uv10 Property Fund
uv10 Property Fund – unprecedented opportunities now open to investors
**** This fund is now closed, if you are interested in investing $USD 10m or more through an audited fund structure please contact uv10 ****
Now individual investors can enjoy the unique investment opportunities brought about by the historic Minha Casa Minha Vida (My House My Life) social housing programme in Brazil.
There is little doubt that Brazil’s economy is positively booming:
- 17% rise in retail sales year on year
- Unemployment at a record low of 5.7%
- Country self sufficient in fuel and soon to be one of the world’s largest oil producers
- Government agrees a further investment of 72 billion Real into Minha Casa Minha Vida between 2011-2014
- Minha Casa Minha Vida expanded to cover properties priced up to 150k R$, (formerly only properties priced up to 100k R$ were eligible)
- At end of 2010, more than 9.1 million families declared an intention to buy a house in the next 12 months, compared to just 4.2 million at end 2008. Of these, 83% are amongst the lowest earners in Brazil (C,D,E class) for whom this has become a reality
- Banco do Brasil to double mortgage lending this year from 3 billion to 6 billion Reals (mortgage lending only began in 2007)
- Housing deficit today stands at over 7 million
- Experts agree it will take 10-15 years to build enough property to meet the country’s housing needs
Returns
The fund is targeting to earn investors a minimum 30% ROI per annum which is a very conservative estimate (previous projects of the type the fund will invest in have generated a ROI greater than 50% per annum). The fund is fully regulated and multiple levels of management are in place across Europe and Brazil, ensuring that all and any investment decisions are strictly monitored.
About the Fund
Join uv10’s fully audited and regulated fund and be part of one of the most exciting, safe and profitable investment opportunities in the world today – the historic Minha Casa Minha Vida social housing programme, providing previously unheard of opportunities for larger-scale investments (from 1 million Euros upwards)
Invest in a fund managed by an experienced and knowledgeable team including uv10, a multi-award winning, specialised Brazilian real estate company based in Natal, and a select group of lawyers, bankers, accountants and property developers with a wealth of experience in the field.
My House My Life
Minha Casa Minha Vida was introduced in 2008 with an initial government investment of over 64 billion Reals, and was set up to manage the 8 million-strong shortfall of adequate housing in Brazil and reduce the inequality gap. It consists of a subsidy to buyers and developers, backed up by a worker’s fund to guarantee payments on behalf of homeowners, thus mitigating delinquency risks for banks. What is particularly interesting for developers is that means-tested buyers are pre-qualified and signed up to buy these homes once complete, so the investments can be turned around faster than usual.
Phase I of Minha Casa Minha Vida comprised the completion of 1 million new homes by the end of 2010, now extended to end of 2011. Phase II has recently been approved, with a further 2 million subsidised homes to be delivered over the next 4 years, with the aid of a 72bn Real subsidy.
The possibility of home ownership is now very real for many Brazilians for the first time, with 90% mortgages at very low interest rates and repayments over 30 years. In fact 9.1 million have declared their intention to buy property this year, of which 83% are from the lowest income brackets.
In 2011, with the new government already demonstrating its ongoing commitment to housing development, we are ideally poised to take advantage of the growing opportunities within Brazil, where analysts predict that it will take around 10-15 years to even reach saturation (housing defecit currently stands at around 7 million).
Why invest in a fund?
Entry level for investments in this sector is often prohibitively high for individual investors and comes with some challenging bureaucracy and a need for high levels of expertise. The uv10 fund was designed to bridge this gap for clients, offering them a safe way to enjoy some of the most guaranteed exit strategies and high returns seen in recent times. Clients will benefit at all times from the combined market knowledge and expertise of uv10 and our associates.
Fund investments
The fund will be partnering with experienced asset-rich developers already operating in key markets in Brazil, who do not have access to, or prefer not to use, traditional forms of funding which in Brazil are both expensive and heavily bureaucratic. North east Brazil alone accounts for 4 out of the 8 million strong housing shortage so we are perfectly positioned in Natal to invest in social housing projects and to spread the risk across several at a time, both locally and nationally, owing to our investment power.
Legal requirements
As this is an experienced investors’ fund, the legal minimum entry level is 100,000 Euros. The fund is independently audited on a yearly basis and a fully licensed and regulated fund administrator will report the net asset value of your investment to you every six months. The fund is closed ended and will run for 3 years.
Further information
Please contact us* for more detailed information as we are about to enter the limited subscription period.
* By contacting uv10 about this fund you state that you are an ‘Experienced Investor’ as defined below and therefore are eligible to invest in this type of fund. This investment is NOT a retail product and is NOT suitable to everyone.
‘Experienced Investor’ means a person or body who, at the time of the investment falls into one of the following categories:
(i) whose ordinary business includes investment related activities; or
(ii) has net assets in excess of 1million euros (excluding residential property); or
(iii) who invests a minimum of 100,000 euros in the Fund
This document is for information purposes only and should not be construed as a promotion.
