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Land to invest with Communal Areas

Development Land, Individual Building Plot in Jacuma, Paraiba

£2,401* (8,500R$)

Ref: PBJP828

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General Summary

Total of 350 Plots

Plots sizes from 200 to 480 sqm

Condo includes Electric / Water and Drainage / sewer

Road side Kerb Stone infrastructure in place

Central Communal area (Swimming Pool / Sun Area and Volley Ball Court)

3 Hours Drive to Natal International Airport

1 Hour 30 Mins Drive to Recife International Airport

25 Mins Drive to Joao Pessoa Airport (going international)

Approx 1.9km from the sea

Local Beach and Town Restaurants and amenaties

Joao Pessoa City Centre approx 35 Mins drive

Property Overview - PBJP828

A total of 350 remaining plots for sale which represents approx. one-quarter of the total development. The condo has planning permission to build and all services have been installed into the development. (Electric and Water). The advertised price also includes the building of a central communal area which includes a swimming pool, sun decking area and volleyball court. The Kerb Stone infrastructure for the roads is also included within the price. Whilst the area is still land, this will be written within the contract that the seller will provide these services. Effectively this is similar to an Off-plan opportunity as you are buying pre communal area services.

Because the main infrastructure is in place this means less monies are required to install the services and thus adds value to the land plot.

This area has huge expansion plans with many developers and international real estate companies now starting to market in the area.

Whilst the land area has planning permission to build a development, owners should submit their plans for a home to the local planning department. We will help with this service and can obtain architects, Constructors and other services you may require.

Plots sizes vary from 200sqm to 480sqm. The price table below is for all quadrant areas, plot numbers are noted accordingly. To take an order, we require the exact Section / Quadrant Number and Plot(s) number.

Plot Number	Plot Size	Plot Sqm	position	Price BRL	Price GBP	SQM GBP
1 & 2	24 X 20	480	Corner	BRL 24,000.00	£7,185.63	£14.97
2 to 16	10 x 20	200	Middle	BRL 8,600.00	£2,574.85	£12.87
17	24 x 14	336	Corner	BRL 14,500.00	£4,341.32	£12.92
18	24 x 12	288	Middle/ End	BRL 12,430.00	£3,721.56	£12.92
19	24 x 14	336	Corner	BRL 14,500.00	£4,341.32	£12.92
20 to 33	10 x 20	200	Middle	BRL 8,600.00	£2,574.85	£12.87
34 & 35	24 X 20	480	Corner	BRL 24,000.00	£7,185.63	£14.97

Based on Exchange

3.34

Note plots 1 & 2 (and 34 & 35) are two plots being sold as one, totalling 480 sqm The Google Images at the bottom of the site show a view of the land location. The image is a little blurry towards the right and to the sea of the land, but it gives a good idea for the location. Discounts Available on Multiple Purchases
			* Average Price After Discount
1 to 3 Plots	0%	on all plots	£2,575
2 to 3 Plots	10%	on all plots	£2,317
4 to 6 Plots	15%	on all plots	£2,189
7 to 9 Plots	20%	on all plots	£2,060
10 to 20 Plots	25%	on all plots	£1,931
21 to 40 Plots	negotiable	on all plots


* Above discount examples are based on Cheapest Plots - Higher Monetary Discount on Larger Plots

Property Location & Area

Jacumã is area with good city structure and is a great to invest in development land, there is a lot of national and international investments and the Beach city is growing fast.

Jacuma and Caripibus are literally right next to each other and they are 25 minutes from Joao Pessoa airport, 1hr 30 mins from Recife and 3 hrs from Natal

Property Deposits & Payments Terms

A Deposit of £500 is required to secure your land lot (200 sqm) and £1000 for larger plots. Contracts will then be sent to you and should be returned within 21 days. Full payment will be due 7 days after contracts have been signed.

Loans are available up to a level of 50% at the discretion of the seller. There will be a small charge for using this service.

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
Admin / Processing (includes all processing costs) NO CHARGE

Example costs of the 3% and 2% (total 5%) property tax payments on a smaller plot would be around £135

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) = No Charge for Land (only when house built)
Water (per month) = not applicable
Electric (per month) = not applicable
Condo Fee (per year) = It is possible a condo fee will be chargable in the future as owners start to build and communcal services are required. This will be very low.

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.

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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 = 3.54R$. 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.