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Off-Plan Penthouse for Sale in Tallest Building in Northeast Brazil - Joao Pessoa

Apartment in Altiplano, Joao Pessoa, Paraiba

4 Bedrooms
6 Bathrooms

Ref: Joao-Pessoa-Apartment-2016-020


>> Click for ALL Properties in Paraiba State (includes Joao Pessoa & Suburb areas)


Distance Summary   

  • Beach:  5 mins drive
  • Shops:  20 mins drive
  • Nightlife:  20 mins drive
  • Public Transport: 5 mins walk
  • Natal International Airport (NAT):  120 mins drive
  • Recife International Airport (REC): 120 mins drive
  • Joao Pessoa Local Airport (JPA):  120 mins drive

Property Features  

  • Built Area:  1000sqm
  • Plot Size:  n/a
  • Bedrooms:  4
  • Bathroom:  6
  • Year built / to be completed:  2015
  • Car Parking: YES
  • Furnished:  NO
  • Air Conditioning:  YES
  • Swimming Pool:  PRIVATE / COMMUNAL
  • Kitchen Units:  YES
  • Kitchen Appliances: NO
  • View of Sea from Property:  CLOSE BY
  • Gym:  NO
  • Sauna:  COMMUNAL
  • Security on-site:  YES

Finance / Costs  

  • Developer / Sellers Finance Available: YES
  • Condominium / Gated Community Monthly Fee - unknown at this stage
  • Other



PENTHOUSE in Joao Pessoa, Paraiba




Penthouse for Sale in Northeast's tallest Apartment Complex


This is (or will when built) be the tallest apartment complex and icon making it an ultimate residential address in Joao Pessoa, for now itís the ultimate investment opportunity, take a look!

The tallest building in the Northeast of Brazil, Triple use building, commercial, offices and residential, thee entrances, three car parks, three separate condominium associations. Cutting edge design, green and modern building techniques, The developer is Swiss.

This is a special project, take a look at the design, this would sit happily in any capital city in the world and here it is becoming a reality in Joao Pessoa, why, because Joao Pessoa is developing a reputation as one of the best places in Brazil to live and work, so wealthy Brazilians are heading for Joao Pessoa, to breath the clean air, to feel safe walking the clean streets, to feel the sunshine on their smiling faces. Come and experience Joao Pessoa for yourself and you will want to join them.

The residential part of the building is 38 stories tall crowned with a triplex penthouse apartment of over 10,000 ft2, there are several different apartment types ranging from 150 to 350m2, there are standard layouts but investors are invited to sit down with the architects and design their own internal space, so if you want one bedroom and an huge lounge, you can, if you want six bedrooms you can have them. The standard designs will take some beating, image sitting in a large jacuzzi bath inside the master suite in front of floor to ceiling windows with amazing night time views of the city far below.

The communal leisure areas will be second to none and include a 100m swimming pool, gym, lounges, cafe, it goes on and onÖ..


If you like the building but the Penthouse is too large for you - see the below listing in the same building


2 Bedroom Apartments in same building starting at only

£145,455 / $224,719 / Ä177,778 / R$400,000





Apartment Location & Area within Joao Pessoa, Paraiba


Joao Pessoa is a growing city, a great investment destination, a place with plenty of space to expand both physically and price wise.  JP is attracting wealthy re-locators from Brazilís mega cities who come for the climate, security and organization of the city.  As it emerges as a prestigious place to live, the expansion fuels steady sustainable growth in the property market.


Altiplano is the fastest growing area of the city, both city and state governments are investing in the area, the city is expanding itís cultural and science park, building a performing arts center and the state government is building a 9000 capacity conference and events center.

At the point where Altiplano meets Cabo Branco is the pocket, an ultra high end area where developers are trying to build their signature buildings. 



Apartment Deposits & Payments Terms

The standard payment plan is 20% down, 60 months at 1% a month ie. 60% and a balloon payment at handover of the remaining 20%.

The developer is flexible on payment plan but you should be prepared to put down a minimum of 10% deposit on the deal.

The constructor is a strong and well regarded developer and the payment plan is great for investors looking to leverage the cost, the back and payment can be set at up to 40% which works well for the professional investor looking to sell at completion.


You must always be aware of the effect of the inflationary INCC charge that applies to your outstanding balance during construction.



Purchase Costs & Taxes of Apartment in Joao Pessoa

In addition to the listed price for this Real Estate in Joao Pessoa, Brazil, the following costs / fees will apply to your property purchase:

  • Property Transfer Tax (ITBI) - 3% approx (to register the title of the property in your name payable to Town Hall)
  • Registry Office Fee -3% approx (payable to the Notary Office)
  • Brazilian Lawyer (optional but recommended) - 2% of property price to act on your behalf throughout the purchase process.

The Joao Pessoa area has a total of 6 Municipality Areas namely: Bayeux, Cabedelo, Conde, Lucena, Santa Rita and the City of Joao Pessoa



Running Costs of Investment in Joao Pessoa


Monthly Utility and other costs directly associated with this apartment in Joao Pessoa can be obtained upon request.


Below is a list of other costs associated with running your property investment in Joao Pessoa.

  • Council Tax / IPTU Tax - around 1% of the property price per year
  • Water & Electric - Charged on consumption
  • Condominum / Gated Community Fee (if in condo)

When buying a house or apartment in Joao Pessoa, Brazil it is important that you pay the appropriate council rates (usually around 1% of the property value per year) and condominium charges (if applicable), as your home in Brazil is at risk if you do not keep up these payments. 



Investment Rental / Yield   (Rent out your Investment in Joao Pessoa, Brazil)


The Joao Pessoa Estate Agent office have a rental and management department who will manage your property investment in Brazil (if you require a property Management Service in Brazil).  We are happy to provide estimates of rental projections and anticipated yields for your property in Joao Pessoa.  Both Natal and Recife will be Host Cities for the 2014 World Cup, international tourism will recieve a massive boost from this event together with the 2016 Olympic Games in Rio.


* 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 Ä1 = R$2.25, £1 = R$2.75, $1 = R$1.78. To check the latest rate 'spot rate' with Bank of Brazil click here.

Consider using a Money Transfer Agent to Transfer Money To Brazil, offering better Exchange Rates than High Street Banks.

Prices displayed do not include other associated purchase costs such as Government Purchase Tax, Legal Costs, Admin and Furniture (unless stated).