Petropolis Residencial Brazil

Edificio Dr. Geraldo Furtado (Petropolis Residencial) is an exclusive development located in Petropolis, Natal's top district, featuring apartments priced at 20% below market value. Just 86 apartments over 26 floors ranging from 2 to 3 bedroom units designed specifically for the local Brazilian market.

The apartments will appeal to professional couples or young families in one of the most sought after locations in Natal, and within walking distance to popular shops, chic bars and restaurants and to the beach. The units measure between 55m2 (view floorplan) and 99m2 (view floorplan). The complex is a gated community and features a leisure area with communal swimming pool, barbeque facility, private parking, and 24-hour security.

Location

Residencial Petropolis is located in one of the best and longest established neighborhoods of Natal. It has been classified by the local government as one of the four most exclusive residential neighborhoods of Natal, and the neighborhood of northern Natal with the highest monthly average income.

Surrounded by chic shops, bars and restaurants as well as shopping centres and universities, and also within easy reach of both the business district and the beach, including the coastal road leading to Ponta Negra (Natal's most famous beach), this area has been extremely popular with the local Brazilians since Natal was founded.

The surrounding area includes:

Nordestao supermarket - 400m
Prudente de Morais - 100m
Praia do Meio (beach) - 450m
Areia Preta (beach) - 600m
Hermes de Fonseca (road to airport) - 400m
Cathedral - 250m
Theatre "Alberto Maranhao" - 400m
Via Costeira (coastal road to Ponta Negra) - 700m
"Dunas" Stadium (est. FIFA 2014) - 5 kms
Natal Shopping Centre - 5.5 kms
Universidade Federal (UFRN) - 5.5 kms
Midway Mall Shopping Centre - 2 .5 kms

Investment Potential

Comparable properties in the area are selling for up to 20% more per square meter than Petropolis Residencial, which in itself provides immediate investment gains for purchasers. Additionally, due to the exclusivity of the neighborhood, the developer is offering a four year 6% guaranteed net rental return, payable in advance to the investor every six months. Investors who opt to rent their property individually can expect to achieve an estimated 10% rental yield.

Upon completion of the project in 2013, investors can opt to continue serving what should be a flourishing rental market for local Brazilians, or sell on the local market and achieve a very realistic gain of between 30 - 40% on their initial investment.

Interior Features

Pre-installed split air conditioning
TV antena
Internet and Interphone
Exterior woodwork in aluminium
Interior woodwork in treated noble wood
Chrome finishing

Key Selling Points

20% Below the market Value
10% achievable rental yield
6% optional Guaranteed rental
City location with high local demand
Clearly identified EXIT STRATEGY
Award winning developer

Pricing

Pricing for a unit at Petropolis begins at only $81,200 for a 55m2 unit and $136,000 for a 99m2 unit. Our payment plan: 25% due on signing the PPC, then eight equal payments of app. 8% over 30 months construction time, and the final 10% on expected completion in January 2013. Investors may thus enter this thriving local market for as little as $21,000.

For inquiries or to pre-reserve, please contact us at: brazil@vinniesworld.com or call 1-845-729-9977.