Thursday 8 May 2008

Property in Sao Paulo exclusive area could increase 25% per year

From only £ 61000 You can own property in the most prestigious part of Sao Paulo, with the predicted gains of up to 25% per year and 12% rental return

As the name suggests, top Alameda Morumbi development is situated in the trendy district of Morumbi, where some real estate agents are predicting prices rise by up to 25% in 2008. Investors can reserve their property from around 1800 £.

New Skys partner manager Kristina Hrman said: "With the developer forecast rental returns from nine to twelve percent, it is also worth considering for buy-to-let".

It contains a wealth of sports and leisure facilities, like a solarium; 25metre pool; wet residential area; gym; SpA; beauty centre, sports fields, children's playgrounds; boxes; skating and rollerblading areas, restaurant, cinema, bowling, art studio and even a circus training.

The large two-to four-bedroom apartments, from 95-124 square meters, contained en-suite master bedroom, balcony and two parking spaces. The development, designed by leading architects and Marcio Curi Azeveo Antunes, consists of two 28-storey towers with eight rooms per floor, and he is in beautiful gardens of Benedito Abbud.

Morumbi is one of the richest areas of Sao Paulo and contains beautiful gardens and parks, but it is also only 15 minutes from the city centre and within reach of the recently opened Guarulhos airport. Designer shops, restaurants and bars, five-star hotels and exclusive art galleries were all moved into the area. It is also the largest economic center in Brazil

San Paulo is a great football center and plays a major role when Brazil hosted the World Cup 2014.

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