Rural Property in Portela, Sanhoane

Rural property consisting of a vineyard plot in the Douro demarcated region, 2nd class, located in Portela, registered in the respective tax matrix under article 150, section 2B, of the parish of Sanhoane and described in the Land Registry Office of Santa Marta de Penaguião under no. 44 of the parish of Sanhoane.

• Given the difficult access to the property, owing to the nature and location of the property, the photos are taken from the nearest roads. For this reason, a satellite photograph is also included, to make the property easier to identify. • By submitting a bid, the bidder is presumed to have inspected the property; verifying the condition of the asset to be acquired is the sole responsibility of the bidder, who must ensure that it is in the desired condition • Failure to do so by the bidder does not, under the law, result in the annulment of the sale • Interested parties are advised that visits must be scheduled in advance using the contacts listed in the respective visits field • No visits will be scheduled in the last 5 working days before the auction end date • If the price is not deposited within 15 (fifteen) days, the Enforcement Agent may, with prior judicial authorisation, seize the assets of the bidder who wins the auction, pursuant to article 825(1)(c) of the Code of Civil Procedure • If the highest bid is below the reserve price but of considerable value, it may be assessed by the parties or even submitted to the assessment of the Honourable Judge, so that it may be considered accepted • The sale may, eventually, be suspended in the event of insolvency of the judgment debtor(s), payment of the debt or possible discovery of an irregularity rendering the sale invalid, and the right of redemption or the right of pre-emption may also be exercised. • Warnings to note: 1) Under article 833(6) of the Code of Civil Procedure, this transfer is exempt from the presentation of a land use or construction licence, and the purchaser is advised of the burden of legalising the property, if necessary. 2) If bidding on behalf of or representing a third party, you must ensure that you have sufficient powers for the act, as follows: - If bidding on behalf of a legal entity, you must be its legal representative, in accordance with the company's articles of association. - If bidding as a natural person, you must hold the appropriate power of attorney, which must subsequently be produced in the relevant enforcement proceedings.