Minha Casa Minha Vida
PROJECT OUTLINE
9,000m2 land parcel
Subdivided into 20 plots of 450m2
5 homes per plot.
Project outlined for 100 homes
Each home with 66m2
House design=2 floor semi-detached duplex
Homes built for 35,000reals
Homes sold for 85,000reals
(Based on current market value)
LOCATION
This land parcel is located in the prefecture of Macaiba but sits closer to the
centre Parnamirim(12kms south of Natal near the international airport
with a population of over 200,000(3rd largest urbanconurbation in the state
of Rio Grande do Norte after Natal and Mossorro)
This immediate area is expanding rapidly with 1000`s of homes/apartment
complexes being built near-by,all of them within the "Minha Casa Minha Vida"
low-income price bracket.
One of the biggest developments(Cidade do Campestre) with over 1000homes
is located only 1km from this land parcel.You are on the edge of a densely populated
city with close access to hospitals,schools,shops,public transport etc.
FIGURES
Here is a breakdown of cost and return;
Initial investment required for 80% stake in enterprise R$100,000
Licensing costs= R$ 50,000
Build first 20units R$700,000
TOTAL R$850,000
Sales revenue; 20xR$85,000 R$1,700,000
Phase 1 sales revenue rolled over to phase 2
Completion of 100homes;
Total Sales revenue R$8,500,000
Total cost 100xR$35,000 R$3,500,000
20homes to the seller R$1,700,000
Cost of project plus licensing R$ 150,000
Minus 5% sales commission on 80homes R$ 340,000
Minus corporation tax (1%) R$ 85,000
TOTAL R$ 2,725,000
Percentage profit; from initial investment
R$850,000 320 %
Anticipated time-frame to realize profit; 30months
The landowner is English.He is a local developer and has several projects under
construction near this landparcel.He does not have the capital right now to build
and is therefore looking for a investor/partner.
He has extensive knowledge of the licensing procedures,has construction teams
on stand-by and is familiar with the local agents who work directly with caixa
economica (minha casa minha vida program)
The personel and structure is already in place to facilitate the 4 stages of the project;
1)Licensing
2)Construction
3)Sales
4)Repatriation of profit
Provisional design for each 5 home project |
OPPORTUNITY
This is an excellent opportunity for any would-be investor to enter into the Brazilian housing market and realize high profit margins in a relatively short period of time with minimal capital needed upfront.
Please contact me for more information;
Mike Smith Real Estate Professional in Brazil License number;3125 Website; http://www.brazbeachhouse.com Blog; http://brazilbeachhouse-wwwbrazbeachhousecom.blogspot.com.br/ FB; http://www.facebook.com/pages/Brazil-Beach-House/126654720715275 Tel; NATAL,BRAZIL Office ; 0055 84 3225 2108 Cellular; 0055 84 8807 5651 SKYPE ; mikebrazilbeachhouse E-mail ; mike@brazbeachhouse.com