Apartment for Sale in João Pessoa, State of Paraíba, Brazil USD 348,998
João Pessoa, State of Paraíba, Brazil-
1
$348,998
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Property Information
- Date added: Added 2 hours ago
- Residential: Apartment
- Buy l Rent: Sale
- Availability: Under Construction
- Bedrooms: 1
- Bathrooms: 1
- Total Rooms: 2
- Floors: 32
- Floor Level: 18
- Terrace, m²: 12 m²
- Garden, m²: 0 m²
- Patio, m²: -1 m²
- Living Area, m²: 56 m²
- Total Area: 68 m²
- Lot Size, m²: 30000 m²
- Year Built: Under Construction
- Listing Managed by: Agent/ Agency
Description
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Description:
Nest Invest Global have partnered with Setai Grupo GP to present this incredible Pininfarina branded residence in the stunning Joao Pessao region of Brazil. Until now, access to these projects have been exclusive for the Brazilian market. As the Luxury sector in Brazil moves from strength to strength, our data suggests, these assets are a must for investors holding properties overseas. There is a shift in appetite, that see’s the European savvy investor overwhelmingly move into these markets.
This project is aesthetically superior, abundant in facilities. Rub shoulders with the rich and famous, while your investment grows in value, and your returns beat any other luxury sector
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Location
Amenities & Features
- Features:
- Amenities:
Building Details
- Cooling features: Air Conditioning
- Heating features: Heat Pump
- Parking spaces: 1
- Energy Efficiency Class: A
- Building Details: Pininfarina designed Towers
- Floor covering: Stone, Wood
- Exterior material: Cement/concrete, Metal
- Roof: Cement/concrete
- Type of Parking: Off-street
Video
- Video:
Neighborhood
- Neighborhood Description: This project in itself is a community of rich and famous, however Joao Pessao, is a region in Brazil, that is set apart from other regions, with lower crime rates, and a higher average wealth demographic.
- Nearby School: Mutiple international schools
- Public Transport: Yes
- Shopping: Abundant
- Business District: yes
- Historical Growth %: Stable growth of 12% per year averaged over the previous 5 years
Expenses
- Annual Expenses USD: $1,080
- Monthly Expenses USD: 1000 – 1250
- Property Insurance USD: included
Taxes
- Annual Taxes: Income tax depends on your legal residential status, for a foreign company a 10-15% tax should be factored, and there are double taxations treaties established with other countries. We can provide legal and tax advice through our on the ground lawyers
Investor Information
- Cap Rate %: 10
- Gross Rental Yield %: 12
- Cash-on-Cash Return %: 18
- Occupancy Rate %: 75
- Summary: This is a market currently under looked, and is moving from emerging market status, to a secure market scaffolded by a economy that is moving from strength to strength. Reach out and we can send you a detailed investors report