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1 Bed Apartment in Maceio BRAZIL in Alagoas

Property Particulars

Prices from EUR 47,000

Bedrooms: 1
Tenure:
Bathrooms: 1
Property age:

Property Description

This is the first development in the Northeastern Brazil that combines residential and office properties within the same development. Rental potential is forecasted at 5-8% for the three first years, followed by double-digit rental ROI on longer term.

THE DEVELOPMENT

This is the first development in the Northeastern Brazil that combines residential and office properties within the same development. Located right in the city center first-line to the beach, rental potential for these units is truly without limits. Clients can buy a commercial property, which can be rented out to companies, or choose between the range of 1-3 bedroom residential apartments. Rental potential is excellent in this high quality development and for the three first years a rental return of 5-8% is expected, and on longer term double-digit rental ROI is to be expected due to very low price of the apartments compared to the high quality of this project.

This absolutely stunning development has become the new benchmark in the property market in Maceio. Inspired from the best developments in its class, such as Rockfeller in New York, Yokohama Landmark Tower in Yokohama and Century Plaza in Sao Paulo, this first line beach city development is an extraordinary project. The developer is one of the biggest real estate companies in South America, and is extremely solid and enjoys an impeccable track record.

Facilities on site will be unique and will include several huge swimming pools on the roof, giving residents a unique and privileged place to enjoy the very best of what Maceio offers. Additional facilities are restaurants, movie theaters, laundry, game and play areas, fitness area and the whole complex will enjoy the services of the most famous Property Management company in Brazil.

The development is located in the most exclusive area in Maceio, right in the heart of the city center and next door to the famous Beach Promenade in Maceio, famous for being the most beautiful in Brazil. All delicious restaurants in Maceio are on walking distance even though residents don't have to leave the complex for enjoying the best of what Maceio offers.

The development offers its residents the best of two worlds: fast and easy access to the many city amenities, and a stunning beach just in front of the project.

With prices start from 41 000 Euros, an incredible value for money considering the quality and class of this benchmark development, this is a unique opportunity to invest in one of the most beautiful cities in Brazil.

MACEIO

Maceio is probably the hottest up and coming destinations in Northeastern Brazil. In Brazil, Maceio is one of the major tourism destinations and until recently the city has been unknown outside of Brazil. With the opening of the new international airport in 2005, in the last years this has quickly changed and the city is now the center of attention among international professional property investors. The opening of a brand new convention center in May 2005 revolutionized business tourism and holiday tourists will enjoy a vacation full of liveliness and entertainment in the local bars, nightclubs, concerts and restaurants apart from crystal clear waters and related attractions. By catering to these main groups, Maceio has ensured a very high occupancy rate through out all of its hotels and the real estate market is strong and dynamic with high quality developments.

To see a VIDEO of the MACEIO (Alagoas) area, paste this address into your browser:
( www(dot)youtube(dot)com/watch?v=MqUEJwmLjmg
The video is in Portuguese, however it gives a good overview of the area.

HOW TO GET TO MACEIO

The Maceio International airport was inaugurated in 2005. Currently it receives international flights from Italy, Argentina and Chile.

In Brazil, airlines GOL, TAM and OCEANAIR have daily flights to Maceio from most major Brazilian cities. From Europe or USA, the quickest route is to fly to either Recife or Salvador, and from there it is only a 30 minute flight to Maceio. The development is only 30 minutes by car from Maceio airport.

The number of international flights is set to increase soon, as several top international brands have bought land in Maceio and the area will in the future benefit from some of the most luxurious luxury beach resorts in Latin America.

PAYMENT TERMS

- 3000 Euros reservation fee
- Monthly stage payments until completion (31.5.2010)

PURCHASING PROCEDURE

We always recommend clients to use an independent lawyer to represent them in any property transaction in Brazil. If needed, we can introduce you to the best lawyers in the area you are buying. The buying procedure for buying property in Brazil is fairly straight forward, and follows very much the same principles as in any other modern country. Your lawyer will check on your behalf that all legal documentation is in order before any contracts are signed or any further payments are made.

Most lawyers will charge you between 1 1.5% in legal fees of the property purchase price. You can budget for approx 7,5% purchasing costs (incl. legal fees) on top of the purchase price. The fee will vary slightly depending on the area you are buying in.

All our clients have access to an on-line system where they can see the latest construction progress and news from the development they have invested in.

ABOUT US

We are a leading realtor of property in northeastern Brazil. We only promote developments and re-sale property that represent excellent value for money and represent the best possible investment potential. Our company only deals with leading Brazilian developers with a proven and long track record.

We know Brazil inside out as we are based in Brazil, and all our developments are located in prime areas. We truly believe that for a property to be a good investment, it needs to be in the best location possible, and it needs to provide the user with a unique living experience. A property investor does not make any profit until the property has been sold (or rented out to) to a future client, and if the property isnt appealing enough to the future client, there wont be any profit.

Our clients benefit from our unique expertise in Brazil and are always presented with the very best properties in their price range. We promote Brazilian properties in all states in the northeastern Brazil.

Our professional staff is multi lingual and speaks English, Spanish, Swedish, Finnish and Portuguese.

Property Photographs

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