Grupo Impala Headquarters in Sintra to Be Auctioned Following Insolvency
The headquarters of media company Grupo Impala, located in Ranholas, Sintra, is being put up for electronic auction with a starting price of €9.25 million. The sale is a result of insolvency proceedings filed against Impalagest - Consultadoria de Gestão, S.A., the building's owner. The auction, managed by the platform Leilosoc® Worldwide, is scheduled to run until September 30. The asset, valued at over nine million euros, is a significant office building situated adjacent to the IC19 highway, a primary artery into Lisbon. The sale is being conducted under the insolvency case number 7458/20.0T8SNT-O. Interested parties are invited to submit bids for the property, which is being sold as a whole lot. The offering includes the five-story office building, with a total area of 14,958 square meters, and all its contents, which comprise office furniture, IT equipment, and other administrative materials. The property features offices, meeting rooms, gardens, a terrace, and an extensive paved area for parking and circulation. A minimum sale price has been set at €7,862,500. In addition to the main building, the sale includes an undeveloped parcel of land that is described as having high potential for future urbanistic intervention. This adds a significant value proposition for potential developers or investors looking for expansion opportunities. The landscaped areas are noted as enhancing the property's environmental quality and overall appeal. A key aspect of this transaction is the legal framework under which it is being conducted. According to the announcement from the auctioneer, the sale benefits from exemptions under the Portuguese Insolvency and Corporate Recovery Code (CIRE). Specifically, the buyer will be exempt from the Municipal Tax on Onerous Transfers of Real Estate (IMT) and the Stamp Duty (Imposto de Selo), which are standard taxes in property transactions. This provides a considerable financial advantage to the successful bidder. The auction of this high-profile commercial property represents a notable event in the Lisbon metropolitan area's real estate market, offering a large-scale asset through a legally mandated insolvency process. The combination of the property's features, development potential, and tax incentives is expected to attract considerable interest from investors. Navigate Portuguese property regulations with expert guidance at realestate-lisbon.com.
