Many developers offer interesting payment schemes. They allow you to buy property off-plan ie before or during construction, when the price is still low with down payments from between 15% and 40% of the property price.
By the time the property is finished, it will command a higher price because of market increases and the higher acceptable of a completely ready property. This means investors can “flip around” the property to another property buyer. Doing so, it is possible to gain an increase of 15% to 60% while you have never paid the full amount. Depending on down payment and speed of construction, profits from these deals can range from 40% to 100% per year.
Even in the “worst case” scenario, if the property can not be sold on completion, the balance to be paid can usually be advanced by the developer himself, typically over 4 years or more. Or it may be kept and rented out with the rental income paying off the financing loan.
In some cases the investment has grown 100% in one year!
Costa do Sauipe
Costa do Sauipe is located some 70 km from the International Airport of Salvador.
Costa do Sauipe was opened in Jan. 2001, featuring five hotels – a Marriott’s, two Sofitels, a Renaissance, and a Breezes Superclub, plus PGA golf course, spa, equestrian center, helipad etc.
This stretch of coast is very beautiful thanks to a combination of beaches, dunes and lagoons.
There are some 15 million square meters of land earmarked for development.There will be many investement oportunities arising over the next few years.