Atlantis Beira Mar Fortaleza Brazil

Constructed by one of the most highly renowned builders in Fortaleza Marquise; Atlantis Beira Mar is soon to be completed and ready to move in to. This high class apartment building located beach-front in Fortaleza still have a few apartments available and Fortaleza Real Estate can recommend this to any person searching for a high end property in Fortaleza Brazil.

The Atlantis Beira Mar is a sophisticated building under construction at prime location in Fortaleza ocean front on Avenida Beira Mar with completion in December 2012. The are several options of apartments available in the building. The condominium will feature several items of leisure options for its residents such as squash court, fitness center, massage room, steam sauna, Jacuzzi pool adult swimming pool, children swimming pool with small island. sun deck, playground, babysitting area, reading room, terrace, Zen space with bungalow, home cinema, games room and party room for family gatherings or birthday parties. 24 hour guarded entrance

The Atlantis Beira Mar apartments from 70,52 all with ocean view. These can be built with 4 different layouts of clients choice.
The Pacifico apartments are 128 m2 in size all facing the ocean. These come with one style layout.
The Indico apartments are 147 m2 in size all with ocean view and can be built with 3 different layouts of clients choice.

Contact Fortaleza Real Estate for more information about availability and prices.

Jardins Iracema – Good apartments for living or investment

One of the most successful developers of Fortaleza, Engexata, just delivered its latest project Jardins Iracema. Located in the popular neighborhood Iracema with many restaurants and the cultural center in Fortaleza. Itis only 3 minutes walking from the beach. This neighborhood is will also in the future feature the new aquarium built less than 500 meters (546 yards) from Jardins Iracema. Aquarium will open in early 2013 and it will be the biggest in Latin America.

Beautiful ocean view apartments, fully equipped building (swimming pool, fitness center etc.), comfortable 72m2 (775 sq ft) apartments and 2 parking spaces. Excellent apartments for investment as they will be easy to rent out. Fortaleza Real Estate has a high demand for rental apartments.

Developer offers financing.

Contact Fortaleza Real Estate now and let us show you an apartment.

Atlantis Beira Mar Fortaleza

The Atlantic Beira Mar is a sofisticated building under construction at prime locatiohn in Fortaleza ocean front on Avenida Beira Mar with completion in December 2012. The are several options of apartments available in the building. The condominium will feature several items of leisure options for its residents such as squash court, fitness center, massage room, steam sauna, Jacuzzi pool adult swimming pool, children swimming pool with small island. sun deck, playground, babysitting area, reading room, terrace, Zen space with bungalow, home cinema, games room and party room for family gatherings or birthday parties.

24 hour guarded entrance

The Atlantico apartments from 68,58 all with ocean view. These can be built with 4 differents layouts of clients choice.
The Pacifico apartments are 128 m2 in size all facing the ocean.

These come with one style layout.
The Indico apartments are 145 m2 in size all with ocean view and can be built with 3 different layouts of clients choice.
Prices start at R$ 469.000 for an apartment on 4th floor of 68,55 m2
The 145 m2 apartments starts at R$ 1. 347.000

Prices from April 2011. Please note that prices change in order to get accurate prices contact us.

Fortaleza a booming city

The tourist town of Fortaleza, Brazil is set to receive billions in infrastructure improvements as it prepares to host the World Cup in 2014. Fortaleza, which is already Brazil’s largest domestic tourism destination, looks to expand their tourism market even further.

Last year Fortaleza was Brazil’s #1 domestic tourism destination. It hosted 3m Brazilian tourists and 250,000 foreign tourists. In fact, it has been #1 for three out of the last four years. There is a hotel and short-term rental shortage. There is limited developable land remaining in the area these visitors want to stay in. This is where Brazil’s wealthy come to relax on the beach. This is where Brazil’s new middle class want to come as soon as they can afford to. Every day that passes more can afford to come. Brazil is now a middle class country.

The World Cup Effect

The big buzz in Fortaleza (and surrounding areas) is the huge investment in tourism and infrastructure. The government is spending 9.8 billion reais ($5.62 billion) in Fortaleza in the lead up to the 2014 soccer world cup. 63.3% of this spend will be on infrastructure projects. In June this year, Fortaleza’s governor released a list of projects that will be delivered for the 2014 games.

850 million reais will be spent on tourism projects—gentrification of urban areas and installing attractions like the state aquarium. And big amounts will also go toward things you’d expect—improved internet access, better gadgets for the police, new equipment for the hospitals, and so on.

Transport infrastructure with a 6 billion reais spend is the big winner. The government is committed to delivering quality projects that will encourage and facilitate the economic development of the region.

