Construction of the first phase of The Coral loft apartments is now finished and these modern holiday homes are ready for rentals. Offering a guaranteed 7% net rental yield for two years, the apartments join the many completed villas and Ocean Lounge Beach Club at the resort.
Cutting-edge architecture
The loft apartments, located in the Royal Dunes area of the 5-star resort, form part of The Coral’s innovative architectural design. The 24 units make the most of the stunning natural surroundings with floor to ceiling windows throughout to bringing the Atlantic light and beautiful landscape into the homes.
Each apartment has two floors with a striking mezzanine bedroom on the top floor and open-plan living space on the ground. All the loft apartments have a private garden ensuring guests make the most of the al fresco lifestyle and nature at the resort.
Exceptional investment opportunity
The first phase of The Coral loft apartments are the latest completed addition to the long list of property investment opportunities at the award-winning resort. They join the holiday let portfolio along with rental villas such as Villa Santorini.
Investment in the loft apartments starts at R$401,300 (payment plan available) and investors benefit from:
- 2 years of guaranteed net rental yield of 7% p.a.
- A rental-ready investment.
- Property management available onsite.
- 100% freehold with title deeds.
Holiday lets at The Coral are already proving very popular among Brazilian holidaymakers with strong demand for the units. The new loft apartments, perfect for couples, are expected to be highly sought-after. Based on demand patterns and history, BRIC Group expects the actual rental yield to be 9.46% a year.
Rental-ready apartments
The loft apartments come fully furnished in contemporary style in keeping with their modern exteriors. They are located in the Royal Dunes area of the 5-star resort and like all properties at The Coral, enjoy the best of the natural surrounding on the one million square metre site.
The natural lagoons and coco and palm plantations are on the doorstep and the Atlantic Ocean and miles of sandy beaches just a short walk away. Ocean Lounge Beach Club opened earlier this year on the sands themselves. If they wish, guests at the loft apartments can take full advantage of the facilities that include a restaurant, pool, kitesurf school and live entertainment.
Invest at The Coral
The completion of the first phase of the loft apartments marks another milestone in the resort as it moves forward to become one of the best holiday resorts in Ceará. Investors have the choice of a range of options starting at just US$40,500 for a plot of land and rising to US$158,600 for a turnkey villa. The recently completed apartments cost from US$76,000.
