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GREAT BEACH HOUSE SEA VIEW IN A CONDOMINIUM

Villa / House in GENIPABU, Natal, Rio Grande do Norte

£79,371* (265,100R$)

2 Bedrooms
3 Bathrooms

Ref: PBRN528
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General Summary

  • Beach Front Location
  • 25 mins Drive to International Airport
  • Good struture and near Local Beach Restaurants
  • Natal City Centre approx 10 Mins drive


The Development / Communal Building Offers:

  • Cable TV
  • Communal Party Room
  • Fitness Center
  • Barbecue Area
  • Communal Area maintained for you
  • Gardens
  • Security 24/7


The Property Offers: 

  • Property Size 87sqm
  • Duplex
  • 2 Bedrooms en suite
  • 1 Living Room
  • 1 Dining Room
  • 1 Social Bathroom
  • Terrace with Sea Views
  • American style Kitchen
  • Barbecue Area
  • 2 Parking Spaces
  • Private Garden

Property Overview -

A fully furnished duplex house, beach front location offering 2 bedrooms (with  en-suites), living room, dining room, terrace, private garden and 2 parking spaces, in a 172m² plot of a private condominium which security 24/7.
Good structure and facilities.

Genipabu is famous for its dunes and weird trips, a particular an idyllic nature surrounded providing for its visitors enchanted moments. 

Property Location & Area

Genipabu Beach is 25km north from Natal. It’s famous for its giant dunes and the exciting buggy rides, as well as the dromedary it offers.
In Genipabu, it is possible to find beaches with dunes over 30m tall, swamps and lagoons. The passage is composed of many pau-a-piquê and sapê wood houses, which blend with the coconut tress and beaches. Another great local attraction is the Dunas Park, more to the south, with a very diversified fauna and flora, with exclusive Atlantic Forest species.


Build / Property Specification
 
Fully furnished duplex house in a condominium which offers both security and rental income returns.

Property Deposits & Payments Terms

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

Monthly Utility and other costs directly associated with this property are set out below:  (all are estimated and approximated)

  • Council Tax (per year) approx 1% of property price
  • Water (per month) BRL 25,00
  • Electric (per month) = BRL 75,00
  • Condo Fee (per year) = BRL comming soon


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.

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. 


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.
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* 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 = 3.34R$. 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.