The Fortaleza area is going to see a major upgrade in road (there will be a new ring road), rail (Fortaleza is getting a metro system), bridge, port, and airport infrastructure. This will make certain areas more accessible and desirable. This will drive real estate prices in these areas higher.

Many of the projects on the governor’s list could create an opportunity for profit. Here are a few that have caught my eye:

• The south line of the metro will cost 1.8 billion reais. This will link downtown with middle-class areas and outlying industrial areas.
• 450 million reais is to be invested in the stadium. This area will also benefit from improved transport infrastructure.
• Fortim (to the east of Fortaleza) has been identified as an area to host visiting teams’ training camps. The government is already negotiating to host Spain. This project will involve a major upgrade in tourism infrastructure in addition to huge marketing exposure for Fortim.
• Road access is on its way to the village of Praia Bela from Aquiraz. This is a relatively small project (10.3 million reais) but will have a huge impact on Praia Bela. This area will also benefit from the completions of the bridge and new road from Praia du Futuro to the Beach Park area.
• Further funds have been allocated to upgrading the boardwalk area. And to the east of the boardwalk, the Port of Mucuripe is getting a 120 million reais passenger terminal.
• 9.7 million reais has been allocated to complete the bridge over the Coco River. Another 62 million has been allocated to link this bridge with Fortaleza’s ring road. This project will have a big impact on Praia du Futuro and the area that’s going to open up on the other side of the bridge.

My House My Life

While people from southern Brazil want to visit Fortaleza on vacation, Fortaleza’s new middle class want to move into a shiny new condo or house. They will want to be near infrastructure that will bring them to work and play.

There’s a government program called “Minha Casa, Minha Vida”. This translates to My House, My Life. This program has the mandate to make home ownership affordable to Brazil’s lower and middle classes. The My House, My Life program has 60 billion reais ($34.5 billion) in the kitty.

The program operates through a system of subsidies with Caixa Economica Federal, (Brazil’s government-owned savings and mortgage bank) at the heart.

Developers of qualifying projects receive a subsidy and a tax break. In return for this supply side incentive, they agree to offer units for sale at an agreed and competitive rate.

The government subsidy varies according to the applicant’s income. Earn up to three times the minimum wage and you can own a home worth up to 50,000 reais, by making payments equal to just 10% of your income. The maximum price depends on where you live. In Rio and Sao Paulo, for example, it’s 130,000 reais; in cities with more than 500,000 inhabitants (like Fortaleza), it’s 100,000 reais, and the cap is 80,000 reais in smaller cities.

This article has been republished from Pathfinder International. You can also view this article from Pathfinder International, an international real estate analysis site.

Vila Galé Cumbuco an important factor in Cumbuco

The new resort Vila Galé Cumbuco from Portugal’s second largest hotel chain Vila Galé is an important factor for any investor in the region in and around Fortaleza. Any property owner in Cumbuco will benefit from this 5 star resort being constructed at the moment. The Vila Galé Cumbuco ranks as a 5-star resort and consists of several blocks to be built on a 100,000 square meter property. The Hotel will feature 12 blocks of guestrooms, totaling 360 double rooms. In addition, 12 beach chalets and 17 standard chalets will also be on offer.

Other features of the Vila Galé Cumbuco include a 2,200 square meter catering area, a Satsanga Spa for relaxation, and a nightclub for more spirited guests.
In turn, the hotel will afford lovers of nautical sports the opportunity to join a Nautical Club. A Kids Club has been set aside for our younger guests. Moreover, the unit will also feature a 1,500 square meter outdoor pool and three tennis courts.

Houses and apartments in Cumbuco are becoming more and more attractive, Fortaleza Real Estate already have several options in Cumbuco for rent ranging from apartments in Dream Beach or houses like Villa Branca. Soon we will offer apartments in the newly constructed condominium Dream Village and Kariri Beach Residence.

Contact Fortaleza Real Estate to find out more about investment oportunities.

Property investments in Brazil

Investors are advised to look at property for sale in Brazil because of the country’s strong economy, according to an expert.

James Gonzalez, market analyst at Obelisk Investment Property, says that the country is “stable” under the leadership of President Luiz Inacio Lula da Silva and says the economy is “thriving” as the exports grew by nearly 15 per cent last month and people have the confidence to spend money. The Economic Commission for Latin America also reported that the country’s stock market registered a healthy trade surplus of $3,700 billion (£2,456 billion). Mr. Gonzalez has said that this tendency looks set to continue for the rest of the year, which is likely to be good news for Brazilian property investors

Paulo Wrobel, from the commercial section of the Brazilian embassy in London states that South American nation is likely to perform better during the recession than developed countries because the markets are “very robust”. Mr. Wrobel asserts that the regulations in place in Brazil are very strict for the last decade or so and the country has not seen the kind of turmoil experienced by other major powers.

