Plot of 9,660 m2 located in Carvoeiro, Lagoa

Rural property, located at Sítio de Bemparece or Canada, joint parish of Lagoa and Carvoeiro, municipality of Lagoa, registered in the rural tax matrix under article 73, section J, described at the Lagoa Land Registry Office, parish of Lagoa, under No. 5078, with a total area of 9,660 m2.

1) No visits will be scheduled in the five (5) working days prior to the end date of the auction; 2) Upon notification of acceptance of the bid, the winning bidder must pay the accepted price in full into the bank account of the Insolvent Estate indicated for this purpose, within five (5) days. 3) Immovable property 3.a) By submitting the offer, it is presumed that the interested party has inspected the property and knows its characteristics, and no liability is accepted for its state of conservation; 3.b) All costs relating to the execution of the respective deed of sale and purchase shall be borne by the purchaser; 3.c) Pursuant to the combined provisions of paragraph 6 of article 164 of the Insolvency and Business Recovery Code and paragraph 6 of article 833 of the Code of Civil Procedure, this sale is exempt from the requirement to present the property's licence of use, energy certificate and housing technical sheet, and therefore, where applicable, under the same legal provisions, it is the purchaser's responsibility to carry out their legalisation; 3.d) The deed of sale and purchase will only be executed with the person submitting the offer and not with third parties whom they may subsequently nominate; 3.e) The deed of sale and purchase will take place at a location, date and time to be designated by the Insolvency Administrator. 4) Movable property 4.a) By submitting the offer, it is presumed that the interested party has inspected the movable property and knows its characteristics, and no liability is accepted for its state of conservation and operation; 4.b) All costs relating to the transfer of ownership shall be borne by the purchaser; 4.c) The transfer of ownership will only be carried out with the person submitting the offer and not with third parties whom they may subsequently nominate; 4.d) The purchaser has a maximum period of twenty (20) days to collect the goods, it being noted that any need to extend this period will be considered by the Insolvency Administrator; 4.e) If the Insolvent Estate belongs to a legal person, VAT at the applicable statutory rate will be added to the value of the accepted offer. In other cases, the Insolvency Administrator will notify the need to add VAT.