Beachfront property for Eco-Resort development
Brazil · Bahia · Belmonte · Belmonte
Price
R$28,159,374
Bedrooms
0
Type
Plot
Ref
P148758
Property Details
- Country
- Brazil, Bahia
- Location
- Belmonte, Belmonte
- Type
- New
- Style
- Plot
- Bedrooms
- 0
- Size
- Not Specified
- Garden
- Not Specified
- Terrace
- Not Specified
Beachfront property for Eco-Resort development
Accessibility is great as one of the plot boundaries is a main paved road, 3 km from the nearest town (Belmonte - a 19th century colonial town) and 60km from an international airport (Porto Seguro). Belmonte was cited as one of the 4 fastest growing tourist destinations in Brazil.
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.