Colina Do Cedro Off Plan Property Overview
• £14,220 for 2-bed houses
• 43% minimum gross profit*
• 30% under developer list price
• Buyback guarantee
• Government-subsidised exit
Our latest deal is a profit-focussed property investment opportunity located in the southern coastal city of Camboriú in Santa Catarina, which has the potential to return a minimum 43% gross profit in just two years from an incredibly low entry price of £14,220 / R$45,500. At this price you can afford to buy two or three units, especially as we’re discounting our fees for multiple purchases.
We have negotiated a 30% discount from the developer’s list price on 100 units within the Colina do Cedro entry-level housing project. If you profited from the property boom in the North of England - mostly associated with the houses constructed for local workers - you may appreciate the potential of getting into this sector of the Brazilian market today. To view a video about the location and development please CLICK HERE.
As mentioned, the Colina do Cedro development is the first of its kind on this scale in the area, so finding exact comparable properties is not easy. Adding to the difficulty is the fact that most property transactions take place in person and this kind of home is rarely advertised online.
Property in Camboriú
There are several properties that display the specification of a property in Colina do Cedro. They are all located in Camboriú and fit into the category of ‘popular home’ (a property with 2/3 bedrooms, living space, kitchen, bathroom and pantry and/or outdoor space – typically on one level). We also know that as the developer will be looking to sell the remaining Colina do Cedro properties for R$65,000 and above, the Ready2invest units at R$45,500 are already 30% below their list prices
Local buyer survey
Abramar Inc., and independent real-estate developer Crescer, distributed 2,000 questionnaires among employees of high-end constructors, Embraed, and to the unions at the local port in Itajaí. The resulting answers proved that a significant number of local workers are keen to get onto the property ladder and, given that units in Colina do Cedro are likely to require a 10% deposit, also have the funds to do so.