Description of the Project:
Developing a Tourist and Real Estate Project in a front beach land including Hotel Resorts, second home tourism residences and a wide range of leisure facilities.
Project Commercial Name:
Costa Azul Bahia, Golf, Resort & Condominium
Land & Project Location:
The land is located in the North Coast of Bahia. It is 45 minutes away driving from the Aracaju Airport and 1.5 hours away driving from the Salvador International Airport.
Size of the land:
868 hectars. 2.4 km of front ocean with direct access to a tropical beach.
Particular Features of the land:
2,4 km of beach, wide variation of flora and fauna marine and land formation, variety of micro system, ecosystem well maintained, close to the amazing Mangue Seco town, medium temperature of 24,5 º, large beaches, optimum topography with spectacular views of the sea.
Status of the commercial and building availability (environmental permission licenses):
It has got a environmental license for the whole land that approves the Master Plan. A full Feasibility Real Estate and Hotel economical study is available for investors.
Maximum ratios of Occupation and Construction approved in the Master Plan:
5% of the total land will be occupied by the construction.
Hotel Offer Planned in the approved Master Plan:
5 hotels with a capacity of between 500 and 600 rooms each.
Second Home Residential Offer Planned in the approved Master Plan:
Residential units to create family and multifamily units, apartments for tourists as a second home residence and luxury villas totalizing, all of them, approximately 1500 units.
There is the possibility of setting up an 18-hole Golf Course with a “driving range”.
Active Leisure Offer Planned in the approved Master Plan:
Sailing Facilities, Aquatic Sports, Equestrian Centre, Sport Centre, Ecological Trails.
Region main Developers and Operators in Bahia´s North Coast (A Coast of 200 km. wide):
Hotel Operators in progress:
Vila Galé Hotéis.
Palladium Hotel Group.
Costa Sauipe.
Iberostar Hotels & Resorts.
Tivoli Hotels & Resorts.
Operators and Developers under developing and construction planning:
Sol Meliá Hotels International.
GJP Hotéis & Resorts.
Costa Azul Investimentos Empresariais, Ltda.
Hilton International.
Key Investment Facts :
The Costa Azul, Golf, Bahia & Condominium project is highly competitive compared to other projects in the region due to its proximity to the City of Aracaju. The City of Aracaju, with a population of one and a half million inhabitants, has a great relevance due to its proximity to the project, providing a potential market for investment in the purchase of second residence units, clients and workers of the Resorts and infrastructure for the construction and development of the project.
The Northern Coast of Bahia is an international destination, which offers 5-star Resorts, mainly “All Inclusive”. This area has the level to compete with international destinations such as Cancun, Riviera Maya and Cuba among others.
The Costa Azul Bahia, Golf Resort & Condominium is a project characterized by its respect for the environment and the local population.