lastprice

Commercial premises in a good location

Active

Translated automatically from Portuguese.

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Current Price€90,100
Reserve Price€112,925
Auction Ends
Sourcee-leilões
Go to Auction at e-leilões

Technical Sheet

TypeCommercial
TypologyT1
Bedrooms1
Total area103 m²
Private area103 m²
OccupancyEmpty
OwnershipFull Property
Ownership %100%
ConditionNeeds Work

Address

AddressRua 25 de Abril, Alagoa Lote 175 R/C
Postal Code8950-411
CityCastro Marim
CountryPT

Description

INDEPENDENT UNIT, designated by the letter "B", corresponding to the GROUND FLOOR "B" - intended for commercial use - Typology T1, of the urban building, constituted under horizontal property regime, located in the "Dunamar" Development - Lot 175, (currently at Rua Dom Pedro IV, no. 31), in Altura, parish of Altura, municipality of Castro Marim, described in the Castro Marim Land Registry Office under No. 549/19990224 - "B" and registered in the respective land registry under article No. 2785.
The said unit has the following layout: 1st Floor - Western Block - Commercial establishment no. 2 - Commerce - Room, sanitary facilities and storage .

The property is closed and unoccupied, with some goods visible in the photographs, which are not for sale. The property is in poor state of repair
Claims have been lodged
Prospective interested parties should inform themselves of the qualities, characteristics and state of repair of the asset being sold. It is the sole and exclusive responsibility of the bidder to verify the condition of the asset to be acquired, and therefore before submitting a proposal they should ensure that it meets their expectations and is in the conditions sought. The asset is sold in its current state, and interested parties wishing to submit purchase proposals are advised to verify the condition of the asset beforehand. Failure by the bidder to carry out this verification does not, under the law, result in the annulment of the sale. Interested parties wishing to view the asset must be registered on the e-leilões platform, in order to have access to the contact details of the faithful depositary. By submitting a proposal, the interested party is presumed to have inspected the asset and to know its characteristics, and no liability is accepted for its state of repair. A bid cannot be cancelled once placed; the bid is final and may not be revoked, annulled or altered in any way. Upon closing of the auction, the bidder making the highest offer is notified to deposit, within 15 days, the full amount of the price offered, together with any taxes due. The bidder is obliged to deposit the price, with the consequences provided for in article 825 of the Code of Civil Procedure, namely by decision of the Judge "attachment of sufficient assets to guarantee the missing amount plus costs and expenses, without prejudice to criminal proceedings, and this being simultaneously enforced within the same proceedings for payment of that amount and increases." 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 finding of irregularity rendering the sale invalid; f) Death of the judgment debtor. Once the proposal is accepted, the faithful depositary is notified to hand over the property voluntarily. If it fails to do so, the bidder will have to request forcible delivery of the asset, a procedure whose costs will be borne by that same bidder, in accordance with civil procedural legislation. The sale is entrusted to the Enforcement Agent in charge of the case: Maria José Palma Santos, with professional card number 2556


AI market valuation

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


Location

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