High Potential Landplot in Itacáre, Bahia with 482 ha for Residential and Commercial Development

Details

Fazenda Itacaré: large land area for residential and commercial development, 482 ha total area, suited for ecological projects and eco-tourism

General Information and Characteristics.

1.Topography and Size:

For sale is a larger landplot, called the “Fazenda Pontal”, in Itacaré (Brazilian state of Bahia). The land consists of available spaces for project implementation, as well as legal reserves (mainly forests, so called Areas of Environmental Protection). The total usable area is approximately 106 ha (1.066.047 m²), sub-divided into several distinct landplots (with respective matriculas). It has a very diverse vegetation and a high biodiversity.

2.  Location:

The city of Itacaré is located on the south coast of Bahia, on a stretch of coast known such as Cocoa Coast. With a length of 190 km, the coast is made up of the municipalities of Itacaré, Canavieiras, Ilhéus, Itabuna, Una and Uruçuca. The land is located in the city of Itacaré – BA, on Pontal beach and has the Rio das Contas as a border between the place and the center of the municipality. Furthermore, it is located between the cities
Maraú – BA (north) and Sambaituba-BA (south). It can be accessed by the BR 030 (via BR 367). The region in general is highly developed, with several hotels, commercial and residential parks and good infrastructure access.

3.Economic Potential and Project:

The exists a project (planning stage) for different structures and amenities:

Charming Hotel or Inn
Branded residences managed by the hotel
Small center with shops and all types of services
Leisure areas for guests, owners and daily visitors
Beach clubs on the riverfront and sea

Principal tenets and guidelines for the project implementation:

Sustainable ecological project with low environmental impact
Medium scale and density design
Integrated project, with services and attractions for guests, owners and visitors of a
day
Development in phases that allows for gradual occupation of the land
Multi-property business model as a way to maximize PSV
Strong social bias, to help settle the population in the region, improve conditions
of life and improvement of Itacaré as a tourist destination

All documentation ok and in order.

A kmz-file is available and can be sent on request. Further material and documents:

• a detailed 204 pages presentation detailing the economic potential and locational benefits
• an Economic study and market projection with return calculation
• Masterplan
• General Observations:
  1. This property is exclusively for sale, not for rental or lease.
  2. 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.
  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 %.

Fazenda Itacaré