lastprice

Commercial property (shop) located in the parish of Sé, municipality of Braga

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Translated automatically from Portuguese.

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Current Price€46,550
Reserve Price€77,500
Auction Ends
Sourcee-leilões
Go to Auction at e-leilões

Technical Sheet

TypeCommercial
Typologynão aplicável
Total area95 m²
Private area95 m²
OccupancyRented
OwnershipFull Property
Ownership %100%

Address

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

Description

Independent unit designated by the letters “AA”, corresponding to a shop on the north side, for economic activities, in Block C, with exclusive use of the adjoining terrace to the west, with access from Rua da Boavista No. 302G, of the building constituted under horizontal property regime located at Rua da Boavista, nos. 294, 294A, 294B, 294C, 296, 296A, 296B, 296C, 298, 298A, 298B, 298C, 300 and 300A, parish of Braga (Sé), municipality of Braga, registered in the urban property tax register of the united parishes of Braga Maximinos, Sé and Cividade under article 8.º and described under no. 348/19990803-AA at the 2nd Land Registry Office of Braga.

IMPORTANT NOTICES:

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

2) The property is currently leased - see the attached lease agreement for further information.

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.

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

If he does not do so, the bidder will have to request the compulsory handover of the property (cf. Article 828.º of the Code of Civil Procedure), a procedure which will entail costs borne by that same bidder, under civil procedural legislation – see Article 50.º, No. 4 of Ordinance No. 282/2013 of 29 August.

The faithful depositary appointed in the proceedings concerning the property offered for sale here is António Augusto Fernandes Sá Machado, so visits to the property by interested parties must be arranged in advance with him, using the contact details provided in the tab "VISITAS".

Please also note the following:

1) Under No. 6 of Art. 833º of the Code of Civil Procedure, this transfer is exempt from the presentation of the certificate of use or occupation, and the purchaser is advised of the burden of legalising the property, should this be necessary.

2) If you are 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 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 be in possession of the competent 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 established, within the enforcement proceedings in question, that the bidder / user does not have the powers of representation claimed, he or she shall then be considered PERSONALLY LIABLE for the submission of the offer, incurring all the responsibilities that result, such as those arising from failure to deposit the price, under Art. 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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