The Cumbuco banana resort, which is a new development near Fortaleza, has been receiving mixed remarks by members on the project’s potential for capital appreciation and rental revenues. This is in comparison with the various developments found in Natal as well. As Fortaleza is an established holiday city, having four times the size larger than Natal, a well-developed night life, and a long standing popularity with Spaniards, continental Europeans, and most recently with the British tourists, investing in the said property has the largest potential for significant rental income rather than with properties in Natal. Although natal has more beachfront properties and amenities geared towards tourism, the thousands of on-site properties and hotels found in the city would pose as competitors for the short-term leasing market. Some members even commented that the proximity of Natal with the airport would provide little difference as Fortaleza has direct flights from Miami, which is another attractive feature for the North American market.

In terms of capital appreciation, Natal and Fortaleza have both received mixed predictions amongst participants. The central idea for selecting an investment and predicting its potential appreciation generally rests on the property’s location. Factors such as the location’s popularity with the local and international visitors, proximity to amenities and tourist attractions, and its accessibility to excellent roadways all contribute to the property’s probability for capital growth. Fortaleza, most particularly Cumbuco, are viewed by most participants as capable of significant capital growth because of the area’s status as one of the most preferred locations for establishing holiday homes.

Nonetheless, the Banana Residences is not without issues and merit as much apprehension as any new on-the-rise development. Overall, when selecting a property for investment, it would be more prudent to determine an investment opportunity based on its own unique features and investment points, rather than comparing it with other development projects which are not similar in built and pricing structure.

Luxurious Living at the Banana Club

Set at a prime location on the Cumbuco coast in northeast Brazil, the 97,360 square meters residential resort development of the Banana Residential Club is the first modern villa-only luxury project in Cumbuco idyllically suitable for both permanent residence and holiday markets.

The Banana Club’s 80 villas, which are all equipped with air-conditioning, terraces, and large communal gardens, are built within a secure gated community and set by the banks of a fresh water lagoon and a private lake. The calm, fresh waters of the lagoon may be ideal for people who are not too keen in swimming in salty sea water, or concerned with the safety of small children swimming in the beach near the open sea. Nonetheless, even though the development is set on the banks of a fresh water lagoon, Banana Club Residences also provides access to one of the country’s most beautiful oceans and beaches. It is also in close proximity to a new 18-hole golf course, as well as to the holiday city of Fortaleza.

Additional features and amenities found in the Banana Residential club includes commercial areas, two communal swimming pools, health center and sauna, a clubhouse and coffee shop, a private fishing lake, and private parking.

More information on the Banana Residential Club in the Brazil forum.