Triplex in Pipa. Sea view. Excellent price!

Brand new development, Pipa resort has an excellent infrastructure and facilities on site. The whole development was designed to take full advantage of the natural environment. The amenities include:  water park, hotel services, wet bar, relax and gourmet,  spacious fitness center besides a beautiful environment with diversified fauna and flora species that turn this place into a magical and unforgettable experience.

The unit is completely furnished including electrical appliances. Triplex apartment with 108sqm where you find:

·         First floor: spacious veranda, kitchen, living and dining room, bathroom

·         Second floor: 2 bedrooms en suite;

·         A big roof terrace with solarium and amazing sea view

·          

The price is unbelievably cheap. Search everywhere and  you will not  find a property this type cheaper than this unit,at  only R$ 200.000.  Pipa is one of the most expensive areas per square meter in the northeast due to its high tourist flow. Pipa attracts the elite of brazil and is famous for its huge parties as “ Reveillon” when the daily tariff rises 200% and has 100% occupation rate (feel free to search another source to be sure this information corresponds with  reality). Several events during the cfourse of the year guarantee high occupancy -  in this great beach - such as the gastronomic international festival, Carnival, shows of famous singers,  and in the holiday all year long Pipa enjoys high occupancy rates and if the traveler does not  book the hotel in advance they probably won’t find a place to stay.

For all the reasons  mentioned  Pipa makes  for an excellent place to invest and considering the property price – (we only have 1 left for sale) it’s an extraordinary opportunity.

Property Location & Area

Great location. Only 5 minutes walk to the beach and 7 minutes to the village town.

 

  

 

Just 80km from Natal. Nature aside, one of the features of Pipa is the sheer quantity and quality of designer boutiques, stylish restaurants and trendy bars that line the main street of this quaint and laid-back village – the aptly named Dolphin Avenue. Outside of the major cities, there is simply nowhere else in Brazil’s north-east boasting such great infrastructure. Pipa has always attracted the top end of the market and is now doing so in vastly increasing numbers. The wealthy élite from Brazil’s southern states mingle with chilled-out locals and well-to-do Europeans who blend together seamlessly in Pipa, fondly nicknamed "The Global Village".

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 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) £500

For more information about the 'Admin Charge' see the below section 'Property Commisions'



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 65,00
• Condo Fee (per year) = BRL 6.000

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.

We deal with local contacts who know the markets well and can help you manage your properties generally.

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* 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.