Home for Sale in Joao Pessoa, Paraiba, Brazil
Fully Licenced Project for Sale 10-Unit Development in Brazi
•15 Mins Walk to beach
•2.5 Hours Mins Drive to Natal International Airport
•90 Mins Drive to Recife International Airport
•25 Mins Drive to Joao Pessoa Airport (going international)
•Local Beach Restaurants
•Joao Pessoa City Centre approx 25 Mins drive
The Development / Communal Building Offers:
•Cable TV
•Communal Swimming Pool
•Parking
•Barbecue Area
•Communal Area maintained for you
•Tiled walkways
The Property Offers:
•Property Size 1440 sqm
•10 Bedrooms
•Living Room
•Kitchen
•Swimming Pool
•Barbecue Area
•Leisure Area
Property Overview
Architect-designed, fully planned condominium development in North East Brazil for sale! Situated on 1,440 square metres of prime oceanview land, this project is unquestionably one of the most lucrative investment options available. In a highly sought-after, beach-proximity area, this development is one of the very few that has been granted planning and building permission.
Property Location & Area
Fully approved, architect-designed project of 10 premium-build apartments comes with all planning permissions granted. Superb, authentic Brazilian features with solid granite and wood finishings throughout create a luxurious environment. Situated on 1,440 square metres of land and offering panoramic ocean views, this project is less than 5 minutes to four world-class white sand beaches. A comprehensive business plan and budget project a conservative total return on investment of over 200%.
In addition to the ten apartments, the development plans includes a swimming pool, barbeque and bar area, and a large leisure deck. Natural stone-tiled walkways, lush landscaped gardens and breathtaking ocean views round out the impressive features of the development.
The development is situated just 5 minutes from the local town, with all amenities, and 25 minutes from João Pessoa, the state capital of Paraiba.
Property Deposits & Payments Terms
A deposit would be required to secure the property and start to draft the contracts. Full payment would be expected in around 4 weeks from the deposit payment. Should you wish to extend the payments slightly, then it may be possible to negotiate with the seller a slightly delayed payment plan.
Associated Purchase Costs
In addition to the listed price for the investment, the following costs will apply to your purchase:
•Stamp Duty Purchase Tax (or Registration tax) is around 3% of the purchase price (payable to the notary)
•Property Transfer Tax (ITBI) of approx 2% (payable at the City Hall).
•UK / Brazilian Lawyer (optional but recommended) £800+ Vat
•Admin / Processing (includes all processing costs) NO CHARGE
Property Running Costs
Monthly Utility and other costs directly associated with this property are set out below: (all are estimated and approximated)
•Council Tax (per year) approx 1% of property price
•Water (per month) TBC
•Electric (per month) = TBC
•Condo Fee (per year) = TBC
To Obtain the price in your own currency, divide the above figures by the rate(s) shown at the bottom of the page. All above rates are approximates / estimates.
When buying a property it is important that you pay the appropriate council rates (usually around 1% of the property value per year) and condominium charges (if applicable), your home / investment is at risk if you do not keep up these payments.
Rental / Yield Potential
Ask about rental projections, each area is different and we can talk to you about the local tourist demand. There is a mix of rental opportunity from long term contracts to short term holiday lets.
In many areas, hotels are largely booked and the tourist vists to the cities are increasing year on year.
About This Property
Category
Houses
Sold by
Company
Reference
PBJP408
Address
Joao Pessoa
Paraiba
XBR
Brazil
Paraiba
XBR
Brazil
Area
1,440 m2
Bedrooms
10
Features - Amenities
- Pool