Real Estate & Investment News in Brazil from Propertyshowrooms.com

'Remember the fundamentals' when buying land in Brazil

Mon, 21 May 2012 00:00:00 GMT

Investors who are considering purchasing land in Brazil need to remember the fundamentals of the real estate market when deciding on a plot.

This is the advice of DLT Property managing director Dean Thomas, who explained because Brazil is such a large country, it can be hard to know where to begin when you start searching for a suitable location for a Brazilian real estate investment.

He recommended focusing on "a popular domestic and international tourism destination which is easily accessible by road, air and sea". Mr Thomas added any beachfront property is desirable, as it will hold its value.

Purchasers should also make sure they research the local market to ensure they do not pay over the odds for their plot, with Mr Thomas reminding buyers that, although Brazilian land may seem cheap compared to other international destinations, it is important to pay a "competitive rate for the local market".

It appears investors are keen to enter the Brazilian property market, with TheMoveChannel revealing developments in the north-eastern state of Rio Grande do Norte received the most enquiries in April.

Investment in Brazilian land 'an affordable option'

Wed, 2 May 2012 00:00:00 GMT

Buying land in an up and coming area of Brazil may prove to be a sensible investment for those keen to enter an overseas real estate market.

Managing director of DLT property Dean Thomas explained purchasing a plot of land offers a "low entry, affordable way" into the sector.

He highlighted the prospects for Brazilian property in the state of Rio Grande do Norte, where the tourism industry is developing and investment from businesses is flowing in.

Mr Thomas added this north-eastern region of the country is not as established as other locations - such as Rio de Janeiro and Sao Paulo - providing potential opportunities for investors.

Last month, Money Week cited data from Capital Economics, which showed property prices in Sao Paulo and Rio de Janeiro have climbed by 140 per cent since 2008.

The organisation's figures also revealed the value of real estate in the country's top seven districts increased by 25 per cent in 2011.

Is Natal's Zona Norte a hotspot for Brazilian property?

Fri, 27 Apr 2012 00:00:00 GMT

The rapidly expanding suburb of Zone Norte in Natal is offering huge opportunities for real estate investment in Brazil.

Natal is one of the fastest growing cities in the north-east of the country, with over 300,000 Brazilians moving there in recent years. As a result, property in the middle-class district of Zona Norte is in high demand, according to Obelisk International.

A mostly residential area, Zone Norte has seen a massive influx of middle-class citizens, which is the largest and fastest growing sector of Brazilian society.

The prospects of real estate in Zona Norte are also being boosted by its commercial growth, with the firm highlighting the large number of new businesses that have sprung up in the area since 2007

Dean Thomas, managing director of DLT property, a developer operating in north-east Brazil, recently said the country is an attractive market for real estate investors.

He cited "strong economic growth, a rapidly increasing middle class [and] increased consumer spending" as some of the reasons why people are considering investing in Brazilian property.

Property rights in Brazil improve

Wed, 4 Apr 2012 00:00:00 GMT

Brazil has made gains with its property rights for the fourth consecutive year.

According to the Property Rights Alliance International Property Rights Index (IPRI), the nation saw its total score increase by 0.1 points compared to 2011.

Every metric in the physical property rights category either improved or remained the same, which may add to the appeal of Brazilian real estate for investors.

Overall, the country is ranked eighth in the South American region and 62nd globally.

Last month, Samantha Gore, sales manager at UV10, stated she does not believe the Brazilian real estate market will experience a crash, despite the significant price increases recorded for residential property in the nation.

She explained that, unlike in Europe, many of the homes in Brazil are being purchased by domestic owner-occupiers rather than investors. Ms Gore commented: "Instead of crashing, the consensus is that values will take a more modest path of growth."

Brazilian property market 'won't crash'

Mon, 19 Mar 2012 00:00:00 GMT

A property market crash on the same scale witnessed in European destinations like Spain, Portugal and Ireland is unlikely to occur in Brazil.

This is the assertion of Samantha Gore, sales manager for UV10, who commented: "Undoubtedly there have been some significant double-digit percentage price hikes in Brazilian property over recent years but, instead of crashing, the consensus is that values will take a more modest path of growth."

