Amazing value, Apartments in Paraiba, Brazil
Prices from GBP £24,000
Ref: Sossego Bay
1 Bedroom(s), 1 Bathroom(s) |
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AMAZING VALUE! Low density beach front project starting from only 19,950 GBP. Further savings to be made with prices fixed in GBP until 30th of April 2008. Just 23 units in total. Will sell fast!
Sossego Bay is a small residential freehold development consisting of only 23 units that comprise of studios and two bedroom apartments:
Early entry discounts
Estimated 20% capital appreciation upon completion
Estimated rental yields of 10% per annum
Completed legal due dilligence
Beach front location
Low density build
On-site security
Potential Capital Appreciation
per annum 20.00%
Conservative Estimate from the Developer
Potential Rental Income
per annum 10.00%
Conservative Estimate from the Developer
Development Timetable
Construction Start: 3rd Quarter 2008 Construction End: 2nd Quarter 2009
Unit type Bedrooms Size M²(from) Size M²(to) Price (from) Price (to)
Apartments 2 46 46 $37,950.00 $42,950.00
Studios 0 25 25 $19,950.00 $22,950.00
Development Description
Sossego Bay is a low density development consisting of studios and 2 bedroom apartments. It is situated close to the beach with units on the upper floors benefiting from sea views. The curved shape of the building allows not only for greater view possibilities, it is also an aesthetically pleasing build design. All the units will overlook the communal swimming pool and gardens.
The Exit Strategies
Early entry levels with potentially high capital appreciation
Contracts reassignable prior to completion
Healthy projected rental returns
The Facilities
Communal swimming pool
BBQ and bar area
Secure individual parking
On-site 24hr security
Laundry service
Maid service
Onsite maintenance
Rental administration
The Security
IPIN has carried out due diligence for this project and is satisfied that it complies with all necessary legal requirements
Planning permission and license are in place
Location Details
Sossego Bay is located 15km south of Joao Pessoa, and 160km south of Natal city. Joao Pessoa is the capital city of the state of Paraiba, characterised by its tropical beaches, modern architecture and historic buildings.
The development is within easy reach of all amenities. Due to its coastal location, the area is popular with windsurfers and is also situated next to a natural lagoon.
More property photographs
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