Garapua Beach Resort
Bahia is a tropical paradise with dense vegitation of coconut and banana trees. It is one of the 26 states of Brazil, situated on the northeastern Atlantic coast and enjoys a year round tropical climate with little seasonal temperature variation, averaging 27oC and complimented by warm, soft breezes. The coastline, with it's calm seas, is considered to be one of the most beautiful in Brazil. The 1,700 acre resort will be situated on Ilha de Tinhare, a pretty island off the coast of Salvador in the Baia de Todos os Santos (the Bay of All Saints). Salvador is the third largest city in Brazil and was the first colonial capital, renowned for it's cuisine, music and architecture. Each February it hosts a week long Carnival which is considered to be the biggest street party in the world. Two million people celebrate throughout 15 miles of streets, avenues and squares and an average of 800 thousand visitors descent on the city to participate.
Why this is an Excellent Investment Opportunity
Real estate investment is growing due to the increasing popularity of Bahia as the favourite holiday destination of Brazilians because of its year round climate, pristine beaches and the excellent infrastructure already in place. It has excellent accessibility with flights into Salvador from Europe and the USA yet is still underdeveloped as a tourist market internationally and is predicted to grow exponentially. There is a huge demand for tourist accommodation and the property market is booming with foreign investment increasing as there are no restrictions on foreign ownership and inward investment is being actively encouraged by the Government. Brazil is also hosting the 2014 World Cup and is bidding for the 2016 Olympic Games.
