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Natal Seems to Have It All
July 20, 2010Article by Ray Withers
Property in Natal, Brazil is set to be one of the most popular investments in the world, according to international property investment consultancy Property Frontiers. The firm believes that the city is on track to become one of the top cities, not only in Brazil but also in the world, and that demand for property for sale and to rent, as well as prices and rates will grow massively during this time.
Property Frontiers are currently marketing property in Natal, Brazil for sale, including an apartment complex of affordable apartments targeted at the local market, and apartments and villas in a luxury resort complex — something for everyone you could say.
The firm’s affordable housing investment is the Edificio Dr Geraldo Furtado development, offering 2n bed units at £64,650 and 3 bed units at £89,000. Initial investments can be as low as £16,250. The block is situated in the upmarket Petropolis district of Natal, capital of Rio Grande do Norte in North-Eastern Brazil. Shops, bars and restaurants are all within walking distance, and a business park and the beach within a short drive.
Apartments are selling at 20% below market price and for those who reserve an apartment now, the developer has promised to arrange and pay for a free flight to Natal. The developer, award-winning Grup Immobiliari, has also guaranteed a 6 per cent net yield for the first four years.
Natal is known in Brazil as ‘Cidade do Sol’ or ‘City of the Sun’. This area of the country is rapidly expanding economically, with enormous potential for further growth. Tourism is increasing and natal will soon have the largest airport in South America. This region of Brazil forms a geographical and cultural gateway to Europe, North America and West Africa.
Property Frontiers is the only company dedicated to supporting investors in the world’s most investable property markets and concepts. Our mission is to research new investment opportunities, to educate and inform about all aspects of the international property markets and to support our clients at all stages of the investment process.
102 – 104 St. Aldates
Oxford OX1 1BT
Phone: +44 (0) 1865 202700
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