Ref No. SS10199 > Palma do Mar, Joao Pessoa, Brazil. Overseas Property Investment Price: £ 67,000 From E83,500

Property Type: Villa
Category: Brazil
Location: Beach
Status: AVAILABLE
Bedrooms: 3


Luxury 3 bedroom Villas with private pool. Palma do Mar is an exclusive development of nearly 500 villa plots located amongst the palm groves in the gentle hills of Jacuma, just moments from the beautiful beach of Carapibus. The development sits in an elevated position providing stunning views down across the palm forests and out to sea. The plots have planning approval for the construction of detached villas with private pools and gardens and average at 400m2. They will be provided with all infrastructure services including roads, water and electricity, all of which will be in place by January 2010. Free brochure available on request.

Turn your villa plot into your dream villa…

Building a villa on your plot will not only further capitalise on your investment but will also provide you with a property that you can enjoy as a holiday home or rent out to take full advantage of the high rental yields available in Paraíba. The land plots already have planning consent for the construction of luxury detached villas and the developer is offering an ideal stress-free solution for those looking to build on their plots. With a pre-approved, bespoke 3-bedroom villa design, construction and full project management from just ¤83,500* (including the plot).

Palma do Mar Villa Package - What’s included?

* Private villa plot from 300sqm
* 3 Bedroom luxury villa Swimming pool
* Private garden
* Driveway
* Full license
* Full project management

The villa

The villa has been designed to echo the traditional Brazilian architecture whilst offering the latest in modern comfort and convenience. The carefully planned interior is light and bright with an emphasis on clean, crisp lines and wide open spaces. Each villa has a large terrace and a private garden with swimming pool, all important in Brazil to enjoy life al fresco. The villas make the ideal holiday home; they are well planned and are very easy to maintain. The villas are 100sqm with a further 30sqm of terrace and include a driveway, a grass lawn and hedge and 6x3m swimming pool. The villas will include fitted kitchens and bathrooms and will be finished to the highest specification.

Payment Terms

The developer is offering 2 payment plan options for the design and build service at Palma do Mar.

OPTION 1 Stage 1 – Purchase your villa plot of choice from 13,500 Receive title to the land. Elect to purchase the Palma do Mar Villa Package

Stage 2 – Month 3 20,000 Full license provided by the developer

Stage 3 – Month 12 20,000 Construction begins

Stage 4 – Month 24 Final payment of 30,000 Completion

OPTION 2 Stage 1– Purchase your villa plot of choice from 13,500 Receive title to the land. Elect to purchase the Palma do Mar Villa Package

Stage 2 – Month 3 20,000 Full license provided by the developer

Stage 3 – Month 12–24 20,000 to be paid in 4 installments Construction begins of 5,000 over 12 months

Stage 4 – Month 36 30,000 to be paid over 5 years (12% interest) Completion

With a sustainable 15% capital growth expected on new property for the foreseeable future in Paraíba, you can be sure that building a villa on your plot will provide a healthy return.

EXAMPLE 1

Plot Price 13,500

Villa Package 70,000

Costs (6%) 5,010

Total Investment 88,510

Property value after 5 yrs 167,948 (15% capital growth per annum)

PROFIT 79,438

ROI 90%

EXAMPLE 2

Plot Price 13,500

Villa Package (equity in) 40,000

Finance Plan Year 1 9,600

Year 2 8,880

Year 3 8,160

Year 4 7,440

Year 5 6,720

Costs (6%) 5,010

Total Investment 99,310

Property value after 5 yrs 167,948(15% capital growth per annum)

PROFIT 68,638

ROI 69%

Rentals

10%-12% Gross Yield

In order to provide the most accurate rental yield projections for Palma do Mar we have conducted a comprehensive study of the rental market in and around Joao Pessoa and the surrounding states in north-east Brazil. Palma do Mar is located in an emerging holiday destination, which has seen foreign and domestic tourist figures increasing year on year. The rental market is however still in its infancy, so we have used some comparables from more established areas such as Natal and Ceára which have already seen rental prices increase sharply in recent years. To show the expected weekly rental prices all comparables have been weighted to ensure the size of the comparable properties and areas have been taken into account. A full copy of the study is available to demonstrate these projections; showing a full list of the properties, their location and size and the weighting that has been applied.

Furniture pack available from E9,500

Full brochure and rental comparison study available on request!

Property Details http://www.propertywinners.co.uk/

Area Description

Palma do Mar is located in the heart of an approved residential and tourism masterplan and is the sister development to Jardim do Mar and Oasis do Mar. This privileged residential enclave will enjoy the benefits of their facilities, which include a hotel with shops, restaurants and bars, a country club and sports facilities including tennis and squash courts, a multi-sport court and an adventure playground for the children. Oasis do mar can also be found on our site which has more information regarding the location.