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- Plots from US$30,122
- Finance options available
- Earn 10-15% from land capital growth
- Build a villa for instant equity
- Get 8-12% on completion
- Let your villa short term
- Up to 11.18% rental returns p.a
- All options have 100% freehold title
This 5* development will be a luxury lifestyle resort providing an idyllic paradise for holidaymakers and residents alike. Situated in the state of Ceará in Praia de Guajiru, the resort will be set across one million square meters of beautiful sand dunes, exquisite Atlantic beaches, cool lagoons, tropical coconut plantations and next to a natural lagoon.
The resort has been designed to create a community feeling with luxurious accommodations and comprehensive facilities in harmony with its exquisite surroundings. A wide choice of real estate options from private villas to beachfront apartments will be offered alongside a long list of onsite amenities. The properties and amenities at this idyllic oasis combine to make The Coral one of the most exclusive residential and tourist resorts in Northeast Brazil, and the ultimate well-being destination.
Demand for property and luxury holiday homes
Northeast Brazil is an established property market for domestic buyers and a growing market for international investors. Brazilians choose the north east as their favourite holiday and second home destination due to the ideal climate, its affordability and the investment potential of owning property in the area. Strong demand comes from Brazil’s wealthy middle and upper classes. There is a clear opportunity to earn from residential real estate and tourist resorts by investing in Northeast Brazil.
Demand for quality accommodation and exceptional resort experiences in the north east comes from Brazil’s wealthy middle and upper classes, seeking second homes in their favourite holiday destination. Ceará is experiencing pent-up demand with a deficit of around 400,000 units. High-end homes are particularly sought-after – searches for property priced at over R$1 million rose by 92% in year to September 2015.
In the year to February 2017, property in Fortaleza was one of the best performing in the country registering a 7.34% increase, according to Hiperdados, a company specializing in market data. Accoridng to the Fipezap Index, Fortaleza property prices have increased by 83.1% between March 2010 and March 2017.
A strong middle class and diverse economy
Brazil is the largest economy in Latin America and the Caribbean, and ranks ninth in the world. In the decade to 2015, GDP expanded by an average of 2.76% a year. The growth of wealth in the country has had a direct effect on Brazilians themselves and between 2004 and 2014, 35 million Brazilians joined the middle class which today represents over 50% of the population, an incredible 104 million people.
Brazil has a diverse and sophisticated economy. It is completely energy self-sufficient and has huge natural resources such as oil and gas. In 2016, Brazil was the ninth largest oil producer in the world, ahead of countries such as Norway and Qatar.
One of the world’s most attractive investment destinations
Foreign direct investment in Q1 2016 rose by 30% compared to Q1 2015 and Q2 2016 saw similar levels. Returns on Brazilian stocks in Q1 2016 rose by 33% when the BOVESPA was the best-performing exchange in the world. In recent years, major multinationals such as Oracle, Santander, Unilever and Jaguar Land Rover have established themselves in Brazil as the most cost-effective way of accessing the country’s giant consumer market.
Brazilians have money for holidays as tourism booms
Wealth across the board has dramatically increased in Brazil. Government schemes have lifted millions of people out of poverty. Increased employment and higher salaries have created a booming middle class. For the first time, many Brazilians are now able to take a holiday – a survey carried out by the Ministry of Tourism in mid-February 2017 found that 60 per cent of Brazilians planned to visit Northeast Brazil during this year.
International tourism is also experiencing a boom, particularly in the wake of the 2014 FIFA World Cup and 2016 Olympic and Paralymic Games. Nearly half a million foreigners attended the Games and 87% of them said they would return to Brazil, now firmly on the international destination radar. Foreign spending rose by 7% in the first six months of 2016.
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INVESTORS EYES ON BRAZIL
According to the Financial Times
RISING GDP + WEALTH
IMF 2017 predictions
STRONG STOCK MARKET
Best-performing emerging market
ULTRA HIGH NET-WORTH
Set to increase further 35% by 2025
RECORD FOREIGN TOURISM
Brazilian tourist revenue up 16%
BEST TOURIST DESTINATION
6th most popular nationally
BRAZIL REAL ESTATE
Foreign Investors Real Estate Survey 2017
FORTALEZA PROPETY PRICES
4th highest in the country
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