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Brazil’s Quinta da Lagoa - Seriously good property for a serious buyer

4th September 2008 Print
Quinta da Lagoa and pool, Tibau do Sul Talk is cheap. It’s incredibly easy to say “rental returns will be high” but difficult to deliver. When London-based Gilles Acogny, 47, a seasoned investor with a portfolio of property stretching across France, Senegal and the UK, was deciding his next move he wanted to be sure of the credentials of the development he was throwing his hard-earned pennies into… Brazil’s Quinta da Lagoa passed muster.

In the town of Tibau do Sul, a mere five minutes from Natal’s hippest hangout – Pipa – Quinta da Lagoa has quite some legacy. Its specialist resort operator is responsible for the award-winning five-star Praia D’El Rey, a seven hour flight away on Portugal’s Silver Coast, and closer to home, the very successful Pousada dos Girassois in Pipa, which has high occupancy levels all year round. The Pousada dos Girassois team will work their international tour operator contacts to ensure that Quinta da Lagoa mirrors their success from day one which happens to be the beginning of the busy Christmas holiday season – 15 December 2008.

Gilles, who runs a consultancy firm specializing in helping companies define, improve and execute their sales strategies, comments, “I’ve been following the fortunes of the BRICs countries (Brazil, Russia, India, China) for the last five years with a view to investing and I think that Brazil is the safest in relation to medium-term investment and the most friendly to foreign investors. There are still some barriers to entry but it’s a strong and growing economy.”

“What attracted me to the Beltico Group’s condo-hotel at Quinta da Lagoa was their track record of successful resort management in Europe and the fact that they already own the Pousada dos Girassois in nearby Pipa, which runs at an average of 85% occupancy levels annually,” continues Gilles, “I intend to hold my property at Quinta da Lagoa for at least three to five years and anticipate that the capital growth should be around 20% per annum, based on recent past performance in the area. The resort also offers owners a guaranteed investment yield of 5%, but I plan to choose the alternative, a 50% share of the guest revenues generated by my units, which I think will amount to more each year.”

So will Gilles be spending more time in Brazil now he has a stake in the country? “Well, having been there on ‘business’, I certainly now plan to go on holiday!” says Gilles.

Quinta da Lagoa, promoted by Brazil specialists www.uv10.com, is a condo-hotel resort consisting of 66 properties which enjoy an alluring waterside frontage with magnificent views of the Guarairas lagoon famed for both its oysters and its sunsets.

On-site Quinta da Lagoa has plenty to keep you occupied including adult and children’s swimming pools, Spa, sauna and massage, a ‘Zen’ area, bistro, launderette and convenience store. Off-site Tibau do Sul and Pipa, linked by an 8km road with glorious views of the semi-virgin cliff-backed beaches, lay on an enticing spread of kite surfing, beach buggy rides, fishing and bars and restaurants serving up mouthwatering cuisine. Natal’s International Airport is just 80km by car.

A range of living options is available at Quinta da Lagoa with spacious studios and semi-detached one bedroom townhouses now ready for occupation. Each property is built from sustainable locally-sourced wood with clean architectural lines and all have fitted kitchens, en-suite bathrooms, TV and internet connections, air conditioning, solar heating, sweeping verandahs and private gardens. Private swimming pools and outdoor Jacuzzis can be added to villas as optional extras. Comprehensive furniture packs are offered from 5,500 euros for owners who wish to place their properties into the rental pool.

This development has a very appealing guaranteed rental package. The Quinta da Lagoa rental pool guarantees 5% gross per annum for three years from delivery, or you can opt for a profit-share system. Judging by the figures from their sister resort, Pousada dos Girassois in Pipa you could stand to make a lot more.

Prices at Quinta da Lagoa start from 56,580 euros for a studio and 112,805 euros for a one bedroom semi-detached townhouse. Three payment plans are in place incorporating various stage payment structures, some of which reward with discounts of up to 15% off the list price.

For more information visit uv10.com

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Quinta da Lagoa and pool, Tibau do Sul