Hotel / Apartment Project - for Construction
£220,065* (680,000R$)
Ref: PBRN510
General Summary
- 2 Mins Walk to beach
- 30 mins Drive to International Airport
- 60 mins Drive to NEW International Airport (when completed)
- 5 mins Local Beach Restaurants
- Natal City Centre approx 35 Mins drive
- Total 27 x 2 bedroom Apartments
- Cable TV / Internet
- Communal Swimming Pool
- Communal Party Room
- Barbecue Area
- Apartment Sizes 78sqm
- 2 x Bedrooms
- Living Room
- Kitchen
- Own Terrace
- Each Apartment is two storey
Property Overview - Hotel / Apartment Construction Project (PBRN/510)
Property Location & Area
2 mins from beach, 30 mins from airport and 35 mins from Natal city centre.
Build / Property Specification
Currently land with planning permission for a project. Land size is 1,400 sqm. Planning approvale from city hall.
Property Deposits & Payments Terms
A reservation deposit will be required to secured followed by full payment in time scales to be agreed.
Associated Purchase Costs
In addition to the listed price for the investment, the following costs will apply to your purchase:
- Stamp Duty Tax (or Registration tax) is around 2% of the purchase price (payable to the notary)
- Property Transfer Tax (ITBI) of approx 3% (payable at the City Hall).
- UK / Brazilian Lawyer (optional but recommended) £800+ Vat
- Admin / Processing (includes all processing costs) £500
For more information about the 'Admin Charge' see the below section 'Property Commisions'.
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.
We deal with local contacts who know the markets well and can help you manage your properties generally.
* 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 = 3.09R$. 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.