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Key selling points
- 24% below market value
- Fully Furnished
- 600 metres from the beach
- High expected rental yield
- Gated complex with 24 hour security
- Excellent payment plan
Pipa Hills is a secluded luxury development of 52 magnificent detached villas set in a stunning tropical location in Natal, Brazil. These fully furnished three bedroom properties can be found just 600 metres from the beach in one of Natal's most upmarket areas.
The development is perfect for those that want to get away from the hustle and bustle of everyday life and enjoy a fantastic region that boasts one of north eastern Brazil's best beaches. Soon to be surrounded by luxury golf resorts, Pipa is favoured by wealthy Brazilians as a weekend retreat destination and favourite holiday spot.
With an estimated 180 million Brazilians travelling during their summer months (December through to March), Pipa is the region's number one beach so it attracts lots of domestic and international visitors.
Why invest in Pipa Hills
* There is nowhere else in Brazil that you will find villas of this quality at 24% below market value, a staggering saving of 60,000 Euros
* With its privileged location, Pipa Hills is just 45 minutes from the city of Natal and is considered to be the most exclusive town in the whole of north eastern Brazil
* Pipa is one of Brazil's most promising investment areas. In the next five years, two mega golf resorts will be developed only five minutes from this site. This charming beach village already attracts the ‘high end' of the market and with the two future golf projects nearby, Pipa will confirm its status as the jewel of north eastern Brazil
* When international charter tourism began in 1998, there were only two international charter flights a week. Last year this figure was 25 and when the new airport is ready in June 2010, an estimated 5 million visitors a year will travel to Natal alone
* Pipa is not only dependent on foreign tourists as it is popular with wealthy Brazilians all year round. During the Brazilian summer (Dec - Mar) it is virtually impossible to get a room in Pipa without pre-booking. Natal received six daily domestic charter flights last summer
* Excellent rental potential: well-managed hotels in Pipa work on yearly average occupation rates of 70%. Pipa Hills is the first luxury development in Pipa and ticks all the right boxes for providing solid rental returns
* Pipa is surrounded by a nature reserve area which sets limits on construction levels. It will therefore remain a low density area as buildings can only be 7 metres high. This is bad news for developers but great news for Pipa property owners as future supply will be severely limited
* The Pipa Hills developer has only built on 13% of the land - no other future development can offer such a low building density
* Pipa Hills is built to European standards and build quality is exceptionally high. The people that have already bought there are lawyers, doctors and successful business people. Units will be delivered fully furnished and equipped, ready to move into or let out on completion.
Location Pipa Hills can be found 45 minutes from Natal and its international airport in the north east of Brazil, the country's main ‘sun and beach' destination. With its near perfect climate and numerous semi-virgin beaches Natal, which is the capital of the State of Rio Grande do Norte, is famous for its natural beauty and welcoming people. With an average temperature of 27ºC the area is sunny all year round. In addition, the northeast is the closet point to Europe from Latin America and the flying time is approximately 7-8 hours. Furthermore, when compared with many tropical locations, Brazil benefits from a complete lack of natural phenomena such as hurricanes and tropical storms, nor is it affected by earthquakes.
Major tour operators have realised Brazil's tourism potential and are fast adding the country to their schedules. Thomson Holidays recently added Brazil to their list of destinations and international groups are investing billions in new hotels and resorts in the north east of the country. The internationally renowned resort, Club Med, has three resorts in South America - it's no coincidence that all three of them happen to be in Brazil.
Located in the midst of a paradise-like environment, Pipa Hills is an unmissable opportunity for those intent on investing wisely.
Facilities On-site facilities within this oasis of peace and relaxation include:
* Gated complex with 24 hour security * 3 communal swimming pools and a stunning lagoon * 2 leisure areas with bar and BBQ area * House maintenance service * Cleaning, gardening and property rental services * Pipa Centre - with an array of restaurants and nightlife * Two mega golf complexes just 5 minutes from the site
Property Prices Priced at 24% below market value, these three bedroom, three en-suite bathroom fully furnished villas have been designed with the demanding consumer in mind. Built over 160m² only the best materials have been used and each property boasts gorgeous terraces - ideal for al fresco dining in an exotic tropical setting.
Prices start at just 190,000 Euros (properties of a similar size and quality in the same area will set you back in the region of 250,000 Euros) which equates to a massive saving of 60,000 Euros.
If 24% below market value wasn't enough to persuade you that this is a great deal, how about the fact that annual rental returns will be in the region of 11.5%?
Current daily rental rates for existing 3 bedroom villas in Pipa stand at 675R$ = 250 Euros (approx.) Â Having researched the market thoroughly, we know it is reasonable to expect similar rental rates for 3 bedroom villas in Pipa Hills, which are more spacious and of a far higher quality.
Most well-operated hotels in Pipa work on a 70% yearly average occupation ratio. If we use 150€ as a conservative daily rental rate in Pipa Hills and assume a 40% yearly average occupation ratio, the estimated rental returns are:
Conservative rental estimate: based on 40% occupation rate and daily rate of 150€ 365 x 40%= 146 days 146 x 150€ = 21,900€ ROI = 21,900€ divided by 190,000€ = 11.5%*
Medium rental estimate: based on 50% occupation rate and daily rate of 150€ 365 x 50%= 182 days 182 x 150€ = € ROI = 27,300€ divided by 190,000€ = 14.37%*
High rental estimate: based on 70% occupation rate and daily rate of 150€ 365 x 70%= 255 days 255 x 150€ = 38,250€ ROI = 38,250€ divided by 190,000€ = 20.13%*
* fees for rental management would need to be deducted
With the resort almost completely finished, you will not have to wait long to move into your new property. In addition to this, the developer is currently offering a very favourable payment plan.
* A 3,000€ deposit is required to reserve a unit * 92,000€ is due on signing the purchase contract * The remaining 95,000€ is due in four equal payments of 23,750€ after signing the contract i.e. 23,780€ is due 3 months after signing the contract, 23,750€ is due 6 months after signing the contract, 23,780€ is due 9 months after signing the contract and the final instalment of 23,750€ is due 12 months after signing the contract.
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