5-bedroom Beachfront House for attractive price
£400,000 / $617,978 / €488,889 / R$1,100,000
Ref: PBCE723
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- 5 big rooms with own bathroom
- Huge, 2'200 m2 land with spacious garden
- BBQ area and deck with own restrooms
- Garage
- Basic furniture
- Separate house for caretaker
- Big swimming
pool
Property Overview - 5-bedroom Beachfront House for attractive price (PBCE723)
Very attractive 5-bedroom house. Some rennovation of approx. R$ 80'000
necessary. Land size is 20 meters beachfront and 110 meter in back, with
very spacious garden area. It is located just 2 minutes from the gas station and
supermarket and of course fully beachfront. Next to the plot is a
luxury Pousada with restaurant and kite-surfing school.
Property
Location & Area
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Cumbuco is only 25km (30min by car) from Fortaleza and its international airport Pinto Martins
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In Cumbuco, land is very, very limited: Only 4 blocks between the ocean and the environmentally protected sand dunes in the back. The demand for land and houses is many times higher than the actual supply, and prices are continuously increasing.
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Cumbuco turns from a small fisher village to a very attractive tourist destination: a) Large investment started, such as the Vila Galé Golf and Hotel Resort, 2km outside the village. See: http://www.vilagale.pt/pages/hoteis/?hotel=26 b) It is the number 1 spot on the planet for kite-surfing, besides Golf the fastest growing sport.
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Approx 50% of property owner in Cumbuco are already foreigners. It is foreseen that Cumbuco becomes one of the highest valued beaches at the coast of Brazil, comparable with Buzios near Rio de Janeiro.
Property Deposits & Payments Terms
The payment plan is:
-
10% downpayment
-
90% final payment (within 30 days)
Property Running
Costs
Monthly Utility and other costs directly associated
with this property are set out below: (all are estimated and
approximated)
- Caretaker (per month): BRL 465.00. Note: The property has a seperate caretaker house with two rooms.
- Electric (per month) = approx. BRL 150.00.
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 2.5% of the purchase price (payable to the notary)
- Property Transfer Tax (ITBI) of 2% (payable at the City Hall).
- Brazilian Lawyer (optional): approx R$ 3'000 to go through the whole deal.
* 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.