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1/2 share of Urban Property intended for housing and commerce, in Agualva

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Translated automatically from Portuguese.

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Current Price€183,143
Reserve Price€268,175
Auction Ends
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Technical Sheet

TypeBuilding
Typologynão aplicável
Total area183 m²
Private area183 m²
OccupancyRented
Ownership %50%
ConditionNeeds Work

Address

AddressRua Elias Garcia 41 a 47
Postal Code2735-261
CitySintra
CountryPT

Description

Half share (1/2) of an urban building intended for commercial/service and residential use, comprising ground floor, 1st, 2nd and 3rd floors with left and right sides, and a set-back 4th floor, located at Rua Elias Garcia, Nos. 41, 41 A, 43, 45 and 47, in the locality and parish of Agualva, municipality of Sintra, described in the Land Registry Office of Agualva-Cacém under No. 1478, and registered in the urban land registry of the parish currently named União das Freguesias de Agualva e Mira-Sintra, under article 1380.

The urban building consists of 5 storeys: the ground floor comprises 3 independent shops, and the 1st, 2nd and 3rd floors each comprise 2 flats. The 4th floor comprises only 1 flat.

The shops (ground floor) and the flats (1st, 2nd and 3rd floors) are all let; however, the rent paid could not be ascertained.
The existence of a contract for the promise of purchase and sale of the 1/2 share of the urban building for sale has come to light, which includes a commodatum (loan for use) concerning the 4th-floor flat.
The signatory was unable to verify the condition of the shops and flats, as access was not provided, so their condition is unknown. However, it was found that the common parts of the property are in very poor condition.
The property is located in the centre of Agualva, opposite the bus terminal and Agualva-Cacém railway station, well served by transport, shops and services. In the present enforcement, no objection is pending and no claims have been lodged. Interested parties are advised that verifying the condition of the asset to be acquired is their sole and exclusive responsibility, and that they should ensure it meets their expectations and is in the desired condition. Failure to verify the condition is not grounds for annulling the sale procedure.


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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