A Brazilian 3.3million sq.ft 5-Stars Resort: With 35 Plots (100% Freehold) Sold before Official Launch
November 09, 2011 - Rio de Janeiro
Elysian Investments officially launched its Rio Hills Resort development in the Brazilian state of Rio de Janeiro, that saw a record number of investors attending the event in Dubai.
Strategically situated in the picturesque hills next to Lake Guarapine, Rio Hills is a 3.3 million square foot resort, which will offer unparalleled living standards among untouched natural beauty. Equidistant from Rio's bustling city centre and its international airport, there are spectacular lake and mountain views from every plot, spoiling buyers for choice.
A vibrant five-star boutique hotel is located within the grounds of the project offering residents access to luxury spa services and restaurants.
Rio Hills already has infrastructure in place for phase one, as well as an environmental construction licence. The land is paid in full and owned by title deed by the developer. Elysian Real Estate is offering clients the opportunity to purchase full freehold land within the resort from as little as $49,000.
"Housing shortages for the citizens in Brazil are causing a real estate boom for developers and investors, attracting attention from international investors to put their money down on the regions growing economy," Elysian Group chairman Masood Naseeb said.
"We were overwhelmed with the turn out of the event and were pleased to meet serious investors who knew about the Brazilian economy and the potential investment opportunities. Capital appreciations on investments are looking to double within the next three years. GCC investors are pulling out of stocks and shares and are investing with us in international real estate after analysing the statistics and numbers," Elysian Investments CEO Paul Preston said.
Elysian Group saw a great response from the Dubai region days following up to the event, with 35 plots sold in the Rio Hills project before the official launch took place. Naseeb is planning to take the project to Qatar which will take place in Doha on October 29, than Hong Kong & China from November 1.
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