Saturday, September 17, 2011
Dear Reader,
Looks nice, doesn't it? If you're picturing yourself spending time here ...relaxing on the sand, soaking up some rays, enjoying life...you're not alone. This Brazilian city is a retirement and relocation hotspot. And there's a way for you to profit from its popularity.
The city is Joao Pessoa. It's a beach city that acts like a small beach town. Don't get me wrong. It's got big-city conveniences. You can find good medical care. You won't run short of shopping or dining options. But it's got a safe, friendly, small-town atmosphere that's hard to resist. It lacks the crazy bustle...the dirt and the noise...of many other cities I've spent time in.
Instead, it feels fresh, thanks to some great sea breezes. It feels active and healthy, thanks to a beachside boardwalk that fills with joggers, walkers and roller bladers in the mornings and evenings. It feels tranquil. The quality of life is good here. And the beaches around the city are simply stunning.
The beaches around Joao Pessoa are some of the prettiest in Brazil
And that's why it attracts so many younger retirees from across Brazil. They're generally wealthy, retiring in their fifties from the civil service or professional life. It's not uncommon to have a former judge or surgeon as your next-door neighbor in Joao Pessoa. These retirees choose Joao Pessoa over their own home towns. They want a peaceful, low-key lifestyle, in safe surroundings, close to beautiful beaches. They get that in Joao Pessoa. But these retirees aren't downsizing...
They want an enjoyable, relaxed lifestyle. That means nice restaurants and cafes...and nice homes. They buy large condos with large price tags of up to $3 million. And they want services, too, to keep them (and their finances) in shape. They need cardiologists and dentists...accountants and financial planners...
And those professionals need office space to run their business and meet their clients. Office space is already scarce in Joao Pessoa. And it's non-existent in the area that many of these wealthy retirees live in, an exclusive neighborhood called Altiplano. But a new development will change all that.
The Altiplano neighborhood also has a cultural center and a new conference center is under construction
It offers 45 office spaces in Altiplano. The start price is 167,965 reals ($98,523). You pay 20% down and monthly payments of 1% a month over five years. You could achieve around a 10% rental yield on completion.
Altiplano is the premium neighborhood in Joao Pessoa. It's home to local professionals and businessmen as well as wealthy retirees. And if you're a cardiologist or attorney living in Altiplano, you'll want your office close to where you live. Brazilians don't buy into the idea of long commutes to work. The closer work is to home, the better.
If you'd like a full information pack on the office units, contact our local real estate broker, John Curtis, here. These are prime units in a prime location. They're selling fast...so contact John now if you're interested.
Margaret Summerfield
P.S. If you're more interested in spending time in Joao Pessoa, rather than this commercial rental deal, John can help in your search for a vacation home. The office tower also houses residential condos...and there are some interesting boardwalk properties available, too. Contact John here if your interest is residential rather than commercial.
Posted Under:
brazil, rental yield, office space
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