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Resort Land at a Paradisiacal beach

Development Land in Imbassahy, Salvador, Bahia

£17,964,072* (60,000,000R$)


Ref: PB293
  • Development land for a resort
  • 945 ha land area
  • 1,6 km beach front
  • 30 minutes drive from Praia do Forte through coconut road.
  • Surrounded by coconut palms.
  • Tourism Growth 25% per year
  • Hotel occupation rate in Salvador 60% year average


Property and Area Overview  (Ref: PB293 Resort  Land at a paradisiacal beach near Salvador Brazil)

This superb development Land is a great business opportunity for investors in  the noble area of the north coast. It has 945ha and is located in the North of Salvador with 1,6 km beach front which makes it  the perfect land for investing in this paradise on earth.

This land is located 80 minutes drive from Salvador International Airport and 30 minutes drive from Praia do Forte  and 15 minutes drive from Sauipe. This region is a place that is known for enviromental protection where man and nature live in perfect harmony. Praia do Forte and Sauipe have very nice restaurants and shops that have  unique rustic decoration with wood, clay, and straw. Specially in Praia do Forte, people can find enviromental projects to protect sea turtles, whales, and dolphins. This land is designed for entrepreneurs that know the perfect time to buy, to build and to sell.

Salvador da Bahia offers one of the most distinctive experiences in Brazil. The third largest city in the country, one of Brazil's oldest (1549) and its first capital (till 1764), Salvador offers an abundance of things to do and see. From its African-influenced food, music, religion, art, and pace, to its numerous historical treasures including the oldest and richest  Cathedral in Brazil which is gold plated. There are beaches in the city and far more splendid beaches ones just outside, to the noble north coast along the Coconut Road and across the bay such as Morro de São Paulo. In addition, it  is a great place to begin an exploration of Bahia's interior, including the old sugar-growing towns of the Recôncavo, and the spectacular Chapada Diamantina region, whose mountains, caves, and waterfalls are perfect for exploration.

 

In order to have a better picture of  Brazil and Salvador more specifically, it is important to have in mind that Brazil is not only known worldwide for its soccer games, beaches, music, and folk festivals, but also for the amalgamation of unrivaled natural beauties linked to the kindness and warmth of the Brazilian population. Furthermore, Bahia offers one of the most comprehensive hotel infrastructures (Accor, Othon, Holiday Inn, Ibero Star and others) that equally balances state-of-the-art services and unlimited hospitality.

 

Because Brazil is a country of continental proportions, it allies throughout its five geographic regions the most diverse cultural and environmental aspects which will transform your trip into a unique and unforgettable experience.

 

The Northeast is not only internationally famous for the countries’ most beautiful beaches, but also for its typical and powerful cultural legacy, which finds its expression in the worldwide famed fine arts and typical cuisine.

In addition to being the largest state of the Northeastern region, Bahia stands out because it embodies the most complete travel destination countrywide. Beaches, mountain ranges, lowlands and rivers mingle with the most extraordinary cultural landmarks ranging from popular events such as Carnival and Sao Joao (the celebration in Brazil for Saint John) to the delicious acarajes (Afro-Bahian delicacy of kidney bean paste fried in palm oil) and beijus (thin, crisp, rolled manioc flour pancakes), which are carefully prepared by the typical "Baianas" dressed in white.

But, above everything else, when arriving in Bahia be it for a long stay or just for a couple of days one is simply "contaged" not only by the natural beauties but by the "joie de vivre" and the kindness of people living there, who themselves find huge pleasure in their environment.

The sway of capoeira, (A Brazilian form of combat adapted by African slaves to fight oppression, which is dance-like.), the smell and taste of appetizing dishes, the religious syncretism, the cultural and artistic fusion ... These are all small samples of the enormous joy of life of the inhabitants who know - perhaps because they are constantly surrounded by nature’s beauties - the broadest meaning of the word "life."

Salvador is undoubtedly one of the most beautiful cities in the world. Due to its very beauty and to a series of unique features, it has become a primary destination for international tourism. Famous for its history, for the legacy left by people from other continents, for the religious syncretism and for its hospitable people, the capital of the state of Bahia has staged and has been the object of several studies, conducted by professionals from different fields. It also draws visitors from everywhere, who arrive in the city seduced by the best kind of advertisement that is the one which people who have been here tell to there peers.

Besides the cultural, historical, and tourism appeal Salvador offers many business opportunities. Before talking about investments it is necessary to observe some very important factors regarding to the new enterpreneur who are not only looking for maximizing results, but also trying to assure the economic – financial sustainability for their investments and surely the long- life for the enterprise.

The GDP of Bahia is one of these important factors to be analysed. In the years 2003/2004, the State growth index was 12,8%, twice as high as the Brazilian average. Moreover, in this same period of time, the State of Bahia reached the 6th position in the country’s economy, which represents 5% of the National GDP and consequently it is the biggest economy of the Northeast of Brazil, being responsible for 40% of the Income of the whole region.

Salvador vicinity is well know as an industrial area and has 250 companies such as HP, Xerox, Toshiba, Ford Motor Company, Pirelli Tyres, Ford Motor Cars (largest plant in the world), Continental Tyres, Bridgestone Tyres, Firestone Tyres, Petrobras (largest Brazil Oil Producer), Braskem, Magneti Marelli, Dow Quimical, Saargummi, Valeo, Monsanto, Dupont, ALL, Avon, AMBEV, Bosch and many others.

Furthermore, the excellent geographic position of Bahia must be considered, which presents 1,200km of athlantic cost, important ports with international links and great attendance of ships, which can be favourable for exportations and purchaising of necessary products for the entrepreneur.

Location

This land is located 80 minutes drive from the Salvador International Airport.

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 (appox. 5% of the purchase price) or legal assistance. Legal Assistance for this investment will be higher than the standard quoted price for a villa / house.

When buying a property it is important that you pay the appropriate council rates (usually around 1% of the property value per year)  your home / investment is at risk if you do not keep up these payments. 

Rental / Yield Potential

Salvador has hotel occupation rate of about 60% per year (average). In some seasons it goes up to 100 % specially during carnival and summer.

* 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 = 3.34R$. 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.