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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

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Capim Macio

New-development, Off Plan Investments

Apartment

Capim Macio, Natal, Brazil

Price:

Bedrooms:

Bathrooms:

Unit size:

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Description

Value for money development in the hottest district on Natal. Just 42 apartments in this low rise apartment block (just 7 floors). Ideal apartment for young couples with young families in one of the most sought after locations in Natal. Walking distance to popular shops, bars and restaurants and to the beach.
OPTIONAL RENTAL GUARANTEE 0f 6% for 4 years Perfect investment opportunity. Property will be easily rentable and sellable to locals on completion. Further would make a great local pad for short term breaks with easy access to ameties and the beach. GREAT VALUE GOR MONEY

Location

The government has invested R$ 43 million into improving the infrastructure in Capim Macio since 2008. Surrounded by the most desirable shops, bars, restaurants, shopping centres, universities and within easy reach of both the business district and the tourism district it is easy to see why the area has become so popular. Classified by the local government as one of the four most exclusive residential neighbourhoods of Natal and the area of southern Natal with the highest monthly average income. Capim Macio is located in what is considered by many as the neighbourhood of Natal which expects highest capital appreciation over the coming 3 to 5 years.

Investor View

Top pick investment in Natal today. Best value development in the area by far. People who want to live in the best neighbourhoods, but can't generally afford to will be able to buy at Capim Macio Residential. High rental yields of 9-10% achievable

Investment return projection

Development is 30% under the nearest competitive development. Can assume >15% growth per annum.

Property features / Development facilities

American Kitchen
BBQ Area
Reception
Outdoor Pools
24 hour security
Private Parking
communal gardens
Balcony

Payment terms / Estimated completion

Prices from 126,612 Reais
3,000 Euros reservation deposit
25% on contract
6 equal payments during construction (10.83%)
10% on completion
Estimated completion: May 2011
Bank guarantee / construction guarantee: -
Building license: Yes

Total units & property prices

Number of Units: 42

2 bedroom Apartment: 57,000€ - 60,000€

Not found what you're looking for? Try searching for Off plan investments

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11th September 2010