We fell in love with this land the very moment we saw it. Its undulated and uneven topography, its views to the surrounding green hills, and its proximate location to Itajai and its industrial and port centers. Given our conversation with the mayor and local companies, as well as our 300+ potential buyers from Itajai that came to us thru our neighboring city project Colina do Cedro, we designed the community of Alemeda dos Ipes as a mix of 4 story buildings and houses similar to Colina do Cedro. Our epxerience leads us to believe that units will fly from the moment we put it on sale. The negotiations, due diligence and sorting out the legal issues surrounding for this land have taken time and effort but we expect to complete the permit process soon and begin construction.

The layout for the development project is as follows:

• Green Space: 22,000.00 m² (25%!)
• Construction Area: 55,000.00 m² 
• Total Area: 82,000.00 m²
• Common Areas: 1,000.00 m² 

A new standard for entry level homes

The units will follow our ‘entry level home’ model consisting of one story houses, quality finishing and a parking space for each unit. The location allows for a beautiful natural view and easy quick access to Itajai and Balneario Camboriu. Our high quality entry level home designs along with the location combine to offer our customers a completely new living experience.

Precious Land

Land like this truly is a diamond in the rough. To be able to offer scenic views with close proximity to city centers is very rare. Itajai like Balneario Camboriu (BC) and Navagantes is growing rapidly. The three cities complement each other and create Santa Catarina's best kept investment secret. This location will not only meet the needs but also fulfill the desires of the growing entry-level home owner segment. With easy access to the public university (UNIVALI), the port and city centers of Itajai and Balneario Camboriu this parcel is ideally located. Abramar Inc. is the only developer in the area providing projects of this size, quality and vision.

No other project like this

One of the reasons this type of quality housing project does not exist today is that this market is currently served by small local developers with no access to capital are currently trying to build such homes. Current project sizes range from 5-20 homes (60 to 70 m² priced at R$ 85,000 to R$ 140,000). The home deficit was further compounded by the recent floods that destroyed thousands of homes. Abramar is the only developer focused on and qualified to build large projects of this type locally. Abramar has the competitive advantage of offering homes of a higher quality and lower price than any other developer in the area.
 

Project Progress

We had the land appraised and approved by Acquaplan, the company that takes care of environmental licenses
We obtained the City Hall 'consulta de viabilidade' that shows that legally we can do a development on the land. The permit and planning process will confirm the exact number of units. The neighborhood is part of the official expansion program of the city. We have verbal approval from FATMA (the most cumbersome approval agency in the permit process) that they will approve the project we are proposing (in writing only after all permits are approved. We expect to launch this project in the first half of 2012.