Online Sale…House: ± 450 m2 Land: ± 2600 m2 Bedrooms: between 9.75 m2 & 16.91 m2 En-suite Bathrooms between 2.74 m2 & 4.66 m2 Communal areas: 48.43 m2 Private area: 21.30 m2 Laundry

Online tender sale, starts 27th May 2020 until 19th June2020

Bed & Breakfast “Casa Santa Esteve”

Online Sale

version 23th March 2020

Contact:

BVA Auctions Real EstateContact person Richard Dieteren

Tanja Demirel

Phone number +31(0)33 – 202 29 05

E-mail [email protected]

Viewing daysIt is possible to view this object by appointment.

IntroductionOnline tender sale by order of the owner. The online tender

sale will start at 27th May 2020 until 19th June 2020.

ObjectBed & Breakfast ‘‘Casa Santa Estevo’’, Spain.The data contained in this object information is only of ageneral nature and subject to change. No rights can bederived from this data.

Private bidsIt is possible until 26-05-2020 17:00h to place aprivatebidding.

DescriptionHere is a fabulous business opportunity to acquire anoperating Casa Rural.This cosy Bed & Breakfast, with it's natural thick stonewalls, has been carefully restored with authenticdetails, the atmosphere of yesteryear with the comfortof today. It has all licenses and is fully operational.The house has six guest rooms all with a bathroom. Inaddition there is a large dining room with wood stovein an original walk-in fireplace (so called Lareira).There are several communal areas. On the upper floora cosy area, with a sofa. Downstairs there is a TVlounge plus an area set aside for reading. Obviouslythere is a kitchen in which the owner can preparemeals. There is a large apartment for the owners. Thisalso has a bathroom. This area is NOT suitable forfamilies. All rooms, except the owner's apartment, arefurnished.The sale is also includes glassware, crockery, bedlinen, towels, furniture in the public areas, whitegoods. Plus kitchen equipment and garden tools.Next to the entrance, a balcony with an antiquewooden bench, this overlooks the valley, the gardenand the wine terraces on the other side of the river.There is approx 2600m2 of land with many maturetrees, apple, pear, plums, cherries, quince, dateschestnuts, walnuts and hazelnut bushes. All of the landis steeply terraced, which allows for spectacular viewson the wine terracing on the other side of the valley.The land is divided up into four areas. One of which ispresently dedicated for the guests garden, including avegetable plot. Another section is dedicated as a"private" garden. With land, to the front of the house,zoned as parking for six cars.

DimensionsHouse: ± 450 m2Land: ± 2600 m2Bedrooms: between 9.75 m2 & 16.91 m2En-suite Bathrooms between 2.74 m2 & 4.66 m2Communal areas: 48.43 m2Private area: 21.30 m2Laundry room: 3.30 m2Kitchen: 13.50 m2

Details- Gas fired central heating through out. Plus a wood

burning stove in the diner.- The house has it’s own water supply.- Electrical circuits have recently been certified as

per the law acquirements.- Fire extinguishers and emergency lighting

throughout the house.- Internet, WIFI and phone connection.- Included S.L. (Spanish company) and website

domain.- Fully operational with all licenses.- Well maintained.

Important informationBuyer is ought to gain advice or research (on own account)which fiscal (e.g. stamp duties, VAT), juridical and notarialcosts apply on the sale and conveyance of the property, areal-estate venture and/or the administrative settlementregarding the sale of a mooring. These costs are notexplicitly mentioned at the tender and are thereforeadditional on the cost overview published at the tender andare for the account of the buyer.

LiabilityThe property will be transferred to the buyer in thecurrent state, therefore with all the associated rightsand claims, prevailing easements and qualitative rights,visible and invisible defects and free from mortgages,seizures and/or registrations.The buyer explicitly accepts any applicable charges andrestrictions, such as but not limited to restrictions witha nature of public law, easements, rights in rem,property rights, qualitative obligations that do notappear and/or arise from the last and previous deed(s)of conveyance and/or leasehold deed(s) and/oreasement deed(s) and/or any independent deed(s), orrights in rem, unless these special charges or limitationsarise from facts that are liable for entry in the publicregisters, but where not yet registered at the time ofclosing this arrangement.The complete or partial lack of one or more featuresrequired for normal or special use of the property andthe possible non-compliance of the property to theagreement is at the expense and risk of buyer.

Online tender sale

The online tender sale will start at 27 May 2020 until 19th of June 2020 via www.bva-auctions.com.

The following conditions apply to this sale:• Terms and conditions online tender / (AVOI

[unofficial English translation)

Private bidsIt is possible until 26-05-2020 to place a pre auction bidding.

CostsBesides the bid the buyer will also have to pay the following amounts: • Transfer tax / VAT

Buyer is ought to gain advice or research (on ownaccount) which fiscal (e.g. stamp duties, VAT), juridicaland notarial costs apply on the sale and conveyance ofthe property, a real-estate venture and/or theadministrative settlement regarding the sale of amooring. These costs are not explicitly mentioned atthe tender and are therefore additional on the costoverview published at the tender and are for theaccount of the buyer.

GuaranteeThe seller gives no guarantee and accepts no liabilitywith regard to that which he communicates, or hascommunicated, or of which communication is notmade.

