Villa in Cumbuco with Amazing sea View
£216,818 / $334,972 / €265,000 / R$596,250
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- 200 meters (approx) 2 mins Walk to the beach
- 30 mins Drive to International Airport
- 500 meters from Local Beach Restaurants
- Fortaleza City Centre approx 25 mins drive
The Property Offers:
Property Overview - Amazing View of Sea from Villa (PBCE724)
This Villa is located on the
highest point of Cumbuco, overlooking the whole bay. The property is finished
using high quality products. The price of this property is believed to
be 20 to 30% below the market value. The outside garden is
exceptionally picturesque and has all the facilities you would require.
The view from the property is magnificant as it is situated on a high point of
the coastline, overlooking cumbuco Bay.
Cumbuco is only 25km (30min by car) from Fortaleza and its international airport Pinto Martins
In Cumbuco, land is very, very limited: Only 4 blocks between the ocean and the environmentally protected sand dunes in the back. The demand for land and houses is many times higher than the actual supply, and prices are continuously increasing.
Cumbuco turns from a small fisher village to a very attractive tourist destination: a) Large investment started, such as the Vila Galé Golf and Hotel Resort, 2km outside the village. See: http://www.vilagale.pt/pages/hoteis/?hotel=26 b) It is the number 1 spot on the planet for kite-surfing, besides Golf the fastest growing sport.
Approx 50% of property owner in Cumbuco are already foreigners. It is foreseen that Cumbuco becomes one of the highest valued beaches at the coast of Brazil, comparable with Buzios near Rio de Janeiro.
Property Deposits & Payments Terms
The payment plan is:
90% final payment (within 30 days)
- Stamp Duty Tax (or Registration tax) is around 2.5% of the purchase price (payable to the notary)
- Property Transfer Tax (ITBI) of 2% (payable at the City Hall).
Monthly Utility and other costs directly associated with this property are set out below: (all are estimated and approximated)
- Caretaker (per month): BRL 465.00. Note: The property does not have an extra caretaker house.
- Electric (per month) = approx. BRL 150.00.
* 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' 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).