Property Details
- Property: Flat (Off Plan)
- Bedrooms: 1
- Bathrooms: 1
- Receptions: N/A
Garden Studio flat
£1,000 Reservation Fee ONLY - nothing more to pay
30% Deposit raised and repayments made by developer
70% Loan to Value Mortgage on completion
Optional Cash Back
Features
Luxury beach front Spa Resort on this stunning coast of Brazil called Garapua Beach Resort
Which will incorporate a Gary Player Signature Golf Course, Pat Cash Tennis Academy, Football Academy, Trader Vic’s restaurant, Senor Pico’s and Mai Tai Lounge.
They developer is proposing to sell freehold plots of land from 450 sq m at up to 50% below market value and providing the owners of the land with the option to build a property within 5 years of receipt of title to the land. Owners of the land will be able to choose from a selection of property designs which can be customised to their individual requirements.
The plots of land are situated in what will become an exclusive gated community with landscaped gardens and swimming pools within a 5 star luxury beachfront spa resort. Residents and guests will have full use of the facilities within the resort. The hotel operator will manage and maintain the public areas within this area.
Just £1,000 down with nothing more to pay until completion when a 70% LTV mortgage is offered.
Prices start from £55,000
Below market valuation property
2 year 10% rent guarantee
Followed by a 50/50 share of the rental income
30% deposit assistance by developer
Fully furnished
30 days FREE use per year
SIPP compliant
Cash back on completion option
Why this is an Excellent Investment Opportunity
Real estate investment is growing due to the increasing popularity of Bahia as the favourite holiday destination of Brazilians because of its year round climate, pristine beaches and the excellent infrastructure already in place. It has excellent accessibility with flights into Salvador from Europe and the USA yet is still underdeveloped as a tourist market internationally and is predicted to grow exponentially. There is a huge demand for tourist accommodation and the property market is booming with foreign investment increasing as there are no restrictions on foreign ownership and inward investment is being actively encouraged by the Government. Brazil is also hosting the 2014 World Cup and is bidding for the 2016 Olympic Games.
Garapua Beach Resort will be a 5* luxury spa resort situated right on the beach, on the island of Ilha de Tinhare on the north east coast of Brazil 60km south of Salvador in the Baia de Todos os Santos (The Bay Of All Saints). The island is considered to be one of the most desirable tropical destinations in the world and is the 10th most visited place in Brazil. With beautiful beaces and calm, crystalline warm waters, atlantic rain forrest, mangroves and coconut groves that are home to a stunning array of flowers, colourful birds, monkeys and marine life. The island is home to a few small fishing villages, the largest of which is Morro de Sao Paulo, with beautiful colonial architecture and historical monuments.
Bahia is a tropical paradise covered with dense vegetation of coconut and banana trees. It is one of the 26 states of Brazil, situated on the northeastern Atlantic coast and enjoys a year round tropical climate with little seasonal temperature variation, averaging 27°c and complimented by warm, soft breezes. The coastline with its calm seas is considered to be one of the most beautiful in Brazil.
Salvador is the third largest city in Brazil and was the first colonial capital of Brazil, renowned for its cuisine, music and architecture. Each February it is home to a week long carnival which is considered to be the biggest street party in the world. 2 million people celebrate throughout 15 miles of streets, avenues and squares and an average of 800 thousand visitors descend on the city to participate.
Why Pay More for your Property?
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