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New Finance Development!
The Fountains are releasing 3 units to foreign buyers under the projects new Brazilian mortgage scheme.
Terms: No deposit. 1% per month for 100 months.
This project now has all documentation in order and has lodged the application for Brazilian buyers to purchase using Caixa Economica finance.
Currently there is an enormous market within the Brazilian middle class but these buyers require previously unavailable credit to purchase.
This lack of mortgage type credit has given cashed up foreigners a price advantage until now, and kept prices extremely low due to a lack of local buying power.
However, once approved, this mortgage eligibility opens up the market size dramatically for The Fountains and per M2 prices will be increased by 15% to meet the current local market prices.
Several premium 1 and 2 bedroom configurations are still available to purchase at these off plan prices.
Only 3 units will be sold this way and they will be allocated on a first come first served basis.
This is an an ideal time to invest before the world cup developments unfold and before the demand side of this market grows exponentially.

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