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SOLD

Stunning Sea View Apartment in Hotel

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

1 Bedroom
1 Bathroom

Ref: PBRN548



General Summary

  • 2 Mins Walk to beach
  • 10 mins Drive to International Airport
  • Surrounded by the best Local Beach Restaurants
  • Natal City Centre approx 10 Mins drive


The Development / Communal Building Offers:

  • Cable TV
  • Communal Swimming Pool
  • Conference Room
  • Restaurant
  • Spa
  • Flat Services
  • Communal Party Room
  • Fitness Center
  • 1 Covered Parking Space 
  • Barbecue Area
  • Communal Area maintained for you
  • Security 24/7


The Property Offers: 

  • Property Size 43sqm
  • 1 Bedrooms
  • 1 Bathroom
  • Living Room
  • Kitchen
  • Terrace with Amazing Sea View



Property Overview - 

Amazing sea view flat located in Ponta Negra beach. The building offer hotel services and rental pool system - guaranteed yield. Facilities as fitness center, restaurant, spa, conference room, swimming pool. Apartment has 1 bedroom, living room, kitchen, bathroom, covered garage and terrace with stunning beach view to the most famous beach in Natal, Ponta Negra. 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.


Build / Property Specification
 

Hotel services: admin by Rededelphia , 24-h staff, internet, cable-TV, room cleaning, room service, laundry

This Hotel has rental pool system. The administration company will be enchaged to rent the flat and issue the revenue to the owner.

Net pool rental in 2007 (all expenses paid with hotel services): R$ 9,909


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
  • Electric (per month) = BRL 50,00
  • Condo Fee (per year) = BRL 4.360


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 (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.