| Excellent Property Investment Opportunities in Brazil
Our Developer is purchasing 1,700 acres of land in Bahia, Brazil
with a view to creating a 5 star luxury spa resort called Garapua
Beach Resort in which it intends to incorporate a Gary Player Signature
Golf Course, Pat Cash Tennis Academy, Football Academy, Trader Vic’s
restaurant, Senor Pico’s and Mai Tai Lounge. Negotiations
are underway for these brands to be included in this resort.
They are 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.
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.
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