Description
Duplex apartment in a condominium on the Atlantic Ocean coast in the state of Ceara in northeastern BrazilPrice from $117443 for 50 sq.m with full finishing and furniture
Fixed yield of 7% net for 2 years
Starting from the 3rd year, the projected yield is ~12% per annum
Construction period – 12 months
Installment plan – 30% down payment, the remainder in payments upon completion of the construction stages
Exit – sale on the secondary market with the help of a local developer agency
It is possible to have your own accommodation without restrictions starting from the 3rd year
There are apartments with pool views
About the projectThe 5* resort is located on the pristine beach strip of Praia de Guajiru, between a natural lagoon and the Atlantic Ocean in the state of Ceara, in the northeast of Brazil.
Covering an area of almost one million square meters of snow-white beaches, sand dunes, palm plantations and a natural freshwater lagoon, the resort consists of hotels, villas, apartment blocks and recreation areas.
The land was purchased by the developer at his own expense about 10 years ago
In total, the resort provides condominiums for 322 1-bedroom apartments, 20 2-bedroom apartments, 16 beach apartments, 64 fractional and more than 115 full-fledged villas, as well as the Radisson Hotel for 144 rooms
Of these, more than 65 villas are built or under construction (56% of the total), 24 1-bedroom apartments are built and 74 are under construction (30%), 8 2-bedroom apartments are built or under construction (40%)
The hotel has been operating since spring 2019, the rating of the hotel on booking is 8.5 based on more than 750 reviews
The hotel is managed by Atlantica Hotels, a group of 150 hotels with more than 20 thousand rooms
In addition to its own brands, Atlantica operates hotels under the Hilton, Radisson, Wyndham, Starwood (Four Points by Sheraton) groups
Why invest in Brazil:The country is part of the BRICS block (Brazil, Russia, India, China, South Africa)
It is considered one of the most promising emerging markets
It is a friendly country, it is possible to pay with direct SWIFT payments from Russian banks
It makes it possible to obtain a residence permit for real estate investments from B$700,000 (~ $ 145,000) and after 4 years to obtain citizenship, which gives 171 countries without a visa, including the EU and the UK