Property Removed | Natal | 2 Bedrooms

DETAILS

2 Bedroom Apartments that are fantastic for investment purposes, located within the centre of Natal.

The development offers an ideal long or short term investment opportunity.

Cosmo is an excellent pre-release opportunity for investors.

It is situated in the Tirol neighbourhood, one of the best areas of Natal’s city centre. Tirol is according to recent studies, the neighbourhood with the highest real estate revaluation of Natal. This is due to the economic situation of the country, with a growing middle class demanding this kind of product.

Cosmo is an apartment condominium synonymous to modernity and functionality. From the outside, the boldness of the project delights even the most conservative viewer.

Once inside the apartments, everything has been planned to surround its occupants with comfort and functionality.



The Tirol neighbourhood is located in one of the most luxurious areas of Natal. It really is an essential centre in town where the most high value houses and commercial offices can be found door to door.

With direct access to the Park of the Dunes - a natural reservation of Atlantic Forest - and to several beaches, Tirol enjoys a privileged location. And being the city's central area turns the neighbourhood into one of the safest and best connected in town. No different from any other big city, the centre of Natal has become a major business centre.

Today, demand for flats, apartments and houses in Tirol surpasses the current supply, due to both the lack of available plots and to the fact that it is simply one of the most sought after areas in town.

·         Close to Midway Mall, Natal's largest shopping centre

·         The business hub of the city

·         Airport only 15km away, new international airport only 16km away

·         The area is experiencing huge local demand for residential property

·         Clean, safe and friendly location

·         Endless beaches and unspoilt nature

·         Warm, sunny, tropical climate all year round



29 floors
5 apartments per floor
2 bed apartments
1 bed penthouse apartments
290 units in total
3 types of apartments in the development:
168 ‘Type A’ 55m2 apartments (84 in the North Tower and 84 in the South tower)
116 ‘Type B’ 53m2 apartments (58 in the North Tower and 58 in the South tower)
6 ‘Type C’ 109m2 penthouses (3 in the North Tower and 3 in the South tower)
Individual terraces
Breathtaking sea views available


Allocated underground parking
Swimming pool
Barbecue area
Gym
Wi-Fi
Panoramic lift
Bars
Restaurants
Shops


Low risk investment due to the sustainable growth of the Brazilian residential property market
Estimated capital growth of 20%  per annum
Estimated rental yields of 10% per annum
Simple and secure buying process
Units are 100% freehold
Located in one of the most promising emerging markets, and in the popular Tirol neighbourhood of Natal city centre
Property valuations in the neighbourhood have increased from an average of 500 BRL per m2 in 2003 to 2,500 BRL per m2 in 2007
A developing middle-class and increased access to finance has pushed prices up
The domestic mortgage market is expected to increase 600% by 2014 
With a high demand, fast growing middle-class economy and already over 1 million inhabitants, a clear primary market from amongst Natal’s locals is already in place for this type of investment
Strong resale potential to the local market who are now able to finance purchases for up to 20 years
The local area offers a healthy buy-to-let market, with a steady supply of long and short term tenants, and realistic rental returns of around 10% per annum 

The development offers sound rental potential within one of the most exclusive neighbourhoods of Natal city.

Due to increased buying power amongst the population of Brazil, this local area is experiencing an extreme shortage of housing units.


The area's well-developed infrastructure allows the highest possible rental yields 
There is a high demand for 2 bedroom apartments from the local Brazilian market



Up to 10% gross income on the value of the property  
Until recently only fully furnished hotel rooms were available, making the rental market a new concept  
3 month contracts are the norm



30 weeks occupancy per annum is a realistic target  
Option used by many locals with business commitments in the cities  
Also used by foreign and national holidaymakers  
Length of stay can be extended up to 2 months 
Higher yields can be obtained, although occupancy rates are often lower  
Allows owners time to spend in their property for their own holidays


·         3.000€ Reservation

·         30% at contract

·         20% Start of construction (January 2009)

·         30% End of Structure (January 2010)

·         20% Completion (January 2011)

This is a fantastic development, offering high quality apartment within the City Centre of Natal.



The apartments are expected to rent out extremely well to the local and international market, and Capital Appreciation is also very strong.


Please contact us for a Full Brochure and Investment Analysis.