Brazil property and real estate investment specialists
* Winner of the AIPP Best Small Agent 2010 Award, in recognition of our transparency and high levels of customer service www.aipp.org.uk
* Gold Winner of the Best Agent 2010 OPP Award for Excellence, in recognition of our “first class knowledge” and “hands-on, caring agency approach” www.opp.org.uk
* Silver Winner of Best Agent 2011 OPP Award for Excellence, in recognition of being “a true expert in the Brazilian market” and “a really good example of how to do it properly”.
* Five Star Winner of the Americas Property Award 2011, in Association with Bloomberg TV for Best Real Agency Website, Brazil
Already the 7th largest economy in the world and now with an AA investment rating from both Moodys and Standard and Poor’s, Brazil is widely expected to become one of the leading global powers of the future.
With an acute immediate housing shortage of some 8 million homes and a rapidly expanding youthful population numbering almost 200 million, we encourage potential investors to look not only to the glorious beachside locations offering unbeatable holiday home opportunities, but to invest in the booming domestic sector which is performing at unprecedented levels, owing to rising wages and the enormous expansion of domestic consumer credit, which is still in its infancy.
uv10 is a small, award-winning, specialist property investment company with bases in both Europe and Natal, Brazil, where we have extensive contacts, unparalleled experience and are perfectly positioned to offer clients the earliest opportunities as they come to market. As both owners and residents in Brazil we can advise and assist clients with every aspect of investing in the dynamic property market that Brazil has become.
When it comes to investment, knowledge is power and the early bird catches the worm. Whether investing in a fund, buying a property for pure investment or for personal use, throughout this website you will find invaluable and up-to-date information on how and where to invest at any given time. We bring you the latest opportunities as they happen and should you wish to speak to us personally we can be reached via the contact form or by phone. All email enquiries will be answered within 24 hours.
Today’s best picks
Brazil Property Fund for superior returns
For specialist, personal investment advice, simply fill out our online form and we’ll be in touch to answer all your questions.
City Investment Apartments (49% ROI by 2013)
4 year rental guarantee: Designer apartments in Petrópolis, the “Mayfair” of Natal, most desirable area for Brazilian professionals - last units available
Following the massive successes of both Capim Macio Residencial and Sonhos do Mar, the Dr Geraldo Furtado project in Petrópolis, the most ambitious and best located project to date, is now almost sold out, owing to its ideal location and very low pricing.
A stunning luxury skyscraper of some 26 floors with just 4 units (55m2 or 99m2) per floor, this property overlooks Natal’s most trendy, designer and upmarket neighbourhood where the city’s lawyers, doctors and other wealthy élite gather to eat, drink and network amongst the stylish art-deco façades.
To work out why this location is quite so desirable, imagine you are in the most upmarket part of the city with earners in the highest income bracket but just:
- 50m from Natal’s main thoroughfare and 1km from the Via Costeira, direction Ponta Negra
- 400m from the enormous Nordestao hypermarket
- 1km to the stunning “Parque das Dunas” protected sea-front sand dunes
- 1.2 km to the beach (sea views from 9th floor and above!!)
- 2.5kms to Natal’s biggest and best shopping mall
- 4.5kms to the FIFA World Cup “Dunnas” Stadium – perfect for World Cup rentals or resale
- 5.5kms to the Federal University
- 14kms to the airport
Once onsite, residents will enjoy a range of high-end lifestyle facilities such as reception, pool with pool bar, barbeque, games room, sauna, laundry, 24 hour security, gated community, secure underground parking and staff quarters.
Furthermore, there will be stunning sea views from 9th floor and above, where the last 3 bed units are priced from just £89,000 (promotional discounts may apply -please ask).
Undercutting the market price by at least 20% and now with very limited availability due to record sales, this is the established area that everyone in Natal would live in if only they could afford to, and selling below market value means that now they can.
With the new availability of affordable mortgages for Brazilians they are buying in unprecedented numbers and Petrópolis remains their number one choice, practically guaranteeing a quick and profitable resale for owners.
To make this proposition even more exiting for investors who wish to cash in on the booming local market in Natal, payment is spread until January 2013, with the properties worth significantly more by completion.
Using a conservative estimate of 10% capital appreciation per year plus the 18% below market value you would enjoy an expected 49% ROI during the construction phase alone. Furthermore, 2013 is very close to the World Cup and the opening of South America’s largest airport in Natal, when international interest will be reaching a peak.
Once the development completes and goes on local market launch in 2013 we expect all units put up for resale to sell within weeks, as per all other projects in this area.
Should you choose to hang on rent your unit out, the developer, as ever, will fully furnish the property including split air-con, high-speed internet and phone system at a very competitive price. Choose from full rental management with an estimated 10% NET rental return per year, or take up the developer’s 6% a year rental guarantee, paid in advance every 6 months.
It is almost impossible to find a surer investment on the market today than Petrópolis. Please contact us for more information or to reserve now.
