At auctionHouse T3 · Pico, Vila Verde −51% vs Atlas estimate
At auction

Realistic acquisition price (114 750 €) against the Atlas market estimate for the parish (235 340 €). Indicative estimate.
Amenities detected in the official auction description — confirm on the e-leiloes.pt listing before bidding.
Urban building consisting of a ground floor and upper floor house, with a yard, located in Aveleda, described in the Vila Verde Land Registry under No. 243/19980518 of the Pico parish, and registered in the urban property register under article No. 71 of the Pico parish.
The property was the subject of an appraisal carried out by an expert appraiser within the scope of this enforcement action, who described the property for sale as a building that, according to the Property Use Plan (PUP), has a plot of land measuring 440.00 m2, and a house with a gross construction area of 167.00 m2, divided into 164.00 m2 of private area and 3.00 m2 of dependent area. The site inspection allowed the expert to ascertain that the house has 2 floors, with the ground floor intended for a living room and kitchen and the first floor intended for bedrooms and a bathroom. The house has an annex, of low quality, intended for parking vehicles, and also has an extension, at the level of the first floor, which is unfinished. These elements do not appear to be reflected in the areas listed in the Property Use Plan (PUP). The expert further concluded that, overall, the dwelling is of low quality by current standards, lacking thermal insulation and air conditioning, with small areas, damp patches inside due to condensation, and also due to the unfinished area, which consists only of load-bearing walls and a roof, therefore not waterproofed/watertight, allowing water to accumulate near the bedrooms. The yard is small, mainly in the front area. It is further noted that the property is currently occupied by the defendants. The property for sale will be transferred in its current physical, legal, and documentary condition. It is the responsibility of the bidders to verify its condition. Therefore, before submitting any offer, they should ensure that the property for sale meets their expectations and is in the desired condition. Interested parties are advised to verify the property's condition beforehand. The lack of this verification by the proposer does not, under the law, determine the annulment of the sale in accordance with Article 842 et seq. of the CPC – Code of Civil Procedure, approved by Law No. 41/2013, of June 26, as amended by Law No. 114/2017, of December 29. It is also important to note that it is essential to consult the operating rules available on the website www.e-leiloes.pt.
Content automatically translated — the original text is in Portuguese.
Sale managed on the official e-leiloes.pt platform — Atlas aggregates the information and is not a party to the transaction.
Source: e-leiloes.pt (reference LO1498542026) — consult the official listing and documentation before any bid.
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.