Anthony Fernandes

Anthony Fernandes founded
SPC - smart property consulting
and is a renowned industry
expert on property in NE Brazil.
He leads a team of property
professionals and is referenced in:
The Move Channel The Mail Overseas Property Professional

Sonhos do Mar

New-development, Off Plan Investments

Semi-det Villa

Pium, Natal, Brazil

Price:

Bedrooms:

Bathrooms:

Unit size:

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Description

Private, gated development on a 75.000 m2 plot located near the beach of Cotovelo , a short distance from Natal city and the international airport.

Development with plots and villas in a safe, gated community with great recreational facilities. Surrounded by nature and in a privileged location near the ocean, yet away from the fuss. Targetted at the increasingly affluent middle class Braziliansfor full time living
Houses are semi-detached with a built area of 100mē on an average plot size of 225mē. When I was on site in October, although still under construction, the high ceilings made the rooms feel spacious. Great value for money with good on site facilities.

Location

Pium is a charming local village located just 7 minutes south of Ponta Negra (the main tourist area of Natal. It benefits from a popular daily fruit market selling fresh local produce and plenty of local amenities including convenience stores, garden centre, gift shops selling local crafts. Irt is an ideal place for those that want to be out of the city, but within easy reach. It is located just 2 minutes from the charming Cotovelo beach.

Investor View

VALUE FOR MONEY, low risk, solid investment. Plots are fully serviced and infrastructure is complete. Villas well under construction. Target local market for rental and resales. OPTIONAL RENTAL GUARANTEE: 6% FOR 4 YEARS on villas

Investment return projection

Estimated return of 10% growth per annum, based on current market trends.

Property features / Development facilities

Jacuzzi
Sauna
Spa
Pool Bars
Games Room
Outdoor Pools
Gymnasium
Party room
Soccer field
Tennis court
Luxurious gardens
Children's club
Volleyball

Payment terms / Estimated completion

3,000 Euros Reservation
25% on Private purchase contract
40% in 4 equal installments
35% on devivery of keys

Contract price in R$ 180.000. (BRAZILIAN REAIS)
Estimated completion: December 2009
Bank guarantee / construction guarantee: -
Building license: yes

Total units & property prices

Number of Units: 48

3 bedroom Semi-det Villa: 60,000€ - 60,000€
0 bedroom Plot: 31,500€ - 31,500€

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7th September 2010