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Beautiful Beach Front Apartments

Apartment in ZUMBI BEACH - NORTH COAST, Natal, Rio Grande do Norte

£53,000 / $88,333 / €60,000 / R$159,000

2 Bedrooms
2 Bathrooms

Ref: PBRN545



General Summary

  • Beach Front Location 
  • 78km from International Airport
  • 30km from the new international airport which is due to completion in 2010 and is quoted to be the fourth largest airport of the world
  • 10 min walk to Local Beach Restaurants
  • 68 km from Natal City Centre

The Development / Communal Building Offers:

  • Cable TV
  • Communal Swimming Pool
  • Communal Party Room
  • 1 Parking Space
  • Barbecue Area
  • Communal Area maintained for you
  • Wireless Internet
  • Security 24/7


The Property Offers: 

  • Property Size 83 to 87sqm
  • 2 Large Verandas with Sea View
  • Fully Furnished ( optional)
  • 2 Bedrooms (1 or 2 en-suite)
  • 1 Living Room
  • 1 Dining Room
  • Kitchen



Property Overview -

Those beautiful beach front apartments were built to take full advantage of the nature aside. These apartments have 1 en-suite and 1 bedroom, as well as 2 verandas. Two en-suites are possible without extra charge. Price – From €60,000 - €74.,844 (depending on location and time of completion). Construction – 83 to 87 sq metres.  Get 5% cut off on launching campaign. Private Plot  with an extra 50 square metres for ground floor. Ready in 24 - 30 months, optionally the units came fully furnished. A great 180 degrees ocean view. The condominium offers swimming pool, restaurant, barbecue area, wireless internet, laundry, car park, communal leisure area, and security 24/7. Possible to pay over 100 moths installments. In an undiscovered and idyllic beach that seems a paradise!  The developer offers 5,5% Guaranteed Rental Income



Property Location & Area

68 km north Natal, Zumbi Beach is truly an exquisite place at peace with nature, near a fishing village, with vast expanses of virgin beach. The sea is calm here and the sand fluffy. There are dunes and a coconut plantation. There are many summer holiday homes here. Carnival is listed as an event in the Zumbi tourist calendar. Besides, it will be few minutes drive to the new international airport, which is quoted to be the fourth largest in the world, therefore increase the tourists flow considerably.


Build / Property Specification
 
All Units came fully furnished with electrical applyances and air conditioning included.

Property Deposits & Payments Terms

Private Purchase Contract – 15%

 70% between the time of contract and the time of completion.                                      

 15% - Completion (deed)

 Other conditions, please ask



Associated Purchase Costs

In addition to the listed price for the investment, the following costs will apply to your purchase:

  • 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

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

Condominium Service – roughly 1€/month per square metre of construction.

 

 The condominium services include: maintenance of the swimming pools, playgrounds, roads, and water, TV, internet, insurance, security and common electricity supply, etc. The condominium management will also take care of your property when you are not there, including permanent services, such as security, gardeners etc, looking after both common and private areas. A rental and maintenance management contract can also be arranged. Guaranteed Income is 5,5% - 7,5%



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


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.

Developer offers Guaranteed Income is 5,5% - 7,5%

* 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$2.65, £1 = R$3.00, $1 = R$1.80. 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.