Pousada with 8 Bedrooms and Beach Location in Morro de São Paulo

Details

Pousada Morro: beach located small hotel/pousada with 8 bedrooms and high return on investment

General Description:

The pousada is located in Morro de São Paulo, on the Ilha Tinharé, one of the most coveted regions in southern Bahia. It is right located at the beach and is currently operating with 8 bedrooms. There is ample expansion potential, including two shops. Currently the annual income is 500.000 R$. The pousada has excellent evaluations for example on booking.com.

Additional Information about Morro de São Paulo and Surroundings:

• Official and Municipal Information: https://www.morrodesaopaulo.org.br/

Morro de São Paulo is a district in the Brazilian municipality of Cairu, in Bahia. It has its historical roots in colonial Brazil. Located on Tinharé Island, on the Costa do Dendê, it has the following beaches: Primeira (where the Pousada is located), Segunda, Terceira, Quarta, Quinta, Gamboa, do Pontal and Garapuá.

General Observations:

1. This real estate is only for sale, not for rental or similar.
2. It is highly 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 %.