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Land banking is becoming ever more popular due to its ability to reap substantial returns on investment.
By investing in a project at the earliest possible stage, investors can significantly benefit from further leverage effects and development stages. However, the sheer size of many projects available worldwide, makes land banking inaccessible to many small investors. Turtle Bay Beach and Golf Resort is set to change this. Tailored towards the smaller investor, Turtle Bay offers the opportunity to invest in an exclusive, sound project for as little as £29,400 Sterling Pounds ! The developer is committed to raise prices up to a minimum of 8% when infrastructure works commence in March 2009: a solid base for early investors. The average appreciation on land in the Porto Seguro/Belmonte area has reached 200% during the past 3 years, i.e. investors have doubled their money with a hassle-free piece of real estate. It sounds like a fairy tale but it is in fact a reality: in Arraial d'Ajuda, individual plots of 2.000m2 with no additional amenities have reached peaks of 180€/m2, this is the same story in the Porto Seguro region, whilst Turtle Bay Beach and Golf Resort is selling around 70€/m2 but provides a host of five star amenities. Average prices for large rustic estates selling below 1€/m2 in 2005 are now priced around 4€ /m2 to 6€ /m2: this still remains 15.000 % cheaper than the equivalent on the Mediterranean coast, hence considerable margin for appreciation.
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