Beachfront Real Estate In Fortaleza, Brazil

Smart Play On Brazilian Sun And Sea

July 12, 2009
Fortaleza, Brazil

PLUS: Going Once, Going Twice, Panama's Best Property Buys On The Block..."Welcome Home, My Friend!"...Most Tax-Friendly...Bring The American Dream With You...

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Discover the world's #1 retirement haven...top offshore haven...and most user-friendly tax haven

Panama also hides the smartest beach, river, and mountain property buys anywhere on the planet today.

Learn how to stretch your retirement dollars...how to pay zero tax...and where to invest for serious upside in this little country that is enjoying continued growth and prosperity, worldwide financial meltdown notwithstanding.

If you're wondering how you're ever going to be able to afford to retire...or where in the world you can invest smart amidst the current global market chaos...Panama is the answer.

It's also a beautiful land blessed with an abundance of wildlife and two long coastlines. Discover the upsides and advantages of Living and Investing in Panama.

Details here.

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Dear Overseas Opportunity Letter Reader,

The dirt is flying fast and furious along the northeast coast of Brazil right now, and, frankly, pre-construction investment opportunities in the area are a dime a dozen. I've been biding my time here, doing my due diligence, considering many different options. I wanted to be able to alert you to the one I'd vetted as the best buy, the intelligent choice.

Earlier this week, I introduced you to precisely that, an opportunity 90 minutes from Fortaleza's international airport available at what qualify as the most attractive terms I've come across in more than 25 years of scouting international real estate markets.

But there's more to the planned Sol y Mar Beach Resort than its very low price and super easy, interest-free payment plan.

Situated on a 40-mile stretch of golden sand, fronted by clear, warm waters, this is a place where--even if your plan is strictly buy-to-let--you'll find it hard to resist spending at least a little time.

As you stroll the beach at Sol y Mar, you won't be shadowed by a towering concrete condo block. The developers here are committed to providing a first-class resort that blends with the natural surroundings. Unlike the typical condo towers that are shooting up along other parts of this coast, plans are for just four stories plus a mezzanine level...and coconut palms will be planted to shield the buildings from beach view.

The Sol y Mar Beach Resort project is a joint venture between a North American-owned company and a local Brazilian construction company with more than 26 years of building experience. And, from what I've seen, these guys are pulling out all the stops to provide every luxury a high-end tourist could possibly want.

On the plans are a super-sized infinity pool (more than 450 square meters)...a full, Western-standard spa...plus a fitness center, lap swimming pool, sports and games pool, an artificial lagoon, beach bar for residents, luxury poolside restaurant serving full meals, tropical gardens, and a children's playground.

And, when completed, this five-star resort on this "Sunset Coast," near the little fishing village of Guajiru, will have just 96 units. No fights here for room on the beach...a race for the last deck chair...or an hour-long wait for a treadmill.

Each unit comes with its own gas-fuelled barbecue on the terrace. And every single condo benefits from a sea view.

What's particularly exciting about this opportunity, though, is its easy payment terms. If the Brazilian sun, sea, and sand appeal...or you're looking for a relatively low-risk buy-to-let opportunity...the payment plan makes it a no-brainer.

Unheard of in most real estate transactions (and particularly in pre-construction projects, where developers are usually strapped for cash), you have no down payment. That's zero down. You are being offered 100% financing with no interest for your pre-construction payments.

That's right. You simply pay the price of your condo in 100 monthly installments of 1% each. As I said, these are the most buyer-friendly payment terms I've known for any international property investment opportunity anywhere.

Because the project is in its pre-release stage, we have been able to negotiate a special discount with the developer exclusively for Overseas Opportunity Letter readers. This special exclusive offer is available for the first 40 units sold.

Right now, you could own a two-bedroom, 712-square-foot condo for as little as 192,584 Brazilian reals. A three-bedroom penthouse unit, 1,444-square-feet, can be purchased, with the Overseas Opportunity Letter discount, for as little as 340,000 Brazilian reals.

At the current rate of exchange, this means you can buy the two-bedroom unit, at the beach, for less than US$100,000 (that's 100 monthly installments of less than US$1,000). The penthouse unit is as little as US$175,000 (that's as little as US$1,750 monthly).

These prices represent a minimum discount of 25% off what they will be when this property is launched to the general market later this year.

Completion is scheduled for early 2013, at which point you can sell your unit, keep it for your own exclusive use, or enter it into the resort's vacation rental pool. While the condo units command higher prices during the summer months, the developer is confident that, off-season, Sol y Mar should receive its fair share of local tourists. A growing number of Fortalezian couples and families are seeking weekend escapes away from the city bustle, and this is the kind of property they're looking for.

If you do enter your unit into the rental pool, the developer is offering a guaranteed annual return of 6% for the first three years. Understand, though, that putting your condo in the rental pool doesn't mean you can never use it yourself. All rental unit owners are entitled to four weeks' personal use, allowing you ample R-and-R time beneath the Brazilian sun.

By acting on the opportunity now, ahead of the general market, you have the chance not only to get in at a lower price...but also to grab one of the best units, closest to the beach.

Yields are the name of the game in the current investment climate. This is the smart play.

For more details on this exclusive, specially discounted offer, get in touch here now.

Kathleen Peddicord

P.S. What else this week?

• Panama's property market has turned. Values aren't crumbling, as they are elsewhere in the world, but prices definitely are down and properties aren't selling the way they used to. Owners who don't have months to wait for a sale are beginning to get creative...

• "'Welcome home, my friend!' That's how I'm greeted every time I arrive in Belize," writes Correspondent from that country Phil Hahn.
  
  "I've felt at home in Belize since my first visit in 2003, and, since then, I've worked to make it my second home. I have more friends here now than 'back home.' These friends I've made in Belize have come from all over the world, and all have fascinating stories. Some are adventurers, others educators or entrepreneurs, some salt-of-the-earth folks looking to make new lives.
  
  "Most people you meet in this country have two common characteristics. They are hospitable, and they are fiercely independent. The average Belizean--including those who've adopted this country as their homeland--would choose to live in a humble home and off the land and sea rather than be beholding to someone. This country operates according to an old school mentality that many of the world's more developed nations have forgotten..."

• Most countries are relatively tax-friendly when it comes to retirees. That is to say, a foreign resident's pension or Social Security income typically is not taxed anywhere in the world--except, of course, in your home country. In other words, if you retire from the United States to Panama, you pay tax on your pension income only in the United States, not in Panama. If this is the only income you'll have as a retiree overseas, then tax-planning isn't an issue for you. For you, one jurisdiction is as tax-efficient as another.
  
  Things get more complicated when you have passive (investment) or earned (wages or business, including self-employment) income to report. Unfortunately, tax rules vary greatly jurisdiction to jurisdiction...