Rustic property situated in Redondo
Translated automatically from Portuguese.

























Technical Sheet
Address
Description
Rural property located in the parish of Redondo, municipality of Redondo, registered at the Redondo Land Registry under no. 1622, and entered in the tax land register under article 9 and 10, section 045, corresponding to vineyard, olive grove and arable land. GPS COORDINATES: 38.683861, -7.550262
The property has been handed over to the Enforcement Agent here.
Despite the description in the Property Tax Record and Permanent Land Registry Certificate, the following was found on site:
The property is a plot of land of approximately 15 hectares, planted with vineyards.
Prospective bidders are advised that requests to inspect the assets must be submitted at least 8 days before the auction end date.
GENERAL RECOMMENDATION – ELECTRONIC AUCTIONS
- Before submitting a bid, you should check the condition of the asset, as it is sold in its physical and legal state as it stands. The areas indicated are for reference only, as no exact measurements were taken on site. Before making bids, prospective buyers should familiarise themselves with the qualities and characteristics and all other aspects they consider relevant, no liability being accepted for its state of repair.
- Under article 833(6) of the CPC, the sale of a property in which urban construction has been, or is being, carried out, or of a fraction thereof, may take place in its current state, exempt from the requirement for a utilisation or construction licence, the absence of which the authority competent to formalise the act records in the document, it being the purchaser's responsibility to legalise it
- As follows from article 54(1) of Law 91/95, of 2 September, as amended by Law no. 64/2003, of 23 August, the execution of any acts or legal transactions that may result in the creation of co-ownership or an increase in the number of co-owners of rural properties requires a favourable opinion from the municipal council of the location of the properties, it being the responsibility of the purchasers to submit it.
- Once a bid has been submitted, it cannot be withdrawn.
- The value assigned to the asset for sale does not include the taxes due on the transfer, whether IMT, IS, VAT or other special taxes, and it is the responsibility of the purchaser to present a declaration proving payment of these or that the transfer is not subject to them.
- PAYMENT OF THE PRICE WITHIN FIFTEEN DAYS IS MANDATORY. If the price is not deposited within that period, the Enforcement Agent may, with prior judicial authorisation, order the attachment of the assets of the bidder who wins the auction and does not deposit the price - read carefully the provisions of article 825(1)(c) of the Code of Civil 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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