NFT REAL ESTATE
About NFT Realty: Satoshi's Escape
Located in one of the most beautiful cities of Brazil, in Arraial do Cabo, Rio de Janeiro, this real estate is a rare build at the left corner of Praia Grande, a place no one can build since the place became a natural reserve in late 80's. In this city, in this exact and precise place one of the most rare natural events happens, the so called ressurgence phenomena when cold waters flowing from south polar zones emerges from the deep ocean back to surface waters bringing uncommon quality of nutrients and mixing crystal clear with clear blue water. It's so rare if only happens in three locations worldwide.
Add to it the sunset which is known as the most beautiful sunset of Brazil in the a privileged location, a sunset so magic it's hard to explain: brazilian beaches are all on the east of the globe (atlantic ocean) and sun sets on the west, how's that possible? It's magic! Well it's also due to the fact Arraial do Cabo is a "cape" and therefore the unique geography allows this privileged view to west and the magic sunset most of the year.
The Property
This house is a two-story real estate built in the late 40's with three sleeping rooms, two bathrooms, a huge spacious living room and an independent dining room. The house provides two great open spaces and one huge balcony with amazing 240° view of the beach and has direct private access to the whitest sands of Rio de Janeiro at Arraial do Cabo's Praia Grande beach.
It also features two extra rooms and open garage for two cars plus a barbecue zone and garden in the back of the house. A nice stairway connects the house to the beach straight from the bancony in front of the living room down to the sand with breathtaking view all day and night long. During full moon on some months of the year, it has a delightful view of the moon lights reflecting in the ocean in such an experience hard to describe.
Purchase of NFT Real Estate
As a common typical real estate purchase, once this NFT auction is over and the NFT is purchased, the Real Estate property will be transfered to a Limited Liability Company (in Brazil it's called a LTD company) in a private transaction contract formally registered at Arraial do Cabo's unique registry notary. The property will be owned by this private company and NFT owner will appoint the manager of the company and therefore the sole controller of the property and the business. The NFT contract allows for public identification of the owner and appointed manager. In accordance to brazilian law MP 2200-2/2001 (Lei 14.063) digital signed contracts are fully valid contracts since 2001, therefore in addition to registry notary the contract will also be digitally signed and forever registered in the blockchain.
The Location
Located in one of the most beautiful cities of Brazil, Arraial do Cabo, in Rio de Janeiro state, a 2-hour drive from Rio de Janeiro city and 15 minutes from the nearest airport at Cabo Frio, it's a 20,000 residents city which used to be a fisher village until early the 90's. It's in the famous hot spot "região dos lagos" (Lake's zone) in Rio. It's one of the most visited and desired locations for vacation, wedding and movies due the unique natural beauties, sightseeings and radical sports in close contact to nature. Arraial do Cabo is a place everyone vists say they want to visit back again or move to live forever. A glamorous location, still quiet and great to rest most time of the year - except special dates like carnival, christmans and new years' eve when it's always full party time in the city!
Not for sale "AS IS"
This house as part of this NFT contract won't be sold "AS IS". The property will be completely refit. Some love is much needed and will be given the following months after the house is NFT auctioned. The mininum price for this NFT sell includes budget to fully paint the property, refit the floors (specially the open space floors) water pipes and electrical systems. Two extra rooms will be built one will be fully privative, separated from the main house for privacy, a great garden and straight ocean view. Full insurance for five years will be bought. An LLC company will also be opened to legally bind the NFT contract to the actual ownership contract of the property. Read below about the legal status of this transaction and rest assured: it's not an NFT adventure or a risky deal but a unique opportunity. This is why a refit and some love is much needed and will be provided.
Gallery
Satoshi's Escape is an amazing opportunity to develop a strong local culture of crypto-economy, individual sovereign, economic and cypher education as well as allowing crypto lovers and enthusiast to get along in a unique and amazing served scenery.
BUSINESS MODEL
A private club to honour Satoshi, relax and chill out.
Satoshi's Escape is not just an ordinary NFT Real Estate to invest and own. It's a commitment and business plan to develop local community awareness about Bitcoin and cryptoeconomy.
Due to local regulations this NFT property shall hold ownership for five years to meet adverse possessor; due to the fact this property is built on protected land with special environmental interest, this requirement shall be met for good title of peaceful legitimate ownership.
