20 Oceanview Building Plots
£90,909 / $140,449 / €111,111 / R$250,000
Ref: PBJP405
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General
Summary
- 15 Mins Walk to beach
- 2.5 Hours Drive to Natal International Airport
- 90 Mins Drive to Recife International Airport
- 25 Mins Drive to Joao Pessoa Airport (going international)
- Local Beach Restaurants
- Joao Pessoa City Centre approx 25 Mins Drive
- Property Size 7.200 sqm
- Full Building Permission
- Gorgeous Ocean Views
Property Overview
20 fully-registered building plots offer gorgeous ocean views and an optimal opportunity for a small to medium-sized development. A housing development or small resort in this up-and-coming area would be an ideal and lucrative investment for a smart and savvy developer!
Property Location & Area
Measuring 12x30 metres each, the plots equal 7200 square metres in total. This lush land is just 5 minutes from North East Brazil's immaculate white sand beaches and the local town, and only 25 minutes to Joao Pessoa, the state capital of Paraiba.
This is an excellent land bank opportunity, or a fantastic opportunity to build your dream project or home!
Build / Property Specification
These lots come with full building permission. Planning permission is easily acquired once a definite project is decided on. An easy and ideal investment opportunity!
Property Deposits & Payments Terms
A deposit would be required to secure the property and start to draft the contracts. Full payment would be expected in around 4 weeks from the deposit payment. Should you wish to extend the payments slightly, then it may be possible to negotiate with the seller a slightly delayed payment plan.
Associated Purchase Costs
In addition to the listed price for the investment, the following costs will apply to your purchase:
- Stamp Duty Purchase 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) NO CHARGE
Property Running
Costs
Monthly Utility and other costs directly associated with this property are set out below: (all are estimated and approximated)
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.
* All properties are sold in Brazilian Reais (symbols R$ or BRL). Currency rates will depend upon your banks conversion rate at the time of transferring the monies. The current conversion rates used on this site are €1 = R$2.25, £1 = R$2.75, $1 = R$1.78. To check the latest rate 'spot rate' click here. Prices do not include the usual purchase costs associated with a property purchase ie. Government purchase tax, legal, admin and furniture.