Safeguard soil- and groundwater contamination:

It is not known to seller whether the property containscontamination in disadvantage of the use or that haslead or could lead to an obligation to clean the propertyor take other measures.Any liability of the seller towards the buyer, by whatevertitle, for any contamination of the soil and/orgroundwater of the complete property is excluded. Thebuyer also indemnifies the seller against all liability, bywhatever title, that may arise from the presence of soiland/or groundwater pollution in the property.

Safeguard tanks:It is not known to seller whether the property containsand/or have contained one or more underground tanksbound to store (environmentally unfriendly) (liquid)substances. The buyer indemnifies the seller againstany liability, under whatever title, that could arise bythe presence and/or (removal / sanitation) of one ormore underground tanks for the storage of store(environmentally unfriendly) (liquid) substances.

Safeguard asbestos:It is not known to seller whether asbestos or asbestosinflicted substances of materials are present and/orprocessed.

The complete or partial lack of one or more featuresrequired for normal or special use of the property andthe possible non-compliance of the property to theagreement, caused by the presence and/or removal ofasbestos is at the expense and risk of buyer. This hasbeen taken in to account by the buyer in the purchasingprice

The reason for this may be that the underlying bidder

has registered without any reservations, unlike the

highest bidder. Every bidder remains bound to his bid

until the period of consultation has ended.

After the approval is finished every bidder will be

informed by e-mail whether or not they have won the

tender sale.

BiddingprocesREGISTER

In order to participate in an auction you have to createan account on the website. If you already have anaccount on BOG Auctions or BVA Auctions, you don’thave to register and you can log in with your account.

HOW DOES IT WORKS?

Who are interested in an object offered for sale mustmake their bid in writing. In principle, this is onlypossible with the help of the digital registration toolfrom BVA Auctions.

The Seller has given a period prior to registration whenthe bids must have arrived. After the expiry date andtime it is no longer possible to place bids and the onlinetender sale is closed.

GENERAL AND SPECIAL CONDITIONS

Normally the general terms and conditions areapplicable for the online tender sale. These terms andconditions shows you the procedure and the term ofpayment.

You need to agree the with all the conditions before youcan place a bid as indicated by the auction information.Without accepting this terms it’s not possible to place abid.

APPROVAL AFTER THE TENDER SALE IS CLOSED

At the end of the tender sale, our client will decidewhether an award will be made. You can find the awardperiod in the special auction conditions.

The seller can decide to award to the highest bidder,but can also award to a lower bidder.

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This information without obligation has been compiled with the greatest possible care. However,BOG Auctions cannot accept any liability for the correctness of the information, nor can any rights bederived from the information provided

Disclaimer

BVA Auctions (henceforth ‘Auctioneer’) isappointed by Client as exclusive advisor regardingthe planned online sale of the real estate (the“Object”) situated at Saviñao (the “Transaction”).BVA Auctions is authorized by Client, explicitly inthe capacity as advisor of the Client, to providethis brief summary (the “Summary”) to potentialbuyers (the “Potential Buyer(s)”) of the Object onbehalf of the Client.

The only objective is to assist Potential Buyers intheir evaluation and further research on theObject and the Transaction. This summary doesnot include an offer or invitation from the Clientand/or Broker and/or BVA Auctions to engaging inthe Transaction or commitment orrecommendation to establish the Transaction.

Potential Buyers are considered as professionalinvestors that are deemed to have sufficientexpertise and knowledge to review the differentaspects and risks that come with the Transactionand to involve their own consultants and/oradvisors wherever needed. Each Potential Buyeris advised to gain independent juridical, financialor fiscal or other necessary advice. All costs thatPotential Buyer makes in connection withresearch and evaluation of the Transaction are forown account of that specific Potential Buyer,unless agreed otherwise.

The Summary is prepared to inform PotentialBuyers on the Transaction. The Summary is not acomplete overview or enumeration of all theinformation that Potential Buyers might want tohave or need to make a decision if they want toget involved in the Transaction.

The Client and/or BVA Auctions and/or Broker andtheir respective subsidiary companies, affiliatedcompanies, employees and agents explicitlyexclude any liability that might come forth fromthis Summary or any other provided information(the “Information”) in the context of theTransaction and possible mistakes on omissions

Specifically the Client and/or BVA Auctionsand/or Broker does not give a statement orguarantee regarding the feasibility orreasonableness of any in the Informationincluded projection, targets, estimates,perspectives or financial data. Every PotentialBuyer will have to research and evaluate the RealEstate, the Transaction and the Informationindependently. Nor the Client, nor the Brokerhave a commitment to provide additionalInformation, update the Summary and/orInformation or indicate or update anyinaccuracies if they happen to appear on anycertain moment.

BVA Auctions / the Broker are exclusive advisor tothe Client regarding the specific Transaction andwill therefore exclude any other parties (whetherthese parties read and/or received the Summaryand/or information, or they did not) fromcommissioning for these parties in relation to theTransaction.

This information without obligation has beencompiled with the greatest possible care.However, BVA Auctions cannot accept anyliability for the correctness of the information,nor can any rights be derived from theinformation provided.

In the context of inequalities, the Dutch versionof the information provision (including thedisclaimer) is always leading.