NEWLY BUILT - 2 Bedroom Apartments in Joao Pessoa

All apartments are either east or south facing, which is the best position for natural ventilation intake and views.

The above prices are EXCLUSIVE of furniture Packs 1 & 2 (see below for full prices / details) and government purchase tax (5% of the property price).

Condominium Service Charges

The condominium service charge is estimated to be around R$ 200 per month. (based on 4.15 exchange £48.19 per month).  This cost includes use of the communal facilities ie, swimming pool, lift, cleaning throughout the block, security guards on the entrance etc.  This charge will not commence until the property is completed.

Water, gas, and electric, are all metered seperately for each apartment, and in this way, condominium costs will be kept to a minimum.

Council Tax

Council Tax is due to the government once a year.  The amount collected may be as high as 1% of the property price per annum.  The Tax is to be paid around January of each year.   Our agents may negotiate with the state nearer the time to reduce the valuation on your behalf. 

Completion of the Property

The expected completion time for the building is  June 2007.  It will take Property Bond approx 1 month to install the kitchens and furniture (should you opt for the furniture packages)

Rental Contracts

Whilst rental is not guaranteed, we can help you register with local agents to manage your property.  This will include the full services required including cleaning services.

To help you actually rent your property, Our agents are in the process of talking with European travel companies about block renting apartments from us.  Should this be agreed and finalised, we will offer to our customers who have purchased.

Fixtures and Fittings

Brazilian developers normally sell properties as a shell without basics like; Kitchen units, Wardrobes, light fittings, toilet seats, shower glasses etc.  PBI  appreciate that some buyers may not wish to add these extras themselves.  As such we can install / fit these on your behalf, upon completion.  (this is an optional service as you may choose to install yourself). 

Should you wish PBI to install these packs for you, the we would require notification 2 months before completion (ie 1^st April 2007) and payment 1 month before completion.  (ie 1^st May 2007)

Option 1 - Furniture Pack (Basic Contents)

Fitted Price - BRL15,000 (Based on 4.15 = £3,614.45)

Kitchen: 1 x Cooker / standard hob, 1 x set of MDF Kitchen Units below a Granite Sink work surface, 1 x set of MDF wall units above sink,   1 x Ceil Light fitting, Switches and Electrical sockets on all points,.

2 x Bathrooms: 2 x Glass Shower Screens, 2 x MDF Cupboards under sinks, 2 x Toilet Seats, 2 x Toilet Roll Holders, 2 x Soap Dish in Shower, 2 x Towel Rail, 2 x Warm Water Shower Head.

Living Room / Dining Room: 1 x Air Conditioning Unit, 2 x Light Fittings and Electrical Sockets.

Bedroom 1:  1 x Wardrobe, 1 Air Conditioning Unit, Light Fittings, Switches and Electrical Sockets on all points.

Bedroom 2: 1 x Wardrobe,  Light Fittings, Switches and Electrical Sockets on all points

Option 2 - Furniture Pack (Rental / Living Pack)

BRL8,500 (Based on 4.15 =  - £2,048.19)

Kitchen: 1 x Refrigerator (Standard Size), 1 x Washing Machine – Top Loader, 1 x Electric Kettle, 1 Mineral Water Dispenser, 1 x Sixteen Piece Crockery Set (4 plates, 4 small plates, 4 cups and saucers), 1 x Sixteen Piece Cutlery Set, 12 Glasses (4 wine, 4 tumblers, 4 Hi-ball), 1 Kitchen Utensil Set, 5 Piece Cooking Set, Small Rubbish Bin, 1x Brush and Mop Set, 1 x Plastic Bucket, Blinds for Windows.

Bathroom x 2 :  2 x Shower Mats, 4 x Beakers, 4 Towels, Window Blinds, 2 x toothbrushes!!!

Living Room / Dining Room: 1 x Small 2 Seater Sofa, 1 x Chair, 1 x Coffee Table, 4 Dining Chairs and 1 x Table, 1 x 14inch Television, 1 x Television Stand, 1 x small Rug, Blinds for Windows.

Bedroom 1: 1 x Standard Double Bed with Foam Mattress, 2 x Bedside Cabinets, 2 x Pillows, 4 x Pillow Cases, 4 x Double Sheets, 1 x Picture, 1 x Towel Set,  Window Blinds.

Bedroom 2: 1 x Standard single Bed with Foam Mattress, 1 x Bedside Cabinet, 2 x Pillows, 4 x Pillow Cases, 4 x Double Sheets, 1 x Picture, 1 x Towel Set,  Window Blinds.

If you opt for PB1 & 2 packs, then all you will need to take on holiday with you are your clothes!!   We would advise you do not take too many of these as you can buy them very cheaply anyway.

Please note.. whilst we have increased the furniture figures to cover inflation, these prices are estimates and the actual amount could be slightly higher or lower.  The amount is also open to exchange rate movement.

EXAMPLE of Deposits / Purchase Process

Step 1:  A non refundable deposit of 5000 BRL (£1,204.81 at 4.15 exchange).  This will start the process of drawing up the contracts.   This is a non returnable deposit, so you should be sure that you wish to proceed before paying this deposit.  Contracts will be drawn up within one week and sent to you (or our client lawyer) for signing. 

Step 2: 3 weeks from the date Step 1 deposit was made a further 1/3^rd of the property price should be paid to the developer.  This should be cleared the developers account at this point.

Step 3: One month from the date monies have been paid in Step 2, a further 1/3^rd is due to the developer.  (This totals 2/3rds BRL paid to date)

Step 4: One month after the monies have been paid in Step 3, the final balance is due to the developer. (Just under 1/3^rd due)

Step 5: ONE month prior to completion of the property the government tax will be due. (approx 5% of the contracted value).  The value of the PB 1&2 furniture packs will also be due should you choose to use our furniture packs.

Other payment terms are available by special arrangement, please ask.

Example Total Purchase Costs

To help you summarise the total costs involved with a purchase…

Lets use property 202 as an example on the 2^nd floor…

Apartment 202                           £ 25,346.00

Purchase tax at 5%                    £  1,267.30

Independent Client Lawyer          £     550.00

Total Cost of above                  £27,163.65

If you would also like the FULL rental pack (ie Option 1 & 2), then add a further £3,614 & £2,048 respectively. thus the price for an apartment where you just bring your own toothbrush and clothes is :- £32,825

Nb.. Government tax is payable at the time of completion, at the moment it is 5%.  This could be open to change (higher or low).  The above sterling prices are based on an exchange rate conversion of 4.15 BRL to 1.00 GBP.

It is important to note that you are exposed to exchange rate movement on any amount of monies owed that has not been sent to the developer.  Only at the point the monies are received in the developers account is the exchange rate crystallised.  If you require more information about banking processes, please contact us.