Development Land for Sale in Florianopolis: Corner plot with simple hardwood house
Ref: PBSC1039a
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General Summary
-
10 minutes's walk to beach
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40 minutes' drive to Florianopolis International Airport
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40 minutes' drive to Florianopolis town centre
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Supermarkets, restaurants, bars, pharmacies, medical centres, schools, and all sorts of shops nearby
Property offers
- Plot size: 459 sq.mt. (17 m x 27 m)
- House:
- Open plan living and dining-room
- Kitchen
- 02 bedrooms
- 1 bathroom
- Large front porch
- Lawn
- Plot fenced off with wire. Wooden gate.
- Location upon main road with shops, restaurants, bars and other services nearby
- Good public transport service
- Easy access to northern beaches, Lagoa da Conceição and southern regions of the island
- Neighbourhood is undergoing transition process from rural to urban
Individual plot with a simple 2-bedroom hardwood house in need of some refurbishment work for sale. Excellent corner location upon the neighbourhood's main road running along the Moçambique Beach in São João do Rio Vermelho on the eastern coast of the Island of Santa Catarina. Right opposite this plot an Italian real estate company is to start building six fenced-off luxury condos in 2011, which is bound to increase property value as well as the need for shops and services in the area even further. Ideal as permanent dwelling, a holiday home or for commercial use. São João do Rio Vermelho is undergoing the transition process from rural to urban. The Rio Vermelho (Red River) runs through it and marks the beginning of the Permanent Environmental Preservation Area in the neighbourhood. Moçambique Beach, the cleanest on the Island of Santa Catarina, runs along São João do Rio Vermelho and may be reached in 10 minutes on foot or by car from this property. Great investment op!
Property Location within Florianopolis
Area
The
neighbourhood of São João do Rio Vermelho owes its name to a river that runs
across it whose water has a reddish colouration as a result of the decomposition
of the roots of local vegetation. (Rio
Vermelho = Red River)
São
João do Rio Vermelho is located alongside the State Park of Rio Vermelho, a
1.532,35
hectare
environmental preservation unit running between the Moçambique Beach on the
eastern coast of the Santa Catarina Island and the main road. Thanks to its
location within the ecological reserve, this is the only beach on the
island which is, without any doubt, 100% free from all types of
pollution.
Rio Vermelho is the only neighbourhood on the island lying at an
average height of 6 m above sea level which turns it into a sort of 'regional
highland'. It features high dunes along the beach (a natural protection against
the effect of sea air) to the east, and the hills to the west shelter it even
further.
The view from the hills is beautiful and no matter where you are
in Rio Vermelho, you will always be able to see both the dunes and the
hills.
The neighbourhood has been developing continuously for the last
8-10 years and it is only recently that luxury condos are starting to crop up
there. It seems developers only just started noticing this very green, natural
plain spreading between Moçambique Beach and the hill chain that runs along the
coast.
The southern part of Rio Vermelho lies upon the northern arm of
Lagoa da Conceição (Conceição Lake) offering a breathtaking scenery with
abundant autochthonous wild flora and fauna which may be spotted while rowing on
the lake or walking the many trails leading up the hills or across the dunes and
the Rio Vermelho to the sea.
São João do Rio Vermelho is a new, fast-growing neighbourhood with a current real estate appreciation rate of 20% per year. There are great investment opportunities in this area as property here is still cheaper than in other areas of the Island of Santa Catarina though equally valuable and rapidly-appreciating.
Florianópolis is the capital city of the Brazilian southern state of Santa Catarina. It is located on a subtropical island featuring over 50 beaches, green seas, historical places, hills and breathtaking views. Florianopolis is a place with out-of-the-ordinary beauty, the island is increasingly sought after as one of the best locations for safe investment in real estate in Brazil. Connected to the mainland by two bridges and just 20 minutes from the local international airport and 30 from the coach terminal, Florianopolis is the capital city with best quality of life in the country, a safe, relaxed place with the highest real estate appreciation rate in the region (proven 20-25% per year).
Build /
Property Specification
In
Florianópolis, property is usually sold either partially or
fully furnished as most properties are resale properties (and not new build /
off plan). In the majority of cases, sellers do take furniture with them,
although this is negotiable.
Property Deposits & Payments
Terms
It is usual that with resale properties the full payment is made upon contract exchange. A deposit of approx R$ 5,000 will be required to secure the property and produce a contract.
Associated Purchase Costs of Property in Florianopolis
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 0.8% (max. of R$ 801.00) of the purchase price
(payable to the notary)
- Notary Fees is approx 1% of the purchase price (max. of R$ 805.00)
- Property Transfer Tax (ITBI) of 2% of the sale price (payable at the City Hall).
- 'FRJ - Fundo para Reaparelhamento do Judiciário' (Fund for Reequipment of the Judiciary) Tax of 0.3% of property price (max. R$ 400.00)
- UK / Brazilian Lawyer (optional but recommended) - please see below
With regard to lawyer's fees, this can vary depending on the work and level of service you require. A fee of between 0.5% and 3% will be charged depending on work / service.
Property Running Costs
Monthly utility and other costs directly associated with this property are set out below:
- Council Tax (per year): R$ to be advised
- U
When buying a
property it is important that you pay the appropriate council rates and
condominium charges (if applicable), your home/investment is at risk if you do
not keep up these payments.
Rental / Yield Potential
Real estate appreciation rate in Florianópolis is @ proven 20-25% per year.
Please, ask about rental projections as these vary for each specific area within Florianopolis, depending on location and property.
There is a mix of rental opportunity from long term contracts to
short term holiday lets.
In Florianopolis, hotels are largely booked in
summer and tourist visits to the island are increasing year on
year.
We deal with local contacts in the Florianopolis area who know the
markets well and can help you manage your properties
generally.
This property has great yearly/holiday rental potential because it is located in a highly sought-after area which turns it into a good investment opportunity.
* 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.