Luxury Apartments - Elevated View of Sea
£95,808* (320,000R$)
Ref: PB307
- 2 or 3 bedroom apartments
- Apartments range from 98 sqm to 330 sqm.
- Penthouses with private terrace
- Apartments have the option to have jacuzzi on the veranda
- Fitness Center, Games Room, Hammock Area
- Business center, Auditorium and cinema
- Night Club
- 2 private garages and visitor parking
- Pay per use maid service
- Salvador International Airport is only 35 mins drive away (approx 25km)
- Occupational rate of 90% per year
- Tourism growth 25% per year
Property and Area Overview PB 307 (Terazzo Ondina)
This is a wonderful opportunity for those who want to live and invest in Brazil. This is a luxurious 2 or 3 bedroom apartment with an option to have a private swimming pool in the veranda or even a worderful penthouse. It is located in the most beautiful scenery in Salvador the famous Barra Ondina area which is a very touristical area. which is considered an exclusive area by locals. The building facilities include swimming pool, fitness center, auditorium, cinema, night club, toy library, game room night club Hammock area and business center. It was built by former directors of one of the largest quality constructors in Latin America.
Near the apartment beach is close to the southest point of Salvador, next to the Barra Lighthouse. The water is warm, inviting and good for bathing. The beach is decorated by rocks and coconut palms. The beach of Ondina is a good place for fishery, camping and seashore walking. It has everything that is important to attract tourists and local visitors who usually go in groups to enjoy all the beauty and well-being its attractiveness can offer.
Close to the beaches there is a wealth of coconut palm plantation and a side walk good for walks and bicycle rides. There are lot of restaurants, beach bars that offer delightful food to visitors. Many bars serve seafood and beverages.
The Hotel and surrounding areas offer all types of amenities to live and to spend vacations such as.
It is very well located in Ondina in a walking distance of amenities like drugstores, travel agencies, exchange, schools, supermarkets, restaurants, bars, shopping centers, cinema, museums, and shops.
In order to have a better picture of Brazil and Salvador more specifically, it is important to have in mind that Brazil is not only known worldwide for its soccer games, beaches, music, and folk festivals, but also for the amalgamation of unrivaled natural beauties linked to the kindness and warmth of the Brazilian population. Furthermore, Bahia offers one of the most comprehensive hotel infrastructures (Accor, Othon, Holiday Inn, Ibero Star and others) that equally balances state-of-the-art services and unlimited hospitality.
Salvador da Bahia offers one of the most distinctive experiences in Brazil. The third largest city in the country, one of Brazil's oldest (1549) and its first capital (till 1764), Salvador offers an abundance of things to do and see. From its African-influenced food, music, religion, art, and pace, to its numerous historical treasures including the oldest and richest Cathedral in Brazil which is gold plated. There are beaches in the city and far more splendid beaches ones just outside, to the noble north coast along the Coconut Road and across the bay such as Morro de São Paulo. In addition, it is a great place to begin an exploration of Bahia's interior, including the old sugar-growing towns of the Recôncavo, and the spectacular Chapada Diamantina region, whose mountains, caves, and waterfalls are perfect for exploration.
Because Brazil is a country of continental proportions, it allies throughout its five geographic regions the most diverse cultural and environmental aspects which will transform your trip into a unique and unforgettable experience.
The Northeast is not only internationally famous for the countries’ most beautiful beaches, but also for its typical and powerful cultural legacy, which finds its expression in the worldwide famed fine arts and typical cuisine
In addition to being the largest state of the Northeastern region, Bahia stands out because it embodies the most complete travel destination countrywide. Beaches, mountain ranges, lowlands and rivers mingle with the most extraordinary cultural landmarks ranging from popular events such as Carnival and Sao Joao (the celebration in Brazil for Saint John) to the delicious acarajes (Afro-Bahian delicacy of kidney bean paste fried in palm oil) and beijus (thin, crisp, rolled manioc flour pancakes), which are carefully prepared by the typical "Baianas" dressed in white.
Above everything else, when arriving in Bahia be it for a long stay or just for a couple of days one is simply "contaged" not only by the natural beauties but by the "joie de vivre" and the kindness of people living there, who themselves find huge pleasure in their environment.
The sway of capoeira, (A Brazilian form of combat adapted by African slaves to fight oppression, which is dance-like.), the smell and taste of appetizing dishes, the religious syncretism, the cultural and artistic fusion ... These are all small samples of the enormous joy of life of the inhabitants who know - perhaps because they are constantly surrounded by nature’s beauties - the broadest meaning of the word "life."
Salvador is undoubtedly one of the most beautiful cities in the world. Due to its very beauty and to a series of unique features, it has become a primary destination for international tourism. Famous for its history, for the legacy left by people from other continents, for the religious syncretism and for its hospitable people, the capital of the state of Bahia has staged and has been the object of several studies, conducted by professionals from different fields. It also draws visitors from everywhere, who arrive in the city seduced by the best kind of advertisement that is the one which people who have been here tell to there peers.
Besides the cultural, historical, and tourism appeal Salvador offers many business opportunities. Before talking about investments it is necessary to observe some very important factors regarding to the new enterpreneur who are not only looking for maximizing results, but also trying to assure the economic – financial sustainability for their investments and surely the long- life for the enterprise.
The GDP of Bahia is one of these important factors to be analysed. In the years 2003/2004, the State growth index was 12,8%, twice as high as the Brazilian average. Moreover, in this same period of time, the State of Bahia reached the 6th position in the country’s economy, which represents 5% of the National GDP and consequently it is the biggest economy of the Northeast of Brazil, being responsible for 40% of the Income of the whole region.
Salvador vicinity is well know as an industrial area and has 250 companies such as HP, Xerox, Toshiba, Ford Motor Company, Pirelli Tyres, Ford Motor Cars (largest plant in the world), Continental Tyres, Bridgestone Tyres, Firestone Tyres, Petrobras (largest Brazil Oil Producer), Braskem, Magneti Marelli, Dow Quimical, Saargummi, Valeo, Monsanto, Dupont, ALL, Avon, AMBEV, Bosch and many others.
Furthermore, the excellent geographic position of Bahia must be considered, which presents 1,200km of athlantic cost, important ports with international links and great attendance of ships, which can be favourable for exportations and purchasing of necessary products for the entrepreneur.
Location
Salvador, 25 min. from the International Airport. This development is located on the beach front.
Specification
The property is being sold without basic furniture. An optional furniture package is available upon request.
Associated Costs
All quoted prices are inclusive of CPF tax numbers (an individual tax registration number required to buy a property), agent commission and contract drafting. The price does NOT include government purchase tax (appox. 5% of the purchase price) or legal assistance. (see below - legal Assistance Section).
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
The below figures are estimates supplied by our local contacts. Salvador has around 80% of hotel occupation rate year average. during high season like canival, new year the rate goes to 100% and some people regret for not have booked teir hotelss in advance because it is impossible to get a place in a hotel if it is not booked in advance.
* 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 = 3.34R$. 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.