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Off-plan Apartments with a Swimming Pool in Joao Pessoa

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Apartment/Flat Description

Description

Excellent early investment opportunity to buy into Riacho Verde apartments in the Cabo Branco beach district of Joao Pessoa due for completion in 2011.
Features

* Riacho Verde - 2 Bed Apartments in Construction
* Prices start at R$258,300 for a 1st floor unit
* Cabo Branco beach
* Prime location
* 15-20% annual price increase during build phase
* High rental occupancy rates
* 30% of development already sold
* Due for completion - December 2011

Overview

The Riacho Verde building is located in a prime position in the Cabo Branco beach district of Joao Pessoa.

The development is fully approved by the Council in Joao Pessoa, construction has started, is being delivered by a recognised developer in this city, and is due for completion as early as December 2011.

There will be two buildings located on the same site within this project delivering 2 Bed 60 sq/m apartments throughout incorporating 10 penthouse units in total.

Cheaper prices start on the 1st floor rising as you move up to the 4th floor with duplex Penthouse units being the most expensive occupying the 5th and 6th floors with twice the sq/m space.

All units will have 1 underground private parking space assigned to each apartment.

It is projected that prices will increase 15-20% per annum during the building phase.

Communal facilities delivered with this project include a swimming pool, building reception, social lounge with bar, and gourmet area.

Once the units are ready and furnished, Brazil Overseas Property, who are based in Cabo Branco, can easily rent these units on your behalf delivering high occupancy rates throughout the year.

Bulk purchase discounts do apply for portfolio investors.

In summary, if you are looking for a solid hassle free investment in Brazil, we recommend you consider this investment opportunity seriously.

This development is highly recommended by Brazil Overseas Property in Joao Pessoa, so please contact us +55 83 3247 6918 for more information.

Location

Cabo Branco, Joao Pessoa, Paraiba

40 metres from the beachfront and centrally located for all your needs for holidays or living in Brazil.

120 minute drive to Natal International airport
20 minute drive to Joao Pessoa airport
90 minute drive to Recife International airport (Guararapes)

Specification

The apartments are due for completion in December 2011 and are being built by an established Brazilian developer in Joao Pessoa city.

The apartments are delivered unfurnished but do include granite sink surrounds in the kitchen and bathrooms, electrical points/light switches to all rooms, tiled floors throughout and to walls in the bathrooms and the kitchen.

The specification of the materials used for the build is above average.

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Approximate price of this 2-Bed Off-plan apartments
BRL258,300 BRL | 
€97,667 EUR | 
£78,563 GBP | 
US$123,637 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 854716 
Town Joao Pessoa 
Region Joao Pessoa 
Province Paraiba 
Country Brazil  
Type Off-plan apartments
Bedrooms
Build Size 60 
Category Off plan 
Listed over 1 year ago
Want to know more about property investment?   Find out more >>

Property Characteristics

  • Pool:  Yes
  • Views:  Sea
  • Parking:  Yes
  • Distance to Beach:  40
  • Distance to Shops:  100
  • Facilities:  Communal swimming pool Communal party room Communal gym

Map of Joao Pessoa, Paraiba, Brazil


Real Estate Agent Listing this Property

Agent Brazil Overseas Property
Listing Since 30 April 2009
Property Listings View all properties from this agent
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Price: BRL258,300
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Price of Property in Joao Pessoa, Brazil

Property Type Min Price Max Price Median Price
(All prices in EUR) Joao Pessoa Brazil Joao Pessoa Brazil Joao Pessoa Brazil
Apartment/Flat 258,300 43,000 258,300 3,650,000 45,000 350,000
House/Villa 103,921 12,495 2,250,000 5,500,000 99,000 450,000
Land/Ruins 13,840 11,760 88,250 100,000,000 5,999 4,760,000
Other 25,000 12,500 56,879 268,000 - 141,570
Penthouse 650,000 530,000 650,000 2,350,000 - 3,200,000
Bungalow 299,000 299,000 299,000 299,000 - 712,620
New Development 22,000 6,000 22,000 70,000 - 19,300

* Calculations based on 18 properties for sale in Joao Pessoa and 195 properties for sale in Brazil




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