Therefore this NFT Real Estate includes a development plan and business model allowing the owne to fully enjoy the premises while also allowing guests and cryptoeconomy enthusiasts to also enjoy the property in a club like model with day use shares swapped by crypto to anyone visiting Arraial do Cabo. One suites will always be priority reserved for the entitled manager but when it's not in use, overnight shares will be swaped along with the other rooms to allow guests to enjoy Satoshi's Escape. Hopefully all maintainance and insurance costs will be covered by this model. When the holder of this token is in town the whole property is always for his exclusive leisure.
The two external porchs will be the main living hot spot for guests. Watch the video below to learn better about the place.
WATCH VIDEO
BUDGET BREAKDOWN & CONTRACT
Expenses and price formation
This NFT Home is auctioned. A minimum amount shall be paid before the deal is closed and the price formation for the actual minimum amount is described in the next table. Once the house is sold if the buyer agrees, the total price paid will be disclosed and the minimum amount as well.
This price formation is important so you know the whole business and all direct and indirect costs as well as legal liabilities are included. In fact the buyer has no extra costs and won't waste their time to own this unique highly scarse non fungible real estate and to control Satoshi's Escape business at least for the first year, while the business operation shall cover all of the maintainance costs.
For full disclosure and transparency the minutes of the actual contract which will be signed is available. This contract reading is also available as off-chain metadata refered within the NFT smart-contract in the blockchain.
| Expense Description | Amount (USD worth BTC/ETH) | Percent |
|---|---|---|
| Payment to seller (current owner) | To be disclosed after auction | 70% |
| House refit | To be disclosed after auction | 10% |
| City hall and government fees and taxes | To be disclosed after auction | 8% |
| Fee paid to NFT Scriba brokerage | To be disclosed after auction | 5% |
| House insurance for one year as of contract registration | To be disclosed after auction | 3% |
| Attorney at Law contracts writing and validating | To be disclosed after auction | 2% |
| Limited liability company registration | To be disclosed after auction | 1% |
| Registry notary fees and costs | To be disclosed after auction | 1% |
| Replacement of house appliances, additional improvements, amenities and extra slices of love(*). | To be disclosed after auction | 0% |
Full Property Details for 72 Miguel Angelo St
General◦ Price: Undisclosed◦ HOA FEE: No fee. ◦ Taxes: $4,163 BRL (2021) ◦ Status: Open Auction ◦ Type: Single familiy; multi floors; ◦ MLS ID: No MLS Listing ◦ Updated: - ◦ Added: Feb 2022 |
Community◦ Pets Allowed: Yes◦ Pet Restrictions: Restrictions Or Possible Restrictions ◦ Cooling Type: Mother nature ◦ Heating Type: Solar nuclear fusion ◦ Architectural Style: Single family 2.5 Stories ◦ Construction: CBS Construction; Concrete walls ◦ Square Meters: 598,41 total area; 156,17 built ◦ Year Built: 1949 |
Rental Information◦ Approvals: Not Required◦ Interior Features: First Floor Entry ◦ Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer ◦ Flooring: Tile Floors |
Location◦ Area: 5521◦ County: Região dos Lagos ◦ Subdivision: Arraial do Cabo ◦ Complex: PRAIA GRANDE ◦ Area Code: 28930-000 |
Interior◦ Full Bathrooms: 2◦ Total Bedrooms: 3 ◦ Bedroom Features: 1x Entry Level ◦ Maint. Includes: No maint. fee. ◦ Parking: 2 cars; 3 motobikes; 1 small boat or 1 UTV; |
Financial Considerations◦ Association Fee: No HOA Fee◦ Assoc Fee Freq.: - ◦ Tax Amount: $4,163 BRL ◦ Tax Year: 2021 ◦ Terms: NFT, BTC, ETH, XMR, BCH, USDC, BUSD, BNB, BECK, FIX |
Disclosures and Reports◦ Buyer’s Brokerage Compensation: 3%◦ Restrictions: Ok To Lease ◦ Property ID: 02-42-03-313-0070 ◦ Legal Status: Legal continuous adverse possessor. Full house ownership. Land in natural reserve. ◦ Legal Description: RESIDÊNCIA UNIFAMILIAR SITO RUA MIGUEL ANGELO 72 PG ARRAIAL DO CABO 28930-000 |
NFT Transaction Terms◦ Buyer: LLC type (Limited liability company in Brazil)◦ Management: NFT owner or appointed by NFT owner ◦ Management Limits: OK to sell NFT (ownership and management rights). Can't transfer unit for 5 years from LLC company. Legal homestead local control reqs. ◦ Incl. Services: Appointed manager to keep homesteading occupation (Housekeeper) and welcome guests. |
SEE OTHER NFT SCRIBA GOODS
Find our other active and upcoming
NFT Scriba home & auto offerings.
