Apartment located in Funchal - Madeira

Apartment T2 · Funchal (Sé), Funchal   No Atlas estimate

At auction

Features

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

Property description

Autonomous unit designated by the letters AC, corresponding to the 5th floor for housing of the urban building located in the parish of Funchal (Sé), municipality of Funchal, described in the Funchal Land Registry under number 375, and registered in the tax register under article 1387.

Notes

The property is a two-bedroom apartment (type 2) located in an eight-story building with an elevator. It comprises an entrance hall, living room, two bedrooms, kitchen, and bathroom. It was not possible to accurately ascertain the condition of the property due to the fact that, as shown in the photographic record, it is completely full of clothes and various items. Furthermore, the property has been occupied by a third party for approximately 48 years without a lease agreement, although the water and electricity contracts have been in their name since then. The occupant is a person over 70 years old with a disability certificate. Bidders are advised that requests to inspect the goods must be made at least eight days prior to the auction closing date. GENERAL RECOMMENDATION – ELECTRONIC AUCTIONS - Before submitting a bid, you should check 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 making bids, potential bidders should familiarize themselves with the qualities and characteristics and all other aspects they consider relevant, and we decline any responsibility for its state of conservation. - 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.