Island Estate with 1 Private Home and 5 bungalows on a 2.200 m² landplot in Morro de São Paulo

€600,000

Details

Island Estate Morro: beautiful composite property, private home and bungalows, 2.200 m² land, 350 m² constructed area, high quality construction, completely furnished

General Description and Characteristics:

For sale is a nature-embedded sitio and a breathtaking location in Gamboa do Morro – called Sitio Oasis. Gamboa is a very famous island in front of Salvador da Bahia.
It consists of a private home, completely surrounded by greenery, a kind of botanical garden with secular plants 250 meters from the beautiful and extensive beach of Gamboa. Originally, the current owner built on a plot of about 3500 m² 6 bungalows all in stone, 2 of which are triple bedrooms. All very spacious with wardrobe, bathroom, minibar, and all with air conditioning. Furthermore with a Fully equipped kitchen, fully equipped laundry, relaxation area with sofas, TV room, toilet, small apartment for caretakers, 1 storage room for all bed linen, and 3 storage rooms for garden materials and equipment, swimming pool and barbecue area.
The property is divided into 2 lots, and it was decided to sell 2200m² with about 350 m² constructed area that includes all the buildings, the 5 bungalows with a total of 12 beds, plus the small apartment for the caretaker.
The property is being sold fully furnished and equipped. It is a high quality, Tasteful furniture, most of the furniture is Brazilian antiques, linen and strictly Italian fabrics, the floor of the rooms is very beautiful and peculiar, called hydraulico tiles, handmade in the Bahian hinterland, precisely in Cachoeira, based on a project that was originally developed by the current owners. All the rooms are all different, in terms of design and color. It is possible to construct 4 additional bungalow.
The property is very well suited for private use as a holiday home, or for commercial use as a guesthouse (which by the way is currently being used as such whenever the owners are abroad).

The price is negotiable and counter-proposals will be studied. Further details will be sent on request.

Additional Information about Morro de São Paulo and Surroundings:

Touristic and General Info: https://www.morrodesaopaulo.org.br/

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

General Observations:

This island property is exclusively for sale, not for rental of any kind.
It is reasonable and also recommended that interested buyers perform 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.
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 %.

Island Estate Morro