Intro
It´s with great excitement that we enter Brazil with partner, Gremi International SARL, on an incredible project in Brazil´s Formosa Bay. The extraordinary site, part of the Eco Estrela project, features 6.5 kilometers (4.1 miles) of Atlantic Ocean Beachfront and covers an area of 5,570 hectares (6,350 acres).
The project reflects the sustainability commitments of Six Senses and will feature an innovative approach to wellness not yet seen in South America. The proposed masterplan includes Pool Villas, Family Villas, a Six Senses Spa, stargazing observatory, organic farm and Six Senses Residences available for private ownership. A turtle research center plus a polo field is also planned.
Omar Romero
Vice President, Development, Six Senses Resorts Hotels Spa
www.sixsenses.com
Partners
The team responsible for the architectural project of Six Senses Formosa Bay is the Sao Paulo based Gálvez&Márton office together with Felipe Bezerra Arquitetos from Natal, RN. Cap Paisagismo a renowned landscaping design company established by Fernando Chacel, considered to be the most important successor of Roberto Burle Marx is in charge of the beautiful landscapes of the future resort. Endemic flora with as little human influence visible as possible will help you find your way back to nature and reconnect with the environment.
The resorts are planned and will be constructed in order to achieve Silver LEED standards.
Key Figures
land area
(210 Acres)
floor area
(563 308 sqft)
maximum
density
coconut
trees
95km to Natal 120km to Joao Pessoa
keys
branded
villas
construction
period
payback
period
from new Natal Airport
Investment overview
Gremi International SARL, based in Luxembourg, an international holding company (operating in LU, PL, BR, NL, MC) is developing the “Eco Estrela” project in Baia Formosa, Brazil. It is a new world class, prestige tourism
destination comparable to exotic, luxury locations such as Porto Cervo, Sardinia (Italy), Sotogrande (Spain) or Mayakoba (Mexico).
”Eco Estrela” project located in northeastern Brazil on the corner of the continent is envisaged to comprise of several hotels, resort facilities as well as luxury residential units. Eco Estrela is located on a huge coconut plantation, covering an area of 5,570 hectares (6,350 acres) and with 6.5 kilometers (4.1 miles) of beachfront.
Project implementation is planned in a phased development approach. The projects site’s unique selling propositions are its exceptional location providing a feeling of remoteness and privacy, its potential to offer a range of activities, favorable weather conditions and market trends.
“Gremi International SARL is looking for an Investor for Phase One of the Eco Estrela Project (“Six Senses Formosa Bay”) developed in cooperation with Hotels, Resorts & Spas management company Six Senses (www.sixsenses.com). The final completion of the interior and exterior of the resort – that consists of two beach resorts (a total of 127 units) and 58 branded villas – is planned for 2021. The project currently has all the formal allowances and permits from authorities necessary for this stage of development. Conceptual works are supported by Six Senses, EDSA, Gálvez&Márton, Felipe Bezerra Arquitetos, Cap Paisagismo, Sustentech, PKF Hotel Experts, GT Law Firm, Koury Lopes Advogados, Ernst & Young
A requirement for the developed resorts are Silver LEED standards.
For further details please contact: p.maj@gremi.pl or d.bak@gremi.pl
Market
Largest country in South America
Brazil is the fifth largest country in the world (population 207,7 M) after China. In 2016 the country ranked 12th worldwide in terms of the number of wealthy inhabitants after Switzerland.
9th Economy in the World
Brazil is the largest economy in Latin America and the Caribbean, and ranks ninth in the world with an almost $1.8 trillion economy. In the decade to 2015, GDP expanded by an average of 2.76% a year.
Growth of weatlh
The growth of wealth in the country has had a direct effect on Brazilians themselves and between 2004 and 2014, 35 million Brazilians joined the middle class which today represents over 50% of the population, an incredible 104 million people.
diverse and sophisticated economy
Brazil has a diverse and sophisticated economy. It is completely energy self-sufficient and has huge natural resources such as oil and gas. In 2016, Brazil was the ninth largest oil producer in the world, ahead of countries such as Norway and Qatar.
GDP growth
Both the World Bank and the FMI expect GDP growth going up in the coming years at least up to about 2%.
Growing luxury market
Global luxury market tracked by Bain&Company grew at 4% in 2016, to an estimated US$1,06 trillion in retail sales value. Luxury consumption shifted away from goods and toward experiences such as travel and gastronomy, which grew faster than luxury goods by at least 5% points.
Real Estate Investments
In the latest survey from the Association of Foreign Investors in Real Estate Brazil returned to its prime position, winning from China, and ranks as the world´s best for investment among emerging countries.
The same survey ranked Brazil second in the world for capital appreciation.
Fresh air, enjoyable temperatures
The region is known for its beautiful sandy beaches, excellent air quality (one of the best worldwide) as well as 300 sunny days per year. The average annual temperature is 25.8ºC (78.5ºF)