She cited a Reuters poll of real estate and finance professionals published late last year, in which over half of the respondents anticipated price rises of between five and ten per cent for properties in Brazil in 2012.

Ms Gore pointed out one of the main factors that sets the South American nation apart from other real estate markets is that many sales are completed by domestic buyers who want a home, not by investors.

Earlier this week, managing director of DLT Property Dean Thomas highlighted Natal in the north-east of the country as a hotspot for real estate investment due to its tourist appeal and growing economy.

Natal 'a top Brazilian location for property investment'

Thu, 15 Mar 2012 00:00:00 GMT

Investors seeking real estate assets in Brazil would be wise to consider some of the developments in the north-eastern coastal city of Natal.

This is the opinion of Dean Thomas, managing director of developers DLT Property, who explained the settlement is popular among domestic and international tourists who flock to the region for its excellent weather and stunning coastline.

"For investors seeking stability and progressive growth coupled with endless access to scenic beauty and dazzling beaches, Natal is the ideal destination," he asserted.

Mr Thomas added the economy in and around the city is growing, while the second homes market in the area is also improving.

According to research published earlier this month by Knight Frank, Natal isn't the only Brazilian real estate sector on the up. The firm revealed residential property values in the nation climbed by 26 per cent over the course of 2011, putting it at the top of its Global House Price Index for the final quarter of last year.

Brazilian commercial real estate 'demonstrating resilience'

Wed, 1 Feb 2012 00:00:00 GMT

Brazil's commercial property sector is one of the few in the world to record positive sentiment towards rental expectations and capital value growth during the first quarter of 2012.

According to the Royal Institution of Chartered Surveyors (Rics) Global Commercial Property Survey for the final three months of 2011, Brazil's real estate market has shown resilience in the face of a largely negative picture elsewhere in the world.

Respondents in the country are predicting a rise in rental values, as well as capital growth, in the period from January to March this year. Canada is the only nation where sentiment is more positive in these two respects.

Property professionals in Brazil also anticipate demand from occupiers will continue to outpace the supply of available premises over the next few months.

Writing for Global Property Guide earlier this month, developer Ruban Selvanayagam stated there are "massive" opportunities for investors in Brazilian real estate, although he urged potential buyers to approach the market with caution and to carry out extensive research to ensure the property they purchase will meet their expectations.

Coastal property in north-east Brazil 'popular'

Fri, 20 Jan 2012 00:00:00 GMT

Property located in one of north-east Brazil's beachside destinations is proving to be desirable among real estate investors.

This is the assertion of sales manager for uv10 Samantha Gore, who pointed out that Ponta Negra, a district in the city of Natal, is a sought-after location.

She highlighted its growing popularity among travellers, noting a visit to the beach here was recently placed at the top of a list of things to do in north-east Brazil by travel guide Lonely Planet.

Ms Gore described the area as having "the perfect package of white sand, reliable surf, stunning dunes and a lively, youthful nightlife".

"Real estate around this area is very popular and, if close to the beach, often comes at a high price," she added.

With the nation due to host both the football World Cup and the Olympic Games within the next four years, buying a Brazilian property may appeal to a wider demographic of investors.

Investors in Brazilian property 'must be cautious'

Wed, 11 Jan 2012 00:00:00 GMT

While there are still significant opportunities for real estate investment in Brazil, it is important to exercise caution before entering the market.

This is the opinion of Ruban Selvanayagam, who wrote in Global Property Guide that there are signs some areas of the Brazilian property sector are not faring as well as others.

He highlighted the performance of certain developers in the nation, pointing out that the rapid growth in the industry has priced many local buyers out of the market.

Mr Selvanayagam remained optimistic about the future of Brazilian real estate , though.

"After many years of low activity, the growth potential of the country's property market is still at its infant stages, particularly considering the very low supply of adequate housing," he stated.

Furthermore, he pointed out gross housing credit currently accounts for five per cent of the nation's gross domestic product (GDP), whereas in the US, this stands at 68 per cent of GDP.

A recent survey published by the Association of Foreign Investors in Real Estate revealed that Brazil is now considered the second best country in the world for capital appreciation, with only the US thought to be better.

