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| Features: Pool | ||||||||||||||||
| Amenities: In beach resort, 24 Hour security | ||||||||||||||||
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Description: This is a great opportunity to invest in the Praia Bonita development, a project that will be run as a holiday resort. Praia Bonita offers the added advantage of benefitting from a steady stream of renters and hotel visitors, all of whom are potential resale clients. A fixed income is available through the guaranteed rental. The entire area is a very popular holiday destination amongst locals, nationals and international visitors alike. 2 year rental guarantee at 5% per annum Predicted 20% potential capital appreciation during first year Rental clientele in place through resort management 100% freehold units * Purchase prices are set in BRL. Average currency conversion rates: 144,560 BRL = 41,303 GBP or 53,541 EUR Potential Capital Appreciation per annum 20.00% Conservative estimate based on IPIN research Potential Rental Income per annum 5.00% Based on rental guarantee figure Development Timetable Construction Start: 4th quarter 2007 Construction End: 4th quarter 2009 Development Description The development stretches between the sea and a freshwater lagoon, with childrens' and adults' swimming pools stretching throughout the development. Residents also enjoy a pool bar and a beach bar, along with restaurants, reception and 24hr security. Other facilities include restaurants, gym, sauna and a playground. The Investment Guaranteed rental return High potential for capital appreciation Rental clientele already in place The Exit Strategies Short and long term rental: - 2 year rental guarantee at 5% per annum - On-site rental management as the development is to be run as a resort hotel Re-sale: - Re-sale clientele from the continuous stream of rental customers visiting the resort The Units The project will consist of studio apartments, 1 & 2 bedroom apartment suites and 1 & 2 bedroom chalet style villas Various units have private solariums All units come with terraces All provide spacious accommodation The Resort Will be run as a holiday resort hotel Low density build Situated between the beach and a freshwater lagoon The Facilities Restaurant 24hr security Reception Gym Sauna Playground Store Laundry service Pool bar Beach bar Cyber café Adults' and childrens' swimming pools The Security IPIN has carried out due diligence for this project and is satisfied that it complies with all necessary legal requirements. All planning permission and licenses are in place The Developer European developer of a Brazilian company with the main office in Natal Company director has 18 years experience with an Italian tour operations company Experience in construction, tour operations, holiday resort management in the following locations: Spain – Ibiza and Formentera Greece – Rodi Egypt – Sharm el Sheikh Cuba – Playa de la Habana and Cayo Largo Dominican Republic – Punta Cana Location Details Praia Bonita is located 20km South of Natal, in north east Brazil. This area is known as City of the Sun or City of the Dunes due to its long sunny days and beautiful beaches of sand dunes. Various activities can be enjoyed in this paradise destination, from lazy days on the beach, surfing, snorkeling between the off shore reefs and discovering the sand dunes on a dune buggy. Area attracts more than 1 million visitors every year Clean, safe and friendly location Low cost of living The international airport has several direct flights to many large European cities Endless beaches and un-spoilt nature Warm and sunny, tropical climate all year round The area is in the early stages of a property boom |
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