Villa in Condominium in Altiplano, Joao Pessoa, Brazil
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Beach: 5 mins drive
Shops: 15 mins drive
Nightlife: 10 mins drive
Public Transport: 1 mins walk
Natal International Airport (NAT): 120 mins drive
Recife International Airport (REC): 120 mins drive
Joao Pessoa Local Airport (JPA): 30 mins drive
- Built Area: 360sqm
- Plot Size: 810sqm
- Bedrooms: 3
- Bathroom: 5
- Year built / to be completed: 2002
- Car Parking: YES
- Furnished: NO
- Air Conditioning: NO
- Swimming Pool: COMMUNAL
- Kitchen Units: YES
- Kitchen Appliances: NO
- View of Sea from Property: NO
- Gym: NO
- Sauna: NO
- Security on-site: YES
Finance / Costs
- Condominium / Gated Community Monthly Fee - ask for info
House in Joao Pessoa, Paraiba Details
It's a 2-floor, 360m≤ house built in a 810m≤ area. The ground floor has a main room for three ambients, kitchen with built-in cupboards and pantry, service area, maid's quarters, bedroom, home office, social bathroom, varanda, leisure area with a barbeque, garden with an external shower, bicycle supports, storage room and 4 parking spaces. The first floor has 02 ensuite bedrooms with varanda and also a room fitted for home cinema.
This is an environment-friendly house with solar panels and water tank, and there's also a project for building a pool and a space where an elevator could be installed.
House Location & Area within Joao Pessoa,
Joao Pessoa is a growing city, a great investment destination, a place with plenty of space to expand both physically and price wise. Joao Pessoa is attracting wealthy re-locators from Brazilís mega cities who come for the climate, security and organization of the city. As it emerges as a prestigious place to live, the expansion fuels steady sustainable growth in the property market.
Altiplano is the fastest growing area of the city, both city and state governments are investing in the area, the city is expanding itís cultural and science park, building a performing arts center and the state government is building a 9000 capacity conference and events center.
At the point where Altiplano meets Cabo Branco is the pocket, an ultra high end area where developers are trying to build their signature buildings.
House Deposits & Payments
Terms and conditions of payment for Real Estate in Joao Pessoa, Paraiba vary, so be prepared to pay a property deposit, usually 10% to 20% required to secure the property investment. We would advise that a Brazilian Lawyer is introduced to the transaction at an early stage as its important to know the documents are all in order before paying the property deposit. We can recommend various Brazilian Lawyers if required.
The final property payment will be required within 30 days maximum of the deposit payment. Should you wish to extend the payments terms then it may be possible to negotiate with the seller / owner a stage payment plan.
Purchase Costs & Taxes of Apartment in Joao
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 house 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)
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.
* 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 Ä1 = 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).