Building in Vieira do Minho

House T0 · Mosteiro, Vieira do Minho   −79% vs Atlas estimate

At auction

Features

Property description

Urban building, with a total area of 71m2, located in Lugar de Figueiró, parish of Mosteiro, municipality of Vieira do Minho, described in the Land Registry Office of Vieira do Minho under number 1272/Mosteiro and registered in the respective land register under article 461.

Notes

The building is in a poor state of repair. In accordance with Article 838 of the Code of Civil Procedure, it is presumed that the bidder inspected the property, is aware of its characteristics, and its state of maintenance and conservation, and all responsibility for the lack of verification of these assumptions is declined, and this lack of verification does not constitute grounds for the annulment of the sale. It is not possible to annul a bid after it has been finalized; the bid is definitive and cannot be revoked, annulled, or altered in any way. After the auction closes, the bidder with the highest offer is notified to deposit the full amount of the offered price, as well as any applicable taxes (IMT and Stamp Duty), within 15 days. The buyer is obliged to deposit the price, with the consequences foreseen in article 825, no. 1, c) of the Code of Civil Procedure, namely, by decision of the Judge, "the attachment of sufficient assets to guarantee the outstanding amount plus costs and expenses, without prejudice to criminal proceedings, and the buyer is simultaneously subject to execution in the same proceedings for payment of that amount and additions". Please note that there are several procedures foreseen by law that may lead to a different outcome than expected, namely: a) Exercise of the right of redemption; b) Exercise of the right of pre-emption; c) Insolvency of the debtors; d) Payment of the debt or payment agreement; e) Possible verification of irregularity that renders the sale invalid; f) Death of the debtor; Unless expressly indicated otherwise, the goods sold are not guaranteed, and in the case of real estate, they may not be licensed and/or their characteristics may not correspond to the documentary evidence, it being the responsibility of the buyer to proceed with their legalization, in accordance with article 833, no. 6 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.