The Coral is an award-winning new development located in one of the most beautiful natural environments in Northeast Brazil. Nestled between a stunning natural lagoon and the warm waters of the Atlantic, The Coral offers absolute luxury resort living.
The resort has been recognised for its excellence winning six awards. The Coral won The Best Development in Brazil by the International Property Awards in 2009 and 2010. In the 2014-2015 Americas Property Awards, The Coral won four awards. Two for its villa designs, one for Residential Development in Brazil and Mixed Use Development in Brazil.
This five-star 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.
Full planning approval has been granted and ground works are well underway. The resort has been designed to create a community village feeling alongside luxurious accommodations, surroundings and amenities. A wide choice of real estate options from private villas to beachfront apartments will be offered alongside a comprehensive list of onsite amenities and facilities designed to relax and invigorate residents. 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.
Properties at The Coral will be highly sought after by the growing affluent Brazilian population who choose to holiday in the north east every year. The resort will cater to the growing demand for high quality accommodation and luxury holiday experiences.
A comprehensive list of onsite services will ensure that the living experience for each and every individual is relaxed and personalised, complementing the exclusive lifestyle at The Coral. Onsite amenities will include:
- An eco-friendly boutique hotel with 40 private suites and Spa.
- Well-being centre with treatment pavilions for yoga, meditation reflexology, aromatherapy, hot stone therapy and relaxing massage
- Fitness complex with state-of-the-art gymnasium and spa facilities
- Sporting activities including tennis, badminton, table tennis, beach volley-ball, basketball and kite surf school
- A number of dining and leisure experiences including a beach club and lagoon-side clubhouse and grill-style restaurant
- Retail conveniences including a bakery, supermarket and internet café
The utmost attention has been paid to ensure that residents and visitors alike enjoy privacy and exclusivity of each and every home at The Coral. Real estate options will include private villas and luxury apartments.
Villa plots are grouped into small enclaves of around 20 villas and offer a variety of elevations, orientations, shapes and sizes. There are seven villa designs to choose from each with their own unique architectural design characterised by open spaces, high ceilings with large windows and terraces to benefit from the cool Atlantic breezes. All properties are designed to be low density and private.
The Coral will offer 700 exquisite building plots distributed across various terrains. The resort will be divided into 5 individual communities each taking advantage of its own unique landscape.
Sunrise Beach has a highly sought-after beachfront location and will comprise of 52 villa plots, two apartment complexes and a beach club. Properties in this frontline beach community will enjoy breath-taking views over the Atlantic Ocean.Rio das Palmeiras
Rio das Palmeiras will offer 120 unique villa plots grouped into 6 stunning enclaves of 20 properties. The plots will be nestled amongst coco palms with a freshwater stream winding throughout the community, and only a short 400 meter walk to the beach and beach club.Lago Doce
Lago Doce is the central phase of the resort and home to the boutique hotel and retail outlets. This community offers 109 villa plots including 10 of the largest in the resort. These exclusive plots are bordered by freshwater streams, are situated adjacent to the lagoon and enjoy preservation areas on both the east and west sides guaranteeing absolute privacy.Royal Dunes
Royal Dunes is in an elevated position giving building plots exceptional panoramic views in all directions. This community offers 188 plots. The eastern edge of this sector is bordered by an exquisite natural habitat with a small lagoon and freshwater stream.Lago do Mar
Lago do Mar is the first phase upon entering the resort and lies adjacent to the beautiful freshwater lake. This sector offers 107 individual building plots and an apartment complex that enjoys stunning views out towards the lagoon and the Atlantic Ocean. The apartment complex will be complete with sports courts and swimming pool.
Respecting the spectacular environment within which the resort is located, The Coral will be a sustainable development designed to be in complete harmony with its natural surroundings. Every effort will be made to preserve the natural habitats and landscape.
The Coral will be a low density development with stringent building height restrictions to ensure the resort harmonises with its surrounding landscape and that the skyline is kept as nature intended. Approximately only 50% of the site will be constructed on, ensuring designated Green Zones onsite are preserved and that the resort retains the authenticity of its natural environment.
Investing in The Coral is a fantastic opportunity to own a spectacular property in a leading luxury resort in Northeast Brazil with a number of strategies and exit options to choose from.Investment Level
Current plot prices start from US$30,122.Land Capital Growth
Buying a plot to hold and sell at a later date is estimated to return between 10% and 15% capital growth per annum.Build a Villa for Instant Equity
Buying a plot and building a dream villa is estimated to return instant equity of between 8% and 12% on completion.Rental Returns
The projected annual rental return for villas at The Coral is between 8.79% and 11.18%.Exit Options
Investors have the option to sell their plot, sell an off-plan villa on their plot, build a villa on the land and sell it upon completion, or keep it for personal use or to let for an additional income stream.
The Exit Market
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. Prices went up by 2.88% year-on-year in August 2016, the sixth highest in Brazil where prices fell by 0.03% overall (FipeZap Asking House Price Index August 2016).
The Coral is located in Praia de Guajiru, in the state of Ceará, part of the idyllic beaches in Trairi on the Atlantic coast and about 90 minutes from Fortaleza. With the recent upgrade of the Fortaleza-Trairi road to dual-carriageway, Guajiru is increasingly being discovered as a superb holiday destination for Brazilians as well as international visitors. In 2015, the best-selling Argentinian broadsheet La Nación referred to it as “the last big secret in this relaxed region” and Ceará beaches ranked top in The Huffington Post’s 7 under the radar destinations that will ignite your sense of wonder.
The eighth most populated state in Brazil, Ceará ranks as one of the country’s main tourist destinations with around half a million tourists a year. This figure has steadily increasing since Fortaleza was a host city in the 2014 FIFA World Cup. In Q2 2016, the state received the second highest foreign investment by individuals in Brazil, second only to Sao Paulo.
Other mainstays in the state economy are Pecem Port, telecommunications and agriculture. Cargo handling at Pecem Port rose by 96% in the year to June 2016 and the Port is home to the giant Pecem Steel Corporation. The installation of seven submarine cables has made Fortaleza one of the main telecommunications hubs in Latin America. In 2016, the coconut processing company Cohibra installed a large processing plant near Trairi with an investment of R$100 million creating 1,500 direct jobs.
Fortaleza is the 5th largest city in Brazil, the state capital of Ceará and one of the top tourist destinations in the north east for Brazilians. It is a lively, cosmopolitan city, home to 3.6 million people and situated in beautiful surrounding areas characterised by spectacular sand dunes and beautiful blue-green waters of the Atlantic Ocean. It boasts 34 km of exquisite beaches, different parts of which are renowned for a unique offering. Praia do Futuro is known for its barracas – simple, kiosk-style restaurants on the beach serving fresh fish and seafood; Iracema is popular for its bars and nightlife; Mucuripe beach is a known fisherman’s launching point; and Beira Mar has daily traditional craftsman.
Brazil’s Success Story
Brazil is the largest economy in Latin America and the Caribbean, 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 gas. In 2015, Brazil was the 13th 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. Returns on Brazilian stocks rose by 39% 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 in August 2016 found that nearly 75% of Brazilians expressed the intention to holiday in Brazil over the next six months. The same survey revealed that the preferred destination for the vast majority (41%) is Northeast Brazil, well ahead of the nearest competition, the South with 26.6%.
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.