With the runaway optimism created by widespread Government social housing programmes and the hosting of the 2014 FIFA World Cup and 2016 Olympics, Brazil is attracting an abundance of serious property investor attention.
In an age where off plan property investment has become par for the course for many investors, it is very refreshing to witness a resort that is already completed to a turnkey standard and not subject to years of further development.
At the end of 2010, more than 9.1 million Brazilian families announced their intention to purchase a new home within the next year.
Ditch the red roses, Ferrero Rocher and Andrew Brownsword teddy bear this Valentine’s Day and instead give your special someone the keys, not only to your heart, but also to their very own piece of paradise in the shape of a love nest over looking Brazil’s stunning Praia do Amor – Love Beach.
Hot on the heels of power and prosperity, it has been revealed that the world’s optimism is also now shifting to the emerging economic nations.
According to multi award-winning Brazilian developer Grup Immobiliari Natal Brasil, Britain produces some highly astute property investors. The Company, which works in partnership with specialist Brazil estate agent uv10.com, describes British buyers as being “more informed about property investment than other Europeans” - it seems we win top marks for our research skills.
With excitement already building for FIFA World Cup Brazil in 2014, a new survey by tourism marketing experts, Pangaea Network, confirms that the South American nation has plenty to look forward to. Of the travel professionals polled, the majority agreed that hosting an international football tournament will do more to boost a nation than any other sporting event – four times more popular than motor racing which ranked in second place.
After a second round of voting, Brazil now has its first female President - Dilma Rousseff. Hand-picked by her predecessor and fellow Workers’ Party member, Lula Inácio da Silva, Rousseff is expected to continue his immensely popular social policies and propel Brazil from the world’s eighth largest economy to an impressive fifth by the time the Olympic Games open in Rio de Janeiro in 2016.
Barely six months since winning Best Small Agent 2010 in the Association of International Property Professionals (AIPP) Awards, uv10.com was once again top dog at the Overseas Property Professional (OPP) Awards for Excellence 2010 – this time scooping Best Estate Agent (Gold) in front of a prestigious London ExCeL audience.
With holiday home buyers mainly confined to the sidelines, foreign interest in Brazilian real estate is still booming thanks to a huge influx of pure investors eager to cash in on Brazil’s flourishing economy and growth in the domestic housing sector.
In Brazil it’s actually both fun and rewarding to be an estate agent right now. Soaring economic growth (8.8% GDP for Q2 2010 – higher than anticipated) coupled with progressive government programmes aimed to give low-income families easier access to mortgages means that there are literally queues of people signing up for off-plan property.
As the build-up to 2014 FIFA World Cup and 2016 Rio Olympics gathers pace, the spotlight rests firmly on Brazil. Once the secret of a select few adventurous holiday home buyers attracted by the year-round sunshine, amazing food, deserted beaches and party atmosphere, Brazil is now topping the list for serious property investors who wish to cash in on the boom.
Investors can once again hold confidence in the Brazilian land market as the President of the ADIT (Association for Real Estate and Tourism Development in the north east of Brazil) has dismissed worries over proposed new restrictions on foreign nationals owning land.
Brazil may not be football World Cup winners but Latin America's success story is an "Economic World Cup Winner" according to CNN International.
By January 2010, following an appearance on national TV and rave reviews in the ‘Tribuna do Norte’ newspaper, every one of São Miguel do Gostoso’s 18 pousadas was fully booked for New Year 2010/11. Once an undiscovered secret, this northeast Brazilian town simply cannot cope with demand.
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