Investor/Investors to establish a boat & yacht shop with rentals in a place where there is a natural marina and a mega resort development with a full golf course being constructed as we speak. Also, three other large developments with marinas in the neighboring states. Spells out D-E-M-A-N-D!
The river front holds over 300 of luxury mansions where the high upper class of Fortaleza businessmen fly in their helicopters.
Along with these luxury boats which would be sold within 120 days of the shop being built (total of 150 days to setup and let the first sales roll in) there is a an ever growing need for luxury cars, trucks like GM HUMMERS, four wheelers, jet skis, buggy cars etc....Fortaleza City is the # 1 in imports of vehicles in Brazil if not in South America mostly because the rich love to show off here..........
This is to create an immediate income..............
Then, the opportunity presents itself for a mid-sized water park which all the tourists would love to utilize (not being built in the area), resort style condo units beach front and hotels for development as the project progresses into the future....We can give full support and accessory services with all of the licensing, approvals, building permits, architecture & design and even project management (construction) etc.....Our teams are on stand-by.
Time is very much of an essence.......the per m˛ prices are already high in the area because of all the high net worth individuals who have their weekend, vacation and stress buster properties in the area (price ranges between U$D1-10Million) and whoever does this first will reap the highest profits obviously......As I recall someone has said that to make money go where the people are going but get there first !
Property Development has turned into a very highly profitable business in the Northeast of Brazil and I strongly suggest that you take the same direction. There are three areas in the State of Ceará where these Mega-resort Developments are taking place, we have land available in all three and very soon there will be a high demand for gas stations, supermarkets, schools and clinics, housing for the laborers etc.......low-income housing is definitely a no brainer financed by the Brazilian Government Banks...........
The super steroid type growth of the construction sector brings even more opportunities for imports such as heavy equipment and construction machinery, construction materials, hotel & resort accessories, time share companies and fractional ownerships......we also have access to all the main building company owners to market and execute sales of these types of items.
Third but not the least (after imports and property development) is the rental market.
If you have been following the articles, news and development updates of our club then you should know about all the new projects being executed or already finished within the state such as petroleum refinery, a steel mill, biodiesel plants, solar power stations and panel factories, wind power stations, uranium, phosphate and iron ore mines besides all of these residential and tourism developments.
This means what? 500,000 technical jobs to be filled in within the next 5 years or so......rental market as far as residential housing already has a deficit and the construction companies cannot keep up with the demand in the City of Fortaleza. The market will be red hot very soon and this brings very good opportunities for rental market investments. Buying units on blue print pre-construction off-plan seems to many experts a great idea. Besides direct financing for any foreigner through the builder the prices are much lower than that of existing units. So, as the construction moves forward the property has good value-appreciation and thence you have a choice, an option between flipping and holding for rentals................As you flip some units and rent others you might be able to achieve enough income to purchase more units in this way and generate a sufficient income to make the payments without paying out-of-pocket. This can go up as high as you can imagine........
Next time we will touch up on exports and the Brazilian Stock Market.
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To learn more you may visit Invest in Brazil on Google Groups. Quite a bit of research and news. Very informative.
©Martin Gajewski Jr.
Offshore Investment Consultant &International Property Broker
This is how you know how&where to invest Northeast Brazil
Re: This is how you know how&where to invest Northeast Brazil
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