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$1.8 billion investment over 5 years for the Natal area of Brazil

11th May 2007 Print
PORTO DOS CORAIS BRAZIL An investment of up to $1.8 billion is planned over the next five years for the Natal area of Brazil to ensure that it becomes one of the most popular tropical destinations for the international community.

Ian Clarke Director of Our Home Abroad says, “Brazil is starting to dominate the overseas property market as investors realise that this industrial powerhouse is perhaps one of the best kept investment secrets around. Annually welcoming over 5 million tourists, Brazil already represents 42% of the gross domestic product of Latin America and this figure is expected to grow significantly as we move into a new era. Property prices are still low, but growing quickly as the country continues to benefit from its healthy economy. With a sound domestic market and a proven resale and rental market, western investors are aplenty.”

Our Home Abroad now bring to the market a superb investment opportunity in the form of ‘Porto Dos Corais’ an off plan development located on the north east coast next to the traditional village of Maracajau. This premier development will offer a selection of fully furnished one, two and three bedroom luxury apartments close to one of the most spectacular beaches throughout Brazil. This gated resort will offer owners spa facilities, health club, 24 hour security, restaurants, bars, leisure facilities, swimming pools, tennis, reception area and tropically landscaped gardens.

Ian continues, “Maracajau is just 50km north of Natal which is recognised as the closest point to Europe with flying time between 7-8 hours. Natal boasts a modern infrastructure, excellent facilities, international cuisine with a plethora of shops and bars. With a planned five year investment programme the Natal region will undoubtedly become one of the most sought after locations in Brazil and as such property owners can expect to see tremendous capital appreciation over the next few years.”

Prices at Porto Dos Corais start from just £32,276 for a one bedroom rising up to £134,383 for a premier three bedroom penthouse apartment.

Based in the UK, Our Home Abroad markets in numerous locations around the world and pride themselves on their close working relationships with investors throughout the life of their overseas investments. They are also FOPDAC and AIPP members and hold Professional Indemnity Insurance.

For further information, visit ourhomeabroad.com.

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PORTO DOS CORAIS BRAZIL