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Great House located in Ponta Negra Beach

Villa / House in Ponta Negra Beach - Natal, Natal, Rio Grande do Norte

£110,030* (367,500R$)

2 Bedrooms

3 Bathrooms

Ref: PBRN538

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General Summary

5 Mins Walk to beach
10 mins Drive to International Airport
Surouded by Famous Local Beach Restaurants
Natal City Centre approx 10 Mins drive

The Property Offers:

Property Size 260sqm
2 Bedrooms (both with its own suite)
2 independent living areas
Social Bath
1 Bedroom for Guests
1 Living Room
1 Dining Room
Kitchen
Terrace
4 Parking Spaces
Plot size 450sqm
Barbecue Area
Party Salon

Property Overview -

This Charmed House has 260sqm of built area, living room, office room, 2 bedrooms (both with its own suite), Social bath and further 2 individual living areas – out of the house. Plot size has 450sqm, Beautiful Garden, Barbecue, and Party Salon in the best location of Natal – Ponta Negra. Excellent rental and sales potential!! European Standard and Brazilian Price.

Property Location & Area

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 120 meters high, circled by vegetation.

Build / Property Specification

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) = aprox BRL 25,00
Electric (per month) = aprox BRL 60,00

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.