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

Palm Springs Natal

New-development, Off Plan Investments

Plot

Muriu, Natal, Brazil

Price:

Bedrooms:

Bathrooms:

Unit size:

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Description

Brazil's most innovative innovative plot and villa project adjacent to Natal's millionaire's row. Palm Springs Natal is uniquely located to offer to the professional investor and the holiday-maker the opportunity to buy in undoubtedly one of the most sought after locations in Natal, near David Beckham's football academy at competitive prices. The plots start 200m from an idylic beach.

You can own a private plot and build a detached villa for less than most people will pay for an apartment The developer will offer a turnkey villa building service. You are not obliged to use the developer s constructor, however it is the objective at Palm Springs to create an idyllic resort with a cohesive design theme of villas which must be respected.

Location

Located just 39km north of Natal City, Muriu Beach is possibly the most desirable location in Natal. The front line beach villas are considered to be the millionaire's row. This is where all the wealthy Brazilians own their weekend villas and holiday homes. There are wonderful restaurants, serving sumptuous fresh seafood and exotic drinks all reasonably priced. The village has convenient local shops where the basics can be purchased.

Investor View

Returns on land are generally equal to, or higher than returns on property, but the entry level is much lower. An excellent investment whether you were to choose to build immediately, or hold on to the land for some years before building or on selling.

Investment return projection

10% Pre launch discount, Annual capital appreciation of 15% per annum. Higher growth with villas.

Property features / Development facilities

BBQ Area
Reception
Outdoor Pools
24 hour security
Sports area
Tennis court
Leisure facilities

Payment terms / Estimated completion

£1,500 Reservation
100% payable on contract
Estimated completion: Q1 2012
Bank guarantee / construction guarantee: NA
Building license: Urban land

Total units & property prices

Number of Units: 350

0 bedroom Plot: 12,000€ - 40,000€

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7th September 2010