Following the first instalment of 12 Reasons to Invest in Paraiba – Part 1 , here’s part 2 providing you with 4 more reasons as to why the property market in Paraíba is still attracting investors.
5. Getting there – The only international airport in the state of Paraíba is the Castro Pinto International Airport located in the municipality of Bayeux, eight kilometres from downtown João Pessoa. As well as connecting flight to all the major cities in Brazil, international carriers are starting to operate direct flights. Although extensive works have been carried out to cope with demand it is reported that because of capacity it may be replaced with a new international airport. One site that has been considered is a vast amount of flatland close to the new international convention centre just south of João Pessoa.
6. The following tourist attractions are “must-sees” in beautiful Paraíba:
- Casa da Pólvora – a historical museum
- Cultural Centre in João Pessoa – complete with an astronomical observatory, library and art exhibitions
- Golden Chapel (Capela Dourada)
- Museum of Sacred Art
- Nossa Senhora do Carmo
- The beautiful park of Parque Sólon de Lucena
- Baía da Traição – a military museum
- The many gorgeous beaches
- The Itapuá Sugar Mill
- Pedra do Ingá – an area of breath-taking natural beauty. The Ingá Stone (Pedra do Ingá in Portuguese) is located in the middle of the Ingá River near the small city of Ingá 96 km from João Pessoa. The Ingá Stone is also called Itacoatiara do Ingá. The rock formation covers an area of approximately 250 m². Altogether primary, a vertical wall 46 meters long by 3.8 meters high, and adjacent areas, there are entries whose meanings are unknown. In this set are carved in low relief, several figures, suggest that the representation of animals, fruits, and human constellations like Orion and Milky Way.
Composed of some basalt stones it’s covered with symbols and glyphs undecipherable until now. Scholars think it was created by natives that lived in the area until the 18th century.
7. Cost of Living - The cost of living in Brazil is still amazingly low when compared to other international property hotspots. Shopping and dining out are very affordable and Paraiba is considered one of the cheapest places to live in Brazil although João Pessoa and its close surrounding are now showing a rapid increase in property prices. An abundance of fruit, vegetables and fresh seafood means grocery shopping costs a fraction of what you would normally pay.
8. Investor Opportunities - Brazil is still an emerging market with plenty of opportunities at every level making it a really good destination for property speculators, developers as well as individual investors. Paraíba is seen by many professional investors as a bargain due to the low prices when compared to other areas such as Rio de Janerio where prices have soared and in some cases peaked. With growth now coming to Paraíba and especially the capital João Pessoa it won’t be long before prices start to increase at a rapid rate confirming that those who chose to invest in the early part of this cycle will likely to see the most returns.
Source Casa Paraiba