is covered and the backyard is 138m2, located at Rua Dr. Manuel Ferreira, no. 8, registered in the urban tax register of the parish of Nossa Senhora do Amparo, municipality of Póvoa de Lanhoso, under article 419 and described at the Land Registry Office of Póvoa de Lanhoso under number 1044 - Nossa Senhora do Amparo.
The areas described here are those stated in the Expert Report/Topographic Survey.
The sale takes place within inventory proceedings.
The property described under Item no. 2 of the List of Assets is subject to a commercial lease, and the tenant has a right of pre-emption to acquire it. If a proposal is submitted to acquire it together with Item no. 1, this is conditional on the tenant's pre-emption right: the tenant will be notified in that capacity under the law to exercise that right, and the sale of that property is conditional on the right not being exercised. If the tenant exercises that right, the proposal made will be completed only in respect of Item no. 1, for the amount of 500.000,00€ (Five hundred thousand euros) = 85% of the starting price.
The area indicated corresponds to the sum of the areas of the 2 properties and is the one stated in the Expert Report/Topographic Survey. For more detailed information on the areas of each property, please check the respective property tax records and the attached report.
AI market valuation
Market value, achievable rent and yield, with similar properties on the market today. Valued as legal and vacant.
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