Report: interest in Brazilian real estate rising

Thu, 5 Jan 2012 00:00:00 GMT

Brazilian real estate is becoming a major area of interest for investors, according to a new study.

A survey of members of the Association of Foreign Investors in Real Estate (AFIRE) showed that while the US remains the most popular country overall, Brazil is closing in on the nation in several categories.

When asked about the top global cities for investment in 2012, AFIRE's members voted Sao Paulo into fourth place - compared with its number 26 ranking last year. Similarly, Brazil came second in the list of the top nations for capital appreciation, up from fourth in 2011.

The country also kept its first place ranking in the emerging markets category ahead of China, Turkey and Vietnam.

"Cross-border investors still regard North America and Europe as being the most stable and secure markets. But with foreign investors having a diminished confidence in the recovery, interest is broadening and emerging markets are attracting more notice," explained Barbara Knoflach, chairwoman of AFIRE.

The report comes after a recent Reuters poll of business associations, banks and research organisations suggested house prices in Brazil could rise by five to ten per cent in 2012.

Rio Grande do Norte 'presents opportunities for property investors'

Mon, 24 Oct 2011 00:00:00 GMT

The Brazilian state of Rio Grande do Norte has a lot to offer real estate investors, it has been claimed.

Sales manager for uv10 Samantha Gore noted that the small village of Gostoso, situated on the coast, is a particular target for developers and investors alike.

This is because it is a hotspot for tourists who come for the kite surfing, while the wind conditions in the region make it ideal for energy-generating turbines and as a result, many workers have moved to the area to help construct numerous wind farms.

Ms Gore commented: "This leaves Gostoso with the enviable problem of demand outweighing supply, with Brazilian and foreign tourists battling the wind farm workers over a limited pool of rental accommodation."

Meanwhile, figures published recently by the country's ministry of tourism revealed that the number of arrivals in the country rose by during the first six months of this year, with 4.4 million people touching down in the nation.

As Brazil is due to host two major sporting events in the next five years, the tourism industry is likely to receive a further boost, which may filter out into property markets.

"Attractive opportunities" in Brazilian property sector

Thu, 8 Sep 2011 00:00:00 GMT

Investors will find "attractive opportunities" in the Brazilian real estate sector for gains in both the long and short term, it has been claimed.

Writing for National Real Estate Investor, managing director, generalist portfolio manager and head of investment strategy at Clarion Partners in New York David Lynn explained that there are "positive fundamentals" that will support the performance of the property industry in Brazil over the months and years to come.

He pointed to major sporting events, such as the 2014 football World Cup and the Olympic Games in 2016, noting that they are likely to result in an increase of investor interest in the nation.

Mr Lynn explained that the country's property sector has "gained speed" during the first half of this year, with transactions 79 per cent higher than in the same period in 2010.

Obelisk International recently revealed that $32.5 billion (£20.33 billion) flowed into Brazil in the form of foreign investment in the first six months of 2011.

Brazilian property price index 'will be invaluable'

Thu, 25 Aug 2011 00:00:00 GMT

One real estate expert has described the forthcoming introduction of an official property price index in Brazil as "an invaluable aid".

Chief executive officer (CEO) of Obelisk International Gary Hardacre stated that investment companies in particular will find the data useful when making decisions about where to place their money.

Earlier this year, the Brazilian government announced plans to introduce the Brazil Property Price Index by the end of 2011.

Initially, the index will provide information about real estate values in Brazil's major towns and cities, with the scope of the study set to expand over time.

Mark Sharp, CEO of the Association of International Property Professionals, explained that real estate prices in Brazil are expected to rise significantly over the coming five years, in part due to the international sporting events being hosted by the nation.

He pointed out that there has been much investment in improving the country's infrastructure ahead of the 2016 Olympic Games and the 2014 football World Cup, which has made it a more appealing location for investors.

Rio de Janeiro offers "good" options for property investment

Tue, 9 Aug 2011 00:00:00 GMT

Rio de Janeiro has been tipped as one hotspot for property investment in Brazil by a real estate expert.

Mark Sharp, chief executive officer of the Association of International Property Professionals, explained that the Brazilian market as a whole offers opportunities for investors, but that Rio de Janeiro stands out.

