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Luxury Off plan development in Ponta Negra, Natal

Apartment in Ponta Negra, Natal, Rio Grande do Norte

2 Bedrooms
2 Bathrooms

Ref: PBRN501



General Summary

  • 2 Mins Walk to beach
  • 10mins Drive to International Airport
  • Surrounded by excellent Local Beach Restaurants
  • Natal City Centre approx 10 Mins drive

The Development / Communal Building Offers:

-          2 Tower

-          248 Apartaments

-          2 Basements

-          Ground floor with double height ceiling

-          Parking lot

-          31 storeys

-          Mini Shopping complex

LEISURE ARE WITH COMPLETE STRUCTURE

-          Adult and children swimming pool

-          Deck

-          Bar in the swimming pool

-          Relaxing and Fitness areas

-          Sauna and shower

-          Food court

-          Luxury Off plan development locate


The Property Offers: 

  • Property Size 55sqm
  • 2Bedrooms 1 en suite
  • Living Room
  • Dining Room
  • Balcony with ocean view
  • Kitchen

Property Overview 

Situated in Ponta Negra, the most famous beach in Natal, 14 km from the city centre, Riviera Residence comprises a unique scenery. The view is privileged to the main postcard of the city.: Morro do Careca. Besides its beautiful sight, Ponta Negra beach offers other attractions. It gathers good restaurants, with varied cuisine and great flow of tourists, bars and entertainment with the most diverse musical styles. Now you can enjoy the pleasure of living in a genuine tropical place.



Property Location & Area

Ponta Negra beach is, undoubtedly, the prettiest, liveliest and most touristy beach in the state. There one can find the best hotels, pousadas and restaurants in town. Completely redeveloped, Ponta Negra shines on its own, day and night. Here everything is a pleasure, be it in lovely walks along the sea front where one can appreciate the local handicrafts, or in the many bars, restaurants and discotheques. A meeting place for diverse urban tribes, surfers, bathers, fishermen and tourists get together on the beach below the Morro do Careca. Symbol of Ponta Negra, the Morro do Careca (Bald Man´s Hill) is a sand dune about 120 meters high, circled by vegetation.

 


Build / Property Specification

 

SERVICES:

The services that once was reserved to the guests of a hotel now at your home.

Riviera Residence Service is a condominium to live or invest, with services for those who look for convenience, practicality and flexibility. The know-how of its administration company, Administradora Hotelaria Brasil, offers their investors a differentiated management, with productiveness and low operational costs.

The best about this enterprise is that plays a supportive role to the owners who live in other cities. Now you can live wonderfully well and enjoy the benefits that, you had only seen in hotels.

·         Reception and concierge(a professional responsible to assist the guests) 24hs;

·         Security guards and CCTV( Closed Circuit of Television) 24 hours;

·         Cleansing and preventive maintenance of common areas;

·         Chambermaid Service (including  bed making, vacuuming and dusting, bathroom cleaning and sanitizing);

Advantages for being happy and still make good deals:

·         Excellent relation cost-benefit relation in the condominium maintenance fee;

·         Valorization of the realty (the area with biggest valorization in town)

·         Guarantee of maintenance in the quality of the facilities and services;

·         Easy to rent, whether for short or long stay;

·         Support for the owners who live in other cities or even foreign location

·         Guarantee of condominium management by Hotelaria Brazil, company known for its good services and hospitality, which has highly trained professionals who are in position of leadership within the greatest national and international hotel companies.

   




Property Deposits & Payments Terms

The payment plan is:

  • Reservation Fee:1000 GBP (Sterling)
  • Contract Signature: 20%
  • After 3 months of Signing Contract: 30%
  • Roofing: 30%
  • Keys: 20% (Ready 20xx)



    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
    • Admin / Processing (includes all processing costs) £500

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



    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) approx 1% of property price
    • Electric (per month) = BRL 65,00
    • Condo Fee (per year) = BRL 4800
      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

    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.

    We deal with local contacts who know the markets well and can help you manage your properties generally.

  • * 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.