, Natal, Brazil
From: £ 18,000.
2 Bed Apartment
Property description:
Fantastic 2 Bedroom Apartments Located Within Natal.
Great Investment opportunity with high rental and capital returns expected.
Ideal for investment and holiday home purposes.
Property features:
Property particulars:
Cosmo Development
2 Bedroom Apartments that are fantastic for investment purposes, located within the centre of Natal.
The development offers an ideal long or short term investment opportunity.
Cosmo is an excellent pre-release opportunity for investors.
It is situated in the Tirol neighbourhood, one of the best areas of Natal’s city centre. Tirol is according to recent studies, the neighbourhood with the highest real estate revaluation of Natal. This is due to the economic situation of the country, with a growing middle class demanding this kind of product.
Cosmo is an apartment condominium synonymous to modernity and functionality. From the outside, the boldness of the project delights even the most conservative viewer.
Once inside the apartments, everything has been planned to surround its occupants with comfort and functionality.
Location
The Tirol neighbourhood is located in one of the most luxurious areas of Natal. It really is an essential centre in town where the most high value houses and commercial offices can be found door to door.
With direct access to the Park of the Dunes - a natural reservation of Atlantic Forest - and to several beaches, Tirol enjoys a privileged location. And being the city's central area turns the neighbourhood into one of the safest and best connected in town. No different from any other big city, the centre of Natal has become a major business centre.
Today, demand for flats, apartments and houses in Tirol surpasses the current supply, due to both the lack of available plots and to the fact that it is simply one of the most sought after areas in town.
· Close to Midway Mall, Natal's largest shopping centre
· The business hub of the city
· Airport only 15km away, new international airport only 16km away
· The area is experiencing huge local demand for residential property
· Clean, safe and friendly location
· Endless beaches and unspoilt nature
· Warm, sunny, tropical climate all year round
The Apartments
29 floors
5 apartments per floor
2 bed apartments
1 bed penthouse apartments
290 units in total
3 types of apartments in the development:
168 ‘Type A’ 55m2 apartments (84 in the North Tower and 84 in the South tower)
116 ‘Type B’ 53m2 apartments (58 in the North Tower and 58 in the South tower)
6 ‘Type C’ 109m2 penthouses (3 in the North Tower and 3 in the South tower)
Individual terraces
Breathtaking sea views available
The Facilities
Allocated underground parking
Swimming pool
Barbecue area
Gym
Wi-Fi
Panoramic lift
Bars
Restaurants
Shops
The Investment
Low risk investment due to the sustainable growth of the Brazilian residential property market
Estimated capital growth of 20% per annum
Estimated rental yields of 10% per annum
Simple and secure buying process
Units are 100% freehold
Located in one of the most promising emerging markets, and in the popular Tirol neighbourhood of Natal city centre
Property valuations in the neighbourhood have increased from an average of 500 BRL per m2 in 2003 to 2,500 BRL per m2 in 2007
A developing middle-class and increased access to finance has pushed prices up