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Rio De Janeiro 5 Star Hotel Apartments [ SOLD ]

 Region: Rio de Janeiro

 Price: USD $ 366 165

 Bedrooms: 1

 Property Type: Apartment

 Development State: Developed

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Features: Pool, Disabled Access, Terrace / Deck
Amenities: Tennis Court, Shops, Bars & Restaurants, In beach resort, In historic place, Near a golf course, 24 Hour security, Gymnasium, Sea View, Sauna, Jaccuzi, In City
Description:
Rio's most exclusive Hotel in hippest district
One of top tourist destinations in the world
Current net rental yields : 9%
Payment over 4 years
Hand off Investment : Totally managed by the Fasano Group
Only 10 units on the market

Location :

Fasano Hotel is located in Vieira Souto Avenue the most prestigious address in Brazil. As a well an established tourist destination, Rio offers a variety of luxury accomodation. No place demonstartes this more than the Fasano Hotel Ipanema which is without question the most exclusive hotel in Rio with spectacular views and chic design throughout. The Fasano is a sleek, hip and luxurious option for travellers to Rio.



Ipanema is part of the south zone of Rio, where neighbouhoods like Copacabana, Leblon and Lagoa are located. The area is considered by locals the trendiest in Rio with plenty of world class restaurants, designers shops, art galleries, theatres and cool bars. Ipanema has a beautiful and vast stretch of sandy beach synonymous with prestige and wealth and is distinctively more expensive than its neighbour Copacabana. Ipanema is generally considered one of the safest districts in the South one in Rio. It is formed mostly by middle and upper class residential neighbourhoods.



Rio De Janeiro :

World famous tourist destination
2nd largest city in Brazil
Major economic and business centre
HQ for Brazilian oil giant Petrobras, mineral giant Vale do Rio Doce and telecom Embratel
Brazilian branches of Shell, Esso, EBX, Roche and Baxter
Per capita income R$19,524
GDP R$118,979,752.000 - 2nd in Brazil
Fall of 30% in crime rates over the last 4 years
Major tourist attractions include: Sugar Loaf, Christ the Redeemer,Copacabana and Ipanema beaches, Carnival and biggest football stadiumin Brazil: Maracana.
Direct flights to and from the USA, Europe and other South American cities
A major investment for the Santos Dumont airport, centrally located in Riohas been approved and it will soon be open for international flights to major US and European Cities.




The Hotel Apartments :

35, 43, 56, 82 and 99 square metres
Parking included
Luxury finishing and accessories
All decoration and items included in the price
High-spec rooms and communal areas
Option of sea view apartments with private balcony
Gym
Sauna
Solarium
Wi-fi high speed internet
Marble bathrooms
Plasma TV's in every room
Phillipe Starck designed and styled rooms
World class restaurants


Investment details :



77.60% occupancy rate in December 2007
75.04% occupancy rate in March 2008
Apartments are in pool-management system
7 free days usage for buyers*
20 days with 50% discount on rates for buyers*
Possibility of use of benefits by a third party
Current net rental yield 9%
Freehold apartments
Totally managed by Fasano group
10 units available


Prices vary according to view and floor location.

(Approx. £208,000 to £778,000)

Payment Structure:

5% deposit

20% upon signing contracts (investor starts recieving the return)

75% paid monthly or quartely over 4 years

For case studies regarding yields and occupancy please enquire.




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