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Property intended for commercial use (shop) located in the parish of Sé, municipality of Braga

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Translated automatically from Portuguese.

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Current Price€42,650
Reserve Price€72,500
Auction Ends
Sourcee-leilões
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Technical Sheet

TypeCommercial
Typologynão aplicável
Total area88 m²
Private area88 m²
OccupancyEmpty
OwnershipFull Property
Ownership %100%

Address

AddressRua Boavista, Sé 302 E 1º C N
Postal Code4700-416
CityBraga
CountryPT

Description

Autonomous unit designated by the letter "D", corresponding to a shop on the first floor, centre, north, in Block A, the one on the east side, intended for economic activities, with exclusive use of the terrace of 15.90 m2, adjoining to the west, with access via the common gallery/staircase linking Rua da Boavista, with nos. 302 D, 302 E and 302 F, to the south, and Rua Dr. Manuel José da Silva Thedim to the north, of the building constituted under horizontal property regime located at Rua da Boavista, nos. 302, 302 A, 302 B, 302 - C, 302 D, 302 E, 302 F, 304, 304 A, 304 B, 306, 306 A, 306- B, parish of Braga (Sé), municipality of Braga, registered in the urban property tax matrix of the united parishes of Braga Maximinos, Sé and Cividade under article 1772 and best described under no. 349/19990803-D at the 2nd Land Registry Office of Braga.

IMPORTANT NOTICES:

1) The movable items visible in the photos are NOT part of the sale.

2) Property in vacant state - see photos above.

Please be aware that there are various events that may lead to an outcome different from what is expected, namely:

a) Exercise of the right of redemption;
b) Exercise of the right of pre-emption;
c) Insolvency of the judgment debtor;
d) Payment of the debt;
e) Possible occurrence of an irregularity rendering the sale invalid.

Once your bid is accepted, as the property for sale is in the possession of António Augusto Fernandes Sá Machado (legal representative of the executed company and trustee depositary), he will be notified to hand it over voluntarily.

If he does not do so, the bidder will have to apply for compulsory handover of the property (cf. article 828 of the CPC), a procedure whose costs will be borne by that same bidder, under civil procedural legislation – see article 50, no. 4 of Ordinance no. 282/2013 of 29 August.

The trustee depositary appointed in the proceedings for the property offered for sale here is António Augusto Fernandes Sá Machado, so interested parties' visits to the property must be arranged in advance with him, using the contacts provided in the "VISITS" tab.

Please also note the following:

1) Under no. 6 of article 833 of the Code of Civil Procedure, this transfer is exempt from presenting the certificate of use or occupation, the acquirer being advised of the obligation to legalise the property, should this be necessary.

2) If you are bidding on behalf of or representing a third party, before doing so you must make sure you effectively have sufficient powers to bid on behalf of that third party, in that:

  • If you are bidding on behalf of a legal person, you must be its legal representative, with effective powers for the act, in accordance with the company's articles of association.
  • If it is a natural person, you must hold the appropriate power of attorney, with special powers for the act.

The powers of representation, in either case, must subsequently be demonstrated in the relevant enforcement proceedings, should the property be awarded.

If, within the enforcement proceedings in question, it is found that the bidder / user does not have the powers of representation claimed, that person is then considered PERSONALLY LIABLE for the submission of the bid, bearing all the responsibilities that follow, such as those arising from failure to deposit the price, under article 825 of the Code of Civil Procedure.


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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