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Comercial Building 10 years Rental Guarantee

Commercial Property in Salvador Comercial Area Iguatemi, Salvador, Bahia

£733,333 / $1,222,222 / €830,189 / R$2,200,000


Ref: PB355

 

 

Limited Time to Show Interest

 

 

 

The Property Offers: 

  • Commercial Building / Office for Rent in Salvador
  • 540sqm (Half of One Floor)
  • Brand new building and completed / ready for rent with tenant
  • Condo for Business with Shops and all Infrastructure
  • Tenant is Large European Telecom Provider
  • 12% Rental return - Guaranteed for 10 years
  • Real annual Inflation adjustment in Contract
  • Total Pay back after 8 years and 4 month
  • Tenant PAYS ALL BILLS so no untility costs for 10 years (this is 12% net return P.A)



Property Overview

Brand new Comercial Building with 10 years Rental Garantee from a large European Mobile provider.  There is a short time period to show interest in this project as the telecoms company wish to sign rental contracts ASAP.  If no buyer shows interest within the next few days, the building company of the office will retain the building and sign rental contracts with the telecoms company.  Investor would receive back total investment within 8.5 years.

 

 

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 5% of the purchase price (payable to the notary) 
  • UK / Brazilian Lawyer (optional but recommended) - To Quote 

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) = Tenant pays
  • Water (per month) = Tenant pays
  • Electric (per month) = Tenant pays
  • Condo Fee (per year) = Tenant pays


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.






 

* 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.