| NEW INVESTMENT BRAZIL |
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| Written by Steve Perrin |
| Saturday, 17 July 2010 11:41 |
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Our latest product for investment in Brazil consists of capital investments into the Brazilian government backed social housing scheme Minha Casa. The investment is for 204 high-end quality homes, aimed at class B (upper middle class) market. This is the fastest growing housing market in Brazil. Located in the North East of Brazil, in Rio Grande area, Norte, Parnamiram, near Natal. The development company is Estrutural Brazil prominent company in the North East of Brazil, second only to Cyrela, Brazil’s largest property developer. With a total investment of €10,000,000 and returns guaranteed through legally binding contracts, this opportunity to participate in the Brazil social housing programme offers 200% returns over two years.
With a government budget of R$105.7 billion, (47 billion €) Minha Casa Minha Vida is solely financed by the government - owned Caixa bank. The largest public bank in Latin America, Caixa provides both funds for developers of Minha Casa Minha Vida projects and mortgages for homeowners. To date, our partners Obelisk International are developing and managing Minha Casa Minha Vida projects in and near Natal, totalling nearly 3,000 social housing units. These represent 5.2% of the total Minha Casa Minha Vida allocation (57,500 homes) for the region of Rio Grande do Norte. As the social housing programme expands, Obelisk will announce Minha Casa IV, capital investments into Minha Casa Minha Vida projects. The new scheme will be available for presentation around the middle of July, please request a presentation by video link up (Skype required) or for more information contact This e-mail address is being protected from spambots. You need JavaScript enabled to view it |
| Last Updated on Sunday, 18 July 2010 05:37 |











