Apartment with Sea View - Rental Pool

The Development / Communal Building Offers:

The Property Offers: 

Property Overview - Apartments in Natal, Pipa Beach (PB500)

This property is located on one of the most famous and expensive beaches in Natal.  The condo offers a renatl management service.  The properties boast a view of the sea from the balcony and located only 30 minutes from the airport.  The development is 3 years old.



Property Location & Area

Pipa beach is just 30 Minutess drive from the Natal International Airport.  The apartments have a view of the sea and are front line to the beach.

The most famous beaches are in Pipa and absolutely gorgeous.  There are international restaurants, dolphins in the sea and just an incredible tranquility which will make you want to return again and again.

Pipa beach holds some of the most expensive property in Natal.

Build / Property Specification

The property is supplied with full furniture, please ask for an inventory list.

 


Property Deposits & Payments Terms

The payment terms are negotable.  The seller would like payment as soon as possible but is prepared to negotiate.



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 (optional but recommended) See below section on 'Legal' - £800 + Vat
• Admin / Processing (includes all processing costs) £1250

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



Property Running Costs

Monthly Utility and other costs directly associated with this property are set out below:  (all are estimated and approximated)

• Council Tax (per year) approx 1% of property price
• Water (per month) = TBA
• Electric (per month) = TBA
• Condo Fee (per year) = TBA

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 property has a 'pool' rental scheme and the condo company are responsible for your property.  The return is around 280 BRL per day in the Low season and 350 BRL per day high season.  The condominium pool will keep 30% of this income to pay for their management services.  The above are based on the property being fully furnished.

If you choose not to add your property to the pool, our associates office in Natal will manage your property on your behalf.  The cost is 20% for short term rental and for longer term (over one year, 50% for the first months payment and then 10% per month there after).

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* 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.