Building Plot in Queluz de Baixo

Plot of land for construction, with a total area of 700 m2, located at Rua Cândido dos Reis, also accessible via Largo 5 de Outubro, in Queluz de Baixo, parish of Barcarena, municipality of Oeiras, described at the 1st Land Registry Office of Oeiras under no. 38 and registered in the urban property tax matrix under article 5825.

The property for sale results from a Division of Common Property (Divisão de Coisa Comum) process. It is a plot of land at the entrance to Queluz de Baixo, 2 minutes from the IC 19, with pedestrian access to public transport in about 4 minutes, in a very quiet area, with a shed of approximately 81.60 m2 and with potential for the construction of properties of this configuration.

The expert report considered 900 m2 of estimated gross construction area for 3 single-family houses, a figure determined on the basis of the Oeiras Municipal Master Plan (PDM), considering that three houses with two floors each may be built on the land, with a footprint per floor
of 150 m2, corresponding to the 900 m2 of gross construction area.

Bidders are advised that, before submitting any bid, they must visit the property for sale, as it will be sold in the condition in which it stands, and no liability is accepted for failure to check its condition beforehand; bids should therefore be submitted consciously and responsibly.

Please note the following: once the electronic auction has ended and if the best bid exceeds 85% of the starting price, the conditions will be in place for the property to be awarded to the bidder, as soon as:
a) the bidder deposits the price and demonstrates compliance with tax obligations, namely payment of IMT (Municipal Property Transfer Tax) and IS (Stamp Duty), which must be done within 15 days of notification of this decision (no. 2 of article 824 of the CPC):
b) no pre-emption rights are exercised (within 10 days), without prejudice to any possible redemption rights (article 842 of the CPC). Proof of payment of Stamp Duty and IMT is made by delivering to the Enforcement Agent the duplicate of form model 1 IMT/IS, the respective settlement and the proof of payment.

As this is a judicial sale, payment of IMT/IS is made at any tax office (serviço de finanças).

A bid is final and cannot be revoked, cancelled or otherwise altered. If your bid exceeds the reserve price and, at the close of the auction, is found to be the highest bid, you are obliged to deposit the price, with the consequences set out in article 825 of the Code of Civil Procedure, namely, by decision of the Judge, "attachment of sufficient assets to guarantee the outstanding amount, plus costs and expenses, without prejudice to criminal proceedings, and the latter being simultaneously enforced in the same proceedings for payment of that amount and additions.