Multi Family buy in Santo Andre Bahia

Exclusive Beachfront Resort for Sale in Bahia, Brazil This former 6-star hotel, previously listed as Condé Nast's most exclusive resort in Latin America, is now for sale and presents a unique opportunity for a professional hotel group or a private buyer seeking an exclusive beachfront estate. The property features over 300 meters of pristine beachfront and spacious, luxurious living areas built to the highest standards, including enormous beams of rare Brazilian hardwood, a state-of-the-art foundation with an intelligent tunnel for easy access to hydraulic and electrical networks, and specialized ventilation systems, all constructed with imported materials by a world-renowned architect/engineer. The property spans a massive 48 hectares (480,000 m2), with 5.6 hectares designated for the hotel. The existing 11-room hotel, Toca Do Marlin, includes 11 spacious suites, a reception area, offices, restaurants, bar, powder rooms, kitchen, storage spaces, working patio, heated swimming pool, and more, all encompassed within 2 interconnected buildings with 2,700 m2 of construction. An expansion project is underway in two phases, adding an additional 14 suites per phase, approved by government and environmental agencies. The Guaiu Development Company is also working to finish an airport landing area nearby by the end of 2018 and a marina later the following year. Located in the rapidly-growing town of Santo André, just 20 km north of Porto Seguro and accessible by ferry, this resort is poised to become the next Trancoso, with prices still a fraction of the cost.