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Online Customer Guide

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PRIOR TO AUCTION - EXHIBITION
The catalogues with the image and description of each and every item included in “Cabral Moncada Leilões” online auctions are only available in digital version at “Cabral Moncada Leilões” internet website during the week before the auction.

How to bid on online auctions
In order to place an online bid, the potential online buyer should be of age, previously register at “Cabral Moncada Leilões” website, mandatorily fulfilling the name, address, taxpayer number, telephone number and email, and declaring to acknowledge and to accept this Business Conditions. The potential online buyer should keep confidential the chosen password received after his register and is responsible for any unauthorized access to his account.

Online purchase orders
Online purchase orders received and accepted by “Cabral Moncada Leilões” are confidential and can only be accepted when its value is equal or superior to the base value of each item.
The potential online buyer accepts that his online purchase orders at the “Cabral Moncada Leilões” website, once accepted, are final and cannot, by no means, be canceled or revoked until the term of the correspondent online auction.

Minimum value and purchase orders execution
Online purchase orders: can only be accepted when its value is equal or superior to the base value of each item; they will be automatically executed by “Cabral Moncada Leilões” for the best price allowed by the existence of any other online purchase orders.

Online bidding increments
Online bidding increments are to be executed by “Cabral Moncada Leilões” as follows:

Values between (€)

Increments (€)

0 - 50

2

50 - 100

5

100 - 200

10

200 - 300

20

300 - 800

25

800 - 1.400

50

1.400 - 3.000

100

3.000 - 8.000

250

8.000 - 14.000

500

14.000 - 30.000

1.000

30.000 - 80.000

2.500

up to 80.000

5.000

 

AFTER LIVE AND ONLINE AUCTIONS

Obligations when Purchasing an Item at an Auction

For each lot, purchasers must pay the full amount of the winning bid, plus a commission, which includes 23% VAT, according to the Special Regime for Item Sales at Auction, as follows:

 

 up to and including € 300

 (20%) 24,60% (23% VAT included)

 in excess of € 300 up to and including € 1.000

 (18%) 22,14%(23% VAT included)

 in excess of € 1.000 up to and including € 3.000

 (15%) 18,45%(23% VAT included)

 in excess of € 3.000 up to and including € 20.000

 (12%) 14,76%(23% VAT included)

 on the portion of the hammer in excess of € 20.000

 (10%) 12,30%(23% VAT included)

 

Payment and collecting period of purchased Item

Payment should be made and the item collected within a period of ten (10) days from the purchase in matter. Items may only be collected after the full amount of the sale has been paid.
Regardless of the nationality of the buyer (his full identification will be required), payment can be made through:

  • Bank transfers (indicating sale number; lot number; client bid number);
  • ATM
  • Certified cheque payable to CABRAL MONCADA LEILÕES
  • Cash up to € 2.500 (higher values have to be paid directly to the bank by the buyer);

Please take good note that credit cards will not be accepted.

Bank: Banco BPI, S.A.
Account name: Sociedade Comercial de Leilões “O Pregão”, Lda.
IBAN: PT 50 0010 0000 5034 1370 0014 2
SWIFT Code: BBPIPTPL

 

May I buy an auction unsold lot?

Items withdrawn from an auction because they were not bid may be sold later by the estimate value plus the commission and tax due, pursuant to art. 9 of the business terms and conditions concerning the buyers. Such items are not negotiable under any circumstances.

Should the online buyer fails to withdraw the paid item within a period of ten (10) days from the purchase in matter he will be liable for storage and removal expenses and/or insurance that may occur, according to the correspondent price list in force:

 

CUSTOS DE ARMAZENAGEM DE LOTES ADQUIRIDOS - todos os leilões, presenciais e online

Furniture / Large objects

Small objects

Up to 30 days

After 30 days

Up to 30 days

After 30 days

Free of charge

30 € + 2 € per day

Free of charge

30 € + 1 € per day

 

ONLINE AUCTIONS SELLING TO A THIRD PARTY IN CASE OF LACK OF PAYMENT
If the online buyer fails to pay the full amount of the sale within ten (10) days from the date of the item auction, “Cabral Moncada Leilões” may, at any time, for itself and on behalf of the seller and without any possibility of the buyer to demand any compensation or reparation for this fact, to sell the item to a third party for the amount due or to put it to sell again in one live or online auction.

 

IMPORTANT NOTICE

This abstract has been provided as an information guide. It is not a substitute nor does it excuse from the consultation of current Business Terms and Conditions published in every Cabral Moncada Leilões catalogues and available on the website www.cml.pt