I have this land area for sale that is a brilliant option for just buying and sitting on for 3-5 years,especially if you are buying with the strong dollar,euro or pound.
It's located right on the BR101,the main highway that leads from Natal city up the north coast of the state.
It's just off a major roundabout with a big beer factory right opposite and an industrial belt,500mts
towards the city,ie the land is on the periphery of Natal's northern district(population of 400,000)
and only approx 8kms from the international airport.
There is a new housing development being launched on the other side of the road(the land is being cleared
right now)
Another development for approx 1000 residential plots will be made next to the property over the next 2 years.
The land is 2 hectares in size with 100mts of roadside by 200mts in depth.
The property could serve for the following in 2-3 years time;
1.Housing development..minium 60 homes
2.Apartment complex of up to 300 apartments
3.Shopping mall
4.Supermarket
5.Wharehouse facility/factory
You would have several options;
-) Subdivide into lots and re-sell
-) Sell a part/all the land when the time is right for
-) Make a partnership with a developer to build the homes/apartments.
For this you would receive approx 18% of the units built(in cash)
In the case of homes = 11 x R$130,000
In the case of apartments = 54 x R$ 110,000
This parcel is available for R$ 450,000 / 116,000 USD
I understand that the location is not touristic with particularly nice views but this is where the action is,it's a highly dynamic market and the area is expanding fast which makes it much easier to re-sell/negotiate for higher returns.I would be able to offer the land for re-sale or partnership through my contacts in this area and also have larger development parcels available close-by.
No comments:
Post a Comment