A great investment and lifestyle property in a sought after area of Brazil. Price includes furnishings worth E6.8k and comes with a favourable payment schedule.

2B is a one bed, second floor apartment in a great position with sea views, located just over 100m from the beach. The price is reduced for a quick sale by the original investor and comes fully furnished right down to the cutlery, a feature which is no longer available on this Project when purchasing off plan (full furniture inventory available upon request). A first payment of only E33.6k is all that is needed to acquire the property now.

This unit is a great chance to get involved in the Porto dos Corais development at a reduced price and inclusive of furniture for further savings. Construction is already well under way at Porto dos Corais, with completion approximately February 2009 and with regular updates available on progress.


10 Reasons to Buy in Brazil
1. Growing economy; Brazil is one of the four largest developing economies in the world (the three others being China, India and Russia) and according the Goldman Sachs, by 2050 Brazil will be the world’s 5th biggest economy.
2. Foreign investment is encouraged in Brazil, there are no restrictions for foreigners buying property and ownership is 100% freehold and secure.
3. Lower interest rates and inflation under control (5-6% inflation in 200%); several economists believe that within a few years, Brazil should have become an investment magnet country. It is believed that the steadily fiscal reforms and economic stability should allow Brazilian interest rates to drop significantly. Today Brazil’s mortgage lending is almost non-existent, both with the decrease of interest rates, a mortgage lending boom is expected and consequently, an increase in value of its Real Estate.
4. A realistic guarantee of long term future market stability and existing demand (for sales and rentals) which provides security for foreign investors; Brazil has a big population of approximately 180 million that includes more than 1 million multi-millionaires who are naturally attracted by European styled holiday homes situated far away from Brazil’s vast mega-cities. Along with future domestic economic growth and increasing spending powers of the big Brazilian population, this trend is set to increase.
5. The exchange rate is exceptionally favorable at the moment making it very cheap for Europeans (Sterling or Euros) to buy property. In the past, the Brazilian currency was artificially linked 1:1 to the US$ (now it’s 2.5:1, one dollar buys 2.5 reais, the currency in Brazil), and most prices still reflect these old price levels.
6. Under priced real estate market, due to continuous years of recession and lack of purchase power during the 80´s and 90´s, the price level for real estate is extremely attractive (there are many similarities to how Spain was 20 years ago).
7. Active tourism promotion policy; tourism promotion is a top priority in the Ministry of Tourism’s agenda and the National Tourism Plan is clearly working.
8. 48% increase in foreign tourism between 2002 and 2005 as a direct result of the National Tourism Plan (developed in 2003).
9. Brazil is a peaceful country and is not affected by political wars or terrorism.
10. Extremely friendly people; Studies carried out by Ministry of Tourism indicate that 75% of the tourists who seek Brazil as their vacation destination do so first of all because of the natural beauty. But once they arrive here, they find such hospitality that they soon become enchanted with the mixture of colours, races and cultures of the people as well. In a recent survey, 96% of the tourists visiting Brazil definitely intend to come back again, main reason being the Brazilian people! That if anything, gives confidence in the growing tourism industry in this exciting country.