lastprice

Urban property in a quiet area of Martim Longo

No Sale

Translated automatically from Portuguese.

Photo 1 of 25
Photo 2 of 25
Photo 3 of 25
Photo 4 of 25
Photo 5 of 25
Photo 6 of 25
Photo 7 of 25
Photo 8 of 25
Photo 9 of 25
Photo 10 of 25
Photo 11 of 25
Photo 12 of 25
Photo 13 of 25
Photo 14 of 25
Photo 15 of 25
Photo 16 of 25
Photo 17 of 25
Photo 18 of 25
Photo 19 of 25
Photo 20 of 25
Photo 21 of 25
Photo 22 of 25
Photo 23 of 25
Photo 24 of 25
Photo 25 of 25
Current Price€61,400
Reserve Price€104,295
Auction Ends
Sourcee-leilões
Go to Auction at e-leilões

Technical Sheet

TypeBuilding
TypologyT1
Bedrooms1
Total area88 m²
Private area105 m²
Dependent area14 m²
OccupancyOccupied by Owner
OwnershipFull Property
Ownership %100%

Address

AddressRua Doutor Antero Cabral
Postal Code8970-278
CityAlcoutim
CountryPT

Description

Urban property (URBANO) - intended for residential and commercial use, with two floors, located at Rua Dr. Antero Cabral, in Martim Longo, parish of Martim Longo, municipality of Alcoutim, described at the Alcoutim Land Registry Office under No. 519/19941018 and registered in the respective tax matrix under article 1933, with a tax property value, determined in 2021, of 47,664.40 euros

CREDITS HAVE BEEN CLAIMED.
The goods found in the property are personal belongings of the judgment debtors and are not for sale. The property has been adapted for residential use, although the land register still lists commercial use, the description is not up to date, and the tax record states its use as residential.
NOTE: The building had direct access to the property described under No. 1704/20031104 and registered in the respective tax matrix under article 2170, although both have separate entrances on different streets.
Interested parties should inform themselves of the qualities and characteristics, licences and other aspects they consider relevant concerning the asset, in particular the area of the property, since the Land Registry Office records an area of 63 m2 and the tax record gives a total plot area of 88 m2, building footprint: 88 m2; gross construction area 119 m2; gross ancillary area: 14 m2 and gross private area: 105 m2, as can be seen in the tax record and land register included in the auction. It is the sole and exclusive responsibility of the bidder to verify the condition of the asset to be acquired, and they should therefore, before submitting a bid, make sure that it meets their expectations and is in the desired condition. The property is sold in its current state, and interested parties wishing to submit purchase offers are advised to verify its condition beforehand. Failure by the bidder to carry out this verification does not, under the law, result in the sale being annulled. Interested parties who wish to view the property must be registered on the e-leilões platform in order to access the contact details of the depositary custodian. The items shown in the photographs are not for sale; only the property is being sold. By submitting a bid, 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. A bid cannot be cancelled once made; the bid is final and cannot be revoked, annulled or otherwise altered. After the auction closes, the bidder who has made the highest offer is notified to pay the full amount of the price offered, together with any applicable taxes, within 15 days. They are obliged to pay the price subject to the consequences provided for in article 825 of the Code of Civil Procedure, namely, by decision of the Judge, "seizure of sufficient assets to guarantee the outstanding amount plus costs and expenses, without prejudice to criminal proceedings, and that amount, together with the additions, being enforced in the same proceedings for payment of that amount." Please note that there are various procedures provided for by law which may lead to an outcome different from that expected, namely: a) Exercise of the right of redemption; b) Exercise of the right of pre-emption; c) Insolvency of the judgment debtor(s); d) Payment of the debt or payment agreement; e) Possible identification of an irregularity rendering the sale invalid; f) Death of the judgment debtor. Unless expressly stated otherwise, the goods sold carry no warranty, and in the case of properties they may not be licensed and/or their characteristics may not correspond to the documentary information, and it is the responsibility of the purchaser to carry out their legalisation. Once the bid is accepted, as the property offered for sale is in the possession of the judgment debtor (appointed as depositary custodian), the latter will be notified to hand it over voluntarily. If they do not do so, the bidder will have to request forced delivery of the property, a procedure which will incur costs that are the responsibility of that same bidder, in accordance with civil procedural legislation.
The sale is entrusted to Enforcement Agent Maria José Palma Santos, with professional licence number 2556


AI market valuation

Market value, achievable rent and yield, with similar properties on the market today. Valued as legal and vacant.


Location

Loading map...