ESTAMO will hold a public auction for the sale of state-owned properties on 31 March, including assets in Lisbon, Porto, Marco de Canaveses and Póvoa de Varzim.
The properties in question are for residential and non-residential use, and the proceeds from the sale will be used to "finance public housing policies." In October, a resolution published in Diário da República announced the sale of a set of 16 properties for this purpose, and some of them will now be sold.
One of the assets is a building on Avenida Visconde de Valmor in Lisbon, a service building with two basements and 10 floors, currently leased to a public entity for use as a cafeteria, with a contract in force until 2030. The upper floors have offices. The base sale price is €13 million.
On Rua Filipe Folque, also in Lisbon, a service building with two basements and six floors is being auctioned. It has offices and a shop on the ground floor, with a base bid price of €4.1 million.
In Porto, there is an urban plot of land in Campo da Cavada, for construction, measuring 2,080 square metres, with a base bid price of €269,000.
The auction also includes a 1.45-hectare plot of rural land in Bouça das Cruzes, Marco de Canaveses, with a base bid price of €182,600, and several plots of land in Póvoa de Varzim for construction, measuring 2,218, 1,250 and 1,250 square metres, respectively. The base bid price is €299,000.
On its website, ESTAMO states that "this process will be guided by criteria of impartiality, rigour, suitability and legality, based on the provisions of Decree-Law No. 280/2007 of 7 August. The sale of the properties will be carried out through three duly regulated public auctions, which will take place throughout the current calendar year."
The deadline for submitting bids is 30 March (5 p.m.). The public auction will take place from 10 a.m. on the 31st, in the Sophia de Mello Breyner Room, at the Belém Cultural Centre. All information and scheduling can be found on the ESTAMO website.
Two other public auctions are expected to be held this year, in July and October, with dates yet to be determined.
