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ID: D-80,

Development for sale
Alagoas, Brazil

Prices from: £ 60, 585
Completion date: December 2008

Property Description:

Property Details

Located in the heart of Alagoas, Vera Arruda presents the highest standards of modern living in a vibrant Brazilian city.

With excellent capital appreciation and potential for fantastic rental return, these high quality apartments will not be available for long.

Vera Arruda will be a residential investment complex consisting of 12 floors in total. The Basement and Ground floors will be allocated to secure parking. The remainder of the complex will comprise 3 apartments per floor, apart from the penthouse floor, which offers 2 luxury penthouse apartments.

All apartments within the Vera Arruda development will be built to the highest standards and are available fully finished. Please note apartments come fully finished and unfurnished. For more information please call   0800 321 32 07

Vera Arruda
Vera Arruda is the latest exciting investment opportunity in the Alagoas region. This will be a luxury apartment complex comprising 24 three bedroom apartments, and two penthouse apartments. The basement and ground floors are allocated to secure gated parking. Every apartment will come with 2 parking spaces, except the penthouses, which are allocated with three spaces. All apartments come with 3 bedrooms, where one is en-suite. There will be a living room, dining room and kitchen area, service area, maids room and of course, balcony providing stunning views over the city. Apartments ending in '01' will also benefit from a pantry. All floors will be serviced by 2 lifts. Penthouse apartments will also have three bedrooms, as well as an uncovered area with a swimming pool, finished with decking. For more information, please see the apartment plans page. There will also be mezzanine floor with a bar area.

Maintenance
The maintenance fee for Vera Arruda is set to be R$ 450.00 per month (approx £107). This will cover the maintenance of the complex, cleaning of common areas, CCTV security system and on site staff.

Furnishing

We do believe that the strategy of the perfectly designed interior incorporates professional approach and profound knowledge of the contemporary interior standards.
The appropriate furniture means not only style and comfort, but also a steady investment - it may be a great advantage if you are planning a long or short-term letting of your property - the elegant interior will make it preferable and will help you receive higher rental income and obtain repeat business.

At your convenience, BG Decor http://www.bgdecor.com/ provides exclusive furnishing packages, completed up to the highest standards and approved by all major tour operators for rental purposes.

• Exclusive lettings furnishing packages
• High quality furniture items
• An elegant design line and color solutions
• A wide selection of finishes and accessories available

Other info

BUYING PROPERTY IN BRAZIL
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.

Social Etiquette - Brazilians are mostly very warm and friendly. Shake hands every time you meet or take leave of a Brazilian (even if you have met the person previously the same day). If you are male, remember that Brazil is a Latin country: expect Brazilian men to stand close to you, to hold your hand or arm for extended periods, and to put their arms around your shoulders and hug you. These are normal and socially acceptable signs of friendship. Shake hands with Brazilian women on a first meeting, and expect to be kissed (on the cheek) on subsequent encounters (though this is less likely outside of the major cities and in the North of the country)

TOURISM & REAL ESTATE IN BRAZIL
Tourism in the North-East of Brazil increased by just over 26% between 1995 and 2000, with 2.5million Brazilian and international holiday-makers visiting the area last year. In fact Brazilians make up over 90% of the tourist market. The international tourist market is relatively small compared to other destinations however it is growing fast. It is generally better known among Portuguese, Spanish, Italian and other South American Tourists.

It is only now opening up to the potential of international tourism. The country’s bright tourism future has also been boosted by the influx of major tour operators into Brazil, such as the Marriott & Renaissance chain, French operators Sofitel, Mercure and Ibis, Spain’s Iberostar, and other big names like Club Med, and Breezes SuperClubs. Charter flights have begun to serve several new destinations including Salvador, Fortaleza and Natal. A combination of the sunny climate, extremely low cost of living and high-quality property available, has already attracted not only overseas investors, but a growing communities of European residents.

FLIGHTS TO BRAZIL
Flights to Brazil take approximately 11 hours from UK. Flights to various cities in Brazil can go from London Gatwick, London Heathrow and Manchester with prices from as low as £200.

