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Building plot in Silves - Lot No. 8

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Translated automatically from Portuguese.

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Current Price€0
Reserve Price€72,250
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Technical Sheet

TypeBuildable Land
Typologynão aplicável
Total area883 m²
ConditionNeeds Work

Address

AddressSilves
Postal Code8300-043
CitySilves
CountryPT

Description

  • Urban property, comprising a building plot for construction, designated as Lot No. 8, located at Poço Deão, parish and municipality of Silves, with an area of 883.00 m2, bordered to the north and east by Xelbinvest - Investimentos Imobiliários, Ldª, to the south by lot 7 and to the west by lot 9 and a road, registered in the urban property register under article 8415 of the said parish and municipality of Silves and described in the Silves Land Registry Office under number 7463/Silves.
  • The plot is currently covered in dense vegetation.
  • The lot has access to Municipal Road 1154.
  • Excellent location, 10 minutes from the city centre of Silves.
  • On site, it was found that the drain and stormwater manhole covers have been removed, and that the electricity network is damaged.
  • The Loteamento Licence (Alvará de Loteamento) 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 section.
  • Before submitting any bids, interested parties should review the operating rules and FAQs available at www.e-leiloes.pt and/or seek advice from a Solicitor or Lawyer.
  • The bidder bears sole and exclusive responsibility for verifying the condition of the property to be acquired and must therefore, before submitting a bid, ensure that it meets their expectations and is in the condition they require. They should also bear in mind that, given the specific 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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