Rio Hills Country Club - Freehold | $530,000
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Villas for sale at this multi-award winning resort with a wealth of facilities, golf course and hotel. Located outside Rio in an area of rapid economic growth.
Rio Hills is an Integrated Residential, Retail, Hotel and Leisure development covering an area of 333,000 square meters. The resort adjoins Lake Guarapine and is surrounded by untouched natural beauty.
Resort facilities include hotel, golf and a Nature Reserve. With spectacular lake and mountain views, and round the clock security, Rio Hills' residents can enjoy the beauty of Rio's lakeside destination and picture perfect hills in complete privacy and safety.
Rio Hills is situated in Ponte Negra within the Municipality of Marica, known as the Lakes area of Rio. The area is undergoing explosive development thanks to royalties from the offshore oil finds in the Santos basin. Companies such as Shell, BP, Esso, Texaco, and Halliburton all have operations in the region.
Rio has experienced stratospheric levels of property price growth in past decade, with prices up over 200% since 2008, fuelled by expansion of credit markets, growing middle classes, new employment and foreign investment. Rio is now crowded and more fully valued with a slow down of growth leading to opportunities in outlying areas as people more out.
The resort is Less than 5km from planned R$5.4 billion Jacone megaport and 45 km from the $8.5 billion Petrobras facility. Around 60 minutes to downtown Rio and International Airport.