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Other Considerations
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| Features: Garden, Pool, Parking, Terrace / Deck | ||||||||||||||||
| Amenities: In beach resort, 24 Hour security, Sea View, By the Sea | ||||||||||||||||
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Description: AMAZING VALUE! Low density beach front project starting from only 19,950 GBP. Further savings to be made with prices fixed in GBP until 30th of April 2008. Just 23 units in total. Will sell fast! Sossego Bay is a small residential freehold development consisting of only 23 units that comprise of studios and two bedroom apartments: Early entry discounts Estimated 20% capital appreciation upon completion Estimated rental yields of 10% per annum Completed legal due dilligence Beach front location Low density build On-site security Potential Capital Appreciation per annum 20.00% Conservative Estimate from the Developer Potential Rental Income per annum 10.00% Conservative Estimate from the Developer Development Timetable Construction Start: 3rd Quarter 2008 Construction End: 2nd Quarter 2009 Unit type Bedrooms Size M²(from) Size M²(to) Price (from) Price (to) Apartments 2 46 46 $37,950.00 $42,950.00 Studios 0 25 25 $19,950.00 $22,950.00 Development Description Sossego Bay is a low density development consisting of studios and 2 bedroom apartments. It is situated close to the beach with units on the upper floors benefiting from sea views. The curved shape of the building allows not only for greater view possibilities, it is also an aesthetically pleasing build design. All the units will overlook the communal swimming pool and gardens. The Exit Strategies Early entry levels with potentially high capital appreciation Contracts reassignable prior to completion Healthy projected rental returns The Facilities Communal swimming pool BBQ and bar area Secure individual parking On-site 24hr security Laundry service Maid service Onsite maintenance Rental administration The Security IPIN has carried out due diligence for this project and is satisfied that it complies with all necessary legal requirements Planning permission and license are in place Location Details Sossego Bay is located 15km south of Joao Pessoa, and 160km south of Natal city. Joao Pessoa is the capital city of the state of Paraiba, characterised by its tropical beaches, modern architecture and historic buildings. The development is within easy reach of all amenities. Due to its coastal location, the area is popular with windsurfers and is also situated next to a natural lagoon. |
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