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Outstanding Opportunities in North-East Brazil

July 27, 2010Article by Ray Withers

Property Frontiers is currently marketing property in Brazil for sale:

Edificio Dr Geraldo Furtado is an exclusive development of 86 apartments by the award winning Grup Immobiliari.  The block is situated in the upmarket Petropolis district of the city of Natal, capital of Rio Grande do Norte in North-Eastern Brazil.  Natal is known in Brazil as ‘Cidade do Sol’ or ‘City of the Sun’.

The apartments have been selling extremely quickly and demand is high. However a third of the units are still available at 20% below market price.

Outstanding Features Include:

•    Instant Gain of 30% on completion
•    6% Guaranteed Net Yield for first 4 years
•    Price held at 20% below market value
•    Initial investment as low as £14,420
•    Previous Grup Immobiliari developments have doubled in value

This is a rapidly expanding economic area with enormous potential for further growth – a geographical and cultural gateway to Europe, North America and West Africa.  Tourism is growing and Natal will soon have the largest airport in South America.

Natal’s burgeoning middle class is expanding rapidly and fuelling demand for high quality affordable housing.  In Brazil as a whole, there is a chronic under-supply of 8 million residences – estimated to grow to 28 million by 2020!  Nowhere is pressure more intense than in the North-East and now is certainly the time to invest in this area of Brazil.

More information: Contact Property Frontiers about property in Brazil, by emailing info@propertyfrontiers.com or calling +44 (0) 1865 202700.

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.

Author

Ray Withers

Ray has over 17 years’ experience in the international property market and bought his own first international property investment back in 2002. Aside from running Property Frontiers, Ray has been involved in residential, hotel, student and commercial property investment and development in both the UK and overseas and co-wrote "Where to Buy Property Abroad - An Investor's Guide". As Founder and Trustee of the Frontiers Foundation, Ray is directly involved with many of its projects to ensure they have a direct and tangible impact in individual communities across the globe. He is passionate about property, travelling, scouting out new opportunities and finding time to spend with his young family.
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