Apartment for Sale in Salvador, Bahia, Brazil

Excellent Value Apartments

Apartments start from 50 sqm to 92 sqm
1, 2 or 3 bedrooms
1 Kitchen
Some apartments have double floor
Communal Swimming Pool
5 minutes walk from the beach
Beach Restaurants and Bars 5mins. away
50 minutes drive from the Airport.
Tourist growth 25% per year
Hotel occupation rate 80% year average


Property and Area Overview (Ref: PB 343 Imbassai Apartments)

Superb development in Salvador whereby construction has already started (see pictures towards end of page)

A choice of 1, 2 or 3 bedroom apartments. This development contains a total of 33 apartments. Some apartments have double floor . From the upper floor it is possible to see the living room dowstairs which gives the sensation of space and comfort besides the special charm in the design that it offers. All apartments have integrated kitchen which gives a modern layout and intelligent use of the space. There are three buildings that are situated around a beautifully designed swimming pool that has a nice area around it which assures privacy for the apartments once there is no building in front of them.

This beach house is a perfect investment for holiday use, retirement, renting, or investment. This unique apartment is based inside of a Condominium which is close to the Airport and north of Salvador, between Praia do Forte and Sauipe. The water is warm, inviting and good for bathing. The beach is decorated by coconut palms and typical vegetation. The beach is a good place for fishery and relaxing. It has everything that is important to attract tourists and local visitors who usually go in groups to enjoy all the beauty and well-being its attractiveness can offer



Location

Imbassai is located 50 minutes from the International Airport, 10 minutes drive from praia do Forte and 10 minutes drive from Sauipe. This development is located next to the beach.

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 (appox. 5% of the purchase price) or legal assistance. (see below - legal Assistance Section).


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.