Mixed property situated in Redondo
Translated automatically from Portuguese.































































Technical Sheet
Address
Description
Mixed property situated in the parish of Redondo, municipality of Redondo, described at the Redondo Land Registry under no. 2232, and registered in the land register under urban articles 1003 and 4475, and rustic articles 6 and section 1 046, corresponding to an olive grove, arable crops, citrus orchard, fig grove, vineyard, riverbed and watercourse; single-storey building for habitation with 3 rooms and a stable – gross covered area: 100 m2; building used for storing machinery and agricultural implements, comprising an outbuilding used for storage
and sheds. GPS COORDINATES: 38.683856, -7.550176
The custodian granted access and authorised the Enforcement Agent to take photographs of the interior of the property.
Despite the description in the Tax Record and Permanent Certificate, the following was verified on site:
The property is an estate of around 36 hectares, the rustic part consisting mostly of vineyards with an irrigation system, two ponds and two wells.
The urban part is a single-storey building for habitation comprising an entrance hall, a generously sized living room with kitchenette and fireplace, four bedrooms, one of which is en suite, a bathroom and a laundry room.
Outside, there is also an annex used as a machine room with a bathroom and a porch with a barbecue.
And a warehouse used as a workshop.
The property is well maintained and shows no obvious signs of damage.
Bidders are advised that requests to inspect the assets must be made at least 8 days before the closing date of the auction.
GENERAL RECOMMENDATION – ELECTRONIC AUCTIONS
- Prior to submitting a bid, you must verify the condition of the asset, as it is sold in its physical and legal state as it stands. The areas indicated serve only as a reference, as no exact measurements were taken on site. Before making bids, potential interested parties should inform themselves of the qualities and characteristics and of all other aspects they consider relevant, no liability being accepted for its state of repair.
- Pursuant to Article 833(6) of the CPC, the sale of 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 licence of use or construction, the absence of which the competent authority for formalising the act records in the document, it being the purchaser's obligation to regularise it
- As follows from Article 54(1) of Law 91/95, of 2/9, 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 rustic properties requires a favourable opinion from the municipal council of the location of the properties, it being the purchasers' responsibility to submit it.
- Once a bid has been submitted, it cannot be withdrawn.
- The value attributed to the asset for sale does not include the taxes due on the transfer, whether IMT, stamp duty, VAT or other special taxes, and it is the purchaser's responsibility to submit a declaration proving payment of these or that the transfer of the assets 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, seize the assets of the bidder who wins the auction and does not deposit the price – please 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.
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