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Investment Property » For Sale » Brazil » Rio Grande Do Norte » Tabatinga » Dolphin Bay    

Dolphin Bay


Location

Brazil
Rio Grande do Norte
Tabatinga
NATAL

Available units

  

2 BEDROOM APARTMENT
80m2 - 80m2 from £39,500 to £45,700

  

PENTHOUSE
170m2 - 170m2 from £66,000 to £66,000

Delivery date: MARCH 2008
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Property ID: 400827






     
 

 Description

Key selling points

  • 30 Mins From Airport
  • 30 Meters From Sea
  • 24 Hour Security
  • Fantastic Rental Potential
  • 25-30% Capital Appreciation

 The Residence

54 Spacious Ocean View 2 bedroom 2 bathroom residences, located opposite one of the most unique beautiful Dolphin Bays in Brazil. 

Ground and first floor apartments are 80m2 with 10sqm terraces suitable for short term rentals or perfect as second holiday home ideal for retires. 170sqm duplex penthouses provide owners and guests with panoramic sea views as well as private sunken Jacuzzis and inbuilt BBQ`s.

Each residence has been designed to provide maximum comfort and offer total relaxation, luxury and tranquillity.

High quality finishes attract high end rentals and end users for the resale market.

Location

Only a 30 meters walk to the sea and a few minutes walk to the Barra de Tabatinga beach alternatively drive to a choice of freshwater lagoons.

Dolphin Bay has excellent access to Natal International airport, located just 30 minutes drive from the site. With regular buses into Natal and only 30 minutes by car to Pipa you can have the most diverse of holidays.

With the worlds largest cashew nut tree, carnivals, dolphin watching and other water activities in the area Tabatinga is a popular all year round tourist attraction.

Amenities

Laundry area, Bar and restaurant on site. Separate children's pool as well as 3 additional swimming pools and 3 separate BBQ areas will give all the options.

One of the best fish restaurants in Natal only 10 steps from development and within easy reach of local amenities such as shopping, bars and reasonable priced restaurants.

Rentals & Management

Due to the prime position owners can expect High capital appreciation and good rentals from their vacation residences.

Maintenance is 57GBP per month for ground and first floor apartments and 72GBP for penthouses. This includes 24hour security, common area upkeep, and pool cleaning.

There is a rental and property management in the area that charge between 15-20% commissions of the monies taken. They can also arrange for payments of bills should you require.

Not only will European tourists be happy with the location and standard of the development but the Brazilian national tourists (mainly from Rio & Sao Paulo) visit natal year after year and are specifically looking for higher standards of accommodation in this area.

  • Low season  £150 a week
  • Mid Season  £300 a week
  • High Season £400 a week                                                                     

Additional Costs

To be taken into account when buying are:- Legal Fees:- Approx 1,000GBP, Notary 2%,Transfer Tax:- 3.5% Registration Fee 0.75%

Opportunity

Investors have the limited opportunity to purchase these free hold apartments at the most attractive prices on this part of the coast with the added benefit that the development is already complete and ready to rent should you wish. Properties in the areas have seen an increase of up to 25% in the last year.

 
     
     
 

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