A combination of soaring popularity and stringent planning regulations have previously meant there were few opportunities for Fly to Let investors to purchase properties in the Brazilian beach side village of Pipa.
But the acquisition of a site once occupied by a tumbledown villa is allowing www.uv10.com to offer the chance to own rental property right by the main beach.
Samantha Gore, head of sales & marketing for www.uv10.com, said: “Pipa village conforms to the old investment adage – demand outstrips supply.
“With the local authorities being so protective of their rich natural environment very few build licenses are dished out in this area and ‘Pipa Beach’ is one of a select, fortunate few.
“Based on research from Pipa town itself, where the average annual rental occupation is around 65 percent, one bedroom apartments in Pipa Beach could command 200 reais (€70) a day in high season, that’s from December to March plus July and August, and 300 reais (€110) a day for two bedrooms.
“This would drop slightly to 150 reais (€53) and 250 reais (€90) respectively in low season. With full rental management and a choice of furniture packs on offer, these sorts of rates are perfectly achievable.”
The gated project of one and two bedroom properties is 10 metres from the white sands and turquoise waves fronted by natural lagoons. And, unusually for this stretch of northeast Brazilian coastline, there are no steps or sheer drops to negotiate, just a simple same-level stroll, making it especially interesting for the less able.
With a choice of one or two bedrooms, apartments at Pipa Beach enjoy private balconies with front row sea views as well as rooftop solarium shared exclusively between the six homes complete with two plunge pools.
There is a rental management scheme, Natal’s Augusto Severo International Airport is 80km to the north of Pipa and one of the largest airports in the world is currently under construction close to the city.
Prices at Pipa Beach start from €93,000 (approx £81,000) for a one bedroom apartment and from €110,000 (approx £96,000) for a two bedroom. Completion is expected by October 2010.
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