5 Star Investment Opportunity in a wonderful Beachside Development
£24,950
Ref: PBJP805
12 Units sold in A FEW WEEKS - See below
General
Summary
- 5% RENTAL PER ANNUM (10% TOTAL)
- Easy Payment Schedule over 18 months.
- Beach front Development - Front Line
- Located on Carapibus beach - famous in Paraiba.
- 3 Hours Drive to Natal International Airport
- 1.5 Hours Drive to Recife International Airport
- 25 Mins Drive to Joao Pessoa Airport (going international)
- Local Amenities Close to Hand
- Joao Pessoa City Centre approx 35 Mins drive (20 km)
- FULL DUE DILIGENCE REPORT AVAILABLE
- 18 Months to Completion (from the start)
- Communal (Infinity) Swimming Pool
- 31 Apartments in Total
- Mixture of Studios (33 sm), one (36 sm) and two bed (66 sm) apartments
- Communal Reception Area
- Barbecue and Kitchen area
- Elevators to all Floors
- On Site 24 hour security
- Laundry and Maid Service
- Barbecue Area
- Communal Area maintained for you
- On-Site Administration and Maintenance
- Rental and Furniture packs available
- Studio, one or two beds Bedrooms
- Fully Air Conditioned
- Private Balconies enjoying gentle sea breeze ventilation.
Property Overview
BEACH FRONTED & 2 YEAR
RENTAL GUARANTEE. A selection of Studio, One and Two bed apartments at
very affordable prices located front line beach on the famous Carapibus
beach. With views of the sea and beach from apartments this is a tranquil
and beautiful location.
These properties are being sold off plan and recently released. The position is beach fronted so no building can commence in front of the development. All properties have a view of the sea. There are Studios, One and Two Bedroom Apartments. A communal Swimming pool is located at the front of the building.
Unusually, the price is fixed in sterling for this investment, so UK buyers are not exposed on the exchange rate movement over the payment period. This is very rarely seen in a Brazilian development.
Property Location & Area
Located in a front line position on the famous and beautiful Carapibus beach with each aprtment enjoying stunning sea views.Just 30 minutes drive South of Joao Pessa, Carapibus is one of the most famous beached at Paraibas's South Coast, and also the place where you can find the largest number of hotels. It is known for its reefs, which have been generated over the years and now have bcome home to many species of marine wildlife. One of the most famous visitors is the green turtle. You can enjoy here the warm waters and take the opportunity to swim side by side with colourful fishes in the natural pools.
A beautiful beach that offers plenty for everyone, a relaxing area with local amenities close to hand.
Jacuma and Caripibus are literally right next to each other and they are 25 minutes from Joao Pessoa airport, 1hr 30 mins from Recife and 3 hrs from Natal
Build /
Property Specification
As is often common in Brazil, the property is being sold without
basic furniture so it will be necessary to fit items such as Kitchen
Units, Light fittings, Shower Screens etc.
The Developer
can assist in providing optional furniture packs at competitive
rates. Quotations can be supplied on an indiividual basis as this will
depend on the quality of furniture required and the actual size of the property
to be furnishished.
Property
Deposits & Payments Terms
A
deposit of £500 would be required to secure the property and start to draft the
contracts. The payment produre is as follows:-
The payment plan
is:
-
Reservation Fee: - 500 GBP (Sterling)
-
Lawyer Instructed
-
Contract issued (WIthin 14 days)
-
Contract Signature (to be returned within 30 days
-
1st Payment made at 40%
-
2nd Payment - 1st floor 20%
-
Roof Payment - 20%
-
Completion Payment / Quality Control 20%
-
Move IN
Example of a property
payment schedule based on a £25,000 property
|
Property Price |
|
|
Payment Date |
|
£25k |
|
£500.00 |
|
|
|
40% at Contract |
£10,000 |
30 days after reservation
fee |
|
|
20% at 1st
Floor |
£5,000 |
April 2009 |
|
|
20% at |
£5,000 |
October 2009 |
|
|
20% at Completion |
£4,500 (less
reservation £500) |
April
2010 |
Latest Availability as of 1st December - Selling fast!