He pointed to the beach side part of the city, which is popular with tourists, adding that the country's government has made a concerted effort to attract more visitors to the nation.

Mr Sharp also revealed that the property sector in Rio de Janeiro "looks set to see steady growth".

Prospects for a good return on investment could be enhanced by the two international sporting events that Brazil is due to host in the coming years.

In 2014, the nation will welcome football fans for the World Cup and in 2016, it will be under the spotlight again for the Olympic Games.

Investment opportunities in Brazil highlighted

Tue, 26 Jul 2011 00:00:00 GMT

Investors looking for a real estate market brimming with opportunities may want to turn their attention to Brazil, one firm has suggested.

According to Obelisk International, the Brazilian property market is performing well and looks set to continue its expansion.

The firm cited comments from Gary Garrabrant, chief executive officer of Equity International, who told the Bloomberg Link Brazil Conference that there are "growth opportunities driven by fundamental demand in Brazilian real estate sectors".

Earlier this month, Obelisk International released data suggesting that investors are looking outside of the three major cities - Rio de Janeiro, Sao Paulo and Minas Gerais - to other parts of the country.

The north-eastern regions are proving particularly popular, the firm noted, because the economy in the main urban hubs here has grown three times faster than it has in Sao Paulo.

In addition, an increasing number of Brazilians are entering the property market as the nation's prosperity filters down to its residents, the organisation added.

Sao Paulo real estate 'boosted by global growth'

Wed, 6 Jul 2011 00:00:00 GMT

The property market in Brazil - and particularly in Sao Paulo - has been named as one of the regions that will perform well in future.

According to Simon Kinnie, senior investment analyst at Standard Life Investments, Sao Paulo is just one centre to have seen a positive effect on its real estate sector due to "improving global growth".

He explained that there are often "limited options" for those seeking new space in the city, especially in its office sector, which bodes well for the area's performance in the coming months.

Investors can expect returns to be "elevated" in the future if they put their money into real estate in the Brazilian city, Mr Kinnie added.

Last month, research organisation RNCOS released data that shows the Brazilian housing market has experienced "tremendous growth" over the past few years.

The report went on to claim that Brazil's real estate sector is set to become "the most profitable and dynamic industry in Latin America".

Brazilian property prices continue to increase

Tue, 24 May 2011 00:00:00 GMT

Demand for property in Brazil continues to increase at a rapid rate, with strong demand from international and domestic buyers pushing prices upwards.

The South American nation's healthy mortgage market, expanding economy, growing middle class and general shortage of quality homes mean that many investors view the country as a viable option.

This can be combined with the fact that Brazil has been selected to host both the 2014 football World Cup and 2016 Olympic Games.

Juan Sousa Silva, the director of Grupo Eco, a youth group in Santa Marta, Brazil, told the Financial Times: "A home near me cost about R$20,000 (£7,600) three years ago and now you couldn't get it for less than R$50,000."

Brazilian properties located along the beachfront in Rio are reportedly selling for a third more than levels of late last year, while residential values have almost doubled in the past three years in Sao Paulo.

Brazil is a 'hot market' at present

Wed, 30 Mar 2011 00:00:00 GMT

Interest in Brazilian property could be set to rise following the comments of one expert.

Nick Marr, chief executive officer at Homesgofast.com, has heaped praise on the South American market noting that it should be considered an "exciting prospect" by investors.

Mr Marr said that there are a number of "great exit opportunities" currently available in Brazil as a result of the amount of potential local and international buyers active in the market.

The expert also suggested that Turkey, the Canary Islands and Malaysia are also top property investment destinations at present.

"Prices [in Brazil] are still low compared to Europe and with all the exciting things happening to the country - from Obama's visit, oil finds, the World Cup and the Olympics – it's proving irresistible," Mr Marr added.

According to the latest Global House Price Index by Knight Frank, residential property values across South America climbed by 3.8 per cent in 2010, ahead of the global performance of 2.8 per cent.

Brazilian property market will enjoy 'unprecedented growth'

Sat, 19 Mar 2011 00:00:00 GMT

A growing number of real estate developers are turning to Brazil for the best returns and biggest opportunities, it has been suggested.

