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Mariscoe Bay 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. Mariscoe Bay – an overview

Constructed on 1,800 sq meters of prime land close to Caripibus Beach, Mariscoe Bay 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 residents will benefit from access to a large, covered swimming pool, bar and BBQ area, stone tiled walkways and tropical landscaped gardens.

The properties themselves comprise 8 x 86m² residences 2 x 130 m² residences all with 2 en-suite bedrooms. 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 Mariscoe Bay 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 Mariscoe Bay.

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)