| Style | Floor | Apt nº | Sqm | R$ Prices | £ Prices | Option | |
| Studio | Ground Floor | 001 | 33 | R$ 99.950,00 | £ 24.950,00 | Reserved | |
| Studio | Ground Floor | 002 | 33 | R$ 99.950,00 | £ 24.950,00 | Reserved | |
| 2 Bedroom | Ground Floor | 003 | 62 | R$ 134.850,00 | £ 44.950,00 | Reserved | |
| Studio | Ground Floor | 004 | 33 | R$ 99.950,00 | £ 27.950,00 | Available | |
| 2 Bedroom | Ground Floor | 005 | 62 | R$ 184.950,00 | £ 49.950,00 | Available | |
| Studio | Ground Floor | 006 | 33 | R$ 99.950,00 | £ 27.950,00 | Available | |
| 2 Bedroom | Ground Floor | 007 | 62 | R$ 184.950,00 | £ 51.950,00 | Reserved | |
| Studio | 1st Floor | 101 | 33 | R$ 104.950,00 | £ 29.950,00 | Available | |
| Studio | 1st Floor | 102 | 33 | R$ 104.950,00 | £ 29.950,00 | Available | |
| 2 Bedroom | 1st Floor | 103 | 70 | R$ 209.950,00 | £ 64.950,00 | Available | |
| Studio | 1st Floor | 104 | 33 | R$ 104.950,00 | £ 31.950,00 | Available | |
| 2 Bedroom | 1st Floor | 105 | 66 | R$ 199.950,00 | £ 64.950,00 | Reserved | |
| Studio | 1st Floor | 106 | 33 | R$ 104.950,00 | £ 31.950,00 | Available | |
| 2 Bedroom | 1st Floor | 107 | 66 | R$ 199.950,00 | £ 65.950,00 | Available | |
| 1 Bedroom | 1st Floor | 108 | 36 | R$ 114.950,00 | £ 37.950,00 | Available | |
| Studio | 2nd Floor | 201 | 33 | R$ 109.950,00 | £ 32.950,00 | Available | |
| Studio | 2nd Floor | 202 | 33 | R$ 109.950,00 | £ 32.950,00 | Available | |
| 2 Bedroom | 2nd Floor | 203 | 70 | R$ 219.950,00 | £ 66.950,00 | Reserved | |
| Studio | 2nd Floor | 204 | 33 | R$ 109.950,00 | £ 33.950,00 | Available | |
| 2 Bedroom | 2nd Floor | 205 | 66 | R$ 219.850,00 | £ 66.950,00 | Available | |
| Studio | 2nd Floor | 206 | 33 | R$ 109.950,00 | £ 33.950,00 | Available | |
| 2 Bedroom | 2nd Floor | 207 | 66 | R$ 219.950,00 | £ 67.950,00 | Reserved | |
| 1 Bedroom | 2nd Floor | 208 | 36 | R$ 119.950,00 | £ 38.950,00 | Reserved | |
| Studio | 3rd Floor | 301 | 33 | R$ 114.950,00 | £ 34.950,00 | Available | |
| Studio | 3rd Floor | 302 | 33 | R$ 114.950,00 | £ 34.950,00 | Reserved | |
| 2 Bedroom | 3rd Floor | 303 | 70 | R$ 229.950,00 | £ 68.950,00 | Available | |
| Studio | 3rd Floor | 304 | 33 | R$ 114.950,00 | £ 35.950,00 | Reserved | |
| 2 Bedroom | 3rd Floor | 305 | 66 | R$ 229.950,00 | £ 68.950,00 | Available | |
| Studio | 3rd Floor | 306 | 33 | R$ 114.950,00 | £ 35.950,00 | Available | |
| 2 Bedroom | 3rd Floor | 307 | 66 | R$ 229.950,00 | £ 69.950,00 | Reserved | |
| 1 Bedroom | 3rd Floor | 308 | 36 | R$ 107.850,00 | £ 39.950,00 | Reserved | |
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)
All above rates are approximates /
estimates.
Rental / Yield Potential
The proerties enjoy a two year 5% rental guarantee for the first two years. (total 10%)
The adjacent hotels are enjoying high occupance levels and the tourist vists to the cities are increasing year on year.
* All properties are sold in Brazilian Reais (BRL). Currency rates will depend upon your banks conversion rate at the time of transferring the monies. The current conversion rate used on this site is £1 = 3.54R$. 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.



