Garapua Beach Resort
Harlequin Hotels & Resorts is purchasing 1,700 acres of land in Bahia, Brazil with a view to creating a 5 star luxury spa resort called Garapua Beach Resort in which it intends to incorporate a Gary Player Signature Golf Course, Pat Cash Tennis Academy, Football Academy, Trader Vic’s restaurant, Senor Pico’s and Mai Tai Lounge. Negotiations are underway for these brands to be included in this resort.
Harlequin Hotels & Resorts are proposing to sell freehold plots of land from 450 sq m at up to 50% below market value and providing the owners of the land with the option to build a property within 5 years of receipt of title to the land. Owners of the land will be able to choose from a selection of property designs which can be customised to their individual requirements.
The plots of land are situated in what will become an exclusive gated community with landscaped gardens and swimming pools within a 5 star luxury beachfront spa resort. Residents and guests will have full use of the facilities within the resort. The hotel operator will manage and maintain the public areas within this area.
Why this is an Excellent Investment Opportunity
Real estate investment is growing due to the increasing popularity of Bahia as the favourite holiday destination of Brazilians because of its year round climate, pristine beaches and the excellent infrastructure already in place. It has excellent accessibility with flights into Salvador from Europe and the USA yet is still underdeveloped as a tourist market internationally and is predicted to grow exponentially. There is a huge demand for tourist accommodation and the property market is booming with foreign investment increasing as there are no restrictions on foreign ownership and inward investment is being actively encouraged by the Government. Brazil is also hosting the 2014 World Cup and is bidding for the 2016 Olympic Games.
Garden Suites from £50,00 - £65,000
Beach Suites from £70,000 - £85,000
1 Bed Suites from £100,000 - £115,000
2 Bed Suites from £125,000 - £140,000
2 Bed Wrap Suites from £150,000 - £160,000
1 bed Detached Villas from £175,000 - £190,000
2 Bed Bali Villas from £275,000 - £330,000
2 bed Detached Plantation Villas from £340,000 - £365,000
4 bed Detached Plantation Villas from £455,000 - £465,000
1 bed Island Sanctuary Villas from £400,000 - £430,000
2 bed Island Sanctuary Villas from £600,000 - £630,000