Praia Bonita Beach and Lagoon Resort

New-development, Off Plan Investments

Chalet

Tabatinga, Natal, Brazil

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Description

A mix of studios, suites and chalets ranging from 35 to 138m2 located between the beach and the freshwater lagoon.
This tropical environment is one of the most sought after areas for on the south side of Natal for both national and the international tourists. The Resort will be run as a hotel and features excellent facilities including restaurant, bar, gym to beautiful exotic gardens and a huge pool.
1-2 bedroom chalet ranging from 88.17m2 to 138.02m2

Location

Located just 30 minutes south of Natal, Tabatinga has 5 stunning beach lagoons, protected by a 7km reef, making the waters safe for swimming within the paradise setting. Just 500m from the beach is the beautiful fresh water lagoon, Lagoa Arituba with great restaurants offering fresh seafood a really low prices and canoes and pedalos for hire. Nearby is the famous "Mirante dos Dolfinos," a bay populated by dolphins which is always popular with visitors to the area.

Investor View

Good entry level to the market in a very desirable location. Real rental guarantee: 5% guaranteed rental income is offered by the developer's management company.

Investment return projection

20% per annum based on current market trends

Property features / Development facilities

Restaurants
Outdoor Pools
Gymnasium
24 hour security
Bars
secure storage room
Internet and wireless

Payment terms / Estimated completion

-3,000 Euros reservation deposit
-35% at private purchase contract
-35% January 2009
-30% at completion, estimated for Q4 2009
Estimated completion: Q4 2009
Bank guarantee / construction guarantee: -
Building license: Yes

Total units & property prices

Number of Units: 135

0 bedroom Studio: 55,600€ - 77,200€
1 bedroom Apartment: 87,800€ - 132,000€
2 bedroom Chalet: 214,000€ - 214,000€

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21st November 2008