HOME
Miami Beach FL - NFT Sage on Lenox #1
- 2 Bedrooms 2 Bathrooms
- Prime location in Sobe
- Two minutes from the Beach
- Five minutes from Southé Pointé
- Ready to move in!
AUTO
Chevy Opala Coupe 4.1 SS 1974
- Unique Red Opalao SS
- Already in America!
- Famous Known Car
- ~ 600 horse power @ 6cc
- As seen on UOL, Youtube and US drag strips.
LAND
Land w/ Approved Project at Pontal do Atalaia
- 2,000 squared meters
- Approved project
- Ready to build
- Private condo association
- Condo with scenic views
ABOUT US
NFT Scriba Home & Auto Brokerage
In ancient Rome, the scriba (Latin, plural scribae) was a public notary or clerk (scrivener).
We are NFT Scriba, an on-chain public notary ledger as means to bridge DeFi with real life goods.
NFT Scriba is made with love by Bahamas Sand Dollar LLC, a Miami Beach company. Operating the business in locations we have physical presence and with properties we know in person in Florida, in the Bahamas and Southeast Brazil. This business model was created to serve ourselves first, as we have bought a lovely residency we always wanted in a Caribbean paradise but ownership titles were deficient for this particular island and therefore we hardened it with digital signatures widely accepted in the place as well as blockchain ledger entries. Real estate and auto brokered by NFT Scriba is always registered both as a blockchain contract whereas the address, transaction ID and transaction details are also registered in local public notary. A print certificate with such information is emitted, completely hardening the title of ownership allowing it to exist forever in the blockchain while making sure the contract address is well known to all parties of interest.
Technologically speaking, blockchain is a digital mathematically proven ledger which makes it the perfect replacement or companion for traditional notary public service providers: a distributed decentralized public notary for title of ownership registration. NFT are crypto-assets to register informational data about non-fungible goods in such ledger. NFT Scriba was named after the scriba, a public notary or clerk of the ancient Roman government[1].
____
What we do
We provide on-chain DeFi public notary services and brokerage. We provide the technology and business opportunities as mean to own non-fungible goods and assets which are also tangible and scarse in real life. Focusing on home and auto we aim at providing means to swap ownership of real estate propeties, cars, motorbikes and boats.
We particularly seek for that "unique" opportunities. It's known that a house, a car and a boat are scarse goods. They are tangible too, but how non-fungible they really are? It's ok to own and supply wholesale houses in a standard neighbourhood developed with standard reproduced projects, as it's ok to provide and own just another car out of the mass car production plant.
But we are particularly interested and focus on really unique and really non-fungible goods, the very exclusive opportunities. This is how we started and how we stand out in the market.
____
Our services
NF Scriba provides the technology, the platform, technical consulting and legal consulting. We work to ensure the deal is completely safe for both buyer and seller and we bridge them together to swap their non-fungible economic goods.
We always include legal consulting and lawyer revision of contracts in the business to make sure it is not contrary to local regulation.
In the near future we will allow customers to NFT Scribe your own title of ownership about your own private contrats and deals using our NFTScribaFactory. Other notary scriba services such as registration of diplomas, certificates of course completion and recognition titles will be added afterwards.
____
Why we do it
Decentralized Finances (DeFi) and distributed ledger provides a practical tool to allow title registrations for real goods and assets which do exists in the objetive reality, not only in the abstract universe of mathematics and arts. As long time enthusiasts of Bitcoin as currency and Ethereum as a platform for derivative general purpose programmable assets by means of blockchain, we are confident that tokens have serious and non-speculative economic utility and use on real world general markets. Fungible tokens are the perfect tool for shareholders and stakeholders with interest in a given business and a clear replacement for fidelity programs, company shares and to establish private property covenants. Non-fungible tokens make great modern and reliable proof of ownership, make significantly more secure, resilient and sovereign titles of ownership providing extra layers of freedom and allowing special privacy features. And NFT is specially proper to keep track of ownership of non-fungible goods in real life.
____
Additional services
Supplementary servides include escrow services, legal consulting, contract review and attorney at law validation of the contract and deal. Also we provide housekeeping services and management services for the the owner of the NFT who can not be present to handle everyday duties to care and love the real life asset.
This management services often include running a whole business and for-profit activities such as rentals and short leases. Covering maintainace expenses, insurance and property security is a goal of complementary management services and in most cases profiting from it is also main reason why owners contract our management services.