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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

AIPP

SPC Overseas is a proud member of the AIPP (Association of Independent Property Professionals), the international property market industry regulatory body.

AIPP is not-for-profit organisation that is improving standards of professionalism in this market. In a largely unregulated industry, AIPP Members voluntarily agree to follow a strict professional Code of Conduct and Dispute Resolution Procedures, which offer protection to our clients.

As a member of AIPP, SPC Overseas is duty-bound to act with honesty, transparency and integrity in all dealings with the public and with its peers. For more information please visit www.aipp.org.uk

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Edifício Dr. Geraldo Furtado

New-development, Off Plan Investments

Apartment

Petropolis, Natal, Brazil

Price:

Bedrooms:

Bathrooms:

Unit size:

Ref:

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Description

Value for money development in the top district in Natal. Just 86 apartments over 26 floors. Ideal apartment for professional couples or young families in one of the most sought after locations in Natal. Walking distance to popular shops, chic bars and restaurants and to the beach.

OPTIONAL RENTAL GUARANTEE 0f 6% for 4 years Three choices of well distributed 2 bed room apartment layout offering maximum use of space for everyday living.

Location

Petropolis one of the best and most established neighbourhoods of Natal. It has been classified by the local government as one of the four most exclusive residential neighbourhoods of Natal, and the neighbourhood of northern Natal with the highest monthly average income. Surrounded by chic shops, bars and restaurants as well as shopping centres and universities, and within easy reach of both the business district and the beach, including the coastal road leading to Ponta Negra (Natal's most famous beach), this area has been extremely popular with the local Brazilians since Natal was founded.

Investor View

Top pick investment in Natal today. Best value development in the area by far. High rental yields of 9-10% achievable. Solid to Stellar capital appreciation expected. Clear EXIT STRATEGY from outset. Recommendation: STRONG BUY

Investment return projection

Development is 20% under the nearest competitive development. Can assume >15% growth per annum.

Property features / Development facilities

Sauna
Pool Bars
Games Room
BBQ Area
Reception
Outdoor Pools
24 hour security
Private Parking
Heart of the city
Hammack area
Sea View
Children's playground
communal gardens
Laundry room
Balcony
Internet and wireless

Payment terms / Estimated completion

Contract prices in Brazilain Reais
BRL 142,000 - BRL 259,000
25% on Contract / start of construction
8 equal payments
10% on delivery

Estimated completion: January 2013
Bank guarantee / construction guarantee:
Building license: Awaiting Flnal License

Total units & property prices

Number of Units: 86

2 bedroom Apartment: 60,500€ - 110,000€
3 bedroom Apartment: 102,000€ - 141,000€

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

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4th February 2012