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Investing in an award-winning resort THE CORAL NORTHEAST BRAZIL

BRIC the Coral

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Page 1: BRIC the Coral

Investing in an award-winning resort

THE CORAL NORTHEAST BRAZIL

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2 T H E C O R A L I N V E S T M E N T

An Award-winning ResortThe Coral is a luxury resort under construction. It will be a five-star holiday destination in Northeast Brazil. The Coral will offer residents and visitors the ultimate well-being experience in harmony with breathtaking natural surroundings, nestled between a stunning natural lagoon and the warm waters of the Atlantic.

The Coral is situated in an already established tourist location for Brazilians in the idyllic beach destination of Praia de Guajiru, in the state of Ceará, Northeast Brazil. The resort will be a natural paradise of over one million square meters of beautiful sand dunes, exquisite Atlantic beaches, cool lagoons and tropical coco and palm plantations.

The resort will be distributed across five individual communities that each take advantage of its own unique landscape. A comprehensive list of onsite amenities will be available including an eco-friendly boutique hotel, well-being centre, state-of-the-art fitness centre, a range of sports facilities and numerous retail and social conveniences including a beach club and lagoon clubhouse.

Planning permission for a luxury resort style development with low density buildings and various onsite facilities was granted to The Coral in September 2013. The building of road infrastructure is already underway.

The Coral is located in one of the most beautiful natural environments in the world.

The Coral has won four awards over the last 2 years

including the Best Residential Development in Brazil 2014-2015 by Americas Property Awards.

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Real Estate in Paradise

The resort will offer 700 exquisite building plots grouped into small enclaves of around 20 villas and three condominium complexes. There will be various commercial buildings for retail outlets and a boutique hotel. Plot sizes range between 397.5 sqm and 1,060 sqm (4,284 sqft and 11,410 sqft).

Seven villa designs in our Brazilian, Modern and Rustic collections are available to choose from. Four of our seven villa designs are award-winning. Villa designs are in complete harmony with the exquisite natural environment of the resort and offer an exceptional living experience.

Apartment complexes will keep to the low density principal and will offer a distinctive architectural style. Two of the complexes will be located in the beachfront community where residents will enjoy stunning views along the Atlantic shoreline. The third complex will be located overlooking the lagoon with spectacular sunset sceneries.

The Coral will be a sustainable, low density development designed to be in complete harmony with nature and to ensure the skyline is kept as nature intended.

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Development MilestonesThe Coral has already achieved many key development milestones including full planning approval for a luxury resort with a variety of onsite amenities.

Achievements So Far

Show home construction in Sunrise Beach, August 2015

Road paving on the road between quadras 1 and 3 in Sunrise Beach, June 2015.

Show home construction in Sunrise Beach, August 2015

Drainage pipe works in Rio das Palmeiras, April & May 2015.

Road paving on the road between quadras 1 and 3 in Sunrise Beach, June 2015.

THE CORAL SITE SELECTION

The site for The Coral resort was chosen and purchased in 2008 and is owned 100% by the developer.

CONCEPTUAL MASTER PLAN APPROVAL

The first conceptual master plan was submitted in 2009.

FINAL PLANNING PERMISSION APPROVAL

The Coral was granted full planning approval in September 2013.

GROUND WORKS COMMENCE

Ground works for the road infrastructure and utilities began in January 2014 and is well underway.

THE CORAL WINS FOUR AWARD

The Coral wins four more awards including Best Residential Development in Brazil 2014-2015.

SHOW HOME CONSTRUCTION

Show home construction is well underway and due for completion in December 2015.

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6 T H E C O R A L I N V E S T M E N T

Investment Opportunity

Property in Northeast Brazil is in high demand. Brazilians across the country choose the north east as their favourite holiday and second home destination due to the ideal climate, its affordability and investment potential of owning property in the area. Strong demand comes from Brazil’s huge wealthy middle and upper classes, which comprises over 104 million Brazilians.

The Coral has been created as a direct response to this huge domestic demand from Brazil’s growing affluent population for quality accommodation and luxury holiday experiences in Brazil’s north east.

INVESTMENT LEVELCurrent plot prices start from US$30,122. Finance options are available.

LAND CAPITAL GROWTHIf you choose to hold on to your plot and resell it at a later date, land capital growth is estimated to be between 10% and 15% per annum.

NEW BUILD INSTANT EQUITY If you choose to build a villa on your plot instant equity is estimated to be between 9% and 31%, depending on the villa chosen. There are seven villa designs to choose from offered at a highly competitive all-in cost for the plot, build and legal/administration costs.

OFF-PLAN DEVELOPERBe an off-plan developer by purchasing plots today and selling off-plan properties to the local market in three years when the resort is complete. Earn an estimated 22% - 159% return on investment.

RENTAL POTENTIALThe projected annual rental return for The Coral villas is between 11.69% and 18.47%. The calculation is based on research of comparable rental prices and occupancy rates in the area.

The Coral offers a number of exceptional investment opportunities with different entry levels and earning significant returns on your investment.

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Strategic Location: The Exit Market

7 T H E C O R A L I N V E S T M E N T

Northeast Brazil is home to one of the country’s strongest property and tourism markets. The area is renowned for its exquisite beaches and near perfect year-round 28 degrees temperature. It has long been established as a preferred tourist and second/holiday home destination for Brazilian’s, with the region receiving a large number of the 60 million domestic tourists each and every year. International holidaymakers and investors are increasingly looking to the area as property investment opportunities are apparent catering to the huge domestic holiday rental market.

