Home for Sale in Salvador, Bahia, Brazil

Seafront Guest or Beach House

1,700 sqm Land Area
300 sqm built area
2 bedrooms, 2 Bathrooms
Rustic lounge with a bar
Upstairs living room surrounded by a porch with ocean view
1 Outside hut
House keepers accommodation
By the beach with private gate acess
3 x 5 Swimming pool
Swimming Pool & BBQ area with a bar
Coconut and Mango Trees in Garden
Large lawn with tropical flowers
Tourism growth 25% per year






Property and Area Overview PB 301 (Seashore house)



The area totals 1,700 sqm. The total built area is equivalent to 300 sqm. The land has coconut trees and is surrounded by a perimetre wall. The land also has a detached housekeeper accommodation, a hut and wonderful leisure facilities such as swimming pool and BBQ area besides the marvelous beach.



This property is surrounded by luxuriant tropical vegetation and offers several options, in the form of either running a business or as weekend / holiday refuge in a natural environment called Arembepe, located in the outskirts of Salvador, place that has a great investment potential growth. It is surrounded by luxuriant tropical vegetation. Arembepe used to be a secret holiday refuge for many famous artists.



Arembepe offers small convenience shops and restaurants with the best local food. It is an ideal place for those who enjoy quietness and nature, but at the appropriate time do not want to give up the action an excitement that a city like Salvador can offer. A trip to the tourist attractions takes around 40 minutes by car. .



The construction and the comfort of this place, do not meet the demands of a fastidious European client, but would certainly suit someone who understands and wants to make part of the local way of life and is prepared to accept the relation cost/quality of such a product. In other words, it is not a luxury property, but considering its price, it is a reasonable purchase. The property does require some minor repairs and maintenance work.



Location



This property is situated 25 mins from Salvador Internacional Airport through the Coconut Road. Arembepe is very well served by public transportation that take you to any tourist attractioon in Salvador with a very low cost.



Specification



The property does NOT include furniture.



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) your home / investment is at risk if you do not keep up these payments.

Rental / Yield Potential

Salvador has hotel occupation rate of about 60% per year (average). In some seasons it goes up to 100 % specially during carnival and summer.