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Excellent CITY based investment with high short term capital growth and a clearly ident... [ SOLD ]

 Region: Natal

 Price: USD $ 56 790

 Bedrooms: 2

 Property Type: Apartment

 Development State:

 
Description:
Excellent CITY based investment with high short term capital growth and a clearly identifiable exit strategy. Genuine 5 year guaranteed rental income programme in place. Although payment terms don t offer great leverage, this is still a fabulous investment product. Investment return projections: Fixed 5% rental guarantee signed for 5 years with a local property management company - Short term rentals: High season 13 weeks 500€ per week. General: 250€ per week - Capital growth is estimated to be 25-35% per annum - Bank guarantees - No mortgages available in Brazil, so cheap. Prices will go up as soon as expat mortgages are introduced. Development Description: Sun Towers is a Dubai style towers development of two bedroom apartments, each with its own allocated parking space, split over 3 towers within a gated community with a security entrance. Until recently this was sold solely to locals, where there is a real demand for these proper

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