Rural property at Vaqueiros

Rustic property located at Palmeirinhas, described at the Cadastre and Land Registry Office of Alcoutim under no. 4300, in the parish of Vaqueiros, municipality of Alcoutim, and registered in the respective rustic land register under Land Registry Article no. 125, Section no. 132.

The Enforcement Agent does not carry out legal due diligence on the properties being sold, and holds no further information beyond that published on the E-leiloes.pt platform.

It is the sole and exclusive responsibility of the bidder to verify the condition of the asset to be acquired and, before submitting a bid, to make sure that it meets their expectations and is in the conditions they require. The property is sold in its current state, and prospective bidders are advised to carry out a prior inspection of its condition. The absence of such inspection by the bidder does not, under the law, entitle them to annul the sale. Interested parties who wish to view the property must be registered on the e-leilões platform, in order to have access to the contact details of the custodian. By submitting a bid, the interested party is presumed to have inspected the property and to be aware of 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 otherwise altered. Please note that only bids submitted through the E-leilões.pt platform are accepted; all bids made by other means will neither be accepted nor considered.

Please note that after the close of the auction, the bidder of the highest offer (provided it is equal to or above the reserve price) is notified to deposit the full amount of the price offered, together with any applicable taxes, within 15 days. Once the purchase price has been deposited and the taxes relating to the sale of the property have been paid, the public deed is scheduled at a location designated by the Enforcement Agent.

If the purchase price is not deposited within 15 days of notification by the Enforcement Agent, attention is drawn to the consequences provided for in Article 825 of the Code of Civil Procedure, namely, by decision of the Judge, "the attachment of sufficient assets to guarantee the outstanding 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 additional sums. Where bank credit is used, please note that the 15 days for depositing the price following notification by the Enforcement Agent are not suspended, except in the cases provided for by law. The custodian having been advised of their duties, namely to show the property to anyone wishing to view it.