BRAND NEW FRONT LINE BEACH APARTMENT
£58,383* (195,000R$)
Ref: PBRN525
General
Summary
- Front Line Beach Property
- Amazing Ocean Views
- One Parking Space
- 20 mins Drive to International Airport
- Surrounded by several Beach Restaurants and local Amenities
- Natal City Centre approx 2 Mins drive
The Development / Communal Building Offers:
- Cable TV
- Wi-fi internet
- Communal Swimming Pool
- Communal Party Room
- Fitness Center
- Barbecue Area
- Communal Area maintained for you
- Conference Room
- Business Center
- Flat Services
- Restaurant
- Security 24/7
- Property Size 54sqm
- 2 Bedrooms
- 1 Living Room
- 1 Kitchen
- Balcony with ocean view
Property Overview - BRAND NEW APARTMENT
This brand new apartment is located in the wealthiest area of
The owner has the option to include the flat with in a rental pool system, which provides guaranteed monthly returns.
Property Location & Area
Sunny all year round - one of the brightest capital cities in Brazil, Natal, not by chance, is known as the "City of the Sun". It's also known as "City of the Dunes" where the Sun stands high in the sky for almost 10 hours a day and 300 days a year and attracts thousands of visitors who fly from south-eastern Brazil, and an ever-increasing number of tourists from Europe, South America and North America. According to NASA in 1994, it has the second purest air of the Americas (the first is the Antartica).
Natal, with 800,000 inhabitants (2007), is the capital of state of "Rio Grande do Norte" and is situated in the north-eastern region of Brazil: the Brazilian Caribe, a tropical paradise.
Natal's location makes it one of the closest Brazilian cities to Europe and North America with Its international airport, tourist facilities and services stand out in the region.
Build / Property Specification
To enjoy the rental pool system, the apartment
must be fully furnished, to the required standard.
Such a furniture
package is offered by the administrator company for
R$ 20,000
which will bring a net return, of a monthly payment to the owner around R$
1,050. This return is after deduction of the condominium and
administration fee of R$ 600 per month.
Payment Structure
£1000 Reservation Deposit
10% payment
upon Contract Signing (less the Reservation Deposit)
90% upon completion / keys handover (time
period negoatiable but usually 1-2 months after signing the
contract)
Associated Purchase Costs
- 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
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.
Rental / Yield Potential
Ask about rental projections, each area is different and we can talk to you about the local tourist demand. There is a mix of rental opportunity from long term contracts to short term holiday lets.
In many areas, hotels are largely booked 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 = 3.34R$. 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.