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REF- P25 - A villa in Cumbuco for sale
with extreme potential due to its low price and excellent location with
refurbishment needed to full fill this property's potential and beauty to
your liking. Boosting 5 bedrooms, a swimming pool and ocean views at
only 50 Metres from the glorious Cumbuco beach.
Inside the villa property, it needs simply modernizing. A repaint and new floor tiling throughout and a new fitted Kitchen and bathrooms will totally transform this 5 bedroom villa into a very valuable asset and enjoyable home.
The villa layout consists of a living area, kitchen, social bathroom, 1 En-Suite bedroom and 2 further bedrooms all on the ground level. Upstairs holds 2 further bedrooms with a shared bathroom and the sizable balcony giving ocean views.
The house construction has 350M2 on a garden plot of 920 M2.
The house structure is 12 years old and is generally in very sound condition. If having an interest to boost the villa construction further, a ground floor extension to the front of the villa would be easy to do. This will hugely increase the size of the living area which will add much further investment value and also to add another en-suite bedroom.
The garden is already tidy and is mature with many coconut trees providing coco fruit juice to drink daily. The pool is of a decent size and is installed with a full filtering system.
Investing in Brazil;
This is investing in Brazil for a large capital gain within a 3 year period due to its very low price for its size and location. A property that also offers a wonderful place to live in a very high rentability area so close to the beach makes a property like this very rare to find. Buying through Property Brazil Estate, I would love to use my personal experience in investing and refurbishing in this area of Fortaleza to maximize your investment for you.
A basic refurbishment of this villa will come under R$35,000BRL. A ground floor front extension along with the full property refurbishment will come close to R$100,000BRL in total and will hugely increase the value of this property to the regions of R$600,000BRL at only today s prices.
This is very likely to increase much further within the next 2-3 years as the Vila Gale 5 Star hotel complex and golf course is completed just 5 KM away, and with the state of Ceara's economic powers going from strength to strength. What will a large attractive Villa in this location, only 50 metres from the Ocean, in a beautiful and rich area of Cumbuco be really worth in 3 years time?
Nuwire Investor - Brazil Investment guide