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Pre-construction / Off Plan Apartments in Cabo Branco, Joao Pessoa, Brazil

Apartment in Cabo Branco, Joao Pessoa, Paraiba

2 Bedrooms
1 Bathroom

Ref: Joao-Pessoa-Apartment-2016-003
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Property Features  (Preconstruction Offer)

  • Type: Apartment
    Price: From R$180,000
    Dirstrict: Cabo Branco
    Bedrooms: 1 & 2
    Bathrooms: 1 & 2
    Plot size m2:
    Built area m2: 33 - 75
    car parking: 1
    Year built / to be completed: Pre-construction
  • Furnished: No
    Veranda: Some
    Orientation: Various
    Air conditioned: Ready for split
    Staff quarters: No
    Bar-B-Que: No
    Private swimming pool: No
    Hydro-bath: No
    Kitchen appliances: No
    Developer finance available: Yes

Communal Facilities

  • Communal swimming pool: Rooftop pools
    Gym: Yes
    Sauna: Yes
    Gourmet area: Yes
    Games room: Yes
    Party room: Yes
    Laundry room: No
    Kids area: Yes
    Security: Yes

Other Features

  • Area: Beach
    Rent to national market: Yes
    Rent to International market: Yes
    Rent long term: Yes
    Rent short term: Yes
    Close to shops: Yes
    Close to beach: Yes
    Close to nightlife: Yes
    Paved road: Yes
    Close to public transport: Yes

 

Apartment in Joao Pessoa, Paraiba

We are very excited to bring this long awaited new launch, these opportunities sell out fast so please act quickly to get the best units and level one prices.


The building is a long thin block spanning from the beach and boardwalk right back to the protected forest that marks the limit of Cabo Branco. It’s low rise in accordance with the strict building regulations here.


The developer is one of the areas oldest and most respected builders, who deliver good quality product, on time and are solid and well funded.

 

The project is divided in two blocks, block A is closest to the beach and has four residential floors, block B has 5 residential floors. The raised ground floor mostly communal leisure areas.


The building has two swimming pools one located on the roof top of each block. On the ground floor of block A the facilities include; party room, games room, laundry room, reception, lounge and administrative areas. Between the two blocks is a small garden area with water feature and park landscaping.


Each unit has at least one private, secure parking space located on the underground level or ground floor.

 

DEVELOPER FINANCE AVAILABLE



Apartment Location & Area within Joao Pessoa, Paraiba

 

Amazing location bang on the beach at Cabo Branco, Joao Pessoa’s premier residential district and where everyone goes to be seen! Cabo Branco is the No.1 for several reasons, its got a fabulous wide sandy beach, its close to all the best restaurants and bars, its easy to get in and out with good roads and public transport and mornings and evenings its the epicenter of local life, each morning between 5-8am the beachfront road is closed to traffic and the boardwalk and road becomes a hub for walkers, joggers, cyclist and roller bladders, its beach bars serve fresh fruit, you can join in or just observe, but for sure, Cabo Branco is the place to be.

 

Apartment Deposits & Payments Terms

 

The developer is offing interest free finance during the build period, INCC, a small inflationary adjustment is applied monthly.



Payment plan examples;

Plan A.
20%?deposit, 30 monthly payments of 2% and 20% on handover.
Plan B.
20% deposit, 20% in 9 months, 20% 18 months, 20% 24 months, 20% 30 months.
Plan C.
33.3%?deposit, 33.3% in 15 months, 33.3%?at handover.
Plans A,B & C, qualify for the 5% discount.

Plan D.
Deposit 20%, 60 monthly payments of 1% and 20% at handover.
Plan E.
Deposit 10%, 60 monthly payments of 1.5%


 

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)

 

These units are an excellent investment, for pure investors and also those looking for a holiday home for family and friends. I personally feel that the smaller units are better for yield but it depends on your personal investment strategy and if you will want to use the property yourself.

Capital growth is steady and sustainable in Joao Pessoa, the city is growing for all the right reasons and at a pace that is set to continue for many years. Beachfront property is always in demand, these units are well located and relatively small which makes them affordable and easy to rent and re-sell.

Long-term rents are increasing in the city due to high demand; short-term rentals are also flying due to more tourism and lack of decent hotel accommodation. The rental yield estimate  comes out at over 8 1/2% as an approximate guide.

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.

 
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* 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' 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).