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Viviun -> AD-136570 :  9-Bedroom Pousada In The Center Of Cumbuco - Villa For Sale in Fortaleza, Ceara Brazil
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Villa For Sale in Fortaleza, Ceara Brazil

9-Bedroom Pousada In The Center Of Cumbuco

Ref:PBCE737

Asking Price: £119,250

The Property Offers:
•Property Size is 820sqm
•9 Bedrooms with own bathroom each
•No swimming pool (cost esteimate R$ 30'000 for decent pool).
•Nice architecture.
•Well maintained garden area.
•Barbecue Area.

Property Overview - 9 bedroom Pousada in the center of Cumbuco (PB737)

This Pousada (small Brazilian Hotel) is located 50 meters from the village center and just 100 meter from the beach. It is located at the main street, which is one block from the beach and has a very high visibility. The Pousada is well maintained and has a good reputation and client base. Return on investment is very reasonably expected to be only 4 years. There is no swimming pool yet (approx. R$ 30'000 for a first class swimming pool), and the free lot next door (also 900sqm is for sale for EUR 90'000).

Property Location & Area

  • Cumbuco is only 25km (30min by car) from Fortaleza and its international airport Pinto Martins
  • In Cumbuco, land is very, very limited: Only 4 blocks between the ocean and the environmentally protected sand dunes in the back.
  • Cumbuco turns from a small fisher village to a very attractive tourist destination: a) Large investment started, such as the Vila Galé Golf and Hotel Resort, 2km outside the village. See: b) It is the number 1 spot on the planet for kite-surfing, besides Golf the fastest growing sport.
  • Approx 50% of property owner in Cumbuco are already foreigners. It is foreseen that Cumbuco becomes one of the highest valued beaches at the coast of Brazil, comparable with Buzios near Rio de Janeiro.

The payment plan is:
•10% downpayment
•90% final payment (within 30 days)

Associated Purchase Costs

In addition to the listed price for the investment, the following costs will apply to your purchase:

•Stamp Duty Tax (or Registration tax) is around 2.5% of the purchase price (payable to the notary)
•Property Transfer Tax (ITBI) of 2% (payable at the City Hall).
•Brazilian Lawyer (optional): approx R$ 3'000 to walk you through the whole deal.

Rental Yield Potential for Prpoerty in Fortaleza, Ceara

Ask about rental projections for this property in Fortaleza. Rental incomes in Fortaleza vary depending on the location of the property investment. Some rental returns on Fortaleza investments may be high whilst capital growth good, but capital growth could be better in another area where perhaps rental is not so prominent (ie buying an early investment'). There is a mix of rental opportunity from long term contracts to short term holiday lets.

In many areas within Fortaleza, hotels are largely booked and the tourist visits to the cities are increasing year on year.

We deal with local contacts in Fotraleza who know the markets well and can help you manage your properties generally.


About This Property

Category:Villas
Address:Fortaleza
Ceara XBR
Brazil
For Sale By:Agent
Construction Year:n/a
Area:820 m2
Bedrooms:9
Bathrooms:9
Sleeps:n/a
Stories:n/a
Parking Spaces:n/a


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Contact - More Information

Phil Milligan - Property Bond International
 
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