Demand for quality accommodation and exceptional resort experiences in the north east comes from Brazil’s wealthy middle and upper classes for second/holiday homes in their favourite holiday destination. However, there is short supply of completed resort accommo-dation offering a luxurious living experience. The short supply of quality property in Fortale-za and its surrounding area against high demand has seen property prices rise by 13% in the year to August 2014, according to the FipeZap Asking House Price Index published by the Foundation Institute of Economic Research (FIPE).

Brazilians choose the north east as their favourite holiday and second home destination due to the ideal climate, its affordability and the investment potential of owning property in the area.

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8 T H E C O R A L I N V E S T M E N T

Praia de Guajiru, in the state of Ceará, is the chosen location for The Coral. An idyllic beach destination on the Atlantic coast, it is nestled between Lagoinha, Flecheiras and about an hour and a half from Fortaleza. It has been a popular holiday location for wealthy families from Fortaleza for decades. With recent improvements in road infrastructure, Guajiru is increasingly being discovered as a superb holiday destination for Brazilians from other regions of the country as well as international visitors. Praia de Guajiru offers great beaches, superb weather, lush natural surroundings and a peaceful ambience.

Ceará is the eighth largest state in Brazil by population and one of the main tourist destinations in the country. The state is strong economically with growth four times higher than the national average in 2012. Tourism plays a large part in its economic strength with almost half a million tourists per annum.

Fortaleza is the fifth largest city in Brazil and is the state capital of Ceará. It is a lively, cosmopolitan city that is a hive of activity and one of the top tourist destinations in the north east. The city was one of the host cities for the 2014 FIFA World Cup and as a consequence has seen huge investment in infrastructure projects.

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Brazil’s Success Story

It is the largest economy in Latin America and the Caribbean, ranks sixth in the world and over the last decade has been one of the globe’s fastest growing economies expanding at an average 5% per year. It is estimated that within the next five years, Brazil will move up to be the world’s fifth biggest economy.

Brazil has a diverse and sophisticated economy. It is completely energy self-sufficient and has huge natural resources. Oil and gas reserves continue to be discovered off Brazil’s coast and it is now the world’s ninth largest oil producer. Brazil’s energy reserves are growing at a time when worldwide reserves are declining and becoming more expensive.

The World’s Most Attractive Investment DestinationBrazil has seen record levels of foreign direct investment in recent years with major multinationals establishing themselves in the country as the most cost effective option for them to access Brazil’s huge consumer market. A recent survey saw Brazil rated as the most attractive location for future foreign direct investment in Latin America, which is expected to continue over the next 3 years.

Brazilians Have More Money Than EverWealth across the board has dramatically increased in Brazil. Government schemes have lifted millions of people out of poverty. Increased employment and higher salaries have created a booming middle class. 15 million jobs have been created over the last eight years with average incomes up by 43% between 2007 and 2011, and record low average unemployment. Over the last 10 years 35 million Brazilians have joined the middle class which today represents over 50% of the population, an incredible 104 million people. Brazilian’s are making more money than ever and for the first time many, are able to save and invest.

Brazilians are Buying PropertyMore easily available and affordable mortgages combined with the substantial increase in overall wealth and purchasing power has created a strong market for Brazilians buying both first homes and second/holiday homes. In 2006, the mortgage market was overhauled which led to a dramatic lowering of interest rates. Mortgages today are much more accessible to a large proportion of the Brazilian population.

Brazil’s economic growth is one of the great success stories of the last 10 years.

9 T H E C O R A L I N V E S T M E N T

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Large-scale Investment Creating Jobs and Driving Wealth Creation

The Brazilian government’s drive to drastically improve living standards and with preparations for the major international events 2014 FIFA Football World Cup and 2016 Olympics has seen massive investment in infrastructure and construction.

For the World Cup, 12 new stadiums were built across the country and $13 billion (£8 billion) pledged by governments to dramatically improve infrastructure. According to the Economic Research Institute Foundation (FIPE), the 2014 World Cup was expected to inject US$13.5 billion into the Brazilian economy. Brazil’s Ministry of Tourism, estimates that the World Cup generated around one million jobs in

the country. The Olympics is predicted to generate direct investment of approximately R$30 billion with a further R$90 billion indirect investment.

The nationwide program for the Acceleration of Growth (PAC) is generating investment projects in repairing highways, airport and ports, boosting energy development in the north and providing basic utilities to the poorest Brazilians. Such large-scale, nationwide improvements in infrastructure and housing have stimulated massive investment from both government and private industry which in turn has greatly contributed to job creation and higher salaries.

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Disclaimer : The information contained herein is solely for informational purposes and does not constitute an offer by BRIC Group to sell, rent or lease real estate. All information provided is believed to be accurate and correct at the time of publishing and is given in good faith. BRIC Group disclaims any warranties or representation concerning the accuracy, correctness or reliability of the information contained within this document and instructs you to independently verify the accuracy of the information provided. All intellectual property rights are retained by their owners. All content including text, images and logos are the property of BRIC Group. It is not permitted without the express prior consent of BRIC Group to transfer, copy, distribute or compile in whole or part any of the content contained herein.

05-15-03