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Water Front Restaurant for sale

Commercial Property in Tabatinga Beach, Natal, Rio Grande do Norte

£163,636 / $252,809 / €200,000 / R$450,000

3 Bathrooms
382.94sqm plot with an existing restaurant in the beautiful Tabatinga Beach

Ref: PBRN577



General Summary

  • Water Front Restaurant
  • 25 min Drive to International Airport
  • Area with Great touristic infrastructure
  • Natal City Centre approx 15 Mins drive



The Property Offers: 

  • Property Size 382.94sqm
  • Existing Restaurant
  • Full equiped Kitchen 
  • Tables, Chairs and furniture made by high quality wood 



Property Overview - 

Water Front plot located in the beautiful Tabatinga Beach. 382,94 sqm total size with an existing restaurant included within the  price. Only 15 minutes from Natal and 25 minutes from International Airport Tabatinga is a very famous beach, during the high season most of the hotels enjoy  full occupancy and a restaurant can be a very profitable business at this stage.

Property Location & Area

Tabatinga Beach:

25 min from Natal, Tabatinga beach is a good alternative for whoever wants to discover beauties unheard of in other places. You can stay in a friendly, sunbathed area, between the waters of the river and the sea, or even go camping, enjoying the untouched nature that you will find there. Come and see this impressive and tranquil scenery up close and discover why Tabatinga is considered one of the most beautiful beaches around.




Property Deposits & Payments Terms


The payment plan is:

  • Reservation Fee: 1000 GBP (Sterling)
  • Contract Signature: 30%
  • Title Deed signature : 70%



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) BRL ( upon request)
  • Electric (per month) = BR( upon request) 

 


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.