Coastal Development in Bahia – Luxury Resort with Top Returns
BRL 6,613,740,000
Property for
Sale
Country
Brazil
Address
Region Nordest
Posted
Jan 14, 2025
Description
An exclusive luxury resort modeled on the Costa Smeralda is being built in Bahia, Brazil – modern, sustainable, and highly economically attractive. The site comprises 7,200 hectares directly on the sea, of which 3,500 hectares will be developed in the first phase. The frontage to the coast is over 12 km.
The project is based on a sophisticated self-financing model:
In Phase 1, only a golf course, a driving range, a clubhouse, a 400-room hotel, and three model villas will be built. The hotel will be managed by renowned hotel operators such as MGM Hospitality.
An integrated sales office within the resort directly addresses guests – with a high success rate: 5–10% of guests purchase properties on site.
The land costs approximately €30/m², construction costs €2,000/m², and the selling price is €12,000/m². The estimated profit per m² is therefore €10,000. The planned development covers at least 10 million square meters, corresponding to a gross profit of over €100 billion. Phase 1 alone (3,500 hectares) promises a net profit of over €40 billion.
The project is based on a sophisticated self-financing model:
In Phase 1, only a golf course, a driving range, a clubhouse, a 400-room hotel, and three model villas will be built. The hotel will be managed by renowned hotel operators such as MGM Hospitality.
An integrated sales office within the resort directly addresses guests – with a high success rate: 5–10% of guests purchase properties on site.
The land costs approximately €30/m², construction costs €2,000/m², and the selling price is €12,000/m². The estimated profit per m² is therefore €10,000. The planned development covers at least 10 million square meters, corresponding to a gross profit of over €100 billion. Phase 1 alone (3,500 hectares) promises a net profit of over €40 billion.
Lot Size
72000000 sq m
IMLIX ID
BR-7200
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