Home for Sale in Salvador, Bahia, Brazil

Ipitanga Village 50 Metres From Beach

112 sqm built area

2 floor house

3 bedrooms, 2 Bathrooms, (1 ensuite)

Integrated kitchen

50 m from the beach

Swimming pool

2 garages

Additional visitor's parking

Local Hotel Occupational rate of 70% per year

Tourism growth 25% per year


Property and Area Overview PB 305 (Ipitanga Village)

This is a wonderful opportunity for those who want to live and invest in Brazil. This house is brand new and offers 3 bedrooms (one being an ensuite). It has a very nice building standard with first quality material. The house has 112 sqm built area plus a backyard of 15 sqm. Downstairs there is a living room a kitchen, a bathroom, a bedroom, laundry area, and an entrance veranda. Upstairs there is an ensuite bathroom with a veranda, a bathroom and 2 further bedrooms.



It is located 50 m from the beach of Ipitanga which is well known for its very nice beach, beach restaurants and a very long sidewalk for jogging. It also has kart arena 5 minutes drive from the house.



In order to have a better picture of Brazil and Salvador more specifically, it is important to have in mind that Brazil is not only known worldwide for its soccer games, beaches, music, and folk festivals, but also for the amalgamation of unrivaled natural beauties linked to the kindness and warmth of the Brazilian population. Furthermore, Bahia offers one of the most comprehensive hotel infrastructures (Accor, Othon, Holiday Inn, Ibero Star and others) that equally balances state-of-the-art services and unlimited hospitality.



Salvador da Bahia offers one of the most distinctive experiences in Brazil. The third largest city in the country, one of Brazil's oldest (1549) and its first capital (till 1764), Salvador offers an abundance of things to do and see. From its African-influenced food, music, religion, art, and pace, to its numerous historical treasures including the oldest and richest Cathedral in Brazil which is gold plated. There are beaches in the city and far more splendid beaches ones just outside, to the noble north coast along the Coconut Road and across the bay such as Morro de São Paulo. In addition, it is a great place to begin an exploration of Bahia's interior, including the old sugar-growing towns of the Recôncavo, and the spectacular Chapada Diamantina region, whose mountains, caves, and waterfalls are perfect for exploration.



Because Brazil is a country of continental proportions, it allies throughout its five geographic regions the most diverse cultural and environmental aspects which will transform your trip into a unique and unforgettable experience.



The Northeast is not only internationally famous for the countries’ most beautiful beaches, but also for its typical and powerful cultural legacy, which finds its expression in the worldwide famed fine arts and typical cuisine.

In addition to being the largest state of the Northeastern region, Bahia stands out because it embodies the most complete travel destination countrywide. Beaches, mountain ranges, lowlands and rivers mingle with the most extraordinary cultural landmarks ranging from popular events such as Carnival and Sao Joao (the celebration in Brazil for Saint John) to the delicious acarajes (Afro-Bahian delicacy of kidney bean paste fried in palm oil) and beijus (thin, crisp, rolled manioc flour pancakes), which are carefully prepared by the typical "Baianas" dressed in white.

But, above everything else, when arriving in Bahia be it for a long stay or just for a couple of days one is simply "contaged" not only by the natural beauties but by the "joie de vivre" and the kindness of people living there, who themselves find huge pleasure in their environment.

The sway of capoeira, (A Brazilian form of combat adapted by African slaves to fight oppression, which is dance-like.), the smell and taste of appetizing dishes, the religious syncretism, the cultural and artistic fusion ... These are all small samples of the enormous joy of life of the inhabitants who know - perhaps because they are constantly surrounded by nature’s beauties - the broadest meaning of the word "life."

Salvador is undoubtedly one of the most beautiful cities in the world. Due to its very beauty and to a series of unique features, it has become a primary destination for international tourism. Famous for its history, for the legacy left by people from other continents, for the religious syncretism and for its hospitable people, the capital of the state of Bahia has staged and has been the object of several studies, conducted by professionals from different fields. It also draws visitors from everywhere, who arrive in the city seduced by the best kind of advertisement that is the one which people who have been here tell to there peers.

Besides the cultural, historical, and tourism appeal Salvador offers many business opportunities. Before talking about investments it is necessary to observe some very important factors regarding to the new enterpreneur who are not only looking for maximizing results, but also trying to assure the economic – financial sustainability for their investments and surely the long- life for the enterprise.

The GDP of Bahia is one of these important factors to be analysed. In the years 2003/2004, the State growth index was 12,8%, twice as high as the Brazilian average. Moreover, in this same period of time, the State of Bahia reached the 6th position in the country’s economy, which represents 5% of the National GDP and consequently it is the biggest economy of the Northeast of Brazil, being responsible for 40% of the Income of the whole region.

Salvador vicinity is well know as an industrial area and has 250 companies such as HP, Xerox, Toshiba, Ford Motor Company, Pirelli Tyres, Ford Motor Cars (largest plant in the world), Continental Tyres, Bridgestone Tyres, Firestone Tyres, Petrobras (largest Brazil Oil Producer), Braskem, Magneti Marelli, Dow Quimical, Saargummi, Valeo, Monsanto, Dupont, ALL, Avon, AMBEV, Bosch and many others.

Furthermore, the excellent geographic position of Bahia must be considered, which presents 1,200km of athlantic cost, important ports with international links and great attendance of ships, which can be favourable for exportations and purchasing of necessary products for the entrepreneur

Location

Salvador, 15 min.drive from the International Airport. This development is located 50m from 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).

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 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