Right of usufruct - Detached house, Ponta Delegada

Right of usufruct over the urban property used for residential purposes located at Largo de Santiago no. 11 in Água Pau, Lagoa, Ponta Delegada, described at the Lagoa - Azores Land Registry Office under record 327 of the parish of Água de Pau and registered in the corresponding tax register under article 1366 of the said parish.

The judgment debtor usufructuary was born on 30 March 1956, is 68 years old this year, and the judgment debtor usufructuary was born on 11 June 1951, is 73 years old this year.
As provided in article 1444 of the Civil Code, the right will be extinguished upon the death of the original usufructuary.
To arrange viewings, interested parties must contact the judgment debtor. It is the sole responsibility of the bidder to verify the condition of the asset and to ensure that it is in the desired condition before bidding. Please note that, until the property is handed over, it may suffer deterioration and/or alterations, for which the Enforcement Agent is not liable. Pursuant to article 824(2) of the Code of Civil Procedure, the price must be deposited within 15 days of notification of the Enforcement Agent for this purpose. The fact that the bidder is awaiting a response regarding possible financing does not suspend the above payment deadline. Finally, please be advised that failure to deposit the price may lead to the attachment of sufficient assets to secure the outstanding amount, as provided in article 825(1)(c) of the Code of Civil Procedure.
Interested parties are responsible for informing themselves legally about the circumstances of the asset(s) to be acquired, if they so wish by seeking legal advice from a duly qualified professional (jurist, solicitor or lawyer), as the undersigned, as case holder, does not provide legal advice. NOTICE --- ALL INTERESTED PARTIES/BIDDERS ARE HEREBY ADVISED THAT ONLY PROPOSALS SUBMITTED ON THIS PLATFORM UP TO THE DATE AND TIME OF CLOSING OF THE SALE WILL BE CONSIDERED (proposals submitted outside this electronic platform will not be considered).

NOTICE* ALL INTERESTED PARTIES/BIDDERS ARE HEREBY ADVISED THAT ONLY PROPOSALS SUBMITTED ON THIS PLATFORM UP TO THE DATE AND TIME OF CLOSING OF THE SALE WILL BE CONSIDERED (proposals submitted outside this electronic platform will not be considered)*