elysian International secure second development in Brazil
elysian to offer villas and land for sale to UAE investors at pre-launch prices in luxury 5 star resort in Rio De Janeiro
Online, April 11, 2010 (Newswire.com) - April 11th 2010, Dubai - elysian International, a subsidiary of elysian Group of Companies, today announced that their recent procurement visit to Brazil's Rio De Janeiro was a great success. The UAE based real estate investment firm has purchased a resort that includes 174 villas, 130 apartments, a 5 star hotel, lagoon, and river, and are now offering this great investment opportunity at pre-launch prices starting from only 39,600 USD.
As one of the first countries in the world to 'shrug off' the economic and financial crisis of 2009, Brazil has established itself as a force to be reckoned with. Characterized by large and well-developed agricultural, mining, manufacturing, and service sectors, Brazil's economy outweighs that of all other South American countries and is expanding its presence in world markets with over a $100 billion in exports last year alone. Having been recently awarded the hosting of the 2014 World Cup and the 2016 Olympic Games, Brazils economic presence its growing in stature as each month goes by.
"We have been keeping our eye on Brazil as an emerging market for some years now," commented elysian Group CEO Masood Naseeb. "Brazil's stock market was up by 83% last year alone which is a clear indicator of the strength of the economy and the resulting positive growth of the real estate market. We are predicting a 1000-7000% appreciation on land in the region particularly in the coastal areas, a percentage that no other country in the world can predict. Investment opportunities in the region are highly in demand as investors and developers see the huge potential for profit, and we are excited to be involved in this and be able to offer our clients this fantastic opportunity," Naseeb concluded.
Amongst Elysian International's portfolio of real estate investment opportunities are their overseas projects with over 600,000 properties across 117 countries. This latest overseas project in Rio De Janeiro is valued at over 100,000,000 USD. Preceding this current investment, elysian secured the exclusive global sales rights to the The Coral Lake and Beach Resort, a luxurious coastal resort superbly located on the North East coast of Brazil. The 13 million square foot of tropical grounds that already has a planned 5 star hotel and beach club was awarded "The Best Development in Brazil 2009" by The International Property Awards in Association with CNBC Arabiya and voted in the top 10 best beaches in the world by the Washington Post.
"We were overwhelmed with the response to the first project that we offered our clients in Brazil and have already sold over half of the available beach land plots," commented Naseeb. "The country is growing quickly and attracting more and more people due to the success of its industrial economy and its status as an ecological tourist destination. This will drive house prices up due to demand and as mortgage interest rates decrease, the market will move even faster. As well as this recent procurement we have also opened offices in both Rio De Janeiro and Forte Leza to meet the demand from investors for this region. The time really is now for investing in Brazil," Naseeb concluded.
For further information, please contact elysian at +971 4 323 4545 or visit www.elysian-group.com .
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Tags: Brazil, Dubai, elysian, investment, property, Real Estate