REAL ESTATE FOR SALE (OFF-PLAN) (€ Euro 45,000)
Apartment for sale in Natal Natal Brazil

Sun Towers is a Dubai style towers development of two bedroom apartments, each with its own allocated parking space, split over 3 towers within a gated community with a security entrance. Until recently this was sold solely to locals, where there is a real demand for these properties as it is an affordable holiday destination. All apartments above floor 10 have views towards the sea.
There are four apartments per floor. These are ideal as rental apartments for the local market as they are located within easy reach of the city amenities and the beach. Both short term and long term rental possible.

Investor View
Excellent CITY based investment with high short term capital growth and a clearly identifiable exit strategy. Genuine 5 year guaranteed rental income programme. Although payment terms dont offer great leverage, this is still a fabulous investmement

Investment return projection
25% - 35% per annum, based on current market trends

Property features / Development facilities
Outdoor Pools
Games Room
Gymnasium
Party room
24 hour security
Basketball
Up and coming area
Children's pool
Air-conditioning
Terrace
Allocated off street parking


Payment terms / Estimated completion
Reservation: 3,000€
50% on private contract
30% by the November 2007
20% on completion
Estimated completion: Tower A: Aug 2008, TowerB: Feb 2009, Tower C: Aug. 2009
Bank guarantee / construction guarantee: Yes
Building license: Yes


Total units & property prices
Number of Units: 240

2 bedroom Apartment: from 45,000€ to 53,668€