Property located in Paranhos

1/3 of the urban building consisting of 10 independent rooms in a four-storey house, described in the Porto Land Registry Office under number 6404, parish of Paranhos, and registered in the urban land register under article 9376.

Please note that:

• May be subject to VAT at the statutory rate;
• It is the sole responsibility of the bidder to verify the condition of the asset to be acquired and, if they see fit, before submitting a bid, to ensure that it meets their expectations and is in the conditions sought, since, by submitting a bid, the bidder is presumed to have inspected the above-described asset and to know its characteristics, and accordingly accepts no liability for its state of repair and, where applicable, its possible operation;
• The asset is sold in its current physical and legal state, without warranty against any defects that may arise or that may eventually exist, free of occupants and goods;
• If, at the close of the auction, the value of the best bid exceeds the reserve price, the bidder will be contacted to make a deposit of 20% (twenty per cent) of the bid value within a maximum of 15 (fifteen) days, with the balance to be paid within a maximum of 45 (forty-five) days after that date, upon execution of the relevant public deed of sale and purchase. Please be advised that: If, at the close of the auction, the value of the best bid exceeds the reserve price, the bidder is obliged to deposit the proposed amount, and attachment (arresto) of sufficient assets may be applied to secure the above value, under item c), no. 1, art. 825 of the C.P.C. – Code of Civil Procedure, approved by Law no. 41/2013 of 26 June, as amended by Law no. 114/2017 of 29 December.