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SOLD

Wonderful Hotel Resort near Praia do Forte

Commercial Property, Hotel in Salvador, Salvador, Bahia

144 Bedrooms
160 Bathrooms
144 rooms by the beach

Ref: PB348
  • Beautiful Eco Resort with 126.000 sqm
  • Front Beach and River
  • Eco Tourism inside the resort with adventure ways, horse riding, Canoe, rafting etc.
  • 50 km from Salvador International Airport
  • 5 min. from Praia do Forte (you can see it from the Beach)
  • Resort ready needs some refurbishing and garden etc.
  • 144 big Bedrooms
  • Very big Restaurant, Bar Areas
  • Covered Playcenter for Children
  • Theatre and Cinema for 300 people
  • Many Stores for rental
  • Tennis courts

 

Price reduced from 35m BRL to 19.5m BRL due to land reduction to 126,000sqm

 

 

Property and Area Overview  (Ref: PB348 Wonderful Resort near Praia do Forte)

 

Between the river and the ocean and just 5 km from Praia do Forte, this wonderful  resort is known for its beautiful location, and spacious facilities. Its land has 126.000 sqm with plenty green area surrounding with peace and tranquility.

 

The Resort is beachfront and is integrated with the atlantic forest by the river. The resort offers activities like rafting, canoeing, treking all in harmony with nature. It offers the opportunity to rest or to have exciting activities.

 

All the 144 apartments are very spacious and with ocean view equiped with air conditioner,  TV, fridge, veranda with hamock where you can see the beautiful sunrise in the ocean.

 

There is a big swimming pool with an island and a wet bar and hut. Besides the restaurant for 300 people and an auditorium / theatre for 326 people and two extra rooms for convention for 300 people and another for 50 people.


Salvador da Bahia offers one of the most distinctive experiences in Brazil. The third largest city in the country, one of Brazil's oldest (1549) and its first capital (till 1764), Salvador offers an abundance of things to do and see. From its African-influenced food, music, religion, art, and pace, to its numerous historical treasures including the oldest and richest  Cathedral in Brazil which is gold plated. There are beaches in the city and far more splendid beaches ones just outside, to the noble north coast along the Coconut Road and across the bay such as Morro de São Paulo.

Praia do Forte is situated in Salvador Metropolitan area, where the Upper class within the state of Bahia either choose to have their holiday homes, or their permanent homes. Unrestricted ocean views to the front of this property provide a beautiful postcard picture of the Atlantic ocean. The hotel is built holding an excellent standard, has plenty of natural light, and a welcoming natural cooling breeze from the ocean.

This offering is situated on a beach which has calm, warm, clear waters, which provide the new owner with the opportunity of using their boat or jet-skis. And here you can walk hundreds of metres into the ocean, where you find crystal clear warm waters, or you can just relax & sunbathe on the island taking in the stunning views, whilst drinking your pineapple cased cocktails. From the islands you can also witness beautiful sunrise over the coast line, which can also be seen at the local beaches, where thousands of locals & tourists gather throughout the year, to watch the sunrise at this famous point, which has lots of wonderful restaurants, bars and shops. Moonlight trips to the nearby islands are also proving to be a popular pastime. More than 250 Eco tourism trips are available in Praia do forte like Whales and Bird watching, Canoe trips, horseback expeditions,etc.

 

 

Location

Salvador, 40 min. from the International Airport. This development is located on the beach front.

Specification
 
The property is being sold with basic furniture.  

Associated Costs

All quoted prices are inclusive of CPF tax numbers (an individual tax registration number required to buy a property), agent commission and contract drafting. The price does NOT include government purchase tax (appox. 5% of the purchase price) or legal assistance. (see below - legal Assistance Section).

When buying a property it is important that you pay the appropriate council rates (usually around 1% of the property value per year)  your home / investment is at risk if you do not keep up these payments. 

Rental / Yield Potential

Salvador has hotel occupation rate of about 70% per year (average). In some seasons it goes up to 100 % specially during carnival and summer.

* 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.