T H E C O R A L D E V E L O P M E N T U P D AT E O C TO B E R 2 0 1 4
THE CORAL WINS MORE AWARDS We are very proud to announce that The Coral is now a six-time award winning resort and is the Best Residential Development in Brazil 2014-2015 by the International Property Awards. This top international accolade confirms The Coral as one of the world’s leading beach resorts. This award recognises The Coral for its design excellence and high quality development. It also takes into account how it is perfectly tailored to meet the demands of the local market, holiday makers and second homeowners. In addition to this prestigious award, The Coral received three Highly Recommended awards recognising the mixed-use elements of the resort including the onsite amenities and facilities, and for its architecture with both the Rustic and Modern villa designs being awarded. Not only is The Coral an award-winning resort, it offers award-winning villa designs.
WINNER OF
WINNER OF
WINNER OF
WINNER OF
ARCHITECTURE SINGLE RESIDENCE AWARD for the RUSTIC VILLA
PROPERTY SINGLE UNIT AWARD for the MODERN VILLA
RESIDENTIAL DEVELOPMENT AWARD in BRAZIL
MIXED USE DEVELOPMENT AWARD in BRAZIL
THE CORAL A HUGE HIT AT CITYSCAPE DUBAI BRIC Group was overwhelmed by the response they received presenting The Coral at Cityscape Dubai between 21st and 23rd of September. Hundreds of investors, key-decision makers and stakeholders from around the world registered their interest with us. With over 2,100 square metres of exhibition space, this year’s Cityscape Global broke the record as the biggest of the 13 annual editions of the event. Some 280 exhibitors from 28 countries promoted property to over 35,000 visitors who flocked to Dubai to discover the latest developments and trends in the international real estate market. The BRIC Group’s stand and products clearly stood out amongst the exhibitors with its attractive videos and eye-catching displays which were a major focus of investor attention during the 3-day event.
Beach Area Beach Club
Trairi
Kitesurf School
TRAIRI
Pool Bar
Paracuru Paraipaba
Restaurant
PARACURU
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Gymnasium
PARAIPABA 5
Tenis Club
Fortaleza Caucaia
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Hotel
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FORTALEZA
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CAUCAIA
Music Bar
CMYK versions (note: when using for web please convert Blacks to RGB 100% Black)
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E
13
26
15
24 17
Childrens Play Area
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31 21 32
Spa & Massage
D
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33 35 29
37 39 41
C
34 36 38 51
49
45
46
B
47 Lake Club
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50
48
54 55
A
Atlantic Ocean Natural Lagoon
THE CORAL SITE PLAN
View of The Coral site looking north to the coastline from next to quadra 45, August 2014
“This last quarter has most certainly been an eventful one for The Coral being awarded the Best Residential Development in Brazil 2014-2015. As you can imagine the whole team is extremely proud
D E V E LO P M E N T U P D AT E
to be part of this fantastic, award-winning development and offering award-winning villa designs to clients. Over the last few months more development work has been ticked
PAVING Tenders for the road paving have been received and are being considered. Final decisions are being made as to the finish of the pavement in stones or Asphalt. The first section to be paved are roads in quadras 3-7, which is is scheduled to start in the coming weeks.
ROAD OPENINGS In quadras 3 through to 26, all the road works are completed and have been opened for use.
Roads in quadras 31 through to 56 are awaiting the final red sand layer prior to being opened.
off the list. The road system is now complete throughout the site and
DRAINAGE WATER PIPES
Another major milestone reached this quarter is receiving the
Water drainage pipes have been laid between quadras 7 and 5. Further pipes will be laid in quadras 28-30 and on road 11 in front of quadras 8-9 where there is road infrastructure over lagoons.
licence and building permit for the show homes. This is an exciting
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the final pavement layer is about to be laid. The first half of the site’s roads are already open for use with the other half opening shortly.
advancement and enables us to start building the show homes so buyers can really see the quality of these exceptional villas. It is also a great opportunity for clients to start building that idyllic home abroad they have been dreaming of.” Note from The Coral Project Manager, Thiago Parente
SUMMARY OF WORKS Main boulevard through Lago Doce and Rio das Palmeiras looking north towards the coastline, August 2014
JULY - SEPTEMBER 2014 All main and secondary roads are complete and ready to be paved.
D E V E LO P M E N T U P D AT E
First section of roads to be paved in quadras 3-7 is about to start.
ELECTRICITY INFRASTRUCTURE Electricity posts and lighting are now installed in quadras 55-49 and 7-3. The remaining electrical infrastructure is ready to be installed in quadras 49-11, however due to the ongoing works in these areas, posts will not be installed until the works are finalised. The entire Coral site now has access to electricity and lighting, which means building on individual plots can now commence.
Roads in quadras 3 – 26 are open for use.
LAND LEVELLING
Every plot can have electricity and lighting so building works can commence on individual plots.
Works continue in quadras 56 through to 31 levelling land that in some areas rises to 55m above sea level. This work is on schedule and expected to be completed by the beginning of December 2014. Road between quadras 7 and 5 looking north, September 2014
Paving tenders are being considered.
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Water drainage pipes have started to be laid. Electricity infrastructure is installed in quadras 55-49 and 7-3.
Levelling of the land in quadras 56-31 is on schedule.
