Elegance, space, and comfort in a prime address

Excelente casa nascente no Poço da Panela, situada em um terreno de 1,416 m² com 545.17 m² de área construída.
Poço artesiano com 50 m.

Ground floor:
Living room,
Dining room,
Guest bathroom,
Breakfast room and kitchen,
Laundry area,
Storage room,
Staff quarters with complete facilities,
Garage for 4 cars,

Upper floor:
3 bedrooms, including:
1 master suite with bathtub and whirlpool,
1 suite,
1 bedroom,

Leisure area: barbecue grill, swimming pool.

Sale: R$ 4,300,000.00
IPTU: R$ 10,160.28

Poço da Panela

History
Poço da Panela emerged around the 18th century, belonging to the lands of Engenho Casa Forte, owned by Diogo Gonçalves. The sugar mill was built on land donated by Duarte Coelho. Initially, it was a small settlement amid vast sugarcane plantations. At that time, a major cholera epidemic affected Recife, and some doctors reported that bathing during the summer in the stretch of the Capibaribe River that bordered the settlement was a miraculous remedy against the disease. The news spread very quickly and led the wealthiest families of Recife to begin frequenting the area, soon building summer mansions there. The settlement grew and, in 1772, gained a church dedicated to Our Lady of Health. It remained a predominantly rural neighborhood until the early 1970s, when it was subdivided into lots that were occupied by the middle class.

It was one of the neighborhoods most affected by the flooding of the Capibaribe River in 1975.
Poço da Panela is subject to a ban on high-rise construction, as it is a heritage-protected area by the Recife city government, designated as a Special Zone for the Preservation of Historical and Cultural Heritage (ZEPH), like 32 other locations in the city.

The backyards are filled with fruit trees such as mango trees, sapodilla trees, oiti trees, cashew trees, jackfruit trees, among many others. Even its Carnival is nostalgic, as the lyrical bloc Pára-quedista Real sets off from there, drawing admirers to the sound of classic bloco frevos. But there is also room for modern rhythms with the blocs Guaiamum Treloso and De Bar em Bar. It has two private schools: Centro Escolar Carochinha and Colégio Ethos.

Some new streets have been paved, repaved, or improved with the aim of enhancing residents’ quality of life and easing traffic on Avenida 17 de Agosto, which continues to receive more and more vehicles. There is very little commerce or bus service in the area. Estrada Real do Poço is the main road in the neighborhood, along with the Church of Our Lady of Health (both heritage-listed). The neighborhood has the Poço da Panela Community Library, created in 2011 and registered with 120 children. Coordinated by journalist Samarone Lima, the library relies on donations and has a strong demand for children’s and young adult books. It also houses IBAMA’s sorting center, located in a chalet on Avenida 17 de Agosto. It preserves a baobab tree, native to Madagascar and rare in Brazil; these trees are concentrated mainly in the state of Pernambuco, where 16 specimens are cataloged.

The neighborhood’s public spaces are in a state of neglect. Praça de Nossa Senhora da Saúde is now used only by informal car washers and street vendors. One of the worst signs of this reality is the lack of respect for the image of abolitionist José Mariano. The neighborhood has been seeing an increase in robberies. In Poço da Panela, the number of cases grew by 66%, from three to five occurrences.

> 4 TIPS TO HELP YOU CHOOSE THE IDEAL PROPERTY TO BUY:
Do not think only about your current marital status. Properties are long-lasting assets. Therefore, it is important to make your choice not only based on today, but also on your life plans. You can find homes and apartments of different sizes, and this will also influence the number of bedrooms the property has. If you plan to live alone, assess whether the home you are about to acquire will meet your needs at least in the medium term. A one-bedroom apartment for a single person, for example, could accommodate a future spouse and even a baby. But if your plans to start a family are closer to reality, it may be ideal to consider properties with 2 or even 3 bedrooms. This way, you ensure a home that supports your life plans.
> Location is a relevant factor. Check whether the properties you are considering are well located. This does not necessarily mean being in a central area, but rather having good infrastructure nearby to meet everyday and unexpected needs. Get to know the neighborhood: check whether there are pharmacies, bakeries, supermarkets, health clinics, schools, and good public transportation coverage. This will be necessary and, in the end, may save you a great deal of effort.
> Evaluate whether the “utilities” meet your needs. Number of bathrooms, parking spaces, elevator, accessibility, built-in closets… Each has its usefulness depending on your needs and should therefore be taken into consideration. For those who own cars or motorcycles, not having a parking space can create a high monthly cost that, in the end, will be much more expensive than making a slightly larger investment for these features, for example. The same applies if an apartment does not have a service area that can accommodate a washing machine. With the rush of everyday life, it is not always possible to wash clothes by hand, and the lack of space for a washer can lead to recurring laundry expenses that would make it difficult to cover all costs. Therefore, pay attention to your needs, calculate everything carefully, and make a better-aligned and viable choice.
> Make sure your dream fits your financial reality. You may dream of having a larger apartment with a service area, spacious bedrooms, and everything else. However, before you start searching, be realistic: assess your financial possibilities. Even with a good down payment with FGTS support, financing can still be expensive due to interest rates, and no one knows what tomorrow will bring. For that reason, do not aim higher than you can handle. Review your available budget, run financing simulations if needed, and only then start looking for a property. This way, you can align your dream with your reality and avoid taking on something you cannot fulfill. By paying attention to these tips, you will certainly make a more advantageous deal. So do not fail to evaluate these items! Didn’t find what you were looking for, or would you like more information about other properties in Recife and the surrounding area? Contact our team at (81) 3040-1233. We look forward to hearing from you!