Here are some images of the entire development, including plans and sketches of the different apartments, plus information on amenities, prices, payment provisions, our bank guarantee, communal/joint ownership arrangements, etc. Brazilian Realestate AS is one of very few companies that can guarantee the safety of your money right up to the day you take possession of your apartment. Payments are held by a Norwegian lawyer in a client account until the entire development has been completed.

Follow the links below to see images and plans.

• See animated movie from Kariri Beach Residence
• Kariri Beach Residence
• Lobby and entrance
• The beach outside your apartment
• Two-room plan
• Three-room plan
• Three room plan with separate rental unit
• Five-room plan
• Location of apartments by number

For those of you who prefer not to spend time shopping for furniture, we will offer complete sets in different
price categories.

• See animated movie from Kariri Beach Residence
• Standard furniture set - 1 bedroom (65 BTA)
• Exclusive furniture set - 1 bedroom (65 BTA)
• Exclusive furniture set - 2 bedrooms (65 BTA)
• Standard furniture set - 2 bedrooms (65 BTA)
• Exclusive furniture set - 1 bedroom (46 BTA)
• Standard furniture set - 1 bedroom (46 BTA)

Your money is safe in a client account

Brazilian Realestate AS makes sure your money is safe every step of the way until you have taken possession of your apartment. Safety is also our priority during the building process. For that reason we have financed the development ourselves.

How to avoid negative currency fluctuations

As property in Brazil is paid for in Brazilian currency, there is always a
risk of negative currency movement on the foreign exchange market. This can cause the price of the apartment to rise above the original price expressed in Norwegian kroner. Brazilian Realestate AS has taken this into consideration by setting up a client account controlled by a firm of lawyers in Brazil. The buyer can avoid currency swings completely simply by paying the entire purchase price into the client account in Brazil.

Payments into our Norwegian client account, on the other hand, are at risk of currency swings. We work from a rate of NOK 2.75 which prevailed when the project was costed. We absorb the expense if the Brazilian currencyincreases by up to five per cent against the krone; the buyer is responsible for any increase beyond that.

Any prospective buyer should check that the developer is sound, that he owns the site on which he is building, and that he has planning permission from the Brazilian authorities for the project. Brazilian Realestate AS has taken account of this by making available copies of the legal documentation confirming ownership and building consent from the official environment and planning body Idema, which you can see by clicking on the link below. For additional  information about the owners of Brazilian Realestate AS, all of whom have track records as successful businessmen in Norway and Brazil, see Owners’ background under "About Us" in the menu at the top of the page.

Building consents

Please see the sections "Service and maintenance: a unique concept" and "An exclusive development" under "Why buy an apartment at Kariri Beach Residence?", to which we would add: as well as the magnificent beach and luxurious swimming pool, the development includes a poolside restaurant and bar with sea views which also offers 24-hour room service. For evening entertainment, a stage will be set up at the bottom of the garden by the beach. Some sites have been reserved for shops and other services.

Below is a list of prices and the the size of each apartment. To see the location of each apartment, see the level plans

The price in reals listed below includes the standard furniture set and 8 % expenses.

Clients who want a five-room, 130 square metre apartment can knock two 64,59 M² apartments together
numbered as above. The price is the sum of the two apartments, plus 10% of the total to cover the extra
architect’s fees, structural alterations and paperwork.

There are 54 parking places in the garage. The price is NOK 55.000

All the apartments in Kariri Beach Residence are freehold: once you have paid the purchase price in full you are given title deeds, as in Norway, stating that you are the sole owner. A residents’ association will be set up by the developer, who will see to the practical formalities and paperwork. A board of residents will make any decisions concerning maintenance and will set a monthly service charge. This will cover janitor and security services, insurance, pool cleaning, gardening and similar communal expenses.

20 % of the purchase price is payable within a week of signing the contract, and a further 30 % at the start of construction. All buyers will receive advance notice of the starting date, which is expected to be during the summer of 2006, with completion ultimo 2008.

Another 30% will be payable when the roof has been completed and sealed. The remaining 20% is payable, plus an 8% conveyance fee, when your apartment is finished.

All buyers will be informed of the progress of the project, and up-to-date pictures will be posted weekly on our web site.

If all or part of the purchase price, including costs, is not paid on time, the buyer will be charged interest calculated on the total purchase price at a rate of 7 % above the prevailing base rate set by Norges Bank. 

Conveyance costs of 8% of the purchase price also include a Brazilian lawyer’s fee. The deeds to the property will be delivered to the purchaser as soon as the transaction has been registered in Brazil, the same procedure as for a freehold apartment in Norway.

The entire development is of course compliant with Brazilian laws and regulations. The apartments will maintain a high standard.

Of course, we cannot guarantee any increase in the value of your apartment as this is subject to market forces. However, we can confirm that land and apartment prices in Brazil are rising very rapidly. As Kariri Beach Residence is ideally situated, the town is growing quickly, and a spectacular golf course is nearing completion less than three kilometres at about the same time as your apartment, strong price appreciation in the near term looks more than  likely.

Brazilian laws and procedures apply to all contracts involving property purchases. In practice, this has advantages and disadvantages in comparison with the Norwegian system. If you have specific questions, please contact our sales manager Karsten Steine as shown at the bottom of the page.

The property is insured by the developer until the buyer has taken possession. 

Finally, an intriguing footnote: the name "Kariri" originated with an Indian tribe of that name. The tribe owned and controlled large areas of Ceara state before the Portuguese colonized the region, including the beach.

Estate Meglere

Advokat Stein Herland Eiendom AS - Bergen	tel: +47 5555 0450
Floberghagen Eiendom AS - Ski	tel: +47 9091 0776
Hodne Eiendom AS - Kristiansand	tel: +47 3812 2800
Meglerhuset Solveig Hansen AS – Haugesund	tel: +4752703600 / +4791600812