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SOLD

Land for Sale for 128 Apartment Project

Apartment, Commercial Property, Development Land in Buraquinho Lauro de Freitas Salvador, Salvador, Bahia

6000 m2 Plot in Buraquinho

Ref: PB354
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General Summary

  • 10 Mins Walk to beach 
  • 15 mins Drive to International Airport
  • many Local Beach Restaurants
  • Salvador City Centre approx 25 Mins drive

The Development / Communal Building Offers:

  • Cable TV
  • Communal Swimming Pool
  • Communal Party Room
  • Fitness Center
  • Parking
  • Barbecue Area
  • Communal Area maintained for you
  • Project ready


The Property Offers: 

  • Property Size 6000sqm
  • 2 Bedrooms
  • Living Room
  • Kitchen
  • private Swimming Pool for Garden Aps
  • Barbecue Area



Property Overview -

6000 m2 Development Land with Project for 128 Aparments, Plots and Plans annexed, new beach in a very big Population Area near salvador 15 min. from Int. Airport of Salvador.  See attached Documents.



Property Location & Area

10 minutes walk to beach, the land has two access roads.



Build / Property Specification
 
Development Land with agreed planning

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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

For more information about the 'Admin Charge' see the below section 'Property Commisions'



Property Running Costs

No Running costs at this stage as just land



Rental / Yield Potential

Yield potention, we have a complete study ready to go. Pls contact us to get the Survey. High Potential for Flat and Apart Hotel.

Salvador has hotel occupation rate of about 60% per year (average). In some seasons it goes up to 100 % specially during carnival and summer.
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* 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.