Other Considerations
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Natal city centre invest opportunity high potential cap growth and Rental [ SOLD ]

 Region: Natal

 Price: USD $ 102 411

 Bedrooms: 2

 Property Type: Apartment

 Development State: Off Plan

 
Features: Garden, Pool, Parking Amenities: Shops, Bars & Restaurants, 24 Hour security, In City Description:
The Investment
Low risk investment due to the sustainable growth of the Brazilian residential property market
Estimated capital growth of 20% per annum

Estimated rental yields of 10% per annum
Simple and secure buying process
Units are 100% freehold
Located in one of the most promising emerging markets, and in the popular Tirol neighbourhood of Natal city centre
Property valuations in the neighbourhood have increased from an average of 500 BRL per m2 in 2003 to 2,500 BRL per m2 in 2007
A developing middle-class and increased access to finance has pushed prices up
The domestic mortgage market is expected to increase 600% by 2014
With a high demand, fast growing middle-class economy and already over 1 million inhabitants, a clear primary market from amongst Natals locals is already in place for this type of investment
The Exit Strategies
The Cosmopolitan Residencial development offers an ideal long or short term investment opportunity

Strong resale potential to the local market who are now able to finance purchases for up to 20 years
The local area offers a healthy buy-to-let market, with a steady supply of long and short term tenants, and realistic rental returns of around 10% per annum
Banco Santander claims there is a shortage of 8 million housing units for Brazil’s fast-expanding middle-class
The Security
As part of IPIN's due diligence process, this project has undergone initial legal searches by an independent law firm.

The building license has been issued
The proposed draft of the Private Purchase Contract has been examined and certified to conform with all necessary legal requirements
Company registration documents have been verified
Land title confirmation has been obtained
The Developer
The developer is a Spanish funded company, formed to create lifestyle projects in the Natal area of north eastern Brazil. The developer works in partnership with a company that already has 11 years experience creating residential buildings in the Tirol neighbourhood of Natal, and they have received awards for high quality standards of delivery. The project's partners have previously released projects such as:

Residencial Milenium
Almerio de Paiva
Classic Residence


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