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  • Cumbuco
Price £60,000
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Property Description

This beautifully designed development is currently under construction on the uncrowded beaches in Cumbuco. Situated between the sparkling blue sea and protected by sand dunes to the rear the development is close to the quaint town centre which has restaurants, bars and small supermarkets for everyday needs. Real estate in Cumbuco. Prices of Apartments, Land and Houses are increasing rapidly in Cumbuco. Now is the time to own a property here and you will experience an increasing value within the next few years.

This project is excellent value for money in a well established touristic area. The spectacular sand dunes and the beautiful beach decorated with coconut trees already achieved legendary status. Arround Cumbuco you will find miles and miles of empty perfect beaches for kitesurfing and windsurfing. The sun shines almost all year round with a nice average temperature of 28° C. Even if you are not addicted to kitesurfing there are many other activities you can choose from e.g horseback riding and buggy tours. The town of Cumbuco plays host to the Norweigan volleyball team, and is a favorite spot for many champion surfers and wndsurfers and this is not all after the sun sets there are a couple of restaurants and bars where you could start your evening with the famous brazilian caipirinha or enjoy the freshly catched fish or the great brazilian steaks. The fun doesn't stop when the sun goes down, it just begins. Only 30 minutes away Fortaleza has something for everyone, and this is especially true after dark.Fortaleza is famous all over the world for its nightlife.

The location is just 25 minutes away from Pinto Martins International Airport and 30KM away from Fortaleza. The Area receives 2.5 million tourists yearly with most of them being european. The average property value Appreciation is 20% per annum source Goldman & Sachs (One of the highest in the world currently).

TWO TYPES OF APTS: 75 SQ MTS & 104 SQ MTS 2 and 3 bedrooms
Beach front development with Community swimming pools, Sunning decks with bar, Sauna, Cafe, Lifts,Yoga Lounge, 24 hour security

Price : Payment options Stage payments

20% at contract

70% payable over 11 months interest free

10% at completion

Longer payment terms are available through developer finance.with interest rates calculated on a monthly basis in line with the IGP-M up until completion date. After Completion it is calculated at IGP_M + 1% up until 80 months

IGP-M – Market General Price Index calculated by the Fundação Getúlio Vargas (FGV). The collecting of prices is carried out between the 21st of the previous month and the 20th of the current month and it is published on the 30th of the current month It is composed of three indexes: Wholesale Prices Index (IPA), Consumer Price Index (IPC) and Construction Cost National Index (INCC) that represent 60%, 30% and 10% respectively of the IGP-M.

Maintenance fees per year = £1440 approximately

Completion is end of 2010

Contracts are assignable

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Property Location

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