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For sale: Guest-house just 50 m from beach in Florianopolis

Hotel in Barra da Lagoa , Florianopolis, Santa Catarina

Additional Documents

About Barra da Lagoa.doc

Florianópolis.pps

Florianópolis Presentation 2009 eng.doc

New York Times Florianópolis 2008.doc

Florianópolis - The Guardian 2007.doc

The Guardian 2005 Floripa Article.pdf

£654,545 / $1,011,236 / €800,000 / R$1,800,000


Ref: PBSC1014


General Summary

  • 1 minute's walk to beach
  • 30 minutes' drive to Florianopolis International Airport
  • Distance to Florianópolis city centre: approx. 20 km
  • Local beach restaurants, bars and complete infrastructure close at hand 

 

 

The Property Offers: 

  • Property size: Plot 950 sq.mt. / Built area: 750 sq.mt.
  • 7 apartments
  • 4  en-suite bedrooms
  • 2 two-bedroom houses
  • approx. 55 beds in total
  • Barbecue Area
  • Parking
  • Sea view
  • Neighbourhood with complete infrastructure



Florianopolis Property
Overview - PBSC1014

Pousada 32 is a pleasant guest-house less than 50 m from the sea in exotic Barra da Lagoa, Florianopolis. Built of brick, stone and wood, the two-storey building has lots of character.

 

This property comprises:

 

Bedrooms with en-suite bathroom containing double bed, TV, fan, fridge and bed linen. No kitchen.

 

Apartments for 4 people: 1 bedroom, a sofa bed for two in the living-room, equipped kitchen, bathroom, TV, fans and bed linen.

 

Apartments for 6 people: 1 bedroom, 1 mezzanine floor with beds, 1 sofa bed for two in the living-room, equipped kitchen, bathroom, TV, fans, and bed linen.

 

Apartments for 8 people: 2 bedrooms, 1 mezzanine floor with beds, 1 sofa bed for two in the living-room, equipped kitchen, bathroom, TV, fans, and bed linen.

 

An adjoining large house currently in the process of being converted into 4 bedrooms with en-suite bathroom and 2 smaller houses with 2 bedrooms, bathroom, living-room and kitchen each. The bedrooms with en-suite bathroom and one of the houses are let separately while the other house is usually occupied by the owners and their family.

 

Spacious barbecue area.

 

Ample parking space. 

 

Shaded by tall trees, a large front wooden deck with sea view, overlooking the street and equipped with tables and chairs is the favourite space for guests to get together and meet friends. On the ground floor, a large barbecue area with a beautiful wooden table, fridge and freezer will turn any gathering around the fire into a special moment.

 

Ample parking space. 

 

Nearby restaurants, bars and night-clubs complete the perfect scenario for a great stay any time of year.

 

Although this business has always been fully operated mainly for just 2-3 months per year (roughly from Christmas to Carnival), it has been profitable for over thirteen years and has a lot of room for improvement. In winter, it serves groups participating in events in Florianopolis when it is filled to its current maximum capacity of approx. 55 guests.

 

With increasing numbers of foreigners from around the world (especially from the northern hemisphere) visiting Florianopolis and seeking to stay at Barra da Lagoa, Pousada 32 is sure to yield profits that shall only be limited by the new management's business skills and marketing efforts. The sky's the limit!

 

The Pousada has a solid customer base and enjoys an excellent reputation. Summers are always fully booked and, in winter, large groups of participants in events in the region stay at Pousada 32  .

While in need of some refurbishment work, Pousada 32 is a superb business opportunity to make a good annual profit and live in paradise at the same time…

 

 

 

Property Location within Florianopolis Area

 

Barra da Lagoa is the preferred destination of foreign visitors when touring Florianópolis and surrounding areas. Its proximity to fashionable Praia Mole and half-way location between Lagoa da Conceição and the island's northern beaches, full infrastructure and reliable public transport turn Barra da Lagoa into an ideal neighbourhood to live in or have a base when visiting the region.

Florianópolis is the capital city of the Brazilian southern state of Santa Catarina. It is located on a subtropical island featuring over 50 beaches, green seas, historical places, hills and breathtaking views. Florianopolis is a place with out-of-the-ordinary beauty, the island is increasingly sought for as one of the best locations for safe investment in real estate in Brazil. Connected to the mainland by two bridges and just 20 minutes from the local international airport and 30 from the coach terminal,  Florianopolis is the capital city with best quality of life in the country, a safe, relaxed place with the highest real estate appreciation rate in the region (proven 20-25% per year).

 



Property Deposits & Payments Terms

To be discussed in due course.


Associated Purchase Costs of Property in Florianopolis

In addition to the listed price for the investment, the following costs will apply to your purchase:

  • Stamp Duty Tax (or Registration tax) is around 0.8% (max. of R$ 801.00) of the purchase price (payable to the notary) 
  • Notary Fees is approx 1% of the purchase price (max. of R$ 805.00)
  • Property Transfer Tax (ITBI) of approx 2% (payable at the City Hall).
  • 'FRJ - Fundo para Reaparelhamento do Judiciário' (Fund for Reequipment of the Judiciary) Tax of 0.3% of property price (max. R$ 400.00)
  • UK / Brazilian Lawyer (optional but recommended) - see below
  • With regard to lawyers fees, this can vary depending on the work and level of service you require.  A fee of between 0.5% and 3% will be charged depending on work / service.

     

    Should the property have any issues with regard to debts and the lawyer advise you not to proceed, then 50% of the agreed legal fee is payable.

     


    Property Running Costs
     

     

  • Council Tax (per year): To be advised

  • Yearly Municipal Operational License: To be advised

  • Monthly utility expenses shall depend on consumption


    To Obtain the price in your own currency, divide the above figures by the rate(s) shown at the bottom of the page.  All above rates are approximates / estimates.

  • When buying a property it is important that you pay the appropriate council rates (usually around 1% of the property value per year) and condominium charges (if applicable), your home / investment is at risk if you do not keep up these payments. 



    Rental / Yield Potential

    Tourist demands are high in Florianopolis with visitors numbers increasing year on year and hotel and guests houses working to full capacity in summer. 


    Pousada 32 currently has an annual turnover of approximately R$ 200,000 and makes a net profit of approx. R$ 160,000, which means 80% profit. Investment yield would then be around 8% per year.

  • * All properties are sold in Brazilian Reais (symbols R$ or BRL). Currency rates will depend upon your banks conversion rate at the time of transferring the monies. The current conversion rates used on this site are €1 = R$2.25, £1 = R$2.75, $1 = R$1.78. To check the latest rate 'spot rate' with Bank of Brazil click here.

    Consider using a Money Transfer Agent to Transfer Money To Brazil, offering better Exchange Rates than High Street Banks.

    Prices displayed do not include other associated purchase costs such as Government Purchase Tax, Legal Costs, Admin and Furniture (unless stated).