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Brazilian Affordable Housing Project

Commercial Property in Northeast, Brazil

£4,207,273 / $6,500,000 / €5,142,222 / R$11,570,000


Ref: PROJECT105
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Hi

Brazilian Affordable Housing Project

£4,207,272.73 / $6,500,000.00 / €5,142,222.22 / 11,570,000.00 BRL

Northeast,

BRAZILIAN AFFORDABLE HOUSING: This project qualifies for the ''My House, My Life'' (Minha Casa, Minha Vida) government backed scheme. For investors wishing to be involved in an Affordble Housing Project (without need for investor hands on management) in Brazil developing on average estates of 2000 c homes for Brazilians. These houses are being built to supply the BOYANT Brazilian local internal market for families and are not targeted at the foreign market. The project financial ROI is estimated to be 138% and 228%. R$ 26,000,000 (USD $14.2m*) plus initial investment. returned. The initial investment will be returned in year 3
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* All properties are sold in Brazilian Reais (symbols R$ or BRL). Currency rates will depend upon your banks conversion rate at the time of transferring the monies. The current conversion rates used on this site are €1 = R$2.25, £1 = R$2.75, $1 = R$1.78. To check the latest rate 'spot rate' click here. Prices do not include the usual purchase costs associated with a property purchase ie. Government purchase tax, legal, admin and furniture.