Maceió City

Prime rental investment in one of Brazil's fastest growing cities. Beachfront location within a city expansion plan.

Maceió City Overview

Brazil offers investors a growing market with high rental demand and impressive capital growth potential. Paradise Beach is a beachfront city development, appealing to both the domestic and foreign markets.

• Located on a prime beachfront plot close to Maceio city centre and within the city's expansion plans
• The city has over 1 million inhabitants and the property market is fast growing due to a strong domestic demand
• The foreign market has begun to take a keen interest in the city's investment potential 
• No more beachfront land available in the city
• The city is expanding towards the north, around the development location
• Maceio is the 71st largest growing city in the world

THE INVESTMENT

This project is ideal for both a short and long term investment.

• Strong capital growth
• High potential rental yields based on a strong domestic demand

THE EXIT STRATEGIES

The development is located to benefit from both a primary and secondary market, as it is an urban city investment with a front line beach position.

The primary market - Domestic

• Domestic mortgage market set to increase 600% by 2014
• Current economic growth within Brazil and increased ability for Brazilians to obtain mortgages, open up such projects to a wider proportion of the domestic market
• For re-sales and rentals, the market is expected to be supplied by residents of Maceio. With a fast growing middle-class economy and already over 1 million inhabitants, a clear primary market is already in place for this type of investment

The secondary market - Tourism

• Brazil is becoming ever more popular amongst foreigners, and also remains the main destination of choice for Brazilians. Beach-front properties are in high demand, especially those within close proximity of the city centre

THE SECURITY

IPIN confirms that this project has passed all necessary checks as part of its due diligence process.

As the project complies with all legal requirements, IPIN has no hesitation in offering this project to its investor members.

• Full planning and licenses in place 
• Five year building warranty
• 100% freehold units

THE DEVELOPER

Award winning local developer and construction company, Cerruti Engenharia, a company with a long and strong history in property development.

Projects completed by the developers include:

• Edificio Bertolucci
• Edificio Montceny
• Edificio Centro Empresarial Business Tower
• Edificio Piazza bella Vista
• Edificio Grand Lavoisier
• Edificio Citta di Pontremoli

The company has won the ADEMI awards for the best new development in the years 2000, 2002, 2003, 2004.

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Further Details

This modern first line beach development will feature:

• 2 bedroom apartments and penthouse duplexes
• 95% of units have sea views
• 3 tower buildings with 17 levels each (including an underground level)
• Each apartment level with 4 apartments

THE FACILITIES

• Secure underground parking
• One parking space per apartment
• Gated complex
• 24hr security and closed TV/camera circuit
• Adults' pool and kids' pool
• Barbecue and bar area
• Gourmet lounge
• Area for events
• Gazebo
• Relaxation space

THE UNITS

• Two bedroom units from 62m2 to 65m2
• Two bedroom duplex penthouse apartments of 124m2

THE RENTAL POTENTIAL

The following calculations provide an example of monthly rent and the annual return percentages: projected upon completion.

• 500 EUR – 6.30%
• 600 EUR – 7.58%
• 650 EUR – 8.21%
• 700 EUR – 8.84%
• 750 EUR – 9.47%

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