Manga Verde Beach Residence Overview
A boutique hotel residence is being built with 16 apartments right on the beach, on a tropical island North East of Brazil (6,5h flight from Lisbon, 8h from Miami).
Manga Verde Beach Residence Status
The condo is under construction and well on schedule for a swift completion. There are about 50 workers on site, already starting to place the roof. The plan is to be ready in Q2 2015.
Manga Verde Beach Residence Benefits
Manga Verde Beach Residence Area
Itamaraca is a tropical island in NE Brazil, an hour’s drive from Recife International Airport, with a long road bridge connecting it to the mainland. Most of the island comprises protected forests, but on the ocean side are miles of long white sandy beaches, mainly fronted by weekend holiday homes of the elite and wealthy of Recife. All kind of beach and watersport activities are available on the island.
Manga Verde Beach Residence is a luxury development of 16 apartments, in a prime location, right on the beach of the tropical island of Itamaraca in NE Brazil. To be built over 2 floors in an open V-shape, allowing maximum views and breezes to all units.
Location of Manga Verde Beach Residence.
Itacarma is located midway between the cities of Recife and Jaoa Pessoa and less than 1hour drive from Recife´s international airport. Recife is the 5th biggest Brazilian city with close to 4 million inhabitants.
Investor View of Manga Verde Beach Residence.
While the development is targeted primarily at Brazilians, as weekend or holiday homes, shrewd overseas investors will want to take advantage of the off-plan (pre-construction) prices, and potential capital appreciation and rental returns. Brazil is on the way up, Itamaraca even more so, and this is a perfect opportunity to invest in a genuine beachfront home on a tropical island in NE Brazil, at unbeatable prices.