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Beachfront property for Eco-Resort development

* Real Estate Listings, Land for Development
* America, South America, Brazil, Bahia, Pôrto Seguro
* Date Posted: 2009-05-06
* Land / Lot area: 2,436,900 m2
* Price: 10,000,000 EUR (~ $ 13,640,145 USD) (Land / Lot area: 4.1 EUR / m2)


Beachfront property for Eco-Resort development

Plot of land of 2,436,900 sqm and 1,600m of direct beach front. Located at the Discovery Coast (UNESCO World Heritage Natural Site), State of Bahia, Northeast Brazil.
It's 3 km from the nearest town (Belmonte - a 19th century colonial town) and 60km from an international airport (Porto Seguro).

It’s ideal for a low-density Eco-Resort, with 5-star Hotel, 5-star Apart-hotel, residential villas, 18-hole golf course, horse riding centre, spa, nautical club and beach club.

A full Environmental Diagnosis and Impact Study have been carried out.
There is already a proposed master plan for the development of a low-density Eco-Resort but the buyer is free to re-design at will.
Electricity, water, roads and telecommunications are already connected to the site.

Buyer purchases the company that owns the property.
Selling price is considerably below market value: a study by Newmark Knight Frank declared a land value of US$10,000 to US$20,000 per beach front linear meter, in this exact location. However, the property is being sold below that interval, at US$8,125 per beach front linear meter, which translates into a price per square meter of US$5.33.

Raul de Brito
+351 969 794 288
* Price: 10,000,000 EUR (~ $ 13,640,145 USD) (Land / Lot area: 4.1 EUR / m2)
Keywords: plot, land, resort, beachfront, brazil
Date & Time Listed: 2009-05-06 15:00:13 GMT

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