Best Fortaleza Buy Right Now...Zero Down, Zero Interest

Dear Overseas Opportunity Letter Reader,

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

Ninety minutes from Fortaleza's international airport, I've found just such an opportunity, 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. That's zero interest.

That's right. You simply pay the price of your condo in 100 monthly installments of 1% each.

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 US$85,065 (that's 100 monthly installments of US$850). For a three-bedroom, 1,444-square-foot unit, it's US$1,607 monthly for a total purchase price of $160,714.

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'll look 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. 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. This is the smart play. For more details on this exclusive offer, get in touch here now.

Kathleen Peddicord

P.S. If you prefer to pay with cash up front, the prices become even more affordable. With 100% cash up front, you get a further 20% off the prices quoted above. In other words, that US$85,065 unit becomes yours for just over US$68,000. With 50% cash up front, you can still benefit from a further 10% discount. Get in touch here for full details.