Tropical Beach Residence is only 250 meters walking distance from the beaches and is in a quite residencial area. All apartments facing the front have a beautiful panoramic sea view. A six storey modern architecture building combining 1 and 2 bedrooms. Top floors host penthouses with private sunken Jacuzzis over looking the sand dunes and Atlantic Ocean. Private alfresco dinning can be made easy with the built in BBQ`s.  

Location

25 minutes from Natal International airport close to taxi ranks and main bus routes. Should you require pharmacies, supermarkets, restaurants and bars surround Tropical Beach residence. One of the most popular shopping centres Praia Shopping with cinema, cash points, internet and a whole range of international cuisine restaurants and shops is just a 10 minute walk away. The major hotel chain Holiday Inn has newly opened a hotel in the vicinity due to the large demand for accommodation in this central location.

Amenities

24 hour security enables owners and guests of the residence to be ensured of privacy.

The communal area has a large swimming pool and deck area for relaxing. A gourmet area for dinning around the pool allows owners the choice of outside entertaining. A storage area for beach materials is also available. 

Rentals & Management

Maintenance is 25GBP per month. This includes 24hour security, common area upkeep, and pool cleaning.

Currently apartments are renting for approximately 150 Reis per day or per month 2,000 - 3,000 Reis (high season) 1,500 - 2,000 (low season)

Payment structure

Option A     

• Reservation Fee 1,000Euro
• 30% Preliminary Contract
• 40% July /August 2008 Building Structure Complete
• 30% Completion 31 ^st December 2008

Option B  

• Reservation Fee 1,000Euro
• 50% Initial Payment in 3 instalments
• 50% Over 4 years from receiving keys on 31 ^st December at 18% APR per year.

Additional Costs

To be taken into account when buying are:- Legal Fees and taxes total 7-8%

Opportunity

Close to so many amenities this area has seen significant growth. Investors have the limited opportunity to purchase in a prime location at an excellently low level entry. The location is attractive for both the tourist market and long term rental market. In an area of excellent growth and potential. Properties in the areas have seen an increase of up to 20% in the last year.

• Region: View All "Rio Grande do Norte Apartments"
• Country: View All "Brazil Apartments"
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