Land for sale in Ourique

Mixed building called MONTE VELHO in OURIQUE, intended for sale in private
negotiation in the process of execution (articles 832 and 833 of the Code of
Civil Procedure), consisting of arable crops, holm oaks, cork oaks, olive trees, addresses of single-storey houses intended for housing, barn, wine cellar, porch, bread oven, ramada, stable, hayloft and five more dwellings of houses in ruins. 

There is a rural lease agreement (intended for agricultural exploration and implementation of exploitation, planting and cultivation of any type of crops and animal grazing) that covers this building - Monte Velho - with the rustic matrix nº 55-section II and the adjacent buildings - Monte Velho - with rustic matrix nº 62-section II and the building – Herdade da Favela – with rustic matrix nº 3-section Z. 

Lease contract signed for 7 years, with the possibility of being renewable for equal periods, starting on 01-11-2019, with an annual value of 10,000.00 euros, to be settled on August 15th of each year, without any specific distribution of the rental value for the 3 items.

Eventually, the need to deliver the goods may be required in accordance with the provisions of article 828 of the Civil Code (if applicable). 

 In judicial sales, the presentation of the energy certificate and usage license is waived, with the respective legalization (if necessary) being the responsibility of the purchaser. 

The sale value of 865,107 euros results from the Valuation Report, completed on January 18, 2023, requested by Banco Santander and carried out by an expert appraiser registered with the CMVM. 

Matrix and building elements:

Rustic Matrix nº 55 – section II., with a total area of 1,081,250 m2 (108,125 ha).

Urban Matrix nº 1322, with Allocation: Housing, with 10 divisions, Total land area of 803.50m2, ABD of 550.00m2 and ABP of 253.50m2.

Urban Matrix nº 4451, with Allocation: Storerooms and Storage, with 4 divisions, total land area of 106.00m2, ABD of 0.00m2 and ABP of 106.00m2.

Urban Matrix nº 4453, with Allocation: Warehouses and Industrial Activity, with 2 divisions, total land area of 230.00m2, ABD of 0.00m2 and ABP of 230.00m2.

Urban Matrix nº 4454, with Allocation: Storerooms and Storage, with 7 divisions, total land area of 65.00m2, ABD of 0.00m2 and ABP of 65.00m2.

Urban Matrix nº 4455, with Allocation: Housing, with 23 divisions, total land area of 520.00m2, ABD of 272.00m2 and ABP of 248.00m2.

Urban Matrix nº 4457, with Allocation: Storerooms and Storage, with 13 divisions, total land area of 1,063.00m2, ABD of 0.00m2 and ABP of 1,063.00m2. 

Land Registry Office of Ourique, under card n.º 519, located in Monte Velho, parish of Ourique, municipality of Ourique and inscribed in the urban and rustic property matrix of this parish.