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Brazil's Natal undergoing "huge growth"

Article Date : Thursday, May 10, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

The city of Natal, in north-east Brazil, is witnessing "huge growth" in its infrastructure, which is good news for overseas property investors, an expert has said.

Writing for website Home Worldwide, Joss Hutton said that the creation of a new airport and massive shopping malls, as well as numerous beaches and untouched coastline, is tempting British property buyers.

He went on to say that many areas in Natal are hoping to improve local infrastructure "in the very near future".

"Nearly two thousand apartments are being constructed in the local area with surrounding yacht marinas, golf courses and massive retail parks under construction in order to tempt investors to the area," he remarked.

Natal is the capital city of the State of Rio Grande do Norte, a major tourist destination in Brazil.

A recent survey by the Institute for Applied Economics Research showed that Natal is the safest of all Brazil's regional capitals when it comes to personal risk.
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