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Memo 05/12/2024 Proposal for Sale Farm Boa Vista

Property: Fazenda Boa Vista

Location: São João do Paraíso, Northern Minas Gerais, Brazil

Total Area: 14,742 hectares (36,423 acres)

Eucalyptus Plantation Area: 10,400 hectares (25,705 acres)

Property Details:

• Comprised of several previously acquired farms: Fazenda Dadazinho, Fazenda São João Velho I, II, and III, Fazenda Jacaré, Fazendas Lembranças I, II, and III.

• Located in contiguous municipalities and all managed by Fazenda Boa Vista.

• Planted species: 144, 224, 1528, and VM 01.

• Forest ages: 1 to 12 years.

• 35% second cut and 65% first cut.

• 80% of forests over 6 years old, ready for harvest.

• Flat and mechanized topography.

• Annual rainfall of 1,300 mm (51 inches).

• Perennial river with a reservoir of over 80 hectares (198 acres) of water surface.

• Main house, workers house, waiting nursery, and electricity.

• Located 3 km (1.9 miles) from paved road.

• All reserves registered and well-defined APP areas.



Observations:

• Approximately 400 hectares (988 acres) were affected by a fire and are being used for charcoal production.

• The owning company sold 200,000 m³ (7,062,933 cubic feet) of wood to a pulp and paper company.

• The buyers inventory estimates that there are still approximately 2,400,000 m³ (84,942,124 cubic feet) of wood on the property.



Sales Conditions:

• Open-gate sale, meaning equipment, tractors, trucks, pickups, etc. are not included.

• Total sale price: USD 65,000,000



Commission:

• USD 1,000,000



Highlights:

• Excellent investment opportunity in planted forests with high return potential.

• Large area of forest ready for harvest, ensuring immediate cash flow.

• Flat and mechanized topography, facilitating forest management and optimizing costs.

• Complete infrastructure, including main house, workers house, waiting nursery, and electricity.

• Strategic location, close to paved road and with easy access.

• Complete and regularized documentation.

• Potential for diversification of activities, such as charcoal production or other forest products.



Additional Considerations:

• The farm has great potential for future appreciation, mainly due to the growing demand for wood and pulp.

• Investing in Fazenda Boa Vista offers the opportunity to acquire a highly productive property with great financial return potential.



Contact:

For more information or to schedule a visit, please contact our group responsible for selling the farm.

About Hectare

A hectare is equal to 10,000 square meters and 2.471 acres in the British Imperial System.

1 Ha 2.47 acres

1 Ha 10,000 square meters

1 Ha 107, 639 sqft

1 Ha 11,959 square yards

1 Ha 100 ares

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