Excellent Investment option. Hotel for sale in Natal’s best location.
£1,836,158* (6,500,000R$)
Ref: PBRN523
General
Summary
The Development / Communal Building
Offers:
- Air-conditioned apartments
with balcony
- American style kitchen fitted
with a microwave, minibar and utility
room
- Television in the living room
and bedroom
- Telephone with a direct line
- Cable TV
- Individual digital safe
- Solar energy water heater
- Bilingual receptionists
- Laundry services
- Garage
- Elevator
- Internet
- Adults and children’s swimming
pools
- Restaurant
- Buffet breakfast
·
The
rustic style architececture
of the Hotel gives prominence to the
luxury and master suite apartment categories (single, double, triple and
quadruple). It also has a privileged location, 50 meters from Ponta Negra beach,
near to restaurants, bars, shopping malls, movie theaters and handicraft
shops.
Common
Areas
- Parking Space
- Garage
- Swimming Pool Adult and
Child
- Restaurant
- Reading Room
- Games
Room
Apartments
- Air
Conditioning
- Bathroom
- Safe
- Freezer
- Internet
Conection
- Telephone
- TV
- Cable TV
- Balcony with amazing sea
views
Services
offered
- Rent a Car
- Internet
- Internet Wireless
- Laundry
- Trips and City Tours
- Reception 24
hours
- Room Service
- Transfer
Hotel rustic style located 50m - second line beach – from the most famous and sort after beach in Natal: Ponta Negra.
34 units - 6 flats and 28 apartments - fully furnished with charming decoration, taking advantage of the natural surroundings and the regional architecture. All apartments have air conditioning, American style kitchen fitted with a microwave, minibar, utility room and balcony with amazing sea views. The hotel offers room service, laundry, internet connection, and excellent leisure areas with swimming pool, restaurants and a beautiful garden.
2.400sqm built area the Hotel has
4 pavements +underground with 18 covered parking space. It has roof solar energy
taking advantage of the 300 days sunshine in the “ city of sun” thus, respecting
nature and being more economic.
Another important point of the
hotel is the ecological concern which can be measure in numbers of the monthly
economy in energy and water. The hotel has its own artesian well and roof solar:
energy and water costs are exceptionally
low.
Property Location &
Area
·
Situated in Natals best location. Surrounded by the
best international restaurants, night clubs, pubs, and the liveliest night life
of the region. Supermarkets, shopping malls, handicraft fairs and the best
infrastructure for tourism assistance you can find
around;
·
Located only
50m from the most famous beach of the region and for this reason: The most expensive area per square meter in
natal;
·
Excellent rental potential as Ponta Negra is the
region in natal which receive the highest number of tourists and it’s the
preferable location for both: Foreigners and Brazilian tourists. Ponta Negra has
a high tourist flow all over the
year;
- Ponta Negra beach is, undoubtedly, the
prettiest, liveliest and most touristy beach in the state. There one can find
the best hotels, pousadas and restaurants in town. Completely redeveloped,
Ponta Negra shines on its own, day and night. Here everything is a pleasure,
be it in lovely walks along the sea front where one can appreciate the local
handicrafts, or in the many bars, restaurants and discotheques. A meeting
place for diverse urban tribes, surfers, bathers, fishermen and tourists get
together on the beach below the Morro do Careca. Symbol of Ponta Negra, the
Morro do Careca (Bald Man´s Hill) is a sand dune about
Build /
Property Specification
The apartments offer suites for 2/3/4 people and the
tariff varies according stage of the year and type of the unit. The owner of
hotel only agrees to provide the costs and profit spread-sheet under a purchase
proposal or LOI. However to help our clients be aware of how could be the GROSS
income of hotel we are enclosing below rates operated by hotel nowadays.
*Please considerer two important
points:
- At the low season (march, April, may, June, July )
they have between 40% and 60% occupancy;
- At the medium season (August, September, October,
November) they have between 55% - 75% occupancy;
- At the high season (December, January, February)
they have between 80% - 100%
occupancy;
*these data have been provided by the
owner
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Based on our experience on the market, we can provide,
for our own responsibility an spread sheet of how would be the GROSS
income/month and general considering a error margin of 08% for up or down upon
request.
P.S. The hotel, according owner words has a higher
search all over the year due to its infrastructure, architecture, location, and
services provided. The whole hotel
was designed and projected to take full advantage of the nature aside, the
regional handcraft and the local low matter which gives to its guests the
frequently sensation to be in a paradisiacal beach, providing relaxing moments.
Thus, even if establishments around face low occupancy, the hotel keeps high
search for its units, having an annual average of 75% occupancy.
EMPLOYEES
The hotel currently has a total of 21
employees:
- 4 chambermaids;
- 2 General Services –
Cleaners;
- 5 receptionists;
- 1 Commercial Dept
- 2 Administrative;
- 5 Kitchen;
- 2 waiters.
P.S. In Brazil it is common to pay what is called as a
minimum salary R$ 415/month for operational services.
Property Deposits, Payments Terms and Payment Structure
£1000 Reservation Deposit
10% payment upon Contract
Signing (less the Reservation Deposit)
90% upon completion / keys handover (time period
negoatiable but usually 1-2 months after signing the
contract)
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
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.
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 (BRL). Currency rates will depend upon your banks conversion rate at the time of transferring the monies. The current conversion rate used on this site is £1 = 3.54R$. 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.