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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€34,120
Reserve Price€58,000
Auction Ends
Sourcee-leilões
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Technical Sheet

TypeCommercial
Typologynão aplicável
Total area70 m²
Private area70 m²
OccupancyEmpty
OwnershipFull Property
Ownership %100%

Address

AddressRua Boavista, Sé 302 D 1º C S
Postal Code4700-416
CityBraga
CountryPT

Description

Autonomous fraction designated by the letter "C", corresponding to a shop on the first floor, centre, south, in Block A, the one on the east side, intended for economic activities, with exclusive use of the terrace of 4.5 m2, adjoining to the west, with access through the common gallery/staircase, which connects Rua da Boavista, with numbers 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 situated at Rua da Boavista, numbers 302, 302 A, 302 B, 302 - C, 302 D, 302 E, 302 F, 304, 304 A, 304 B, 306, 306 - A, 306- B, of the parish of Braga (Sé), municipality of Braga, registered in the urban property tax register of the joint parishes of Braga Maximinos, Sé and Cividade under article 1772.º and described under number 349/19990803-C at the 2nd Braga Land Registry Office.

IMPORTANT NOTICES:

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

2) Property in vacant state - see photos above.

Please note that there are several 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.

If your offer is accepted, as the property for sale is in the possession of António Augusto Fernandes Sá Machado (legal representative of the judgment debtor company and court-appointed custodian), 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.º of the CPC), a procedure which will incur costs that are the responsibility of that same bidder, under civil procedural legislation – see Article 50.º, No. 4 of Ordinance No. 282/2013 of 29 August.

The court-appointed custodian for the property offered for sale here is António Augusto Fernandes Sá Machado, therefore visits to the property by interested parties must be arranged in advance with him, using the contact details provided in the "VISITS" tab.

Please also note the following:

1) Pursuant to No. 6 of Article 833 of the Code of Civil Procedure, this transfer is exempt from presenting the licence for use or occupation, and the purchaser is advised of the obligation to legalise the property, if this is necessary.

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

  • If 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 it is found, within the enforcement proceedings in question, that the bidder / user does not have the powers of representation claimed, they will then be considered PERSONALLY LIABLE for the submission of the offer, bearing all the responsibilities that result from, for example, failure to deposit the price, under Article 825.º 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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