Reach Nations

The land we are looking into purchasing is located in Estrada Do Contorno, N. 1607, Cohab – Zip Code: 63905-648, Quixadá – Ceará. This property belonged to the company named Dicel Distribuidora de Bebidas Serra e Sertão LTDA. It was taken by the bank on 10/28/2018 for reasons of foreclosure and debt consolidation with Caixa Econômica Federal. The property is being sold directly by Caixa Econômica Federal.

The land is flat, walled, and has a total area of 10,000 m2. It’s in a strategic location bordering the Cohab, Putiú, Campo Novo and Nova Jerusalem neighborhoods. Campo Novo specifically is where there is the highest concentration of needy families in Quixadá with 262 families enrolled in government assistance programs.

Property Code: 1.042
Address: Estrada Do Contorno, N. 1607, Cohab – Zip code: 63905-648, Quixadá – Ceará.
Appraisal value: BRL $660,000.00 ($126,923)
Sale value: BRL $478,962.00 ($92,108) (27.43% discount)
(ITBI 5.6% of the market value, IPTU, Enrollment fees, processing expenses)

Total amount: BRL $563,162 ($108,300)
(Dollar Value Estimated at BRL $5.20 on February 2022)