| Ref No. HRQ10258 > Garapua Beach Resort, Bahia, Brazil. Overseas Investment Property |
Price: £
From £175,000
|
| Property Type: | Villa |
| Category: | |
| Location: | Beach |
| Status: | AVAILABLE |
| Bedrooms: | 1 |
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Luxury One Bedroom Detached Villas in Garapua Beach Resort, Bahia, Brazil. Overseas Investment Properties. An exciting investment opportunity where you can purchase off plan luxury property (Fully furnished) which is up to 50% less than the expected completion value. 100% finance is available subject to terms and conditions. The investment plan offers a 70% guaranteed mortgage on completion with a 10% guaranteed rental income per annum for 2 years. The property will be managed by a 5* Hotel & Resort company. After the second year you will receive 50% of the pooled rental income which is expected to be over 20% per annum of your orginal purchase price. Full details available on request.
Property Details
Fully furnished freehold properties
Sold off plan at up to 50% below current market value
100% FINANCE AVAILABLE!
Just £1000 to pay until completion
Mortgages available up to 70% LTV *subject to status*
No Capital Gains Tax for 20 years
Managed by a 5* Hotel company
Two years 10% rental GUARANTEED
followed by 50/50 room rate share
30 days free use per year
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.
Area Description
Bahia is a tropical paradise covered with dense vegetation of coconut and banana trees. It is one of the 26 states of Brazil, situated on the northeastern Atlantic coast and enjoys a year round tropical climate with little seasonal temperature variation, averaging 27°c and complimented by warm, soft breezes. The coastline with its calm seas is considered to be one of the most beautiful in Brazil. Garapua Beach Resort will be situated on Ilha de Tinhare, a pretty little island 60km south of Salvador in the Baia de Todos os Santos (the Bay of All Saints). The island is considered to be one of the most desirable tropical destinations in the world and is the tenth most visited place in Brazil. With beautiful beaches and calm, crystalline, warm waters, Atlantic rainforest, mangroves and coconut groves that are home to a stunning array of flowers, colourful birds, monkeys and marine life. The island is home to a few small fishing villages, the largest of which is Morro de Sao Paulo, with beautiful colonial architecture and historical monuments. Salvador is the third largest city in Brazil and was the first colonial capital of Brazil, renowned for its cuisine, music and architecture. Each February it is home to a week long Carnival which is considered to be the biggest street party in the world. 2 million people celebrate throughout 15 miles of streets, avenues and squares and an average of 800 thousand visitors descend on the city to participate.
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Disclaimer: Property Winners Ltd does not accept any responsibility for any errors or inaccuracies in the above property or financing information, details of which have been supplied by a third party. You should ensure that either you or your legal representative has suitably checked all relevant information before committing to purchase a property.
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