(What is this?)
Home > Brazil > Property > News : New airport 'to boost Brazilian property'
Not registered?  Join IPIN now FREE   |  Forgot password?

New airport 'to boost Brazilian property'

Article Date : Tuesday, October 23, 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

Brazil's property market is set for a major boost after the opening of a new airport in the country.

Knight Frank stated that the forthcoming portal in San Gonsalvo would boost tourism and investment in areas such as Natal.

The firm added that the new facility, which is expected to be open in three years time, would be quicker to reach than the alternative airport in the south.

This means that travellers who may be deterred by long journey times may consider it as a viable holiday destination or investment spot.

Liam Bailey, head of residential research at Knight Frank commented: "This is by far the closest part of Brazil to Europe and makes the flight far more bearable than travelling south."

He added that the Brazilian market was largely "untapped", meaning that a surge in the number of foreign investors could trigger a period of "huge growth".

Earlier this month, property investor Louise Brown told the Telegraph that the holiday sector would be the "linchpin" of Natal's economy.
Listing Separator

Related Articles

  1. Millions to be invested in Rio's roads in World Cup run up
  2. Brazil's biofuel industry 'will benefit economy'
  3. Copa Airlines announces fourth destination in Brazil
  4. Medical industry booms
  5. Brazil is increasingly attractive, says expert



Listing Separator

Let us search for you Let Us find Property in Brazil for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in Brazil.
Let us searchHelp me find property in Brazil


Subscribe to This Feed

RSS News
Subscribe to this RSS Feed
Country: Brazil
Channel: All

More RSS FeedsGo

View News by ChannelView News by Channel

Media/Press SectionProperty News Search


   

News ArchivesNews Archives

View worldwide property news from as far back as 2005 in our News Archives Section.

View News ArchivesGo

Media/Press SectionMedia/Press Section

Are you a Press or Media professional? We have access to a wide and varied collection of data and statistics which may be of interest to you.

Journalists click hereGo

View News by ChannelSee Your News Here

Submit your news feed for spidering by our news robot. Simply enter the url of your RSS feed in the text box below and click the submit button

Submit Your RSS FeedGo