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1 Bedroom

1 Bathroom

General Summary

• Apartment Price 140,000 BRL  
• 2 Mins Walk to beach
• 2 Hours 40 Mins Drive to Natal International Airport
• 2 Hours Drive to Recife International Airport
• 30 Mins Drive to Joao Pessoa Airport (going international)
•  5 mins walk to Local Beach Restaurants
• Joao Pessoa City Centre approx 20 Mins drive

The Development / Communal Building Offers:

• Communal Swimming Pool
• Communal Party Room
• Private Parking space
  

The Property Offers: 

• Property Size 29,86 sqm
• 1 Bedroom
• Living/Dining Room
• Kitchen

 

Property Overview - Flats and Penthouses in Noble Coast Area (PB361)

Apartment with a stunning view of the Atlantic Ocean, 1 bedroom apartment (29 sqm). Located around 50 metres from the sea in the Cabo Branco Beach area, one of the most noble neighborhoods in João Pessoa. This area has many restaurants which offers from fresh sea fruits to regional foods. Cabo Branco Beach is well known for its peaceful and tranquil ambiance, ideal for a family life.

This Property is being sold off plan and is due to be completed in 2010.  This apartment is being offered by the same developer who has built PB285.  The reason for the lower price on this development ithan PB285 is due to being sold Off Plan.

Property Location & Area

The building is located in a noble coast area of the city of João Pessoa, in one of its most beautiful and famous beaches – Cabo Branco Beach.

The property is quite close to the "Lighthouse of Cabo Branco", which became worldwide famous for being the first place in Americas to welcome the Sun. The geographical position of the Lighthouse is exactly the “Most Eastern Point in all Americas” – where the Sun rises first.

This area offers a wide diversity of restaurants where locals and tourists can enjoy themselves with the beauty and tranquility of Cabo Branco. It’s possible to have lunch or dinner within 20 meters from the sea in one of the many restaurants placed on the white sands of this wonderful beach.

Build / Property Specification

The furniture is not included in the price, however if requested we may assist with its acquisition – the pictures are merely illustrative.


Property Deposits & Payments Terms

The payment plan is:

Reservation Fee: 1000 GBP (Sterling) 

Payments terms negotiable

Loans are available from the developer over a 60 month period for which there will be a charge. Please enquire as to details/availability.


Associated Purchase Costs

In addition to the listed price for the investment, the following costs will apply to your purchase:

• Stamp Duty 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) £500

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) = TBA
• Electric (per month) = TBA
• Condo Fee (per year) = TBA

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.

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.

We deal with local contacts who know the markets well and can help you manage your properties generally.