2 & 3 Bedroom Apartments for Sale in Salvador, Bahia, Brazil

Total area of development is 6,220sqm
Apartments start from 80sqm each
2 & 3 bedrooms all with 1 Kitchen
Communal Swimming Pool
Condominium facilities restaurant, pay per use services like Cleaning / Club house, Deck and Peer
Sold Off Plan - Ready October 2007
Beach Front Development
Beach Restaurants and Bars 2mins. away
15 min. from the Airport.
Tourist growth 20% per year


Property and Area Overview (Ref: PB262)

Superb development in Buraquinho, Salvador. A choice of 2 and 3 bedroom apartments. This development contains a total 35 apartments in each block (total of 70 Apartments).

The condominium service charges and running costs are listed below. The site also has 'pay for use' maids and cleaning services which makes it easy to rent the properties.

Location

Salvador, Buraquinho, 15 min. from the International Airport, 2 mins to the nearest beach bars. This development is located on the beach front.

Specification

The property is being sold without basic furniture. An optional furniture package is available upon request.

Associated Costs

All quoted prices are inclusive of CPF tax numbers (an individual tax registration number required to buy a property), agent commission and contract drafting. The price does NOT include government purchase tax (3% of the purchase price plus 1000 Brazilian reais admin charge) or legal assistance. (see below - legal Assistance Section).

Monthly Utility and other costs directly associated with this property are set out below:

(1) Water (per monthly) BRL 30,00
(2) Electric (per month) = BRL 140,00
(3) Council Rates (per year) = BRL 400,00
(4) Government Purchase Tax (One off registration fee max of 5% of the property price)
(5) Condo Charges BRL 200,00

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

The below figures are estimates supplied by our local contacts.

BRL 100,00 (approx £24) per day low season, and BRL 180,00 (approx £44) high season per day