Apartment with High Renting Potential in Copacabana, Rua Barata Ribeiro

Details

Apartment Barata Ribeiro: 1 bedroom, high renting potential, completely furnished and renovated, very good location

For sale is a 1 bedroom apartment, located at the Rua Barata Ribeiro 803, with high Airbnb-suitability.

The apartment was completely renovated by an architect, with bathroom, kitchen, living room and separate bedroom with unobstructed views.
The apartment is very well lit, with planned joinery and fully equipped with first-rate appliances (including cooktop, dishwasher, microwave, washer and dryer, etc.).
Accommodating up to 6 guests (2 sofa beds + 4 in two bunk beds in the room).
Excellent location: 450 m from Copacabana beach, 50 m from the subway and 650 m from Lagoa Rodrigo de Freitas.
Average monthly rental 2000 R$ (height of the pandemic)
Condominium Fee : 586 R$ per month
IPTU: 90.90 R$ x 10

Equipment

– Electronic lock with wi-fi and remote opening via app;
– New joinery;
– 2 split air conditioners;
– 2 LCD TVs;
– 2 bunk beds;
– 1 sofa bed;
– 2 bedside tables;
– refrigerator;
– microwave;
– cocktop;
– built-in oven;
– Washing machine and dryer;
– bedding;
– sandwich maker;
– coffee machine;
– blender;
– water filter;
– Towels;
– household items;

We ccompany clients during the sales process and provide encompassing consulting services.

Our long-standing partners at Campedelli Advogados (São Paulo) also provide legal assistance (documentation, funds transfer, investor´s visa)

General Observations:

1. This property is only for sale, not for rental of any kind.
2. It is recommended that prospective 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. It is however expected 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.
3. 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 %.