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UNBELIEVABLE PRICE OF WATER FRONT GUEST HOUSE

Commercial Property in Buzios, Natal, Rio Grande do Norte

£272,727 / $421,348 / €333,333 / R$750,000

12 Bedrooms
12 Bathrooms

Ref: PBRN569



General Summary

  • Water Front Location
  • 25 mins Drive to International Airport
  • Excellent Local Beach Restaurants near site
  • Natal City Centre approx 15 Mins drive


The Development / Communal Building Offers:

  • Plot size: 1.800sqm
  • 15 bedrooms with en suite and veranda with ocean view
  • 2 Floors
  • Cable TV
  • Communal Swimming Pool
  • Communal Party Room
  • Restaurant
  • 12 Parking Space s
  • Barbecue Area
  • Communal Area maintained for you
  • Security
  • The Property has a large space for new construction and refurbishment which would increase the revenues


The Property Offers: 

  • Property Built Size 1.000sqm
  • 15 Bedrooms (with en suites)
  • A main house with 3 bedrooms en suite
  • A large terrace with 180° ocean view
  • Living Room
  • Fully Equiped Kitchen

 



Property Overview -


 

Excellent  investment opportunity available at one of the best beaches in Natal:    A Beautiful water front Pousada located in Buzios beach.  With a unique infrastructure that takes advantage of the local architecture with a European touch, the Pousada allies good taste and comfort:   All 15 apartments are fully furnished and offer an amazing ocean view, the kitchen is fully equipped with electrical appliances included within the purchase price together with the complete structure to operate.   


 

 

Property Location & Area

 

Buzios Beach; 

Búzios is a small fishing village about 20 minutes South of the city of Natal . This small village is a quiet location with 5 miles of white-sanded beach and blue water. In Búzios you will find a few beach-front restaurants and bars (waiters will serve on the water if you so desire), a small water park (great for spending the day out with the family). You´ll also have access to several day-trips available throughout the area.


Build / Property Specification
 

The location is an attraction apart, the beach offer many leisure options and a beautiful landscape completes the wonderful scenario. Only 15 minutes south from Natal and 25 from international airport between the famous beaches of tabatinga pipa in one side and pirangi cotovelo in another makes this investment even more attractive due to its strategic position.

The Pousada is currently operational and it has increased its revenue numbers since last year. A spread sheet with current expenses and revenue can be send upon request.  



Property Deposits & Payments Terms



The payment plan is:

  • Reservation Fee: 5000 GBP (Sterling)
  • Contract Signature: 30%
  • Title deed: 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 ( depending season)
  • Electric (per month) = BRL
  • Condo Fee (per year) = BRL

Request spread sheet for further details


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.

* 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.