3-bedroom apartment with parking and sea view - Câmara de Lobos

Apartment T3 · Câmara de Lobos, Câmara de Lobos   −28% vs Atlas estimate

At auction

Features

Amenities detected in the official auction description — confirm on the e-leiloes.pt listing before bidding.

Property description

Autonomous fraction designated by the letters "AX", consisting of a residential unit, located on the second floor right, to the north, also affecting the exclusive use of parking space no. 20, located at Caminho Grande e Ribeiro de Alforra, no. 8, Ribeiro de Alforra Housing Complex, Block L, 2nd floor, fraction AX, in the parish and municipality of Câmara de Lobos, described in the Câmara de Lobos Land Registry under no. 2781, fraction AX and registered in the respective land register under article 5117, fraction AX, in the parish of Câmara de Lobos.

Notes

3-bedroom apartment with open sea views and a balcony, located on the top floor (2nd floor without elevator). Vacant property, ready to move in or rent immediately; Comprising a spacious living room with direct access to the balcony, offering unobstructed views of the sea and the city; a spacious kitchen with a laundry area; three bedrooms with built-in wardrobes; two bathrooms, one with a bathtub and the other with a shower; exclusive parking space included; Property requiring minor improvements, ideal for rapid appreciation; solid foundation, good areas and functional layout allow for simple intervention with a direct impact on market value; Located in a quiet residential area, close to schools, pharmacies and services; a few minutes' walk from the center of Câmara de Lobos and with quick access to Funchal; A real opportunity to acquire below market value, ideal for those seeking appreciation potential or an investment with return; Properties with sea views, balconies, and 3-bedroom layouts in this location are in high demand and have a fast turnover – don't miss this opportunity! The minimum bid is €202,500.00, and any lower bid will be subject to court consideration. NOTE: It is the sole and exclusive responsibility of the bidder to verify the condition of the property to be acquired. Therefore, before submitting a bid, they must ensure that it meets their expectations and is in the desired condition. Before making bids, potential bidders should familiarize themselves with the qualities, characteristics, and all other aspects they deem relevant. By submitting a bid, it is presumed that the interested party has inspected the property and is aware of its characteristics, and any responsibility for its state of conservation is disclaimed. The property is sold as is, so interested parties must carry out a prior inspection of the property's condition. Failure to do so by the bidder does not, under the law, invalidate the sale. No viewings will be scheduled in the last 3 business days before the auction's closing date. Failure to inspect the property in advance is not grounds for annulment of the sale; therefore, a bid should only be submitted if the bidder intends to purchase under the conditions presented.

Content automatically translated — the original text is in Portuguese.

Atlas aggregates this information for informational purposes and is not a party to the transaction. The discount analysis is indicative, based on the parish's median prices.