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945 Hectares of Beach Fronted Development Land

Commercial Property, Development Land, Plantation / Farm / Mine, Villa / House in Subauma, Salvador, Bahia

Additional Documents

project description (Portuguese).pdf

£21,818,182 / $33,707,865 / €26,666,667 / R$60,000,000

1.6km of Beach Front for Large Marina / Golf Course project

Ref: PROJECT101
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General Summary

  • On the Beach
  • 90 Mins Drive to Salvador International Airport
  • Local Beach Restaurants
  • Outline Planning Project pre aproved
  • Planning Permission at this stage Study pre aproved
  • 12 Golf Courses under Construction in 40 km area

The Development Offers:

  • 945 Hectares Total Land Area
  • 1.6km of Beach Front
  • Electric in Area
  • Water in Area



Property Overview - Land for development in Brazil, Beach Fronted (PROJECT101)

945 ha Beach fronted Land Plot for development. 90 km from international airport of Salvador in Bahia.  The total beach fronted area is 1.6km.


Property Location & Area

90 km north of Salvador Higway Salvador Aracaju. Very good Highway.


Build / Property Specification
 
One of the las big Beach Front oportunities in a 120km radius of the int. Airport Salvador. Considering 12 Golf Corses in the 40 km area. (4 ready)


Property Deposits & Payments Terms

The payment plan is:

  • Reservation Fee: 5%
  • •Payment Terms: negotiable


    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) 
    • UK / Brazilian Lawyer (optional but recommended) we have good Lawyers to indicate
    • 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

      Salvador has hotel occupation rate of about 60% per year (average). In some seasons it goes up to 100 % specially during carnival and summer. Now we have Worl Cup 2014 also in Salvador and sure this will evan increas the 60 to 70%.

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    * 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.