- Stunning rooftop swimming pool
- Apartments and penthouses
- One of the most upmarket areas
- A short walk from the beach
- 24 hour on-site security provided
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"These well designed and maintained resale apartments are just a short stroll from the beautiful, long, stretching beach in one of Brazil's lesser developed coastal resorts. Compared to other Brazilian costal destinations is relatively underdeveloped, resulting in a high demand for rental accomodation."
Why Buy?
Barrasford and Bird Worldwide are delighted to specialise in properties within the stunning Alagoas region of North East Brazil. Not only does Alagoas have some of the most attractive beaches in the whole of Brazil but it has a new International airport and a very strong existing rental market, which ensures maximum resale opportunity when you wish to realise your investment.
Rentals
Whereas areas such as Natal and Forteleza have specialised in low cost, cheaper tourism and properties, Alagoas has the advantage of being the destination of choice for Brazilians, with stunning beaches, a relaxed atmosphere and sympathetic building control. The area is currently underdeveloped compared to many other coastal resort destinations, ensuring that rental demand remains high and accommodation in the area is a sought after commodity.
Facilities
With 24 hour security on site, the complex enjoys a wonderful pool situated on the 9th floor with changing areas. The development is roughly 300m from the beach has 9 floors with 6 apartments per floor, with the exception of the top floor with the two penthouse apartments each benefitting from their own private plunge pool.
How to Buy
The various aspects of purchasing property in Brazil are outlined below. One of our experienced property consultants would be pleased to discuss this in more detail with you and answer any questions that you may have. Please contact us on freephone
0800 1 303 101 or by e-mail.
Foreigners Owning Land/Property – There are no restrictions for foreigners to buy and sell residential or commercial property and the Brazilian authorities encourage foreign investment. There are some limitations or fees applicable for specific areas such as marine land, islands, agriculture land and areas near Brazils International border
Land Registry – Property is registered in Brazil via private notary publics, under justice control. Each property can only be registered at one registry which stores the entire transaction history and physical identification of each property. This information can be viewed by the public and so many Brazilians buy and sell property without the assistance of a lawyer however it is recommended for a foreigner buying Brazilian property to get legal assistance.
Taxes – IVA (VAT) in Brazil is 10% on a new property or 20% on a “luxury” property. You also have notary fees of approximately 2%, property transfer taxes of 4-5%, 1% import tax on funds and 0.6% annual property tax.
Legal Assistance – As ever, we recommend that all people considering purchasing a property overseas get legal advice.
Visas/Passport – Passports should be valid for at least three months after the date of your arrival in Brazil. If it will expire within three months of your departure from Brazil you will need to get a new one before travelling. If your passport states that you are a British citizen you do not need a visa as a tourist whose stay will be less than three months.
Money Transfers – It is imperative when buying property in Brazil that the funds are sent directly from the buyer’s bank to the sellers account in Brazil, this is sent via the Central Bank of Brazil who act as an official receipt of funds into the country. The seller has to present their contract to the bank in order to release the funds. Any developers who do not use this official route should be approached with extreme caution. Bank transfers take approximately 5 days to reach Brazil from a UK account.