Property Details
3 bed Houses for sale in Pipa Beach
Price: £108,070
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Description:
Bedrooms: 1,3
Pipa is the most up market beach on the Natal coastline and benefits from more than 30 international restaurants and the resort has become the No 1 beach area for “up market” foreign and domestic tourists. Blue Nature is just a short distance to Pipa Centre where all restaurants and nightlife is located.
Investing in real estate in Brazil is as safe and easy as in any modern country like the USA or Europe. There are no restrictions for foreigners buying property and ownership is solid and secure. You own 100 % of land and property and as such ownership is freehold.
Blue Nature Resort & Spa will be operated as luxury hotel. All 31 properties go into the hotel rental pool. Owners can use their property up to a maximum of 90 days per year. The rest of the year, the property will be rented out. The owners receive 50% of the net rental value charged by the hotel. Total rental income for all properties is divided by the numbers of owners in proportion to the area owned (m2), as are the yearly costs as well. The payments of rental income to owners are made twice a year.
The management company will reserve a fund of 5% of the amount due to the owner which will be used for furniture, redecoration, material replacement and painting of the property. This will ensure that the property is always in top condition.
5% rental return (gross) is guaranteed for the first two years after completion. Local existing projects are working on a yearly average occupation ratio of 70%. Blue Nature Resort & Spa has been designed to appeal to operators dealing with a demanding clientele, and it is likely that the project will reach very high occupation ratios and very attractive rental returns after a few years. Rental rates will also increase in Natal as the area attracts more affluent tourists every year who come to Pipa to enjoy the peace and magnificent nature. Natal is one of the fastest growing tropical holiday destinations in the world and will become one of the leading tourist destinations in the world. The area has a wide market appeal and is already attracting tourists from Spain, Portugal, Italy, France, Holland, Sweden, Norway, Denmark, Finland, Germany, USA, Japan, Switzerland, England (Thomson started January 2006), Argentina & recently Eastern European countries and also, last but not least, the large domestic tourism market of 180 million consumers. The rental market is almost all year round and with the massive investments in resorts and golf courses on the coastline of Natal (2 mega golf resorts are being planned within 5-10 minutes of Pipa), the quality of the tourism offer will greatly improve, and as a consequence the rental market (along with increased rental prices) will grow rapidly. The opening of the new airport in June 2010 with estimated 5 million tourists arrivals per year, gives us further confidence in the potential for high future rental incomes.
When the client transfers the funds into Brazil, they are registered at the Central Bankof Brazil. We have to present the contract to the bank in order to release the funds. This guarantees that the Brazilian Government has recorded your investment into the country.
Construction has just started and completion will be in September 2008. The show house will be ready by end of October 2007.
These figures can vary slightly depending on the location.
You can expect to pay approx. 7,5% in purchasing expenses as follows (for Natal):
Fill in the property reservation form; the reservation fee is 3000€ per property reserved. contact Our Client for full details.
For a foreign investor to own real estate in Brazil the only requirement is that they have a CPF number. The number can be obtained within a couple of days and is a legal requirement, as it enables the investor to be uniquely identified for taxation and title purposes. The lawyer will assist you in obtaining this and the whole process can be done witho
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