Real Estate For Sale: Land-Plot in Itaparica Bahia Brazil

Landplot with 3800 m2 in Itaparica

Details
Land Parcel Itaparica: 3800 m2 total area, consisting of 4 lots, well developed, excellent location, suitable for residence or pousada
General
For sale is a landplot with a total size of approx. 3800 m2
It is subdivided into 4 smaller lots:
2 Lotes: Dimensions approx. 25 x 110 m
2 Lotes: Dimensions approx. 16 x 68 m
Access to the landplot:
Access is currently only possible via a neighboring property or from the lake side (as seen in the video).
Electricity/water:
Electricity connection, water (available at short notice after registration with Embasa & Coelba), potable groundwater is easy to extract on the property.
Installation of septic tanks possible.
Specific suitability:
For once, it can be used to erect a larger private residence or pousada.
Parceling into smaller units is possible and increases subsequent sales revenue. The planning process takes around 6-10 months from planning via an architect to approval/execution by the local building authority.
Investors should take into account the potential of the planned Salvador/Itaparica bridge construction with the consequences for the island of Itaparica.
There have been significant infrastructure improvements on Itaparica in the last 2-3 years. The prices are rising.
This also includes the new asphalt road from Berlinque to Catu, which has already been largely completed.
Since the somewhat remote town of Catu is characterized by its idyllic landscape and is now also characterized by improved infrastructure, a small hotel complex or something similar is also an option.
A future boat connection from Caixa Pregos to Morro den Sao Paulo, the famous holiday island in Bahia, is also planned. Caixa Pregos is only 3-4 km from Catu
The entire region around Caixa Pregos and Catu offers a lot of exploitable tourism potential. The river landscape there with its branches, magroves and partially preserved Mata Atlantica is popularly known as the “little Pantanal”.
Boat moorings possible.
Documentation can be sent on request and inspections scheduled at any time. Up to date information (economics, climate, new developments) about the region can be found in the News section: news-brazil/
We accompany clients during the entire sales process and provide encompassing consulting services.
General Observations:
This landplot is exclusively for sale, not for rental or similar.
It is advised that interested buyers conduct a visit of the property with a subsequent diligence in order to make an informed decision on whether to proceed with the purchase. We politely expect that the prospective client has the necessary financial means to purchase. It is important to note that Brazilian banks or in general financial institutions do not give, under any circumstances, loans or mortgages to foreigners. Also, it is very rare that European or American banks concede loans or mortgages for purchasing real estate in Brazil. It is thus indispensable to have the proper capital in order to effectuate a purchase.
The buyer/investor does not pay any kind of commission to the realtor in Brazil – the commission is strictly the responsability of the seller. However, the buyer is responsible for paying the notary costs as well as the ITBI (Imposto de Transmissão de Bens Imóveis – the property transfer tax) which ranges, depending on the state, between 2 – 3 %.
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