Lot/Land for Sale in Itaparica Island, Bahia, Brazil

Prime Location for Private/Commercial Development

This area represents a rare opportunity to secure a large virgin property within the urban ring of Mar Grande, the principle town of Vera Cruz, on the island of Itaparica. It will not be news to keen investors that Brazil has for some time been attracting both private and institutional capital for residential and commercial enterprises. This has been accelerated by Brazil’s hosting of the World Cup football in 2014 and the Olympics in 2016 and the close-by city of Salvador, Bahia, is seen as one of the three cities that will profit most from the improvements to infrastructure and receptive services that such events bring. And, in turn, there will be a consequential increase in property values. In fact this has already begun.
In addition, the state government has solicited plans to construct a bridge and highway to connect Salvador, via the island of Itaparica to the South. This will have a major impact on property values and greatly improve accessibility to and from the international airport of Salvador and other coastal areas of Bahia.
This location is accessed in the town of Mar Grande and the main artery that will be included in the new expressway. Private buyers who prefer to live close to urban services, but within a large area of natural beauty -even to create animals and an area of self-sustainable food production- will live out a dream here. Developers can envisage the creation of a residential park, an environmentally friendly area of production or tourist development; tourism being the prime source of income for Bahia.
All utilities are connectable and natural water is plentiful. 12°57'35.61"S 38°37'26.88"W Google Earth