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Kariri Beach

New-development, Off Plan Investments

Apartment

Cumbuco, Fortaleza, Brazil

Price:

Bedrooms:

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Description

At Kariri Beach Residence, freehold apartments to the highest standard are being built. Brazil's most luxurious golf courses are being built here too. The site will include grass landscaping, tiled patios and terraces, bar, swimming pool and cascades.

The developer has made arrangements with a reputable travel operator to rent out your apartment should you wish to do so. All the apartments are situated right on the beachfront with ocean views. Although you own your apartment, you can also enjoy the luxuries of an exclusive hotel such as round-the-clock receptionist and room service, and cleaning on demand.

Location

Cumbuco has it all: natural beauty, miles of sandy beaches, a beautiful freshwater lagoon, a rapidly growing infrastructure. The town has restaurants and bars, a pharmacy, a medical centre, and plenty of shops, including a supermarket: the infrastructure and the town itself are growing rapidly - with, as we have noted, a strong potential for rising property prices to match. The city of Fortaleza is less than 40 km away.

Investor View

Excellent capital appreciation and potential for rapid growth in property values is enormous. New-build investments in Brazil is expected to exceed a billion dollars during the next few years making this an even more desirable area.

Investment return projection

Estimated 25% - 35% per annum, based on current
market trends

Property features / Development facilities

Indoor Pool
Beach Club
Gymnasium
18 hole golf course to be built in vicinity
Private Parking
Luxurious gardens
Elegant lobby
Air-conditioning
Satellite and cable TV
Internet and wireless
Exclusive bath
Downlighting in all rooms
Light colours throughout
Attractive tiled floors

Payment terms / Estimated completion

- 3000 Euros reservation fee
- 20% Signing the private contract
- 30% at the start of construction
- 30% payable when the roof has been completed
- 20% on completion
Estimated completion: February 2008
Bank guarantee / construction guarantee: Yes
Building license: Yes

Total units & property prices

Number of Units: 98

2 bedroom Apartment: 87,300€ - 105,900€

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28th August 2008