About this property:

This property has a very good location since it is just at the famous village square of Taiba. One has a wonderful sea view from the restaurant on the second floor and a nice view over the village square. It is packed full during weekends and events (e.g. Carnival). Furthermore there is a house containing 5 bedrooms in the back, which can be used for living or renting out. In total there are 7 bathrooms. This property is completely furnished, which includes pizza oven, 12 tables, 30 chairs, bar equipment, coffee machine, 2 fridges, 4 beds, sofa. The whole restaurant and house has a constructed area of 420m² on a plot land size of 200m².

Please do consider that the owner is keen to sell fast thus the low price. Comparable businesses are double the price!

Property Location & Area:

It is an excellently located house and restaurant business in the famous village square of Taiba. Taiba is a very charming former fishing village with a good infrastructure, shops and restaurants. It is located at a beautiful beach which seems to continue endlessly to the north and south. The idyllic village is popular with kite-surfers and has a wonderful, relaxing ambience. Taiba is only 60km from Fortaleza.

Read more about Taiba.

Build / Property Specification:
The property is being sold fully furnished. The value of the furniture is estimated over R$ 40'000.

Property Deposits & Payments Terms:
It would be possible to pay 30% down and finance the rest directly with the seller.

Associated Purchase Costs:

In addition to the listed price for the investment, the following costs will apply to your purchase.

• Stamp Duty Tax (or Registration tax) is around 2.5% of the purchase price (payable to the notary) 
• Property Transfer Tax (ITBI) of approx 2% (payable at the City Hall).
• Brazilian Lawyer (optional): R$ 1'000 to R$ 1'500   

Why to invest in Taiba:

• Taiba is a mixture between cliffs and stoneless beaches and hosts the postcard and marketing spot of the state of Ceará. Together with Cumbuco, Taiba is considered one of the most beautiful beaches of Brazil.
• Compared to other beach villages in the state of Ceará, Taiba has still very low property prices, which, however, are rising fast.
• Taiba is very in fashion, not only by tourists, but also by high-class weekend tourists from Fortaleza.

Read more about Why to invest in Brazil.