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  • BRL25,000,000
    •
    CHECK IF AVAILABLE
    CHECK IF AVAILABLE
  • Investment
  • For Sale 
  • Poco Da Draga, Fortaleza
  • brazil Flag Brazil
EXCELLENT INVESTMENT IN CEARÁ
TOURISTIC COASTAL BEACH

Located in one of the most beautiful Brazilian beaches, the enterprise is a state of the art project that combines luxuries residential condos and a five star hotel. The project fills the necessity for quality accommodation and service of the host industry in the state of Ceará, one of the most growing states of Brazil. Located at 130 km from Fortaleza, which is a 2.5 million habitants Capital, the tourism trade will jump exponentially increasing the demand for superior service as well as residential and tourism accommodations.

The Project

• All licenses and building permits obtained;
• 110 villas with 72,95m˛ and 92,7m˛;
• 154 apartments of 65m˛, 79m˛, 96m˛ and 111m˛;
• 45 houses 176,75m˛;
• 39 houses of 187,57m˛;
• Full service, 150 units hotel under the flag of Doubletree by Hilton (brand of Hilton Hotels), composed:
- Convention center, business Centre, restaurants, swimming pool, wet bar and fitness/SPA.
• Condominium with two restaurants, beach bar, beach support, football field, tennis court, SPA and sauna.
• 24 months of construction.

Numbers residential
• Residential Average selling price R$ 4.500,00 (USD 2.743,90) per M˛
• Total selling area 35.304,96 M˛
• Potential sales value of residential units (PSV) R$ 161.608.454,40 (USD 98.541.740,49)
• Additional potential sales value with the fractional selling system + R$ 13.000.000,00 ( ,26)
• Total built area 38.580,67 M˛
• Average construction cost R$ 1.789,43 per M˛ (USD 1.091,11)
• Total construction cost R$ 69.037.408,32 (USD 42.095.980,68)
• Total Land cost R$ 20.396.874,00 (USD 12.437.118,29)
• Other involved expenses R$ 30.644.769,68 (USD 18.686.835,17)
• Target profit 28%: R$ 45.250.367,23 (USD 27.591.687,34)
• Result at 50% leveraged 10,77%y cost, total financial cost of R$ 3.720.965,16 (USD 2.268.881,19) and internal rate of return (IRR) of 99,43%; (based on feasibility study and cash flow result )

Numbers of Hotel
• Built area of 11.746,02 M˛
• Target construction cost R$ 1.655,11 per M˛ (USD 1.009,21)
• Total construction cost R$ 19.440.955,16
• Land cost R$ 4.083.126,00 (USD 2.489.710,97)
• Equipments and furniture cost R$ 6.190.560,00 (USD 3.774.731,70)
• Reserve for initial operations R$ 1.215.063,00 (USD 740.892,07)
• Other involved expenses R$ 2.258.031,84 (USD 1.376.848,68)
• Result at 80% leveraged 8, 50% y cost, total financial cost of R$ 2.301.381,19 (USD USD
1.403.281,21) and internal rate of return (IRR) of 89,57%; (based on feasibility study and cash flow result).

FOR MORE INFORMATION, PLEASE
CONTACT

ARMANDO CAMPOS
 --(Phone number)-- .0018
EXCELLENT INVESTMENT IN CEARÁ
TOURISTIC COASTAL BEACH

Located in one of the most beautiful Brazilian beaches, the enterprise is a state of the art project that combines luxuries residential condos and a five star hotel. The project fills the necessity for quality accommodation and service of the host industry in the state of Ceará, one of...
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