It's a rich man's game.
The surf tub game is still in its infancy. While certain investors are wildly bullish, tossing money into developments with pools as centerpiece, claiming they will be the new golf course communities, others are not so sure, pointing to the debacle in Bristol or bad publicity from Palm Springs/Utah.
Though where does Brazil stand on the matter?
The surf mad South American nation, population 211 million, would be an absolute boon to savvy speculators if they could squeeze reals out of artificial wave enthusiasts. The average monthly Brazilian salary is $580ish USD. A day at Kelly Slater’s Surf Ranch in Lemoore, California reported to run between $50,000 and $80,000 per day.
Well, if the price tag coming out of two new Sao Paulo projects is snaring any suckers, then the gold rush may well be on.
With over 11 million souls, Sao Paulo is the southern hemisphere’s largest city, stirring rage in the hearts of Sydneysiders. It is known as a major economic hub for South America though many traffic-choked miles away from any real surf.
Beyond the Club and Sao Paulo Surf Club, just opened, seek to remedy. Only four miles apart in the tony Santo Amaro district, both are currently offering memberships. Beyond the Club runs $125,000 for a family of four. Sao Paulo Club around $150,000.
A lightly used Mercedes Maybach sedan (no accidents, one owner, 9,330 miles), by comparison, costs $145,000.
Unlike Surf Ranch, the properties include tennis, squash, ski simulators, skate parks, spas and restaurants. There is a ski simulator at Hansen’s Surf Shop in Encinitas. It looks horrible.
The membership fee does not come with a home or condominium.
Are you enticed?
Are you enticed to buy that Maybach?