69 square feet
Privilege Residences in Niteroi is an amazing off plan luxury development, with amazing low prices and fantastic rental return potential. The development comprises of 194 apartment divided into 3 Buildings. The luxury apartments will be 2, 3 and 4 bedroom, of which only 34 two bedroom, 3 three bedroom and 1 four bedroom apartments are available for investors. Investor Points Prices from R$245,500 R$287,900 (approx 70,240 - 82,370) 2,3 and 4 Bedroom Luxury Apartments in the best location in the city Pure Investment Fully Managed Expected Capital Growth 20% in 2008-09 Rental Yields 12%-14% Luxury Facilities Pool, Lounge, BBQ, Jacuzzi, Games Room, Playground and Events Room Garage parking included in the price Excellent Stage Payment Option Completion end 2009/early 2010 About Niteroi From Rio downtown you get to Niterio either by crossing the 15.5 km long Niteroi Bridge or taking the ferry at Praca 15 de Novembro which has a wonderful view of Rio de Janeiro. Niteroi is the home of many students and the crime rate is far lower than in Rio downtown. Bars and discos offer a completely different, more Brazilian, atmosphere. Beaches are very clean. Property prices in Niteroi are around 900/sqm for a modern development with facilities. So with these prices from approx 1,000 for a luxury complex, it offers outstanding value for investors. Apartment For Sale 2 bed in Niteroi Rio de Janeiro Brazil find Niteroi properties