How to play Brazil’s emerging property market

Brazil is a vast country boasting 7,400km of coastline so buyer beware that you don’t end up on an isolated beachfront with no nearby shops and restaurants. Or worse still, no subsequent end-users to sell on to or provide you with rental income. No such fears for the up-and-coming village of Maracajaú some 50km north of the city of Natal.

To serve its ever increasing number of visitors, Natal is in the process of developing more than ten golf courses within a 25 minute radius of Maracajaú, investing 1.8 billion US dollars into new hotels and resorts and most importantly the current International Airport of Augusto Severo is set to become little brother to the brand new São Gonçalo del Amarante Airport from 2010. This Airport, just 20 minutes’ drive from Maracajaú, signifies the high expectations for Natal as it will be the largest passenger and cargo airport in Latin America and incredibly the eighth biggest in the world with a capacity for five million passengers per year. But it doesn’t stop there.

Football legend David Beckham is to open the first ‘David Beckham World of Sport’ complex in Natal to coincide with the nation’s hosting of the 2014 World Cup whilst the city is also on the official FIFA shortlist to be a host venue. His Academy will be part of a wider resort boasting a Rubens Barrichello motor racing school as well as academies for golf, polo and tennis (rumoured to be in conjunction with Andre Agassi). This north easterly region of Brazil is already becoming world-famous, but with property still available for under £50,000 there has never been a better time to invest.

Coral Beach comprises just 56 two bedroom apartments set right on the beach and priced from an incredible £49,796 (at today’s exchange rate from price fixed in Brazilian Reais). Facilities are in abundance with swimming pool, bar, restaurant and 24 hour security whilst an on-site rental management company will maximise year-round returns. Properties themselves all have parking, beach-facing balconies and the 14 penthouses have a spiral staircase leading to enormous roof terraces ideal for private Jacuzzis, shower facility and convivial BBQ area.

Payment terms at Coral Beach are intentionally favourable starting with a £500 reservation fee followed by manageable stage payments up until completion scheduled for January 2011. Again, there is a certain urgency to contact GEM Estates as Coral Beach’s developers intend to implement a 15% price increase in March 2009.

For more information, visit gem-estates.com