Brazil » Market Report

Brazil is property investor's paradise. The growing number of enquires for buying property in Brazil shows the keen interest of investors in Brazil property market. Despite the credit crunch Brazil’s economy is steady and the country is emerging as a world economic leader. According to Forbes Magazine, 'Brazil is the most interesting international opportunity for investors right now'.

 

The government launched a four-year plan in 2007 in which it is funding $300 billion for the up gradation of road network, power plants and ports. The plan includes modernization of airport at Maceio and construction of a bridge that connects north of Maceio to the vibrant city of Recife. The bridge will improve access to the north and with that the property prices are bound to increase. All these factors promise a big investment boom in Brazil.

 

According to market reports in Brazil, property prices over the past five years increased almost 20% and some areas of north east Brazil reported returns of more than 20%. It is the perfect time to invest in Brazilian real estate as the prices are now low but are all set to rise. Expanding market, developing infrastructure, steady economy are all positive indicators for property investment in Brazil raising expectations of investors and real estate agents in Brazil.

The cost of land in Brazil is very reasonable, in fact low in some areas and can provide impressive investment returns. It is the perfect opportunity to enter the market at the beginning before the prices of Brazilian property starts rising. Most of the country’s landscape is forested and therefore unpopulated but the north east coast at Bahia, Rio and Sao Paulo are developing at a rapid pace and represent great investment returns for those looking to invest in Brazilian property. It is estimated that 1.5 million homes in Brazil are being sought each year. Domestic demand outside the big cities is also increasing as Brazilian residents are looking for places to buy a second home.

 

 

Properties near the sea and in north east Brazil hold great investment prospects. Majority foreigners for investment in Brazil are seeking out for the beaches of the Northeast and urban areas in the Southeast. Bahia with its stunning beaches, tropical climate, and developmental projects is drawing tourists. The city of Sao Paulo changing its past image of violence is the financial center of the country drawing in business from foreign countries.

The city of Rio is the capital and the place where largest popular festivity in the world known as the ‘Carnival’ is held. It is popular with investors for its tourist and business appeal.  Rio also called the ‘Marvelous City’ is expected to see a significant growth in real estate as surveys reveal it is the most sought after Brazilian location.

Northeastern Brazil is the part that receives most tourists and therefore it also receiving most international property investments. Property in Natal is also a wise investment as it attracts quite a number of tourists.

Many areas are being developed and transformed into top-class resorts to help boost the tourist industry. Smart real estate agents are acting fast and purchasing properties in order to draw good rental yields from Brazil’s property.