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Off-Plan Beachfront Condominium

Apartment in Joao Pessoa, Paraiba

£83,946* (297,170R$)

4 Bedrooms
4 Bathrooms

Ref: PB212
  • 3 and 4 bed. beachfront apartments (160.5 to 179.5 sq/m)
  • Prices start from R$288,000 (Brazil Reais) for 3 bed apartments
  • Ready in Feb. 2007 - Off Plan
  • Flexible payment options
  • 2 garage parking spaces
  • Development finished to high specification
  • All apartments are beachfront with excellent views
  • Large swimming pool complex
  • Communal Sauna and Jacuzzi
  • Beach volley ball and football games area
  • Tourism forecasted to grow at 80% in 2005 / 2006
  • Joao Pessoa airport goes international in 2005 / 2006
  • Prices increased last year at 15 - 20% average
  • Recife Intl Airport is 120 kms away
  • Natal Intl Airport is 180 kms away

 

Property and Area Overview 

This beachfront offering is being sold off plan and is due to be completed by Feb. 2007.  (probably before).  The project plan is progressing ahead of schedule at this present time due to interest already generated.  The main structure is developing rapidly. All apartments have wonderful sea views, and will be finished to very high standards.

 

This offering is situated just to the north of the beautiful city of Joao Pessoa, and is ideally located in a rapidly developing area just a few minutes drive away from the capital city of Paraiba state. The apartment blocks within this condominium start with 4 levels at the beach side, and rise to 6 levels towards the rear of the development. All apartments have permanent sea views.

 

The location of this development offers calm clear waters, sand islands off shore which prove to be popular sun-bathing and relaxing areas, Jacare beach very near by to witness the wonderful sunsets, and the Marina club for Joao Pessoa is a brief drive away. Also, being situated within a well established location on the outskirts of Joao Pessoa, offering infrastructure without having to visit the capital city itself, and is also very close to the out of town hypermarkets.

 

Joao Pessoa is the 2nd greenest city in the world, the city is famous for its beaches. Although flights arrive into Joao Pessoa airport from all over Brazil the airport does not go international until 2005.  The nearest international airport is Recife, but Natal is also a good option, being 1.5 hours and 2 hours away respectively. When Joao Pessoa airport does go international we are expecting to see property prices increase considerably. This airport is currently open to internal flights and is approx 20 minutes drive from this offering.

 

Condominium service charges are expected to be approx. R$350 per month, and purchase tax is payable at the rate of 5% of the total price on completion.

 

The constructor has been in business for many years, has several completed projects within this region, works to high standards, and has several projects in construction at present.

 

We have been given the exclusive right for marketing this constructors offerings from the UK.

Location

Just north of Joao Pessoa, and close to the main route that connects the capital of Paraiba state to Natal, Recife, Campina Grande, and various other cities of the North East of Brazil.

Specification 

The property is not being sold with furniture, but includes fittings of a very luxurious standard.

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 between 2% and 7% of the property notarised value.  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.

* 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.