Excellent Value Apartments

• Apartments start from 50 sqm  to 92 sqm
• Starting from 99,000BRL
• 1, 2 or 3  bedrooms
• Some apartments have double floor
• Communal Swimming Pool
• 5 minutes walk from the beach
• Beach Restaurants and Bars 5mins. away
• 50 minutes drive from the Airport. 
• Tourist growth 25% per year
• Hotel occupation rate 80% year average

Property and Area Overview  (Ref: PB 343 Imbassai Apartments)

See the latest OCT 2007 pictures towards the bottom of the page

Superb development in Salvador whereby construction has already started (see pictures towards end of page)

A choice of 1, 2 or 3 bedroom apartments.  This development contains a total of 33 apartments. Some apartments have double floor . From the upper floor it is possible to see the living room dowstairs which gives the sensation of space and comfort besides the special charm in the design that it offers. All apartments have integrated kitchen which gives a modern layout and intelligent use of the space.  There are three buildings that are situated around a beautifully designed swimming pool that has a nice area around it which assures privacy for the apartments once there is no building in front of them.

This beach house  is a perfect investment for holiday use, retirement, renting, or investment. This unique apartment  is based inside of a  Condominium  which is close to the Airport and north of Salvador, between Praia do Forte and Sauipe.  The water is warm, inviting and good for bathing. The beach is decorated by coconut palms and typical vegetation.  The beach is a good place for fishery and relaxing.  It has everything that is important to attract tourists and local visitors who usually go in groups to enjoy all the beauty and well-being its attractiveness can offer

Location

Imbassai is located 50 minutes from the International Airport, 10 minutes drive from praia do Forte and 10 minutes drive from Sauipe.  This development is located next to the beach.

Specification

The property is being sold without basic furniture.  An optional furniture package is available upon request.

Associated Costs

All quoted prices are inclusive of CPF tax numbers (an individual tax registration number required to buy a property), agent commission and contract drafting. The price does NOT include government purchase tax (appox. 5% of the purchase price) or legal assistance. (see below - legal Assistance Section).

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. 

Due to the low price of this property and very small commission paid to handle the transaction, including the CPF no etc, there is a processing fee applicable of £550

Rental / Yield Potential

The below figures are estimates supplied by our local contacts.

BRL 100,00 (approx £24) per day low season, and BRL 180,00 (approx £44) high season per day.