Providing our readers with the final series of our 5 part Blog on ’20 reasons to invest in Brazil’… Click here to view :
17) Olympic Games – We all recognise Brazil as a nation of sport lovers especially when it comes to football. This was evident at the FIFA World Cup held this year when the world was introduced to a new up and coming Brazil. Countries from all over the world revelled in its friendly, welcoming atmosphere with many spectators expressing their desire to return at some stage in the future.
The Summer Olympic and Paralympic Games announced Rio de Janeiro as its host during the 121st IOC Session on October 2nd 2009 and will prepare its opening ceremony for 10,500 athletes from 204 countries on the 5th August 2016. Once again the world’s media will descend on Brazil having an affect not only on tourism but also on property prices as more and more people want to share in Brazil’s growth. From now until then the opportunity still exists for investors to buy into this economy.
18) North East Brazil – In Brazil not all locations are the same. Developed and well known cities such as Rio de Janeiro and Sao Paulo now have some of the most expensive real estate in the southern hemisphere having already undergone immense growth. Developing cities in the north east region are now catching up leading to acceleration in demand and pricing due to huge economic development, tourism and infrastructure programmes. Leading the way in this growth is the city of João Pessoa the capital city of the state of Paraiba. Although prices are increase rapidly, property prices in this area are still far less than places such as Rio de Janeiro and Sao Paulo but we think it’s only a matter of time before house prices the north east catch up with the south providing even more reasons to Invest in Brazil.
19) Tambaba Country Club Resort – Seen as a unique secure condominium covering 150 hectares, Tambaba Country Club Resort stands out from the rest due its design, size and what will be the largest aquatic pool in the region at 2,500 m². Situated just south of the city of João Pessoa, Tambaba embraces the growth contained within this part of north east Brazil. With over 60% of purchases made by Brazilians, Tambaba offers the investor an opportunity to invest safely within one of the fastest growing areas of Brazil but at a fraction of the price. As demand grows developments like Tambaba will become more and more popular, not just because of its facilities but being so close to range of amenities including the vibrant city of Joao Pessoa itself and also being only 5 minutes from some of the most spectacular beaches.
20) Pueblo Do Mar – Designed for the demand of affordable middle class housing, Pueblo Do Mar was launched to the UK and international market in January 2013. Located close to Tambaba Country Club Resort, Pueblo do Mar is much smaller with 406 land plots available. Sales to date a total 320 land plots.
Our partners in Brazil launched this to the local market in July 2013 selling just under 100 plots in the first 6 months, proving that the locals really do have an appetite for middle class residential housing.
With Brazilians now being able to borrow up to 80% from leading banks such as Santander, Bradesco & HSBC, this can only enhance the opportunity of selling your investment and making a profit whether it be land alone or a built residential property.
The middle class now represents 53% of the active population and is rapidly rising. With the minimum wage more than doubling in the last 6 years, this expanding mass consumer market is also fuelling residential housing demand with a defined need for over 7 million new homes by end of 2015. The Brazilian government has suggested a need for more than 20 million new homes by 2025.