Taiba Beach Resort

New-development, Off Plan Investments

Apartment

Taiba, Fortaleza, Brazil

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Description

Taiba Beach Resort will be one of the most exclusive of the resorts being planned in the area around Fortaleza. It integrates a modern resort with a unique, picturesque fishing village. The resort is a direct extension of the village centre, with short distances to everything Taiba can offer.
The resort was designed by a Norwegian and a Brazilian architect. The result is Norwegian functionality and effective floor plans, combined with Brazilian materials.

Location

Due to recent investments Taiba is an area that has changed rapidly in the last 12 months and those changes are going to continue for the next few years. Its roads have been paved in an attractive fashion with excellent street lighting and street and beach maintenance is truly excellent. Taiba is home or 2nd home to a creative and interesting community of locals and foreigners alike. Many boutique restaurants and pousada hotels have started opening and it has gained quite a reputation as a gourmet location due to its high quality, yet very affordable restaurants, and the Taiba annual food festival which attracts over 10,000 visitors.

Investor View

Superb beach front location with excellent value for money property. Beach front locations will be always appreciate well and be in demand

Investment return projection

25% - 35% per annum based on current market trends.

Property features / Development facilities

Spa
Reception
Outdoor Pools
Volleyball
Tennis court
Beachfront location
Mini-golf
Fitness Centre
Children's playground
Kite Surfing centre

Payment terms / Estimated completion

-20% of the purchase price at the signing of the purchase contract.
-30% when construction starts
-30% when the roofs have been laid.
-20% + 630 Euros in start-up capital for the condominium + costs of 6% fall due 14 days before completion at the
Estimated completion: December 2008
Bank guarantee / construction guarantee:
Building license:

Total units & property prices

Number of Units: 152

1 bedroom Apartment: 63,000€ - 70,000€
2 bedroom Apartment: 103,000€ - 111,000€
3 bedroom Apartment: 135,000€ - 206,000€
3 bedroom Townhouse: 224,000€ - 224,000€

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22nd November 2008