• BA – direct flights www.britishairways.com  
• Thomson – direct flights www.thomsonfly.com  
• My Travel Airways – direct flights www.travelrepublic.co.uk  
• TAP Portugal – indirect flights www.flytap.com  
• TAM – indirect flights (Brazilian national airline) www.tam.com.br  
• First Choice – indirect flights www.firstchoice.co.uk/flights  
• Lufthansa – indirect flights www.lufthansa.co.uk  
• KLM – indirect flights www.klm.com  
• BMI – Indirect flights www.flybmi.com or www.bmibaby.com  

On-site Facilities

• Secure underground parking
• Onsite Security
• Bar / Venue Facilities
• Reception area
• Solar powered heated water
• Installation for PC access
• 2 Lifts
• Gas, water and electricity connection
• Back up electricity generator
• Restaurants
• Medical centre
• Supermarket
• Fitness centre
• Cycle lane leading to the beach
• Schools
• College
• Shopping centre
• Water sports

Location & Maps

Area info

Located in the heart of Alagoas, Vera Arruda presents the highest standards of modern living in a vibrant Brazilian city. The place were Vera Arruda is situated is only 450m from the Beach.

Alagoas not only have some of the most attractive beaches in the whole 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. 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. Most of the state is planted with coconut trees and sugar cane, offering stunning, rolling green landscapes. The beaches often benefit from coral reefs that create delightful variations in hue cascading through the range of blue, green and turquoise.

The reefs also form natural pools that are popular for snorkelling due to the abundant fauna and flora that can be observed within them. Alagoas has a tropical climate with the temperature ranging from an average of 21°C in June to 28°C in January. The most prominent aspect of the city is the huge swathe of beach and Maceio reflects it's geographical reliance on the ocean within it'd more traditional architecture and the laid back ambience that emanates from its citizens.

Gallery

Prices & Availability

* BG Estates Worldwide reserves the right to actualizes the prices of the particular object.

Building A

Apartment	Bedrooms	Floor	View	Build Area	Total Area	Price in €	Est. Price in £	Status
First floor | Floor Plan : Plan
101	3 - bedroom	1		105 .89 m2	105 .89 m2			Sold
102	3 - bedroom	1		100 .17 m2	100 .17 m2			Sold
103	3 - bedroom	1		101 .06 m2	101 .06 m2			Sold
Second Floor | Floor Plan : Plan
201	3 - bedroom	2		105 .89 m2	105 .89 m2			Sold
202	3 - bedroom	2		100 .17 m2	100 .17 m2			Sold
203	3 - bedroom	2		101 .06 m2	101 .06 m2			Sold
Third Floor | Floor Plan : Plan
301	3 - bedroom	3		105 .89 m2	105 .89 m2			Sold
302	3 - bedroom	3		100 .17 m2	100 .17 m2			Sold
303	3 - bedroom	3		101 .06 m2	101 .06 m2			Sold
Fourth Floor | Floor Plan : Plan
401	3 - bedroom	4		105 .89 m2	105 .89 m2			Sold
402	3 - bedroom	4		100 .17 m2	100 .17 m2			Sold
403	3 - bedroom	4		101 .06 m2	101 .06 m2			Sold
Fifth Floor | Floor Plan : Plan
501	3 - bedroom	5		105 .89 m2	105 .89 m2			Sold
502	3 - bedroom	5		100 .17 m2	100 .17 m2			Sold
503	3 - bedroom	5		101 .06 m2	101 .06 m2			Sold
Sixth Floor | Floor Plan : Plan
601	3 - bedroom	6		105 .89 m2	105 .89 m2			Sold
602	3 - bedroom	6		100 .17 m2	100 .17 m2			Sold
603	3 - bedroom	6		101 .06 m2	101 .06 m2			Sold
Seventh Floor | Floor Plan : Plan
701	3 - bedroom	7		105 .89 m2	105 .89 m2			Sold
702	3 - bedroom	7		100 .17 m2	100 .17 m2			Sold
703	3 - bedroom	7		101 .06 m2	101 .06 m2			Sold
Eight Floor | Floor Plan : Plan
801	3 - bedroom	8		105 .89 m2	105 .89 m2			Sold
802	3 - bedroom	8		100 .17 m2	100 .17 m2			Sold
803	3 - bedroom	8		101 .06 m2	101 .06 m2			Sold
Nine Floor | Floor Plan : Plan
901	3 - bedroom	9		157 .65 m2	157 .65 m2			Sold
902	3 - bedroom	9		100 .17 m2	100 .17 m2			Sold

Payment installments

Floor Plans