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First Minha Casa Minha Vida Investment in Parnamirim | Obelisk International News

08-10-2011 08:35 AM CET | Industry, Real Estate & Construction

Press release from: Obelisk International

First Minha Casa Minha Vida Investment in Parnamirim | Obelisk

The draw for the first Minha Casa Minha Vida development in Parnamirim took place recently. 352 families are now the lucky owners of apartments in the largest programme for property investment in Brazil.

To view photos of the draw please visit our website, www.obeliskinternational.com.

The first Minha Casa Minha Vida investment in Parnamirim is called Nelson Monteiro and consists of 352 apartments in the Vale do Sol district of the city. The next step for the new owners is to sign the mortgage contracts with Caixa Economica Federal and move into their homes in mid-August.

Social Housing Hub

Parnamirim lies to the south-west of Natal in Rio Grande do Norte state and forms a focal point for Brazilian investments in social housing. Over half the allocation for Minha Casa Minha Vida in Rio Grande do Norte lies within the district of Parnamirim where Obelisk International is currently developing Minha Casa Minha Vida projects.

The local council is pulling out all the stops to finish infrastructure in the Minha Casa Minha Vida districts so that new homeowners are within easy reach of amenities. This makes Parnamirim an attractive location for Minha Casa Minha Vida investment since prospective homebuyers know they will be near facilities. Parnamirim’s Mayor said the council’s aim is to ensure schools and health centres are less than 1km from the social housing developments.

Dream Come True

Speaking at the draw for the 352 new homes, the Mayor recognised the huge importance of the occasion. “I come from a poor family,” he said, “and know this is a very special moment in our lives”. The representative from Caixa Economica Federal – the bank providing finance for all Minha Casa Minha Vida investment in Brazil – expressed his satisfaction at “sharing this dream come true in Parnamirim”.

The stories behind the 352 new homeowners speak for themselves. From the 88-year old lady fulfilling her lifelong dream of owning a home to the father of two who said “it’s going to be a big relief to have a roof over our heads”, every family expressed their gratitude towards the programme.

Obelisk International believes that as well as an extraordinary opportunity to invest in Brazilian real estate, Minha Casa Minha Vida is about improving people’s lives. And the first social housing investment to come to life in Parnamirim is doing just that.

Contact Obelisk International on 0034 952 820 319. Via email: info@obeliskinternational.com or visit our website: www.obeliskinternational.com.

Obelisk International is a private investment business specializing in Brazilian property investments.

Obelisk International's largest and most recent product for property investment in Brazil is the Brazilian government-backed social housing programme, Minha Casa Minha Vida. With a minimum investment of £100,000, this opportunity to participate in the Brazil social housing programme offers a FIXED 75% profit after two years, with full capital returned after ONLY 12 months.

Obelisk International
38 Clarendon Road, Monton
Eccles, Manchester
M30 9ES
Alison Kane, Marketing Manager
Tel: 0034 952 820 319
Email: press@obeliskinternational.com

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