At auctionApartment T2 · Vila do Conde, Vila do Conde −27% vs Atlas estimate
At auction

Realistic acquisition price (138 647 €) against the Atlas market estimate for the parish (189 471 €). Indicative estimate.
Autonomous unit designated by the letter E, intended for housing, located on the 1st floor right, with a large attic, forming part of an urban building constituted under the horizontal property regime, situated on Rua Nova da Alegria, in the parish and municipality of Vila do Conde, described in the Vila do Conde Land Registry under number 540/Vila do Conde and registered in the urban property register under article 5811 - Unit E of the aforementioned parish, with a current patrimonial value of 72,273.89 euros.
Although the official documents from the land registry and tax office state the property is classified as a T2 (two-bedroom apartment), the truth is that on-site inspection revealed it to be composed of 3 bedrooms, a bathroom, a living room, a kitchen, and a large attic. The property is in reasonable condition; however, the property is sold in its current physical and legal state, and any regularization of the areas or legalization of the property is the responsibility of the buyer, in accordance with the provisions of paragraph 6 of article 833 of the Code of Civil Procedure. By submitting a proposal, it is presumed that interested parties have inspected the property and are aware of its characteristics. Any responsibility for its state of conservation, as well as any incorrect description of the information that may be misleading, is declined. The interested party should also inquire with the competent authorities about other characteristics, licenses, and/or other aspects they deem relevant. Failure to verify this information is not grounds for annulment of the sale. The areas indicated below are those that appear in the property registration document; ***** Those interested in visiting the property must make a request to the custodian through the contacts provided after logging into the platform. *****IMPORTANT NOTICE: Please also note that there are several events that may dictate a different outcome than expected, namely: a) Exercise of the right of redemption; b) Exercise of the right of preference; c) Insolvency of the debtor; d) Payment of the debt; e) Possible verification of irregularity that renders the sale invalid. It is further advised that the winning bidder has only fifteen days to deposit the price in accordance with Article 824 of the Code of Civil Procedure, therefore, in the absence of the deposit of the price, the attachment of assets of the bidder may be promoted, sufficient to guarantee the outstanding amount plus costs and expenses, without prejudice to criminal proceedings and being executed in the same process for payment of that amount and additions, in accordance with Article 825 of the Code of Civil Procedure.
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 LO1500932026) — 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.