Landplot with 3800 m² in prime location in Itaparica

Details

Landplot Itaparica: 3800 m², bucolic location, isolated and still well accessible, with electricity, unpaved road access

General Description:

The landplot here on offer is located near the small village of Catu on Itaparica Island, quite opposite to Salvador de Bahia. The small town of Catú is located about 4 km north of Caixa Pregos.

The location is characterized on the one hand by its isolation and natural embeddedness and on the other hand by its attractive proximity to Salvador de Bahia with its historic old town, which is a world cultural heritage site. A 12.4 km long bridge connection between Salvador and Itaparica is being planned and bound to up-value the island considerably.

The total size is approx. 3800 m².

Composition of the land (which can be compared to the layout plan attached to this exposé):

2 Lotes: Dimensions approx. 25 x 110 m (large rectangle)
2 Lotes: Dimensions approx. 16 x 68 m (small rectangle)
Building permit available (Alvará, issued in 2020)
Electricity connection, water (available at short notice after registering with Embasa & Coelba)
Unpaved road at the rear property boundary.
A new asphalt road (under construction) leads to the town of Catu.

Mangroves in the front part protect against erosion.

Additional Features:

Because of the landmass extension towards the sea, the depth of the property is greater than the dimensions of the Lotes recorded officially in the Escritura (public deed).
The basis for the size information for the individual lots in the Escritura is the distribution plan (floor plan) of the lot. The original floor plan can be viewed at the Itaparica land registry office.

Additional Information about Itaparica and Surroundings:

Itaparica Island can be found in the All Saints Bay in the Salvador Metropolitan Region, soon to be connected by a monumental bridge, one of the largest in Latin America.

The island is split into two municipalities (municípios): the principal capital of the same name, Itaparica, with around 23,000 inhabitants and an area of 117 km², and Vera Cruz, which is much larger in terms of area, with 300 km² and around 42,000 inhabitants.

The island’s population is indicated as 58,292 according to the 2010 census and as of 1 July 2014 is estimated at a total of 64,579 inhabitants. Itaparica is a tourism hub in Bahia, considered one of the most beautiful places in Brazil and with high development potential due to the future construction of the Salvador-Itaparica bridge.

Official and Municipal Information: https://itaparica.ba.gov.br/

• Additional information about the region: https://cidades.ibge.gov.br/brasil/ba/vera-cruz/panorama

General Observations and Considerations:

1. This property is just for sale, not for rental of any kind.
2. It is strongly 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. 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 %.

Landplot Itaparica