Pre launch development located in the wealthiest area in Natal.
£71,750 / $110,850 / €87,695 / R$197,313
Ref: PBRN596
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General
Summary
- Only 5 minutes drive to the beach
- 15 mins Drive to International Airport
- Walking distance to a high variety of leisure
options
- Less than 10 minutes walk to the city
town
The Development / Communal Building Offers:
- Cable TV
- Communal Swimming Pool
- Communal Party Room
- Fitness Center
- Games Room
- Covered Parking Space
- Lounge
- Relax Room
- Barbecue Area
- Gated Community
- Security 24/7
- Completion scheduled - January 2013
- Property Size range from 55sqm to 99sqm
- 2 or 3 Bedrooms
- Toilet and sink in porcelain, walls covered in ceramic tiles, shower and sink with chrome taps
- Living Room
- Kitchen equipped with granite top, chrome taps and walls covered in ceramic tiles
- Veranda
- Dining room
Property
Overview -
Off plan building placed in the best area for
capital appreciation, rental return or even second home. Surrounded by fancy
restaurants, bars, pubs, night clubs, elegant stores and the smoothest life
style in town this 26 floors building has everything to be considered the best
and safe investment opportunity around at present.
With
facilities including a lounge, swimming pools (adult and child), barbecue area,
sauna, pool bar and relax room this development oozes comfort, convenience and
well being.
Apartments sizes range from 55sqm to 99sqm - 2 or 3 bedrooms and high quality finishing is a given from a build company which is reliable and solid - one that has been recently awarded at the London’s Earls Court Property Exhibition as “Best developer – The Americas" for its customer care and service and business transparency which drops the risk of this investment to near zero. Last launched development of this company was 100% sold in less than 2 months, reservations have3 already started to be made. Contact us for additional information.
Property
Location & Area
The building is very well
positioned, only 5 minutes walk to the city town and 5 minutes drive to
Petropolis district: the wealthiest area in town. There you are in the middle of
the commercial center and surrounded by fancy stores, restaurants, luxury bars
and the smoothest life style in the city. On the one hand you are very
close to the city town and on the other, just a few minutes walk you
are at the beach.
Its actually one of the best
locations in the city and also only a few minutes walk from the most
expensive area per sqm in the whole State. The price of a unit in this building
is really reasonable for what the structure of the development and the location
offers.
Rental Return: To keep the apartment constantly rented won’t be a problem as this is a busy part of town and preferred location by the majority of citizens. Counting on this, builder is offering a 6% per annum rental return guarantee for the first 4 years: An investment that definitely will be worthwhile.
Property Deposits & Payments Terms
- Contract Signature: 25%
- 8 equal installment shared along
construction until completion: 65%
- Key Handover: 10%
In addition to the listed price for the investment, the following costs will apply to your purchase:
- Stamp Duty Purchase Tax (or Registration tax) is around 3% of the purchase price (payable to the notary)
- Property Transfer Tax (ITBI) of approx 2% (payable at the City Hall).
- UK / Brazilian Lawyer (optional but recommended) £800+ Vat
- Admin / Processing (includes all processing costs) NO CHARGE
Property Running Costs
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.
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.
* 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.