Lago do Mar facing south, August 2014
Road between Rio das Palmeiras and Sunrise Beach, August 2014
Water drainage pipes between quadras 5 and 7, September 2014
Road layout at quadras 4 and 5, August 2014
Road between quadras 7 and 5 looking north towards the coast, September 2014
Secondary roads to the hotel area at Lago Doce, August 2014
SHOW HOMES We are pleased to announce the accomplishment of another major milestone in the resort’s development as we are now at the end of the licencing process for the show homes and have received the building permit for the first home. Two show homes will be built in the Sunrise Beach community:
3 bedroom modern design villa of 220 sqm
3 bedroom Brazilian design villa of 150 sqm
It is estimated the show homes will take around six months to complete. The villas will be ready by spring 2015 to invite potential purchasers to visit the villas first hand.
START BUILDING YOUR DREAM VILLA
Exceptional, Award-winning Villa Designs
This fantastic landmark of building the show homes in conjunction with access to electricity and lighting on every plot means clients themselves now have the opportunity to start building their own luxury villas on their plots. Clients are now able to build their dream villa, which can be used for personal use, an investment vehicle to sell or rent to the local market, or even a combination of the two.
To find out more information about building a villa on your plot please contact your Portfolio Manager. Alternatively, you can send us an email to info@bric-investment.com If you would like to read about the villas now, please click on the links below and register to download your brochure.
AWARD-WINNING VILLA DESIGNS Four of our seven villa designs have won awards. Villas from our Rustic collection and Modern collection received Highly Recommended awards from the 2014-2015 International Property Awards.
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RUSTIC VILLA COLLECTION
Click to read about the Rustic Villa Collection
MODERN VILLA COLLECTION
Click to read about the modern Villa Collection
V I L L A D E S I G N S U P D AT E GARDEN DESIGNS We are working with a landscape garden design company to put together garden options for the rustic and modern villas designs. The goal is to offer two garden options for each villa configuration with lower and upper price brackets. The images here show some examples the garden options that are being worked on. We will keep you updated and announce when the final landscape garden options are available with prices and specification.
Premium garden design for the 144 sqm modern villa
Premium garden design for the 218 sqm modern villa
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Premium garden design for the 168 sqm rustic villa
Modern villa, gold cabinet pack for the bathroom
Modern villa, silver cabinet pack for the kitchen
Modern villa, Em et etur am fugit, silver cabinet conet ut aut officiiscid pack for the guest
estiissequi con
bathroom
Rustic villa, gold cabinet pack for the bedroom
Rustic villa, gold cabinet pack for the bathroom
VILLA DESIGNS UPDATE CABINET PACKS In addition, we are working on the base cabinet packages for the kitchen, bathroom and bedrooms. At the moment we are considering two lines and are again looking to offer a number of packages for each villa with different budgets and quality finishes. Final specifications and price lists will be released as soon as they have been finalised.
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Rustic villa, bronze cabinet pack for the kitchen
MARKET NEWS NORTHEAST BRAZIL REMAINS A BIG HOLIDAY FAVOURITE A recent survey confirms that Brazilians are travelling more than ever. This same survey highlighted Northeast Brazil’s status as the nation’s favourite holiday destination. With tourist spending at historic highs, Brazilian tourism looks set for the best year ever. The monthly holiday survey for August found that nearly 30 per cent of Brazilians intend to take a holiday before the end of 2014, the highest figure so far this year. The survey was carried out in seven of Brazil’s largest cities, which represent between them 70 per cent of the domestic tourism market. The majority will be travelling by plane and nearly three quarters of those interviewed said they would be travelling within Brazil. Their preferred region was the northeast with over 48 per cent pinpointing this part of Brazil as their chosen holiday destination. Brazilian tourism is bigger business than ever this year. Along with an increase in visitor figures (2014 is set to be a record year), tourism expenditure
is also rising. During the second quarter, tourist spending was the highest for six years and up over 20 per cent on 2013. Spending by foreigners has been particularly high in Brazil this year. Figures for June and July point to a total of US$1.58 billion, a massive 59.7 per cent more than the same two months in 2013. The high figures for these two months are no coincidence since the FIFA World Cup tournament took place at this time. However, spending by foreign tourists outside the World Cup dates has also increased. Expenditure reached US$4.44 billion between January and July, over 10 per cent more than the same period last year. Surveys carried out among foreign visitors found high levels of satisfaction with Brazil’s hospitality, security and tourist attractions. Furthermore, 95 per cent of foreigners interviewed expressed the firm intention to return to Brazil in the near future. Tourism figures so far this year undoubtedly confirm 2014 as the year Brazilian tourism firmly makes its mark on the world tourist map with Northeast Brazil a favourite destination.
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For more information: Email us at: info@bric-investment.com Call us on: UK Freephone 0203 399 9439 USA Freephone (+1) 321 247 6897 Rest of World: +34 952 810 711
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Disclaimer : The information contained herein is solely for informational purposes and does not constitute an offer by BRIC Group to sell, rent or lease real estate. All information provided is believed to be accurate and correct at the time of publishing and is given in good faith. BRIC Group disclaims any warranties or representation concerning the accuracy, correctness or reliability of the information contained within this document and instructs you to independently verify the accuracy of the information provided. All intellectual proper ty rights are retained by their owners. All content including text, images and logos are the proper ty of BRIC Group. It is not permitted without the express prior consent of BRIC Group to transfer, copy, distribute or compile in whole or part any of the content contained herein.