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Exclusive Brazilian Land For Purchase - Ref 466965

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Land/Ruins Description

5 minutes from the beach.

This area represents one of the last open areas available for this type and size of project in the City of Rio de janeiro. The ??lower? area is located next to an already ??the most expensive? gated communities existing there today (Condominium Mar a Mar).
Estrada do Pontal, Vargem Grande, Rio de Janeiro, Brazil
The area is a losangular shaped area just under the word ??rio de janeiro?. (there is a 0square at the middle for a condominium project already started).
The north/east portion is defined by Avenida das Americas , a straight road, south by Estrada do Pontal (arc shaped, there is a water stream you can see just above it, a straight line), west is the project of a road still unnamed). If you use e-map, the name of the streets are easily seen.

The beach seen just south of it is the famous Prainha Beach, featured in Michael Caine??s 80??s movie ??Blame it on Rio?.

59 acres, (24 acres need landfill)
The planned project for the area inludes 25 groups of 40 homes, a total of 1000 homes.
The average price for those houses would be $250,000/home ($250M total)
A receita seria maior se fossem construidos predios de apartamentos ou ainda empreendimento comercial como um hotel etc..
The resulting figure could be much higher in case of apartment buildings or commercial investments like a hotel or similar venture.

***A confirmar os custos de construcao e infraestrutura*** para determinar a projecao do lucro. Construction costs and infrastructure need to be confirmed to confirm profit forecast.

Especulando, podemos supor: An exercise suggests:
1000 casas x R$800/m2 x 200m2 cada= R$160,000,000 ($80M)
1000 homes x $38/SqFt x 2152SqFt= R$159M or US$80M
Terreno, Urbanizacao & despesas = R$ 60,000,000 (40 + 15 + 5)
Land, infrastructure & expenses = $30M)
Custo Total: R$220,000,000. Lucro projetado : R$280M ($140M)
Total Cost : $110M Projected profit: $140M

This property is 24.00 hectares. This property is in the state of Rio de Janeiro and in the city of Rio de Janeiro. Our agents in Brazil will be happy to arrange a visit for you too this property and several others we have in the area.

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Approximate price of this 0-Bed Land
BRL45,000,000 BRL | 
€17,015,162 EUR | 
£13,686,997 GBP | 
US$21,539,494 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 466965 
Town Rio De Janeiro 
Region Rio De Janeiro 
Province Rio De Janeiro 
Country Brazil  
Type Land
Category Re-Sale  
Listed over 1 year ago
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Map of Rio De Janeiro, Rio de Janeiro, Brazil

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Price: BRL45,000,000

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Price of Property in Rio De Janeiro, Brazil

Property Type Min Price Max Price Median Price
(All prices in EUR) Rio De Janeiro Brazil Rio De Janeiro Brazil Rio De Janeiro Brazil
Apartment/Flat 1,495,000 43,000 1,495,000 3,650,000 345,000 350,000
House/Villa 1,300,000 12,495 1,300,000 5,500,000 1,300,000 450,000
Penthouse 2,350,000 530,000 2,350,000 2,350,000 - 3,200,000

* Calculations based on 3 properties for sale in Rio De Janeiro and 143 properties for sale in Brazil





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