Indeed, this is the opinion of Research and Markets, which has now decided to add the country to its housing sector analysis to keep up with the unprecedented demand.

The firm explained that the Brazilian property market is poised for "tremendous growth in the coming few years" as a result of its growing population, more affluent citizens and increasing demand for homes.

"Anticipating the market potential, Brazil is witnessing massive investments in its housing sector, from both the private and the public sector," Research and Markets said. "These investments are particularly targeted at meeting unprecedented demand for affordable housing units in the country."

Earlier this year, the Sao Paulo University Real Estate Department suggested that demand for residential property in Brazil could be set to rise this year.

The organisation said that continued economic growth and government investment are likely to bolster the country's property market, while increased demand from the middle and lower classes will help to push prices up.

2011 to be a 'better' year for Brazilian property

Fri, 25 Feb 2011 00:00:00 GMT

Demand for residential property in Brazil could be set to rise this year, with a new report claiming that investors can expect 2011 to be an "even better year" for real estate than 2010.

Continued economic growth and government investment are likely to bolster the country's property market, while increased demand from the middle and lower classes will help to push prices up.

The report, published by the Sao Paulo University Real Estate Department, suggested that developers in Brazil should look to focus their investment on the government-backed Minha Casa Minha Vida programme.

However, the Real Estate Department points out that even with social housing, the old adage of ‘location, location, location’ is vitally important.

"Brazilian real estate prices are difficult to track as there are no property indices, but all market analysts have observed significant price hikes," the report added.

"These have been particularly strong in Brazil’s largest cities, although property prices in most parts of the country experienced an increase of at least ten per cent last year."

New index on the way for Brazilian property market

Thu, 24 Feb 2011 00:00:00 GMT

As a result of surging interest in the country from potential investors, the Central Bank and the Ministry of Finance have announced that they will be introducing a new Brazilian Property Price Index.

Brazil's new president Dilma Rousseff has said that he is keen to increase transparency within the real estate market by bringing in this new facility.

"The Property Index will be used to compare prices for different types of property in Brazil, both residential and commercial, over periods of time," a spokesperson for Obelisk International explained.

"Experts believe the Index will allow the Brazilian property market to be monitored and help avoid potential bubbles and crashes in the future."

Initially, the index will compare the values of properties in five capitals.

However, once the index is up and running, it will feature the prices of houses and apartments across Brazil.

Meanwhile, demand for property in Brazil could be set to increase following the results of a recent survey by the Worldwide Property Group, which revealed that the country is one of the most popular destinations to invest in.

Price growth slows in Brazil

Tue, 11 Jan 2011 00:00:00 GMT

Property investors looking to capitalise on a burgeoning economy and tourism market in Brazil may be interested by news that the real estate market in Sao Paulo is slowing.

Figures from local estate agents in the country suggest that prices in the sector may have already peaked in the South American region's largest city.

Indeed, according to the Regional Council of Realtors for the State of Sao Paulo, after a sharp escalation in prices in recent years, average home values fell by 3.53 per cent in October last year compared with the previous month.

The data also shows that there was a decrease of 25.6 per cent in the number of properties sold over the same period.

Despite this, many prospective overseas investors remain confident about Brazil's prospects with major sporting events combined with a strong banking system helping to drive sales.

"For the real estate and land investor, despite possible issues related to over supply, rising mortgage finance costs and ownership, industry professionals within the country remain positive that, for at least the next few years, the housing market will remain buoyant," Ruban Selvanayagam, of the Brazil Real Estate Investment and Land Guide, said.

Brazil set to become a property investors ‘paradise’

Thu, 14 Oct 2010 00:00:00 GMT

Brazil is set to become a major tourist destination and a property investors “paradise”, one industry specialist has suggested.

According to FDI Overseas Property, recent development in the country teamed with its strong economic growth has meant that it is now able to offer potential investors a healthy return.

To this end, the specialists added that the continued growth of the Brazilian property market, in the region of 20 per cent year-on-year, was sure to make the country an attractive proposition for international buyers.

“Brazil now offers the astute investor the perfect opportunity to enter at the early stages of the market, before prices start to reflect its growing status as one of the world’s most promising economies and tourist destinations,” FDI Overseas Property explained.

