Sugar Cane Farm with 213 ha in Minas Gerais, with industrial partner

Details

Sugar Cane Farm Brazil: 213 ha, 80 % usage, suitable for sugar cane plantation, nearby industry as interested product purchaser

General Facts and Description:

On offer is a highly productive Farm property (fazenda) in the municipality of Limeira do Oeste, in the Brazilian state of Minas Gerais. The total size is 213 ha (corresponding to 44 alqueires mineiros) and 80 % of the land are currently planted. There is an expansion potential of 10 %. It is also suitable for cattle and agricultural (dual use). The nearby “Usina Vale do Pontal”, a sugar refinery, declared its interest in purchasing the products from the farm (5 years contract).

All documentation ok. Very well located, about 12 km from Lima and 25 km from Usina Coruripe.

Additional Information about Limeira do Oeste:

Limeira do Oeste is a small town and a center of agricultural production. It is about 840 km from Belo Horizonte. It is located on the tip of the Triângulo Mineiro, in the central plateau of Brazil.

• Official and Municipal Information: https://limeiradooeste.mg.gov.br/

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 %.