With fractional tourism, it is possible to invest in a vacation property without spending too much.
Brazilians have already discovered how fractional tourism can be a great investment option. The BRIC Group, behind the launch of The Coral project in Brazil, offers fractions of homes that come with high-quality services. This means that when someone buys a fraction, they invest in an asset for life and have the possibility of spending their holidays on one of the most beautiful beaches on the Brazilian coast.
BRIC group specializes in evaluating and identifying market niches with significant growth potential and investing directly before selling the units to third parties. It therefore offers a different way of acquiring a holiday home than the timeshare system. Unlike timeshare, where the investor acquires the right to use the property for a period of time, in the multi-property system, the investor who buys a fraction has a public title. And as a result, acquires an asset for life that can be sold or passed on to their heirs.
Another advantage is that the purchase of a fraction entitles you to immediate membership of RCI, one of the most comprehensive exchange companies in the world, with more than 4,500 affiliated venues, in more than 100 countries, in locations such as Disney World and Cancun. Those interested can also exchange the pre-established period of use of their residence at The Coral for another one in any of the RCI destinations. That means they can enjoy vacations in different parts of the world, every year.
The Coral is located on Flecheiras beach, Ceará coast, around 120km west of the capital Fortaleza. The resort, a project with an estimated investment of US$150 million, focuses on wellness and contact with nature. It also has international hotel services and a discerning clientele, who are already familiar with the destination thanks to one of the best winds in the world for kite surfing and its paradisiacal scenery.
Between this year and next, the construction of a new club is planned to serve the entire complex even more efficiently. Also on the horizon are the hotel under the Radisson brand, a water sports club on the lake, beach tennis courts and the delivery of more villas and lofts.
(Source: Revista Capital Económico)
