Ocean Residences are 2-bedroom ground floor and duplex penthouse apartments located in a 5* beach resort in Northeast Brazil. This is an opportunity to invest in a fully-furnished, rent-ready 2-bedroom apartment and let it out for holiday rentals earning annual rental income.
An entirely hassle-free property investment, it is fully managed by the onsite property management company.
All rental bookings at the resort are managed by Atlantica International - the largest hotel management company in Brazil.
- Prices from US$163,550 / €138,950*
- 6% NET rental income guaranteed for 3 years
- Projected 9.58% NET rental income after year 3
- Flexible payment plan available
- Management company onsite
- Fully furnished, rent ready apartments
The Coral is a 5*, multi-award-winning beach resort currently under construction in Ceará, Northeast Brazil. The resort is recognised for its excellence winning multiple awards from the Americas Property Awards, including Best Residential Development Brazil and Best Residential Development Central and South America. The Coral has also won awards for its villa designs and beach club.
Located in one of the most beautiful natural environments in the world, The Coral is situated in a natural paradise of over one million square meters of beautiful sand dunes, exquisite Atlantic beaches, cool lagoons and tropical coco and palm plantations.
Onsite amenities will include a flagship Radisson hotel, Ocean Lounge beach club, kite and wind surf school, well-being centre, state-of-the-art fitness centre and restaurants onsite.
It is the first resort of its kind and quality in the area and will cater to the ever-increasing demand for rental accommodation and luxury holiday experiences along this stretch of coastline.
A wide choice of real estate options will be offered at the resort. Numerous villa designs are available in our Brazilian, Rustic, Modern and Eco collections. Apartment options include 1-bedroom loft apartments and 2-bedroom garden apartments and duplex penthouses. All properties are designed to be low density and private.
Infrastructure works are complete, the beach club is open, numerous villas and apartments are in various stages of construction and completed villas and apartments are already being let short term and earning rental income.
The Coral is located in Praia de Guajiru, in the state of Ceará, part of the idyllic beaches in Trairi on the Atlantic coast and about 90 minutes from the state capital, Fortaleza.
Guajiru is increasingly being discovered as a superb holiday destination for Brazilians as well as international visitors. The best-selling Argentinian broadsheet La Nación referred to it as “the last big secret in this relaxed region” and Ceará beaches ranked top in The Huffington Post’s 7 under the radar destinations that will ignite your sense of wonder.
The eighth most populated state in Brazil, Ceará ranks as one of the country’s main tourist destinations. It is the economic the star of Brazil with strong economic growth, a booming tourist industry and a thriving property market. Fortaleza International Airport is the closest airport and the regional flight hub for Northeast Brazil with daily direct flights to Europe and the US.
Fortaleza is the 5th largest city in Brazil and one of the top tourist destinations in the north east for Brazilians. It is a lively, cosmopolitan city, home to 3.6 million people and situated in beautiful surrounding areas characterised by spectacular sand dunes and beautiful blue-green waters of the Atlantic Ocean.
It boasts 34 km of exquisite beaches, different parts of which are renowned for aunique offering. Praia do Futuro is known for its barracas – simple, kiosk-style restaurants on the beach serving fresh fish and seafood; Iracema is popular for its bars and nightlife; Mucuripe beach is a known fisherman’s launching point; and Beira Mar has daily traditional craftsman.
Northeast Brazil is an established property market for domestic buyers and a growing market for international investors. Brazilians choose the north east as their favourite holiday and second home destination due to the ideal climate, its affordability and the investment potential of owning property in the area. Strong demand comes from Brazil’s wealthy middle and upper classes. Ceará is particularly popular with searches for rental accommodation increasing year on year. Property in Fortaleza is also one of the best performing in the country.
Brazil’s economic strength during the 21st Century has led to a dramatic increase in wealth across the board for Brazilians. Government schemes have lifted millions out of poverty. Increased employment and higher salaries have created a booming middle class, which today represents an incredible 106 million people.
Brazil’s super wealthy are also increasing with the number of millionaires in Brazil set to rise by 81% by 2022, according to a Credit Suisse study.
Brazil’s exchange rate has never been so favourable for foreign investors. The current currency exchange rate means you are paying less than ever investing in Brazil.
Foreign direct investment has been rising year-on-year and the BOVESPA, Brazil’s stock exchange, has been the best-performing stock exchange in the world in recent years. The Association of Foreign Investors in Real Estate placed Brazil second in the world for capital appreciation and the best emerging country for property investment.
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