Sao Paulo Apartments
Overview
This is a unique opportunity to invest in one of the most fastest growing economies in the world today. These low in price entry level serviced apartments are located in one of the most popular business areas in Sao Paulo city.
Surrounded by approx 40 multinational blue chip organisations. Property of this kind is in great demand from the local professional work force. Currently occupancy rate is 97%, which indicates the under supply of serviced apartments and within easy access to airports and the city, the location is very popular. These apartments are already built and come fully furnished which is included in the price, making the prospect a turn key product.
More about Sao Paulo
- Over 19 million inhabitants (city and outskirts)
- Largest city in Brazil and first in South America by populaton
- Area of 1,523km2 (city)
- Human Development Index 0.841 (high)
- Most ethnically diverse city in Brazil (Italians, Japanese, Arabs, Portuguese, Germans and Jews)
- 19th richest city in the world
- Estimated to be 13th richest city in the world by 2020
- 12.26% of the Brazilian GDP
- 36% of all Brazilian production of good and services
- Largest stock exchange in Latin America and 3rd in the world – BOVESPA and BM&F
- Per capita income R$27,000
- GDP in 2005 R$263,177,150
- Major metro expansion with approved projects – 5 lines already operating and 6th line planned
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