Fully approved 600 unit development for sale in Natal/Brazil

RESIDENTIAL PROJECT FOR SALE IN NATAL/NORTH-EAST BRAZIL


DETAILS

Prime 40,000m2 land area in densely populated region on the outskirts of Natal city.
Fully approved licensing for a 600 unit development.Building permits in hand.
Very close to the national brazilian highway(BR101)
Opposite the new Federal Institute of Technology(currently under construction)
1hectare preserved for leisure/green area.
The project consists of 9 towers each with 66units(17floors)
Buyer financing will be available.

BREAKDOWN

Estimated sales price per unit                   =   R$110,000
Estimated net sales revenue                     =   R$ 66million reals
Asking price for land+project                     =   R$3.5million reals.
Estimated cost of build per unit                 =   R$40,000'including infrastructure
Estimated construction cost for project      =   R$24million
#Construction of apartments in stages/roll over sales revenue into next stage#
Corporate tax on this type of development= 6.9%
Sales Commission                                   =3-5%


PROFESSIONAL ASSISTANCE

Experienced International developer with strong local connections available to execute project administer and realise sales of units.


LOCATION

We have a big portfollio of approved projects suitable for Minha Casa Minha Vida and land areas for development in and around Natal city.
Please contact me for further information;

Mike Smith
Real Estate Professional in Brazil
License number;3125
Tel;      NATAL,BRAZIL
Office  ; 0055 84 3225 2108
Cellular; 0055 84 8807 5651
SKYPE   ; mikebrazilbeachhouse

E-mail ; mike@brazbeachhouse.com
Website; www.brazbeachhouse.com