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STUNNING APARTMENT IN NATAL'S BEST LOCATION!!

Apartment in Ponta Negra - Natal, Natal, Rio Grande do Norte

£87,571* (310,000R$)

3 Bedrooms
3 Bathrooms

Ref: PBRN535



General Summary

  • 3 Mins Walk to beach
  • 15 mins Drive to International Airport
  • Surounded by Famous Local Beach Restaurants
  • Natal City Centre approx 10 Mins drive


The Development / Communal Building Offers:

  • Cable TV
  • 3 Communal Swimming Pool
  • 1 Communal Party Room
  • Sauna
  • Sports Square
  • 2 Dressing Rooms on the Leisure Area
  • 2 Parking Space
  • Barbecue Area
  • Communal Area maintained for you
  • Security 24/7


The Property Offers: 

  • Property Size 98sqm
  • 3 Bedrooms (one with its own suite) 
  • 3 Bathrooms
  • 1 Living Room
  • 1 Dining Room
  • Terrace with a Panoramic Sea View  
  • 1 Kitchen
  • 1 Service Area

 



Property Overview -

Corais do Atlāntico is a very well located and structured condominium. It offers several facilities and was build to take full advantage of the nature aside considering typical low matter from the region. The apartment has 98sqm, 3 Bedrooms (1 with its own suite), Bathroom, a complete living area for the maid with bathroom, Terrace with a stunning sea view to Ponta Negra beach. The condominium offers 3 swimming pool, Wet Bar, Sauna, Sports Square, Party Room, Barbecue. Very reasonable price. Excellent rental and sales potential!!


Property Location & Area

Ponta Negra beach is, undoubtedly, the prettiest, liveliest and most touristy beach in the state. There one can find the best hotels, pousadas and restaurants in town. Completely redeveloped, Ponta Negra shines on its own, day and night. Here everything is a pleasure, be it in lovely walks along the sea front where one can appreciate the local handicrafts, or in the many bars, restaurants and discotheques. A meeting place for diverse urban tribes, surfers, bathers, fishermen and tourists get together on the beach below the Morro do Careca. Symbol of Ponta Negra, the Morro do Careca (Bald Man“s Hill) is a sand dune about 120 meters high, circled by vegetation.



Property Deposits & Payments Terms

Payment Structure

 

£1000 Reservation Deposit
10% payment upon Contract Signing (less the Reservation Deposit)

90% upon completion / keys handover (time period negoatiable but usually 1-2 months after signing the contract)


Associated Purchase Costs

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

Monthly Utility and other costs directly associated with this property are set out below:  (all are estimated and approximated)

  • Council Tax (per year) approx 1% of property price
  • Water (per month) included on condominium
  • Electric (per month) = aprox BRL 60,00
  • Condo Fee (per year) =        BRL 7.320,00


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.

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. 


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 (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.