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Atlantic Palms Secure Private Condominium, Caripibus, Brazil

1. Background to the area

Carapibus is a growing community overlooking the tropical waters of the Atlantic Ocean. The nearby fishing village of Jacuma offers many facilities including good restaurants, beach bars, shops, a post office, pharmacies, gas stations, a medical clinic, a waterpark, schools and bus and taxi services.

In 2005, the Brazilian Government approved an initial investment of 19 million Reais (£4.75m) into the tourism infrastructure in Jacuma, which will include redeveloping the main high street, new beach bars, a shopping mall and a complete overhaul of the beachfront.  There are also plans for at least three golf courses in the local area.  This government grant, coupled with an unprecedented level of foreign investment in the last 12 months, makes the area around Caripibus one of the most potent real estate markets globally.

The nearby city of Joao Pessoa (25 minutes drive) is the capital city of the state of Paraiba and the second greenest city in the world. It boasts world-class beaches, shopping, fine dining, bars and clubs. There is also a first-rate healthcare system, inexpensive high quality private schooling and a fantastic, year-round climate.

Joao Pessoa also has an airport which currently receives flights from the major cities in Brazil, however the government has granted Joao Pessoa Airport its International license and it is using a R$38 million (£9.5million) investment to upgrade its facilities to be able to receive International flights in 2007.

International Airports

Recife – 111km

Natal – 153km

2. Atlantic Palms – an overview

Constructed on 2,340 sq meters of prime land close to Caripibus Beach, Atlantic Palms is a secure, high specification private condominium with exceptional build quality and sea views from every property.

Its stunning aesthetic features and luxurious amenities are an important and deliberate differentiator from other new developments in North East Brazil. All residences will benefit from access to a 20 metre pool with water feature, a 100 square metre pagoda, BBQ area, stone tiled walkways, tropical landscaped gardens, a stunning roof terrace with panoramic sea views and secure underground parking.

The properties themselves comprise 12 x 102m² residences with 2 en-suite bedrooms and 8 x 49 m² residences with 1 en-suite bedroom. Each is finished to an exceptionally high specification far surpassing any new properties available in this area today, with granite work surfaces and fully fitted kitchens, solid Brazilian hardwood and natural stone construction features. Each residence also has its own private terrace.

A 10 min drive from Atlantic Palms takes you too some of the most stunning beaches in Brazil, such as Tabatinga, Coquerinho, Tambaba, Praia Bela and Pitimbu.  The world-class beach at Caripibus is less than 5 minutes from Atlantic Palms

3. Atlantic Palms – the residences

Residence Type A – (Residences 1-6)

These 2-bedroomed, ground floor properties have an impressive 102 m² of living accommodation and uninterrupted sea views. They have an open-plan living area of some 44m²  and 2 en-suite bedrooms, each measuring 12 m² . Each residence has an indoor/outdoor garden for maximum airflow, as well as an exclusive 12 m terrace. Further, units 1 and 6 have side windows for additional ventilation and light.

Residence Type B – (Residences 7-12)

These properties are the premium residences within the condominium. They are first-floor residences with unrivalled sea views and the same configuration of 102m² of living accommodation as Atlantic Palm. However, in addition, residences 8-11 have magnificent domed ceilings giving a heightened sense of light and space.  Residences 7 and 12 have added side windows for maximum ventilation and light.

Residence Type C – (Residences 13-20)

These properties are one-bedroomed, ground floor residences with a generous 49m² of living space, each with uninterrupted sea views. The open-plan living area measures 22m² and the en-suite bedroom is 10.5m². Each residence also has its own exclusive, 12m covered terrace.

The following table outlines the main features and prices of each property

I.00 GBP £ (British pound) = US$ 1.96952 (US dollar) (January 25, 2007)

Residence	No. of bedrooms	Floor	Size (m2)	Price (£)	Additional features
Type A (Product name TBC)
1	2	Ground	102	41,995	Side windows
2	2	Ground	102	41,495
3	2	Ground	102	41,495
4	2	Ground	102	41,495
5	2	Ground	102	41,495
6	2	Ground	102	41,995	Side windows
Type B (Product name TBC)
7	2	1st	102	42,995	Side windows
8	2	1st	102	43,995	Domed ceiling
9	2	1st	102	43,995	Domed ceiling
10	2	1st	102	43,995	Domed ceiling
11	2	1st	102	43,995	Domed ceiling
12	2	1st	102	42,995	Side windows
Type C (Product name TBC)
13	1	Ground	49	31,995	Side windows
14	1	Ground	49	31,495
15	1	Ground	49	31,495
16	1	Ground	49	31,495
17	1	Ground	49	31,495
18	1	Ground	49	31,495
19	1	Ground	49	31,495
20	1	Ground	49	31,995	Side windows

A discount on the first seven sales can be offered to help with marketing.

One bedroom apartments a discount of £3,000

Two bedroom apartments a discount of £5,000