Added to this, the country is set to host both the 2014 football World Cup and the 2016 Olympic Games, both of which are likely to increase tourism to Brazil, as well as worldwide exposure as a holiday destination.

Brazil poised for property market boom

Tue, 5 Oct 2010 00:00:00 GMT

Individuals looking at real estate in Latin America will find that Brazil has a lot going for it as a potential investment destination, it has been claimed.

A number of industry experts have highlighted the country’s strong domestic growth and restrained banking sector as reasons for potential investment.

JPMorgan Brazil Investment Trust manager Sebastian Luparia told the AIC that Brazil had become the "poster child" for the continent's emerging economies.

Mr Luparia explained: "The combination of fiscal discipline and windfall commodity revenues over the last decade allowed Brazil to reduce external debt and build reserves. This gave it the policy flexibility to respond to the downturn."

Added to this, Brazil’s economy is expected to become the fifth largest in the world by the time that the country hosts the Olympic Games in 2016.

Last week, it was reported by Bloomberg BusinessWeek that the number of property bonds in the country has risen as a result of the growing investment opportunities available.

Brazilian property market 'has potential for growth'

Tue, 14 Sep 2010 00:00:00 GMT

The Brazilian property market has potential for real growth in the coming years, it has been claimed.

According to a report from Adam Consultancy, purchasing in the nation is on the up due to falling mortgage rates, which is good news for people hoping to buy property in Mato Grosso.

"Property prices have been rising in line with the increased activity of the highly appealing tourist market. The Brazilian government has placed the country’s economic growth at the forefront of its overhaul reforms," the report stated.

It went on to praise the variety of property available in the nation, saying there is something to suit all tastes and needs, whether it is a holiday home to rent out to tourists, a lifestyle property or a long-term investment.

"Brazil has created a short, medium and long term market which is attracting all levels and types of investors. The future of the market and the country's economy indicates massive potential for growth and expansion, enabling the earliest investors to gain exceptional benefits from the market," it continued.

Property Abroad recently stated that Brazil is one of the hottest emerging markets in the world.

Brazil 'offers potential for property investors'

Wed, 18 Aug 2010 00:00:00 GMT

People looking for property in Mato Grosso will be pleased to hear that one expert has said Brazil offers lots of potential to investors.

According to Les Calvert, director of Property Abroad, countries which are showing good economic growth are ripe for investment, Brazil among them.

"For investment purposes, it is a growing economy, prices are still reasonable and there is definitely a market there for Brazil," he stated.

Mr Calvert added that there is also a lot of investment potential in Europe, however, it can sometimes be difficult to "cherry pick" the right properties.

Mr Calvert's comments came after research from the Worldwide Property Group found that 80 per cent of people surveyed in the 45-54 age group are currently considering buying property abroad.

The research also found that confidence in property as an investment is currently strong, as it is thought to offer greater stability than other investment options such as stocks and shares.

Brazilian property 'an investment opportunity'

Mon, 2 Aug 2010 00:00:00 GMT

The number of people looking at Brazilian property as an investment opportunity rather than as a lifestyle choice is increasing, it has been claimed.

Samantha Gore, sales manager for a real estate specialist, reported that there has been strong growth in the number of "pure investors" looking at properties in this area.

She said: "They can envision the impact of the 2014 FIFA World Cup and the 2016 Rio Olympics, not to mention the burgeoning middle classes and the recent introduction of mortgages for Brazilians."

The sales manager highlighted the fact that investing in plots now presents the buyer with excellent value and return on investment is likely to be "sizeable".

One of the sites that she highlights is Sao Miguel de Gostoso, which is popular among the young "jet-set" and sportspeople, such as kitesurfing fans, and offers great beaches and perfect wind conditions.

Macauhub.com recently reported that property in Brazil will also benefit from the modernisation of the country's airports and ports, which are currently being improved.

World Cup and Olympics 'could create Brazilian property boost'

Thu, 29 Jul 2010 00:00:00 GMT

People looking to invest in Brazilian property should focus on those cities which are most closely connected to the major up-coming sporting events, an expert has claimed.

