Premier Off Plan Property

Description

Garapua Beach Resort will become an exclusive gated community with landscaped gardens and swimming pools within a 5 star luxury beachfront spa resort. Residents and guests will have full use of the facilities within the resort incorporating a Gary Player Signature Golf Course, Pat Cash Tennis Academy, Football Academy, Trader Vic’s restaurant, Senor Pico’s and Mai Tai Lounge.

The Resort will be situated on Ilha de Tinhare, a pretty little island 60km south of Salvador in the Baia de Todos os Santos (the Bay of All Saints). The island is considered to be one of the most desirable tropical destinations in the world and is the tenth most visited place in Brazil. With beautiful beaches and calm, crystalline, warm waters, Atlantic rainforest, mangroves and coconut groves that are home to a stunning array of flowers, colourful birds, monkeys and marine life. The island is home to a few small fishing villages, the largest of which is Morro de Sao Paulo, with beautiful colonial architecture and historical monuments.

Bahia

Bahia is a tropical paradise covered with dense vegetation of coconut and banana trees. It is one of the 26 states of Brazil, situated on the northeastern Atlantic coast and enjoys a year round tropical climate with little seasonal temperature variation, averaging 27°c and complimented by warm, soft breezes. The coastline with its calm seas is considered to be one of the most beautiful in Brazil.

Salvador is the third largest city in Brazil and was the first colonial capital of Brazil, renowned for its cuisine, music and architecture. Each February it is home to a week long Carnival which is considered to be the biggest street party in the world. 2 million people celebrate throughout 15 miles of streets, avenues and squares and an average of 800 thousand visitors descend on the city to participate.

Real estate investment is growing due to the increasing popularity of Bahia as the favourite holiday destination of Brazilians because of its year round climate, pristine beaches and the excellent infrastructure already in place. It has excellent accessibility with flights into Salvador from Europe and the USA yet is still underdeveloped as a tourist market internationally and is predicted to grow exponentially. There is a huge demand for tourist accommodation and the property market is booming with foreign investment increasing as there are no restrictions on foreign ownership and inward investment is being actively encouraged by the Government. Brazil is also hosting the 2014 World Cup and is bidding for the 2016 Olympic Games.

Key facts

• Up to 50% below market prices
• Choice of purchasing arrangements including 100% finance* virtually ‘No Money Down Deal’
• Two year RENTAL GUARANTEE @ 10% followed by 50% net room rate share
• 30 Days free use per year (excluding SIPP investors)
• Luxury suites and villas available
• All properties are freehold and fully furnished
• Run by a 5 Star Hotel Company

Facilities

• Beach front
• Trader Vic’s Restaurant
• Mai Tai Cocktail Lounge
• Fitness Centre
• Football, Tennis and Polo Academies
• Water park
• Signature Golf Course
• Country Club
• Equestrian Centre
• Marina
• Commercial Centre

Prices from

• £55,000

Payment schedule

• £1000 reservation
• 30% deposit (less £1000) at contract
• 30% deposit can also be borrowed (developer pays your monthly interest)
• 70% on completion (developer mortgage)