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ILOA CONDO RESORT - BARRA DE SAO MIGUEL - ALAGOAS - SUMMARY
Please contact us for further details and to request your Iloa Condo Resort brochure
Hotel rooms as an investment are a relatively new concept in some markets. The concept originated in the US and now hotel investments are available around the world and are considered a profitable addition to any property portfolio. Investing in a unit in a hotel is just like a Buy-to-Let investment: you buy the unit and "let" it out to paying guests. The hotel then acts as a management company by overseeing the process for the investor. The most successful income generating assets have been those that use a well established hotel operator with a substantial track history and well forged connections within the travel business. The managed, turnkey nature of hotel investments allows investors to have a hands-off approach to the investment. The hotel company will manage and market the room on behalf of the investor, because it is also in their interest to increase revenue. On average, the yields generated from hotel room investments are much higher than traditional Buy-to-Let investments. Once a hotel is operating and a proven income stream can be shown, then the investor can then take advantage of the resale market. The room would be valued on a commercial basis according to the level of rental income, quality of operator and the hotel brand. It is reasonable to assume that, if rental income achieved rises 10%, then the room value will rise by a similar amount as it is typically the yield percentage that the new investor is seeking. Investors should look to buy a hotel room off-plan and take advantage of the early years' greater than average increasing rental income. Returns tend to increase year on year as the hotel establishes itself and word spreads. When the rental income has a solid track record then you have a proven and solid income generating asset to resell. Please contact us for further details and to request your Iloa Condo Resort brochureILOA CONDO RESORT - THE INVESTMENT At Iloa Condo Resort, you'll receive your yields every month. And you can leave it up to the hotel to receive the guests. Another considerable advantage over other properties is that after you invest, you are free of all trivial concerns. Your apartment will be in the pool of Iloa Condo Resort and under the management of the hotel operator. You do not have to worry about default, vacancy or demand from tenants, the condominium dues and IPTU (Municipal Real Estate Tax) will be the responsibility of the hotel operator, the apartment is already fully furnished and equipped, plus the maintenance costs are the responsibility of the hotel operator in the first 4 years. Your apartment will be included in the hotel pool and the revenues will be split equally among all the units, regardless of how many times your unit was rented. This guarantees that there will be no privileges and that you will always receive yields. The developer has so much faith in the project that they have assumed the risks. You invest in Iloa Condo Resort and they will provide a minimum guaranteed return for the first 2 years of operation. In other types of investment properties such as flats and hotels, the property owner's share is defined on the profit from the operation and not on the revenue. This is the major advantage of Iloa Condo Resort. The share of property owners is exclusively on revenues from daily rates. Besides being the perfect investment, you also receive 14 days per year private useage of your apartment in the Iloa Condo Resort. If you prefer, you can also enjoy a 14 day stay at other RCI hotels spread all over the world. RCI is a global leading vacation exchange chain with over 4,200 hotels in Brazil and all over the world. Based on the market reality, Iloa Condo Resort predicts a profitability of nearly 11% p.a. Based on just 96 apartments with an average occupancy rate of 62.5% and an average daily rate of R$210, the annual revenue would be R$4,599,000. The annual revenue of the owners will be 30% of the daily rates of Iloa Condo Resort = R$1,379,700. Therefore, if you acquire just 1 apartment you will have annual revenue of R$14,371.88. If the unit costs R$131,450, this provides an impressive return of 10.93% a year. In the last 3 years, the Solare Group has produced returns of 10% to 18% p.a., with an annual average occupancy rate of 80% and a customer satisfaction rate of 98%.
BARRA DE SAO MIGUEL - THE AREA Barra de São Miguel is the biggest tourism destination in Alagoas and is located less than 20 minutes south of Maceió. The area offers unrivalled white sandy beaches and crystalline waters, where they provide beautiful natural swimming among the coral reefs. One of the largest coral formations are located on the beach in Barra de Sao Miguel, parallel to the coast and forming one of the largest pools in the city. Nearby Praia do Gunga (Gunga's beach) is considered the most beautiful beach in the region. The beach is surrounded by coconut trees and its position guarantees a unique ocean colour surrounding the beach like you've never seen before. It's not just a favourite among locals either; several magazines and websites have ranked Gunga Beach in their top 10 best beaches in the country. Iloa Condo Resort will benefit from many investments in infrastructure and improvement works that will directly influence its immediate appreciation. One of them is the duplication of the highway connecting Maceió to Barra de São Miguel, leaving the development less than 15 minutes from the centre of the capital. With the roadway already underway and predicted to be concluded in 2011, Barra de São Miguel will face a dramatic rise in real estate values, since the town will then become a neighbourhood of Maceió and an easily accessible destination for its wealthy. Another important factor is the considerable increase of investments in the region. The facilities of a shipyard and a PVC manufacturing company, two of the largest ventures in the history of Alagoas, will be responsible for almost 2.5 R$ billion invested and 5,700 direct jobs generated. Please contact us for further details and to request your Iloa Condo Resort brochure |
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