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BRAZILIAN PARADISE ISLAND GOES ON SALE


RIO DE JANEIRO – For Brazilians looking to escape the gloom of recession, political turmoil or even their troubled football team, there’s a paradise island for sale.
Almada island just off Brazil’s coast north of Sao Paulo is in a popular tourist region of idyllic beaches and comes with its own private stretch of sand and a luxury house built in the 1990s.
Now until Nov 3 it’s up for auction, with a starting price of 25 million reais (RM28 million), G1 news site reported Thursday.
The hitch, other than the non-recession friendly price and approximately US$20,000 annual taxes?
The island belongs to the Brazilian navy and “we’re only transferring the usage rights,” the selling agent, Luiz Felipe Azevedo, told G1.

Source:– AFP

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