Overseas Living Group Spain presents Brazil

The Overseas Living Group – your FREE, Independent advisory service for buying in Brazil

Brazil Key Facts:
• It is the fifth largest country in the world after the Russian Federation, Canada, China and the United States.
• Brazil is the sixth most populous country in the world, its population is approximately 184 million, and is young, with a mean age 29 years. Only 6.2% of the population are over 65 years
• Brazil has ten neighbours and local trading partners
• Politically stable, re-elected President Lula has brought huge improvement to Brazil and inflation is at an all time low
• Foreign investment encouraged, you own 100% of land and property
• Currency exceptionally favourable at the moment making it cheap for foreigners to invest / buy property
• Foreigners can open a bank account in Brazil where they will earn high interest rates
• Some economists say Brazil will be one of the future economic leaders along with Russia, India, China (BRIC's).
• Brazil is already leading in many service and manufacturing areas, it is the worlds...
• 1st largest producer of Coffee Beans
• 1st largest producer of Orange Juice
• 2nd largest producer of Mobile / Cell Phones
• 2nd largest producer of Executive Jets and Helicopters
• 2nd largest producer of Microwave Ovens
• 4th largest producer of Washing Machines
• 4th largest producer of Refrigerators
• 5th largest producer of Automobiles / Cars
• 5th largest producer of CD's
• Brazil is now self sufficient in Oil
• Brazil is considered a low risk in respect of War, Terrorism, SARS or Hurricanes
• Flights operate daily between the Europe and Brazil and take approximately the same time as it would take to fly to Miami
• Beautiful Country with fantastic scenery and beaches
• Brazilian people are always friendly and cheerful. Cities in Brazil are vibrant and exciting with carnivals and music
• The sun shines all year round – av. all year round temp 23-35°C (73-91°F)


North East Brazil
• The North East Coast of Brazil in particular is growing in all business sectors and in all directions offering the best conditions for those who wish to invest.
• Monies are been invested from Brazilian and US banks to help the area grow.
• North East Brazil is seeing a large increase in international tourism. Once visited it is very difficult to leave without yearning to return. The locals are very friendly and hospitable which makes the country so inviting.
• Some areas in the North East of Brazil have seen capital appreciation of over 20% per year

Natal
• It is the geographically the closest point to Europe
• Natal is the size of Malaga (700,000 people)
• Low cost airline starting: Thomson from mid November
• Secure area: this is a holiday destination
• Sun shine all year, Great beaches, water 26 degrees in winter: a paradise location
• 20% of living cost of Ireland and Europe
• New international airport planned, making the area regional hub
• Improving infrastructure and all the big hotels chains moving into the area: Hyatt,Radisson, Marriot

Sun Towers: the investment opportunity
Sun Towers is a project of Dubai style towers 20 floors high with 240 in total. It is built on an area of 12,000m2 and comprises three tower blocks with 4 apartments to each floor. The development is situated close to Ponta Negra and the main beach of Natal. Great accessibly allows you to easily reach shopping centres, the city and the main airport. Facilities within the complex are designed to accommodate those of all ages combining comfort with peace of mind
and leisure. Facilities include an adult pool, a children’s pool, a children’s play area, sports zones, a fully equipped gym.

Each apartment comprises 2 bedrooms, 2 bathrooms with 1 ensuite, an adequately sized terrace and 1 or 2 parking spaces per unit.

Sun Towers Summary
• 3 city location Dubai style towers
• 240 units in total
• 2 bedroom, 2 bathroom
• Off street parking
• All apartments floor 10+ with sea views, just 2km away
• Outdoor pools, one for children
• Attractive entry prices from 45,000€ - 53,668€
• Payment terms
– Reservation: 3,000€
– 50% on private contract
– 30% by 10 June 2007
– 20% on completion
• Project Completion
– Tower A delivery August 2008
– Tower B delivery February 2009
– Tower C delivery August 2009
• Rental income:
– High season 13 weeks 500€ / week
– General: 250€ / week
• Estimated capital growth increase 30-40% per year
• REAL off plan prices.
• Walking distance to commercial facilities
• Bank guarantees (you don’t get this elsewhere)
• No mortgages available, so cheap! Prices will go up as soon as expat mortgages are introduced


Summary
• Strong local demand to date and a good local resale market: identifiable exit strategy
• This is the start of a fantastic opportunity, whether you want to purchase a second home, a 'buy to let' Investment or a permanent residence.
• Smart investors get in to a market at the beginning and out, when the there is consensus about how good an investment is, where others start investing


 
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