Area Description- State of Alagoas

Tourism & other services (55.8% GDP).
In the last twenty years the tourist industry has found the beaches and Maceió itself has changed from a rather sleepy little port with coconut palm plantations along its beaches to high rise hotels. The northern coast, particularly around the towns Maragogi and Japaratinga is beginning to see some of this development in the form of resorts attracting people from the south and from Europe. There is considerable European investment (as of 2007) in beach property north of Maceió with walled compounds of beach homes.

Industry (36.9% GDP).Sugar cane formed the basis for an alcohol industry that is in decline. Another local industry is based on chemical products from brine pumped from deep wells on the outskirts of Maceió.


Agriculture (7.3% GDP). 

The economy has been agricultural, dependent largely on large sugar cane plantations with some tobacco farming that is concentrated around the city of Arapiraca.

Share of the Brazilian economy: 0.7% (2004).

Property Description

Located 40 km from the lovely city of Maceio, this allows easy access to tourism. The airport is modern and well equipped. The city is a pleasant layover, with its jangadas, good food and beautiful interior of cane fields. There are 2 million square meters of area with an entire km of beach.
A project has been planned, but subject to approval. The 2 story, 15% occupancy limits apply. The coast has many natural reefs and fishing villages. Very little development has been done here to date.

More information is available upon request.

Price: R$ 30,000,000

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