He commented: “The construction is growing quite substantially but there was no madness in terms of lending for those without the capacity to pay.”

A consensus between analysts in the field of Latin American finances has found that Brazil and Mexico will be the healthiest economies in Latin America in 2009, Property Abroad reports. Property investors in Brazil will also experience a stronger-than-average drop in inflation, the magazine asserts.

Meanwhile, Brazilian property investors could be interested to hear that Mr Meirelles, the president of the Latin American nation’s Central Bank predicts the economy will grow at a rate faster than the global forecast of two per cent.

Fortaleza Real Estate

The Landscape Beira Mar Fortaleza

The Landscape Beira Mar is the latest in construction in Fortaleza. Apartments from 40 square meters up to 294 square meters. The price featured is the cheapest apartment available in this project. An apartment on 21st floor in tower 1 platinum beachfront at 294 m2 costs BRL 2. 230.030.

The construction is divided in three towers: Tower 1 Platinum Beira Mar with all apartments facing the ocean. Tower 2 Gold Beira Mar facing the ocean. Tower 2 Gold Joaquim Nabuco with side view to the ocean. Tower 3 A Abolicão facing the Abolicão avenue – no ocean view. Tower 3 I Diamond internal view – no ocean view.

Brazil likely to attract foreign investors

Brazil is likely to attract more interest from foreign property buyers in the near future, an expert has predicted.

According to Richard Way, editor of A Place in the Sun Magazine, the country is set to host the Fifa World Cup in 2014.

This, he said, will “certainly” have an impact on its property market, as new infrastructure will have to be created.

For example, the largest airport in South America is set to open in Natal next year, while David Beckham’s World of Sport complex is already up and running in the area.

Mr Way believes this will boost both the desirability and the value of property in north-east Brazil.

The 2014 World Cup will mark the second time that the country has hosted the football tournament.

Brazil is also in the running to host the Olympic Games two years later.

Fortaleza Real Estate

A Second Home in Brazil

According to a recent research published by Fundação Getúlio Vargas (FGV) – one of the most respected Brazilian economical institutions -, the purchase of properties (second home) by foreign tourists already generated a total of US$ 646 million in direct investments in Brazil. Among the major investors are the North Americans, Spanish and Italians, who transferred to Brazil 102, 82 and 63 million dollars, respectively.

The total amount invested by Europeans comes up to US$ 450 million. According to FGV’s study, 79% of the investors already knew Brazil and 76% mentioned “sun & beach” as the main reason for their investment.

Fortaleza Real Estate

Real Estate and construction in Brazil.

Newly available mortgages and the rise of the middle class are fuelling a construction boom but, as ever, wealth is failing to reach the favelas

Nowhere is the gap between rich and poor in Brazil more graphically illustrated than in the favelas of Rio de Janeiro or São Paulo. Rural Brazilians in search of employment have flooded into the major cities over the past few decades, only to end up living in squalor. The shortfall in housing is now estimated at up to 10million homes. Yet Brazil’s construction industry is booming.

In São Paulo, it is impossible to find cranes to rent, complains Sérgio Newlands Freire, who heads the estate agency group Brasil Brokers. Brasil Brokers is one of a number of real estate companies that have joined the IPO rush over the past year or so. Around a quarter of the record Brazilian stock offerings in 2006 came from the real estate sector, including house builders Gafisa and Cyrela, bringing much-needed foreign investment into the industry. The growth of a new middle class, along with the introduction of long term mortgages, previously unavailable, is expected to fuel a boom in housing construction. That will have a knock-on effect on employment in an industry that traditionally employs large numbers of unskilled workers. Many construction companies are starting to introduce training programs for their workers.

In commercial property, emerging markets will continue to attract “healthy levels” of investment, according to the recent Rics global property survey. “The emerging giants of Brazil, India, China and Russia now account for more than 50% of the world’s GDP, and have started to devour ever-increasing proportions of global property transaction activity,” the report says.

Investors eager to gain exposure to these booming markets have been “unfazed” by the volatility and economic weakness of financial systems, which so far have largely been confined to the developed world. Indeed, emerging economies such as Brazil are in better shape, according to Rics, as buffers of reserves have been built up on the back of rising oil prices and trade gains. As well as attracting overseas interest, the new economic stability in Brazil has encouraged longer term investments.

But the real estate industry still has a long way to go, says Jose Auriemo Neto, president of property development group JHSF. “It’s a country in which there’s still a lot to be done,” he says. “It’s important that Brazil has a positive outlook and is able to gain the long-term trust of investors.

Fortaleza Real Estate