Developers AG Prima are about to launch their second facility in Sao Pedro da Aldeia: the Praia Bela condo. Its comprised of 240 units of two and three bedrooms. The company launched in April the second phase of Nirvana Beach Club, in the same city: 164 units facing the sea, from R$ 130.000. The director of AG Prima, explains that investments in the city are due to the public finally finding Sao Pedro da Aldeia’s potential. The city has lacked investments for a long time, but now with the north of Rio de Janeiro booming with oil investments, all the surrounding cities are also benefiting from it. Sao Pedro da Aldeia is a town by the lake in the area known as Lake Region. Nearby cities are Cabo Frio, Buzios, Araruama and Arraial do Cabo.
The north of Rio is hotspot for property investments currently. The towns are seeings lots of business from the oil sector, but all towns also have tourism potential with beautiful beaches and nature.