Turtle Bay

Full Description

Situated on one of the most privileged and exclusive coastlines of Brazil, this unique land investment offers a top class golf and beachfront residential resort.? Spectacular beachfront location set amongst natural coconut and mangrove trees, next to the 19th century colonial city of Belmonte? Large serviced plots with amenities to include 5 star boutique and spa hotel and management company, first ever 9 hole golf course in the area, equestrian centre and an exotic beach club, tennis club and social area? Private gated community, with landscaped design, lagoons and water features? First release of project in a growing emerging market - securing early entry to below market prices? Strong predicted natural price growth and many accelerating factors? Contractually agreed automatic price increase of at least 8% before December 2007? New international airport planned for site just 30 minutes away? Other transport infrastructure improvements planned for air, road and sea routes? Strong domestic tourist demand from wealthy buyers from Sao Paulo & Rio de Janeiro and growing internationalprofile? Range of short, medium and long-term exit options? Favourable payment conditionsThe ConceptTurtle Bay is a perfect fusion of two worlds: luxury and eco friendly self contained resort specifically tailored for discerning investors willing to combine a safe asset with a unique life style in one of the most beautiful subtropical regions in the world. Set within a green conservation reserve, in a pleasant unspoiled environment, Turtle Bay is only 10 minutes walk to the small town of Belmonte, the colonial cocoa capital. A modern road network offers quick and comfortable access to the vibrant city of Porto Seguro and its international airport.The resort is set on 80 HA of land with direct access to the beach and is naturally landscaped with coconut and mangrove trees. The facilities offered will make it unique in the area: an exotic social and leisure area with 5 star boutique-hotel, club house, restaurant, lounge, seawater outdoor pools, gym and tennis courts. Golf lovers will havethe opportunity to relax and enjoy the beautifully landscaped 9 holes golf course; the equestrian centre offers the chance to discover the marvellous beaches and surroundings on horse back; the Spa will be a haven of tranquillity, offering a the wide variety of tailored treatments; the exotic Beach Club will be a place to unwind with breathtaking views. The elegant design of the development?s streets and gardens are inspired by some of the best resorts in the world with natural lagoons, wide paved walkways fringed with lush flowing plants and palm trees that provide a serene and enviable outdoor living experience.Prices & Payments? Price from approx ?22,185 ? Size of plots: 5,382 / 10.764 sq ft (500 m? / 1000m?)? Payment Method:? 25% immediate reservation payment in Escrow? 25% with final planning approval - Expected Nov 07 (signed pre-approval Sept 2007)? 25% when infrastructure and services starts (as per architects certificate)- 2nd Q 2008? 25% when services delivered - 3rd Q 2009? Obligatory construction of villas must begin from 2010 to 2011? Average construction period 15 -18 monthsConstruction Payment Method:? 25% when building starts? 25% when the roof is finished? 25% when the carpentry and glazing are completed? 25% on completion and final approvalGuaranteed Construction Price:? ?980 / m2 for all covered spaces? ?650 / m2 for uncovered terracesrraces and porches