URBAN - 2 PROPERTIES OF GROUND FLOOR AND FIRST FLOOR, IN THE CENTRE OF ALMANCIL, LOULÉ
Translated automatically from Portuguese.














































Technical Sheet
Address
Description
Urban property, situated at Rua 1º de Maio, nos. 18 and 18-A in Almancil, parish of Almancil, municipality of Loulé, comprising two dwellings, both of ground floor and first floor, and yard, which as a whole is bordered to the north by Joaquim da Silva, to the west by Antónia Joana de Brito, to the south by Manuel Guerreiro Lima and to the east by Rua 1º de Maio (formerly a track), registered in the respective tax register: the property at no. 18 under article 9133, with 4 rooms, the ground floor comprising an entrance hall with kitchen, WC with washbasin and toilet, and a staircase to the first floor with 2 bedrooms, with a covered area of 30.00 m² and the yard with an area of 120.00 m²; and the property at no. 18 A under article 13198, with 4 rooms, the ground floor comprising an entrance hall with staircase to the first floor, kitchen and 1 bedroom; first floor, small room with kitchen, WC and one bedroom, with a covered area of 48.00 m², described at the Loulé Land Registry Office under number 6731/19960723 of the parish of Almancil.
The sale is conducted by electronic auction and was ordered within declaratory proceedings for division of common property. The properties constitute a single unit and are therefore sold together, for a total value of EUR 184,875.00; they are very well located, in the centre of the Algarve, about 10 km from the beach, the University of the Algarve, Faro Airport, the cities of Loulé and Faro, Forum Algarve, 3 km from Mar Shopping Algarve and 2 km from the Parque das Cidades/Estádio do Algarve.
The surrounding area has shops and services, and is relatively close to access to Loulé, Quarteira, Vilamoura, beaches and various facilities and services, including schools, administrative services, etc.
The properties are occupied/leased.
The property at no. 18 is in poor condition and habitability; no. 18 A is in average condition.
It is the sole responsibility of the bidder to verify the condition of the assets to be acquired, and therefore before submitting a bid must ensure that they meet their expectations and are in the conditions sought. The properties are sold in their current state, and prospective bidders are advised to carry out a prior verification of the condition of the assets. Failure by the bidder to carry out this verification does not, under the law, constitute grounds for annulling the sale. Interested parties wishing to view the properties must be registered on the e-leilões platform in order to access the contact details of the person in charge of the sale. By submitting a proposal, the interested party is presumed to have inspected the properties and to know their characteristics, and any liability for their state of conservation is disclaimed. A bid cannot be cancelled once it has been placed; the bid is final and cannot be revoked, annulled or otherwise amended. PLEASE NOTE THAT THE MOVABLE ASSETS SHOWN IN THE PHOTOS ARE NOT INCLUDED IN THE SALE OF THE PROPERTIES. Please be advised that, after the close of the auction, the bidder making the highest offer is notified to pay the full amount of the price offered, together with any applicable taxes, within 15 days. If the payment of the price is not made within 15 days of notification by the person in charge of the sale, attention is drawn to the consequences provided in article 825 of the Code of Civil Procedure, namely, by decision of the judge, the seizure of sufficient assets to secure the outstanding amount plus costs and expenses, without prejudice to criminal proceedings, and the said amount being simultaneously enforced within the same proceedings for payment of that value and additional sums.
The person in charge of the sale is the enforcement agent Maria Teresa Viegas, mobile phone no. 969491208 and email sol.maria.teresa.viegas@gmail.com or 2548@solicitador.net, who should be contacted to arrange viewings.
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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