Development Land in Brazil for sale to Build small Condo of Villas, Houses or Apartments.
Ref: Joao-Pessoa-Land-2016-004
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Distance
Summary
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Beach: 5 mins drive
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Shops: 15 mins drive
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Nightlife: 10 mins drive
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Public Transport: 3 mins walk
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Natal International Airport (NAT): 120 mins drive
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Recife International Airport (REC): 120 mins drive
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Joao Pessoa Local Airport (JPA): 30 mins drive
Property Features
- Plot Size: 4500 sqm
- View of Sea from Land: NO
Finance / Costs
- Developer / Sellers Finance Available: - NO
- Condominium / Gated Community Monthly Fee - unknown
- Other
Land in Joao Pessoa, Paraiba Details
4500 sqm plot of land for sale, ideal for building a small condominium of houses or villas for resale.
Land plot size is 150x30m and located in Altiplano, the No 1 spot in João Pessoa. It stands in a corner, besides one of the largest Luxury condos in town. It is wonderfully located and might be used for building a condo, as there is space for two towers and a leisure area. There is a house in the grounds, but it is heavily deteriorated.
Joao Pessoa is a growing city, a great investment destination, a place with plenty of space to expand both physically and price wise. JP is attracting wealthy re-locators from Brazil’s mega cities who come for the climate, security and organization of the city. As it emerges as a prestigious place to live, the expansion fuels steady sustainable growth in the property market.
Altiplano is the fastest growing area of the city, both city and state governments are investing in the area, the city is expanding it’s cultural and science park, building a performing arts center and the state government is building a 9000 capacity conference and events center.
At the point where Altiplano meets Cabo
Branco is the pocket, an ultra high end area where developers are trying to
build their signature buildings.
Land Deposits & Payments
Terms
Terms and conditions of payment for Land in Joao Pessoa, Paraiba vary, so be prepared to pay a deposit, usually 10% to 20% required to secure the land investment.
The final payment for the land will be required within 30 days maximum of the deposit payment. Should you wish to extend the payments terms then it may be possible to negotiate with the seller / owner a stage payment plan.
We would advise that a Brazilian Lawyer is introduced to the transaction at an early stage as its important to know the documents are all in order before paying the deposit. We can recommend various Brazilian Lawyers if required.
Purchase Costs & Taxes of Land in Joao
Pessoa
In addition to
the listed price for this Real Estate in Joao Pessoa, Brazil, the following
costs / fees will apply to your land purchase:
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Property / Land Transfer Tax (ITBI) - 3% approx (to register the title of the land in your name payable to Town Hall)
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Registry Office Fee -3% approx (payable to the Notary Office)
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Brazilian Lawyer (optional but recommended) - 2% of property price to act on your behalf throughout the purchase process.
The Joao Pessoa area has a total of 6 Municipality Areas namely: Bayeux, Cabedelo, Conde, Lucena, Santa Rita and the City of Joao Pessoa
Running Costs of Land Investment in Joao Pessoa
Land usually has minimal costs associated with running as no utility services or other costs associated with running a house or apartment in Brazil. Operating costs of this Land in Joao Pessoa and any associated costs can be provided upon request.
Build a Property / Project on your Land in Joao Pessoa
We can introduce you to Architects in Brazil who will help you design your dream house in Brazil. If you are looking to build a large Brazilian project, then we can introduce you to the contacts who specialise in Brazilian projects.
Both Natal and Recife will be Host Cities for the 2014 World Cup, international tourism will recieve a massive boost from this event together with the 2016 Olympic Games in Rio.
* 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' with Bank of Brazil click here.
Consider using a Money Transfer Agent to Transfer Money To Brazil, offering better Exchange Rates than High Street Banks.
Prices displayed do not include other associated purchase costs such as Government Purchase Tax, Legal Costs, Admin and Furniture (unless stated).