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SOLD

3 + 1 Bedroom Duplex Apartments

Apartment in Buraquinho, Salvador, Bahia

3 Bedrooms
1 Bathroom
8 Apartments and Duplex, 3 Bed + Maids Room

Ref: PB265
  • Apartments start  90 sqm each
  • 800sqm from the Beach
  • 3 bedrooms + 1 Maids Room all with 1 Kitchen
    Communal Swimming Pool
  • Private Condominium and facilities
  • Beach Restaurants and Bars 5mins. away
  • 15 min. from the Airport. 
  • Tourist growth 25% per year 

 

Property and Area Overview  (Ref: PB265)

Superb development in Buraquinho, Salvador.  A choice of 3 or 4 bedroom apartments.  This development contains a total of 16 apartments.

The condominium service charges and running costs are listed below.  The site also has 'pay for use' maids and cleaning services which makes it easy to rent the properties.

The beach is only 800 metres away. 

Location

Salvador, Buraquinho, 15 min. from the International Airport, 2 mins to the nearest beach bars.  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).

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

* 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.