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Beautiful House in Cotovelo beach only 2 minutes walk to the beach.

Villa / House in Cotovelo Beach, Natal, Rio Grande do Norte

£221,818 / $342,697 / €271,111 / R$610,000

8 Bedrooms
7 Bathrooms

Ref: PBRN561
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General Summary

  • 2 Mins Walk to beach
  • 15 mins Drive to International Airport
  • 2 minutes walk to find great Local Beach Restaurants
  • Natal City Centre approx 15 Mins drive


The Leisure Area Offers:

  • Cable TV
  • Swimming Pool - Adult - Child
  • Party Room
  • Bar
  • Barbecue area
  • 2 Parking spaces
  • Great Location
  • 2 Minutes Walk to the Beach


The Property Offers: 

  • Property Size 900sqm
  • Fully Furnished
  • 8 Bedrooms (of which 5 Bedrooms en suite)
  • One suite with hydro-massage bath tub
  • Living Room
  • Dining Room
  • Completely furnished Kitchen
  • Terrace


Property Overview

 

Great house with 900sqm, fully furnished including electrical appliances, 7 bedrooms 5 en suites and one with hydro-massage bathtub, 8 bath rooms, dining room, living room, complete kitchen, storeroom, leisure area with swimming pool (for both adults and children), barbecue, bar, bathrooms in the leisure area and parking space for 2 cars. Only 2 minutes walk to the beach of Cotovelo, 8 minutes from Ponta Negra beach, 15 minutes from Town Centre, and 25 minutes from Natal International Airport.  An Excellent location!

 

Property Location & Area

 

Cotovelo beach is located 15 minutes away from Natal town centre. Cotovelo is a small and calm beach, blessed with clear and calm waters, with few houses - mostly condominiums of high class. Cotovelo is a beach formed by cliffs and great for bathing. One of the first beaches for summer vacationers to Natal, it has good structure of restaurants and lodgings.

 

Property Deposits & Payments Terms

The payment plan is:

  • Reservation Fee: 3.000GBP (Sterling) •
  • Contract Signature: 30%
  • •Title Deed Signature: 70%

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
  • Water (per month) BRL 45,00
  • Electric (per month) = BRL 95,00


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.
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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.