This 5-Star Country Club Resort is a 150 hectare, upscale mixed-use resort and condominium in the state of Paraiba in north east Brazil. Located 30km from the state capital city – Joao Pessoa, as well as 80Km from Recife (state capital of Pernambuco and largest city in north east Brazil). This resort is scheduled to complete its core infrastructure and leisure facilities construction in 2014..
KEY FEATURES OF SITE INCLUDE:
- 17Ha of Commercial land for Resort Hotel, etc development – POA
- Construction of all core infrastructure and facilities nearing completion
- Residential development land areas 75% sold out (65% of sales to local Brazilian market)
- Planning and licensing for villas and commercial activities (Resort Hotel, shopping centre, apartments, bungalows) already in place
- Construction ready site for Resort Hotel, aparthotel, bungalow/cabin, apartment development
- Over 40 different leisure facilities included in the current project delivery available to your project
- Strong location and connections to city, coastline and premier beaches
- Significant local infrastructure and tourism development within the local area
5-STAR COUNTRY CLUB RESORT HOTEL DEVELOPMENT
2011 MRICS Feasibility conducted by CEA Associates outlined the feasibility for Hotel development within the Country Club Resort Site. Outlining a 250 Key international upscale flag level hotel would achieve a forecast IRR of 16% based on 2011 research and figures. It also suggested that the site would support an additional midscale hotel project of similar scale.
An opportunity exists within the resort community for the acquisition of prime location development land within the site of up to 17Ha of land with full planning, licensing and core infrastructure (electricity, water, road access, etc) for the construction of Hotel.