Large development land in Sao Joao do Rio Vermelho for sale - Santa Catarina
£872,727 / $1,348,315 / €1,066,667 / R$2,400,000
Ref: PBSC1022
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General Summary
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10 minutes's walk to beach
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40 minutes' drive to Florianopolis International Airport
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40 minutes' drive to Florianopolis town centre
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Supermarkets, restaurants, bars, pharmacies, medical centres, schools, and all sorts of shops nearby
Property offers
- Property Size: 63,000 sq.mt.
- Mainly flat development land
- With 66 m upon the main road this area of land runs all the way to the dunes (approx. 1,000 m)
- One 206 sq.mt. 3-bedroom house with swimming-pool
- One 700 sq.mt. brick warehouse
- Location upon main road with shops, restaurants, bars and most services nearby
- Good public transport service
- Easy access to northern beaches, Lagoa da Conceição and southern regions of the island
- Neighbourhood is undergoing transition process from rural to urban
Property Location within Florianopolis
Area
The
neighbourhood of São João do Rio Vermelho owes its name to a river that runs
across it whose water has a reddish colouration as a result of the decomposition
of the roots of local vegetation. (Rio
Vermelho = Red River)
São
João do Rio Vermelho is located beside the State Park of Rio Vermelho, a
1.532,35
hectare
environmental preservation unit running between the Moçambique Beach on the
eastern coast of the Santa Catarina Island and the main road. Thanks to its
location within the ecological reserve, this is the only beach on the island
that is, without any doubt, 100% free from all types of pollution.
Rio Vermelho is the only neighbourhood on the island lying at an
average height of 6 m above sea level which turns it into a sort of 'regional
highland'. It features high dunes along the beach (a natural protection against
the effect of sea air) to the east, and the hills to the west shelter it even
further.
The view from the hills is beautiful and no matter where you are
in Rio Vermelho, you will always be able to see both the dunes and the
hills.
The neighbourhood has been developing continuously for the last
8-10 years and it is only recently that luxury condos are starting to crop up
there. It seems developers only just started noticing this very green, natural
plain spreading between Moçambique Beach and the hill chain that runs along the
coast.
The southern part of Rio Vermelho lies upon the northern arm of
Lagoa da Conceição (Conceição Lake) offering a breathtaking scenery with
abundant autochthonous wild flora and fauna which may be spotted while rowing on
the lake or walking the many trails leading up the hills or across the dunes and
the Rio Vermelho to the sea.
São João do Rio Vermelho is a new, fast-growing neighbourhood with a current real estate appreciation rate of 20% per year. There are great investment opportunities in this area as property here is still cheaper than in other areas of the Island of Santa Catarina though equally valuable and rapidly-appreciating.
Florianópolis is the capital city of the Brazilian southern state of Santa Catarina. It is located on a subtropical island featuring over 50 beaches, green seas, historical places, hills and breathtaking views. Florianopolis is a place with out-of-the-ordinary beauty, the island is increasingly sought for as one of the best locations for safe investment in real estate in Brazil. Connected to the mainland by two bridges and just 20 minutes from the local international airport and 30 from the coach terminal, Florianopolis is the capital city with best quality of life in the country, a safe, relaxed place with the highest real estate appreciation rate in the region (proven 20-25% per year).
Build / Property Specification
In Florianópolis, property is usually sold either partially or fully furnished as most properties are resale properties (and not new build / off plan). In the majority of cases, sellers do take furniture with them, although this is negotiable.
Associated Purchase Costs of Property in Florianopolis
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 0.8% (max. of R$
801.00) of the purchase price (payable to the notary)
- Notary fees is approx 1% of the purchase price (max. of R$
805.00)
- Property transfer tax (ITBI) of approx 2% (payable at the city
hall).
- 'FRJ - Fundo para o Reaparelhamento do Judiciário' (Fund for Re-equipment of the Judiciary) tax of 0.3% of property price (max. R$ 400.00)
UK / Brazilian lawyer (optional but
recommended)
-
With regard to lawyer's fees, these can vary depending on the work and level of service you require. A fee of between 0.5% and 3% will be charged depending on work / service.
-
Should the property have any issues with regard to debts or impediments of any sort and the lawyer advises the buyer not to proceed, then 50% of the agreed legal fee is payable.
Property Running
Costs
Monthly Utility and other costs
directly associated with this property are set out
below:
- Council Tax (per year): to be advised
- Utility expenses (paid monthly) shall depend on consumption
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
Selling for profit would mean 20-25% appreciation per
year on purchase
price.
* 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.
