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501 Unit Development Project for Sale

Development Land in Maracajau, Natal, Rio Grande do Norte

£2,768,362* (9,800,000R$)


Ref: PBRN507


General Summary

  • 0 Mins Walk to beach (Development is on the Beach)
  • 30 mins Drive to International Airport
  • Local Beach Restaurants
  • Natal City Centre approx 60 Mins drive
  • 2009 New Natal Airport only 10 Mins Away

The Development / Communal Building Offers:

  • Communal areas can be redesigned
  • Apartments model E: 108 units
  • Apartments model F:  215 units
  • Units type Villa:  166 units
  • Units type Bungalow: 12 units
  • 512 Car Parking Spaces
  • 02 Taxi Spaces
  • 04 Child Playground
  • 09 Swimming Pool
  • Land Area: 123.404,48 sqm
  • Build Area:  49.322,29 sqm
  • 73.126m² Garden Area
  • 16.000m² Pavement road


The Property Offers: 

  • Villas can be redesigned (although aproval would be sort)
  • Apartment sizes range from 60 to 155 sqm
  • Villa sizes range from 109 to 209 sqm
  • 1 to 3 bedroom options


Nb.. awaiting final approval / Sign off that Information is correct - we expect the final sale price to be slightly lower.


Property Overview - Development / Construction Project on the Beach (PB501)

This is an excellent opportunity for an invesment company to acquire a ready to go development project with planning approval agreed.  The project consists of 501 units (Apartments and Villas).  The land is situated on the beach.  The construction of the project will be totally managed on any buyers behalf.  10 mins away from new airport in 2009.

Based on the selling price, each unit averages at £5000.



Property Location & Area

Maracajau is undoubted one of the most beautiful beaches in the world. It is peaceful and warm water, the average turning between 27° during all year, the wonderful nature view, makes this place an excellent alternative for whose are looking for rest.

The development is 60 minutes from Natal International Airport.  Maracajau is know as “ Caribbean of Brazil” due to the fact of its crystalline water that makes possible diving and watch the nature rich diversification. For this reason, investors are highly interested in that area in which is receiving several construction projects such as Golf, Resorts, Water Park etc.

Their is a new airport being built which will be completed in 2009 making the resort just 5 - 10 minutes away.


Build / Property Specification
 
The current building has been specified to a high level suitable for the European market.  However, building specs could be altered according to the buyers request.  This would need to be a greed with the Local State Office.

Below are the variations of properties on the development:


Name Type nº units Dorms  Total Dorms Sales m2
villa hs + 01 fl MODEL A-1 18 3 54.00 209.62
villa house MODEL A-2 18 2 36.00 109.52
narrow mod sq MODEL B 59 3 177.00 162.46
narrow mod circ MODEL C 51 3 153.00 128.84
pc "c" redone MODEL D 18 3 54.00 138.85
apart 1st fl MODEL E-1-A 12 2 24.00 99.51
apart 1st fl MODEL E-2-A 12 2 24.00 89.71
apart 1st fl MODEL E-3-A 12 1 12.00 71.49
apart 1st fl MODEL E-4-A 6 1 6.00 111.14
arpart 2nd fl MODEL E-1-B 12 2 24.00 78.63
apart 2nd fl MODEL E-2-B 12 2 24.00 79.55
apart 2nd fl MODEL E-3-B 12 1 12.00 71.47
apart 2nd fl MODEL E-4-B 6 1 6.00 72.31
apart 3rd fl MODEL E-5 12 2 24.00 153.14
apart 3rd fl Model E-6 12 1 12.00 132.13
flat sq bord MODEL F-1 60 2 120.00 77.04
flat sq mid MODEL F-2 60 1 60.00 60.01
flat trigl mid MODEL F-3 46 1 46.00 60.48
trigl mid big A MODEL F-4-A 14 2 28.00 126.04
trigl mid big B TOP MODEL F-4-B 7 2 14.00 126.04
duplex sq bord MODEL F-5 14 2 28.00 126.34
duplex sq mid MODEL F-6 14 2 28.00 155.39
Bungalow MODEL G 14     112.33
    501 41 966.00 2,552.04



      

Property Deposits & Payments Terms

The land would need to be purchase outright.  The displayed price is for payment once all the due dilligence has been conducted.



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 - to obtain quotation

For more information about the 'Admin Charge' see the below section 'Property Commisions'

* 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.