Urban and Rural Property in Jardim da Serra

THE LOT consists of the two buildings referred to in the List of Assets contained in the minutes of the conference of interested parties and in the Order of appointment attached to the case file, which are described as follows:

SINGLE ITEM:

1 - Rural: Rural property located at Cabo do Podão, Caminho Velho da Boca dos Namorados, no. 13, in the parish of Jardim da Serra, municipality of Câmara de Lobos, consisting of cultivated land and pine forest, with a total area of 1,930 m2, bounded to the north by the Caminho, to the south and west by Francisco de Abreu, and to the east by the Caminho and Francisco de Abreu, with a current tax assessed value of EUR 42.03, determined in 1989, registered in the land register under land registry article 2, Section "BU", of the parish of Jardim da Serra, municipality of Câmara de Lobos, described in the Land Registry Office of Câmara de Lobos under no. 977/ Jardim da Serra, where the acquisition in favour of the interested parties Miquelina Rodrigues de Sousa and Tiago de Jesus Mendes de Abreu, each holding one half, both divorced, is registered by entry 1648 of 2025/02/13.
– Valuation: EUR 176,650.00

2 - Urban: Urban property, in full ownership, without storeys or divisions capable of independent use, intended for residential use, consisting of two floors and a backyard, located at Caminho Velho da Boca dos Namorados No. 13, parish of Jardim da Serra, municipality of Câmara de Lobos, with a total gross area of 93 m2, of which 48 m2 is the footprint, with a private gross area of 96 m2, with a current tax assessed value of EUR 28,283.51, determined in 2024, assessed under the terms of the CIMI, registered in the land register of the said parish of Jardim da Serra under art. 2995, described in the Land Registry Office of Câmara de Lobos under no. 976 of Jardim da Serra, where the acquisition in favour of the interested parties Miquelina Rodrigues de Sousa and Tiago de Jesus Mendes de Abreu, each holding one half, both divorced, is registered by entry 1648 of 2025/02/13.

• Valuation: EUR 58,830.00

Total value attributed to the two properties described above, sold as a lot, as a Single Item: Overall valuation (sum of the valuations of both buildings): EUR 235,480.00

SINGLE ITEM-LOT
Starting price: EUR 277,035.29 (Two hundred and seventy-seven thousand and thirty-five euros and twenty-nine cents).
Sale value: EUR 235,480.00 (Two hundred and thirty-five thousand four hundred and eighty euros).

The present sale takes place within the Inventory Proceedings no. 4087/22.7T8FNC, pending before the Judicial Court of the Madeira District – Funchal – Family and Minors Court – Judge 3, as per the document attached, Fátima Barros Ferreira, CP 4786, identified in the case file, having been appointed to perform the functions of Enforcement Agent and Sale Officer.

The buildings are located in the parish of Jardim da Serra, municipality of Câmara de Lobos, in a calm setting surrounded by nature, with a wide view over the horizon.
They have a magnificent and permanent view over the city and the Bay of Câmara de Lobos, as they are located on an upper slope.

Before bidding, the bidder should familiarise themselves with the bidding rules set out in Order 12624/2015 of 9 November, the provisions relating to the sale contained in the Code of Civil Procedure, and also Ordinance 282/2013 of 29 August, failing which no non-compliance may subsequently be alleged, the goods being sold in the condition in which they stand, both as to fact and law.
It is the sole responsibility of interested parties to verify the condition of the property, and they must contact the custodian to arrange a visit to the property before submitting any bid.
Visits will be arranged in advance with the custodian through the contacts indicated in the visiting arrangements. It is the sole and exclusive responsibility of the bidder to verify the condition of the asset to be acquired, and therefore before submitting a bid they should ensure that it meets their expectations and is in the conditions they require. By submitting a bid, the interested party is presumed to have inspected the asset and to know its characteristics, and any liability for its state of repair is disclaimed.
The asset is sold in the condition in which it stands, both as to fact and law, so the failure of the bidder to carry out this verification does not, under the law, entail the annulment of the sale.
All costs associated with registration shall be borne by the purchaser.
The asset is vacant of persons and free of items.