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Building plot located at Silves - Lot No. 2

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Translated automatically from Portuguese.

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Current Price€40,500
Reserve Price€68,850
Auction Ends
Sourcee-leilões
Go to Auction at e-leilões

Technical Sheet

TypeBuildable Land
Typologynão aplicável
Total area722 m²
OccupancyEmpty
ConditionNeeds Work

Address

AddressSilves
Postal Code8300-043
CitySilves
CountryPT

Description

  • Urban property, consisting of a building plot known as Lot No. 2, located at Poço Deão, parish and municipality of Silves, with an area of 721.9 m2, bounded to the north by parking and a road, to the south by a municipal road, to the east by lot 3 and to the west by lot 1, registered in the urban land register under article 8409, of the said parish and municipality of Silves, and described at the Land Registry Office of Silves under number 7457/Silves.
  • Currently it is covered in dense vegetation.
  • The lot has access to Municipal Road 1154.
  • Excellent location, 10 minutes from the centre of Silves.
  • On site, it was found that the drain and stormwater covers have been removed, and that the electricity network is damaged.
  • The Subdivision Permit No. 4/2006, issued by Silves Municipal Council on 28 April 2006, which sets out the areas, typology and plan of the lot, can be viewed in the attached documents field.
  • Before submitting any bids, interested parties should also review the operating rules and FAQs available on the website www.e-leiloes.pt and/or seek advice from a solicitor (solicitador) or lawyer (advogado).
  • It is the sole and exclusive responsibility of the bidder to verify the condition of the property to be acquired; therefore, before submitting a bid, the bidder should ensure that it meets their expectations and is in the desired condition. The bidder should also bear in mind that, given the particular nature of the sale and the fact that the property is not handed over at the time of adjudication, it may suffer deterioration or alterations.
  • Viewing arrangements – Please contact the Enforcement Agent.
  • GPS coordinates: 37.169380, -8.434452.

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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