Luxury Beach Apartments in Fortaleza   

We are pleased to detail our latest opportunity in the beautiful city of Fortelaza,  North East Brazil. We have secured a limited number of units in this amazing beach located apartment complex and there are high levels of purchasing by Brazilians. To illustrate this 66% of the development is already reserved just 2 months after release of units.

• - Limited units available, highly sought after by Middle Class Brazilians       
• - Best location in Fortaleza     
• - Capital appreciation forecast 20% pa   
•    -Prices from just £78,000   
•   -Excellent payment plan 30% initial deposit from £18,500 and balance over  3  years    
•    -Multiple exit plans    
•    -Comparable developments at R$8000 per sq M vs R$5000 per Sq M  
•   -5% price increase 20 January 2009, 66% of development sold in 2 months  

Fortaleza

•        South America's closest point to Europe and same distance to the USA 

•        4^th biggest city in Brazil   

•        More than 3 million citizens   

•        Economic growth bigger than Brazil’s average   

•        The favorite touristic destination for Brazilians   

•        Home of the biggest water park in South America   

•        Has one of the largest urban beaches in Brazil (Praia do Futuro)   

•        Housing Deficit of approximately 154.000 units   

•        Cost of Living is 30% of Europe

•        Fortelaza Airport is serviced by regular direct flights from the US, UK and the rest of Europe and just 6 hours to Lisbon.

The Development   

•  Two service and relax floors  
• 4 apartments per floor, 88 apartments per tower  
• Kids room  
• Games saloon  
• Sauna, Showers  
• Reception  
• Hallway  
• Events hall  
• Solarium  
• 25 meters (83 yards) swimming pool;  
• Landscaping project  
• Home Theatre  
• Laundry  
• Male and female dressing rooms and restrooms for employees 
• Three elevators in each towers 

Also see  Affordable Housing Brazil    Affordable Housing Brazil Projects

Why Brazil 

• Brazil is one of the BRIC countries (Brazil, Russia, India, China). It is the only one to have a full democracy and low risks of war, terrorism, SARS and hurricanes. Morgan Stanley Capital International recently reported that Brazil has become the world’s biggest emerging market, displacing China.     
• Brazil is self-sufficient in energy and raw materials, helping to insulate it from any downturn in Western and US economies. Many press reports state that Brazil is unfazed by the financial crisis in the US and Western Europe caused by the collapse of sub-prime mortgages and house prices.   
• Inflation was 3% in 2007, well below the official target.  This has allowed a steady reduction of interest rates whilst much of the world has seen increases . Brazil’s benchmark fixed lending rate has fallen from 21% in 2005 to 12.5% in 2007. The government of Brazil expects this to continue falling to 9.5% by 2010.   
• Fitch Risk Management Inc confirmed the investment grade of Brazil in BBB.  
• “Brazil is more protected because it has more than US$ 200 billion in International reserves and the economy is less dependent of exportation”  
• The Brazilian economy is expecting a considerable boost following the discovery of what is believed to be the world’s largest offshore oil field. The “ultra-deep” Tupi  field off the coast of Rio de Janeiro is unlikely to fully come on line until 2013 but is expected to have a total value of US$25 billion to US$60 billion allowing Brazil to join the ranks of the World’s top 10 major oil exporters.  
• Additionally, the Government is actively encouraging tourism growth which is viewed as a means of fast tracking economic growth.   
• Investor confidence in Brazil is best exemplified by the massive growth of foreign direct investment (FDI) flowing into the country, which doubled in 2007 to US$37.4 billion,exceeding FDI flows to Japan and India (Brazil Central bank figures)  
• Foreign investment in new construction and real estate projects in Brazil jumped 35% to US$2 billion last year, the fastest expansion in three years.  Starting in mid-2005, more that 25 real estate companies have debuted on the Brazilian Stock Market, raising more than R$17 billion.   

Why North East Brazil 

• The programme for the development of tourism in the North East has invested in excess of $736 million in several hundred infrastructure and transport projects  
• In 2014 Brazil will host the Football World Cup, with 3 North Eastern cities, including Fortelaza. Brazil is also hotly tipped to win their bid to host the 2016 Olympic Games when the IOC reaches its decision next year.  
• Housing deficit in Brazil is estimated at 7.9 Million homes and set to rise to 12.5 Million by 2023. According to the house building charity Habitat for Humanity, the greatest deficit in affordable housing is in the Northeast states of Brazil - Maranhao, Piaui, Ceara, Rio Grande do Norte, Pernambuco, Bahia, Alagoas and Sergipe.  
• As an example of regional housing shortages, the state of Ceara has a deficit of 424,321 homes whilst Fortaleza, the capital city of the state, has a deficit of 156,335 homes.   
• The recent availability of 240 month mortgages (previously 60 months), record low interest rates and rising wages have led to record mortgage borrowing, and government guarantees for low-income homebuyers are making low cost homes attractive   

 

Bookmark this page

Facebook Digg Delicious Google Bookmarks Reddit Stumbleupon Twitter Technorati

• Plan for you retirement, buy off plan in Brazil. | retireinbrazil.info - Sunday, September 27, 2009 News Feed Comments retireinbrazil. Why is off plan a good idea, because if you are planning retirement and are not necessarily ready to move now then off plan provides options, as long as you pick the right apartment you will make a profit on the purchase should you wish to sell it, so, if you buy into one of these deals and then decide on a different apartment, area or country, then you can simply sell the off plan apartment and take you capital and profit elsewhere. Choose carefully, but essentially, if you like the look of it and are prepared to buy into it, then it's likely others will to.

• Things to Do in Brazil : John's Brazilian Blog - Life "> Search: Topics: Select category Brazil buyers guide Brazil news Investing in Brazil Joao Pessoa unfortunately Brazil lags far behind in this area, but it improves every year. In 1997 statistic data shows 600 million international tourist trips, of which only 3 million went to Brazil that is less than half of one percent. However the number is growing every year, as Brazil can offer 5 thousand miles of beach, a nice tropical climate, the greatest rain forest on Planet Earth and a wonderful friendly people.

• Fortaleza Beachfront land plots | Real Estate Blog | Overseas ... - caption id= align=aligncenter width=600 caption=Beachfront Land Brazil][/caption] FORTALEZA BEACHFRONT LAND PLOTS FOR SALE BRAZIL Fortaleza in.

• Is The Best Beach in Brazil at Praia de Sibauma? | Real Estate ... - Brazil beaches are said to be the best and Praia de Sibauma is now very highly rated but what makes the best beach.

• Brazilian Property & David Beckham | Real Estate Blog | Overseas ... - Your Views © 2008 Real Estate Blog | Overseas Property |HomesGoFast.

• Crime in Brazil Is Not As Bad As the Statistics Indicate : John's ... - Brazil has a liberal juvenile justice system that seems far too lenient on youthful offenders. These factors have contributed to the high level of crime in Brazil. There is a considerable amount of freedom in Brazil.