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Invest in 'The Manhattan of Brazil'

1st August 2008 Print
Invest in 'The Manhattan of Brazil' International property investment company Propertyshowrooms.com unveils a rare investment opportunity in the Brazilian city of Natal.

Propertyshowrooms.com is pleased to announce a landmark project consisting of high specification two bedroom apartments and one bedroom penthouses, situated in a prime location on the most easterly coast of Brazil. The development - called Cosmopolitan Residential - is in an exclusive area within the city of Natal, regarded as ‘the Manhattan of Brazil.’

And with entry level prices from just 187,000 Brazilian Reais (approximately 75,000 euros, subject to exchange rates) it represents an excellent investment opportunity in a great location, especially when you consider that demand for property in the area far outstrips current supply.

“These apartments are well located for access to the city centre, yet still command views over a stunning nature reserve and onwards to the Atlantic Ocean,” says Mark Wilson, Product Acquisition Manager for the International Property Investment Network (IPIN) – the investment arm of Propertyshowrooms.com.

He continues: “Investment here has excellent potential, as predictions for Brazil’s economic future as one of the world’s top five economies are expected to hold true. It’s already regarded as the largest economy in the Americas after the USA, and property investment is proving to be one of the engines of this growth.”

The apartments are located in the prestigious Tirol neighbourhood which borders the largest urban reservation of protected forest in Brazil, stretching as far as the beach. As such, many of the units enjoy breathtaking sea views. Facilities include private terraces, designated underground parking spaces, Wi-Fi connection, and a communal swimming pool.

There are also good transport facilities – the nearest international airport is just 18km from the centre of Natal, with connections to and from major cities including London, Berlin, Madrid, Paris, and New York. And an additional new state-of-the-art airport is on its way, due to be completed in 2010.

On the investment front, the prospects for capital appreciation are extremely positive, in line with the stunning and continued growth of the Brazilian economy – currently running at around 20% per annum – which is being underpinned by government policy. Mark Wilson again:

“Many new tourism projects are being strongly supported by the government, bringing with them valuable investors, jobs and tourists, along with a strengthened local economy – all vital components to Brazil’s ongoing success as an emerging market.”

The Cosmopolitan Residential development also offers sound rental potential, with consistently high demand for apartment accommodation from the local Brazilian population. So for both investment and rental strategies, Cosmopolitan Residential represents an excellent opportunity to invest in the best of Brazil.

For more information, visit propertyshowrooms.com

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Invest in 'The Manhattan of Brazil'