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Home Property Details

The Cosmopolitan Residencial development, Rio Grande Do Norte, Brazil

(BRL) 187,150 to (BRL) 222,677.

1/2 Bed Apartment, Penthouse

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
* The domestic mortgage market is expected to increase 600% by 2014
* With a high demand, fast growing middle-class economy and already over 1 million inhabitants, a clear primary market from amongst Natals locals is already in place for this type of investment

The Exit Strategies

The Cosmopolitan Residencial development offers an ideal long or short term investment opportunity

* Strong resale potential to the local market who are now able to finance purchases for up to 20 years
* The local area offers a healthy buy-to-let market, with a steady supply of long and short term tenants, and realistic rental returns of around 10% per annum
* Banco Santander claims there is a shortage of 8 million housing units for Brazil’s fast-expanding middle-class

The Security

As part of IPIN's due diligence process, this project has undergone initial legal searches by an independent law firm.

* The building license has been issued
* The proposed draft of the Private Purchase Contract has been examined and certified to conform with all necessary legal requirements
* Company registration documents have been verified
* Land title confirmation has been obtained.



 
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