Land Plots for Sale with Option to Build House
£22,301 / $34,454 / €27,257 / R$61,328
Ref: PBRN582a
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General
Summary
- Land Plots for sale with Options to Build
- 2 Mins Walk to beach
- 35 minutes Drive to International Airport
- Only 15 minutes drive to the new international airport ( under construction with completion foreseen for 2013 and build to be the bigest in Latin America)
- Excellent Local Beach Restaurants at walk distance to the development
- Natal City Centre only 20 Mins drive
The Development / Communal Building Proposes:
- Cable TV
- Communal Swimming Pool
- Restaurant & Bars
- Tenis Court & Sport Areas
- Supermarket
- Natural Paths and Walkways
- Communal Party Room
- Fitness Center
- Parking Space
- BBC Facilities
- Communal Area maintained for you
- Security 24/7
- Land Size from 354sqm up to 784sqm
- Villas with layout ranging between 100sqm - 142sqm
- 2 and 3 Bedrooms
- Living Room
- Kitchen
- Private Garden
Property Overview -
The whole project will be shared in 3 phases: beginning with 347 land plots whose size varies from 354sqm – 784sqm starting price from £ 20.357 where the investor can choose (or not) to acquire among 4 villa types with layout ranging from 100sqm – to up to 142sqm - an option that may be taken up (or not) atthe same time as the land purchase. That means a potential investor can buy the land and opt to build or not, leaving for appreciation just the land if preferred. These luxury villas were specially designed to provide comfort and well-being, with options for two and three bedrooms , single storey and duplex with a range of other options. Starting price for such Units from £ 77.950.
Phase 2 and 3 consists in the construction of
200 apartments and a luxury hotel providing all infra-structure, urbanization
and amenities inside the development necessary to guarantee the success of an
investment of this size and proposal.
Property Location & Area
Muriu
Beach:
Muriu Beach is
uniquely located to offer to the professional investor and the holiday-maker the
opportunity to buy in undoubtedly one of the most sought after locations in
Natal at prices at least 20% under the market value. Located just 39km north of
Natal City, Muriu Beach is possibly the most desirable location in Natal. The
front line beach villas are considered to be the millionaire's row. This is
where all the wealthy locals own their weekend villas and holiday homes.
There are wonderful restaurants, serving sumptuous fresh seafood and exotic
drinks.
Build /
Property Specification
The entire project consist in 3
phases as explained bellow:
Phase 1
Land
Plots
Investors can chose from 347 land plots with
plot
sizes varying from 354m2 up to 784m2. The plots
are cleverly appointed with views varying from
sea
to the natural protected fauna and flora. The
land
plots are handed over with all services ready
to
connect and are maintained by the
administration
of the project, ensuring that your investment
is
always
maintained.
Luxury Villas
A choice of four types of villas are available to enhance
your
land purchase. These were designed by a local
architect who designed a perfect villa to
achieve
high returns with low immediate expenditure.
The
villas are of two and three bedrooms, single storey
and
duplex with a range of options. Choose
from
layouts between 100m2 and 142m2.
Completion:
Phase 2
Condo Apartments
The project will have an amazing community feel
as we release 220 luxury one and two bedroom
apartments from 55m2 and 142m2 penthouses
The apartments are finished with contemporary
luxury fittings, air conditioning, fitted
kitchens,
bedrooms and bathroom, sea views and parking.
Investing now in these apartments give the best
opportunity for capital growth as the
project
matures
completion:
Apart Hotel and Spa
Phase 3 of the project is the Apart Hotel and
Spa.
Rooms will vary in size from 45m2 to 55m2, and
all
finished to a high standard. The hotel will have
the
only conference centre in the region and will
be
a popular location for business conventions.
The
hotel will also house shops, bars restaurants
and
the unique spa, making it a repeat-stay
destination
for holidaymakers. We expect Palm Springs’
success to mirror that of Porto Brasil, a well
established
condominium development on the
southern tip of Cotovelo Beach, Pirangi, a
project
that sold out in 2007. Palm Springs is currently
the
only other comparable investment opportunity in
the
region.
Property Deposits & Payments Terms
OPTION 1- Plot only
-
Interest free payments over 24
months!
How it works for you
The process is very simple, for example for a plot
priced at £ 22,500:
• Deposit payment 20% -
£4,500
• 4 x balloon payments of 7.5% or £1,687.50 equating in
total to 30%,
these are paid at months 6,12,18 &
24.
• The deposit and balloon payments equate to 50% of the
plot price.
• The 50% balance is spread over years 1 & 2 at £468.75 per
month.
OPTION
2- Plot and Villa
“Dual Purchase Programme”
How it works for you
In this example: Purchase a plot £18,487 and villa from
one of our 4 villa designs
from £77,950.
Dual purchase price total is
£96,437
• Reservation £3,000 for the plot and the
Villa
• Within 30 days at Private Purchase Contract 30% of the
villa price £ 23,385
(less the £3,000 reservation already
paid)
• 6 months later after Private Purchase Contract, 15% of
the Plot and Villa
combined £14,465.
• 20% £19,287 On commencement of
foundations
• 25% £24,109 On Commencement of
roof.
• Balance £ 15,191 at Title Deeds
(Keys)
Benefits of “Dual Purchase”
At reservation
If you selected OPTION 1 example you would be paying
from £18,487 to
purchase the plot whereas, with the “Dual Purchase
Programme” the initial
payment is only £23,385 to own the plot and the villa at
the early stage.
At the 6 month stage
You will have full Title Deeds to the land which will
allow you to sell on the plot
and the villa at any time! This is a huge benefit to
those short term investors
wishing to capitalize early on the plot and villa capital
appreciation. Purchasing
costs
are approximately 8%
Dual purchase is available for a limited period
only.
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 (symbols R$ or BRL). Currency rates will depend upon your banks conversion rate at the time of transferring the monies. The current conversion rates used on this site are €1 = R$2.25, £1 = R$2.75, $1 = R$1.78. 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.