Apartment located in Vila Real Santo António

Apartment T3 · Vila Real de Santo António, Vila Real de Santo António   −63% vs Atlas estimate

At auction

Features

Property description

Autonomous unit designated by the letter A, corresponding to the right-hand ground floor, intended for housing, of the building constituted in horizontal property designated as Block IV, located in Lazareto, parish and municipality of Vila Real de Santo António, described in the Vila Real de Santo António Land Registry under number 1370 and registered in the respective land register under article 6286 of the aforementioned parish. GPS COORDINATES: 37.188786, -7.414359

Notes

The property consists of a 3-bedroom apartment in a three-story residential building without an elevator. The property comprises an entrance hall, living room, kitchen, three bedrooms, and two bathrooms. It is in a state of disrepair and requires general renovation. Furthermore, the property is currently vacant and in the possession of the Enforcement Agent. Bidders are advised that requests to inspect the property must be made at least 8 days prior to the auction closing date. GENERAL RECOMMENDATION – ELECTRONIC AUCTIONS - Before submitting a bid, you should verify the condition of the property, as it is sold in its current physical and legal state. The indicated areas serve only as a reference, as no exact measurements were taken on site. Before submitting bids, interested parties should familiarize themselves with the qualities, characteristics, and all other aspects they deem relevant. Any responsibility for the property's condition is disclaimed. - In accordance with paragraph 6 of article 833 of the CPC, the sale of real estate on which urban construction has been, or is being, carried out, or of a fraction thereof, may be carried out in its current state, without the need for a use or construction license, the lack of which shall be recorded in the document by the entity competent to formalize the act, and the respective legalization shall be the responsibility of the purchaser. - As provided for in paragraph 1 of article 54 of Law 91/95, of 2/9, as amended by Law No. 64/2003, of August 23, the celebration of any acts or legal transactions that may result in the establishment of co-ownership or the expansion of the number of co-owners of rural properties requires a favorable opinion from the municipal council of the location of the properties, and it is the responsibility of the purchasers to present it. - Once a proposal has been submitted, it cannot be withdrawn. - The price assigned to the goods for sale does not include taxes due on the transfer, whether these are IMT (Property Transfer Tax), IS (Stamp Duty), VAT or other special taxes. It is the responsibility of the buyer to present a declaration proving payment of these taxes or that the transfer of the goods is not subject to them. - Deposit of the price within fifteen days is MANDATORY. If the price is not deposited within the aforementioned period, the Enforcement Agent may, with prior judicial authorization, proceed with the seizure of the assets of the bidder who wins the auction and fails to deposit the price - carefully read the provisions of Article 825, paragraph 1, subparagraph c) of the Code of Civil Procedure.

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.