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Hot Property Alert Brazil - Heavily Discounted Beach Front Villa - Wealways bring you the best of the local market and inside information - ByChicagoan ExPat
We have a property in Morro Branco available, 1 hr of a slow drive
outside of Fortaleza, front beach on the sand with 1000m² of land (approx. 12,000sq ft) and 40mts width facing the beach, 242m² total house const area or 2780sq ft., separate caretakers quarters which currently live in on the property 24hrs, large pool, watch tower, barbecue grill house with a bar which was priced at R$485,000. The owner has sent us an email message today of a misfortune that has happened to him, his office commercial building where he earns over Euro250,000 annually was burned down by a criminal and the insurance will not pay for the damages. So, not only does he have to pay to fix it out of pocket but also is losing 6-9 months of rent. He is in a distressed situation. He has lowered the price to an incredible R$395,000 (obviously cash only) which currently (always check your Forex rates) translates into U $D175, 000 with all the closing costs. He is also including the furniture into the deal except the domestic appliances and few small electronics and of course, personal items. This is a minimum 20% off of the market value price. This is not only a special deal but a very special beach front villa as you could see at this link: http://realestate.escapeartist.com/P-2011718/ The man works in a hotel/resort business and has asked us if the new owner would consider his loyal rental clients (he has been renting the property for 4 years to friends family and others) with 3 couples already trying to confirm 2009 rentals for a total of approx. U$D15, 000. |
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