Danilo Canuto, executive director of the Association for Real Estate and Tourism Development (ADIT), told the Brazil Investment Guide that a total of 50 billion AUS (32 billion GBP) of projects have been planned for 12 key cities hosting events in the 2014 football World Cup and the 2016 Olympic Games.

Key locations for investment could be Belo Horizonte, Brasilia, Cuiaba, Curitiba, Fortaleza, Manaus, Natal, Porto Alegre, Recife, Rio de Janeiro, Salvador and Sao Paulo.

The emphasis being given to improving these locations' infrastructures is given as one of the major reasons why there is huge growth potential in these areas.

Earlier this month, Macauhub.com reported that the Brazilian government is concentrating on spending 6.2 billion reais (2.2 billion GBP) on modernising the country's ports and airport ahead of the World Cup and Olympics.

Property markets in Asia outperforming UK and the Eurozone

Wed, 28 Jul 2010 00:00:00 GMT

UK and Eurozone property markets are being outperformed by those in South America, Asia and Eastern Europe, according to a survey.

The Royal Institution of Chartered Surveyors' (Rics) Global Property Survey revealed that occupier demand is rising in the majority of countries across the globe.

However the main exception is the UK and Eurozone countries, Property-report.com reported.

Brazil is leading with the net balance of surveyors reporting a rise in occupier demand increasing from 70 per cent to 85 per cent. Markets in Peru and China have also been performing well.

"The real estate world continues to be split broadly speaking between the emerging and developed economies," Rics chief economist Simon Rubinsohn said.

"Strong growth in many of the former, including the likes of Brazil, Hong Kong and India, is continuing to boost demand for new space from occupiers as well as encouraging investment activity."

The Rics is the leading professional body for qualifications and standards in land, property and construction.

Property in Brazil will benefit from modernised airports and ports

Fri, 23 Jul 2010 00:00:00 GMT

Those considering investing in Brazilian property will benefit from improvements that are to be made to the South American country's ports and airports.

The modernisations will be made partly due to Brazil hosting the 2014 football World Cup and 2016 Olympic Games, Macauhub.com reported.

It is anticipated that the improvements will be made in time for the two sporting events.

The Brazilian government will spend 6.2 billion reais (£2.2 billion) on modernising ports and airports around the country.

Cruise ships will also be able to moor in the World Cup host cities, which will serve as temporary hotels for those who may be looking to invest in property in Brazil.

Recently Chinese investors have been looking to Brazil for farmland and water, according to Trueslant.com.

Investors urged to move quickly to capitalise on Brazilian property growth

Tue, 25 May 2010 00:00:00 GMT

Individuals looking to invest in real estate in Brazil should do so quickly, rather than wait for the economic situation in Europe to improve, it has been claimed.

This is the view of Samantha Gore, sales manager at property portal uv10, who believes that the country offers the stability and growth that investors are looking for.

According to the expert, the prospects for long-term investors in the country are good, with a strong economy, low levels of credit, improving infrastructure and the forthcoming 2014 Fifa World Cup and 2016 Olympic Games boosting its appeal.

"The British economy and the exchange rate may not improve over the coming months as foreign investors remain wary of the currency," Ms Gore warned.

"We can be sure of Brazil's immediate future being bright and property purchasers could miss out on excellent investment opportunities if they hesitate."

The news may have a positive effect on the number of people searching for property in Mato Grosso, with the region playing host to a number of football matches during the World Cup.

Brazil has been a favoured destination for UK investment

Wed, 12 May 2010 00:00:00 GMT

UK-based property investors have been focusing their efforts on purchasing real estate in Brazil over the past year, it has been reported.

According to Overseas Property Professional (OPP), buyers have spent more than £30 million on property in the South American destination over the course of the last year.

Investors have been looking to capitalise on the country's well-priced real estate and potential for future growth.

However, the news provider warned that there was a risk that Brazil could soon be competing with markets closer to home, with prices threatening to match their European counterparts.

The country's housing shortage, a growing middle class demand for holiday homes and the attention brought by the upcoming football World Cup and Olympic Games could lead to a significant rise in values.

However, Clive Hawkes, of Brazilian property company Bond International, explained that the reasons behind the price growth would ensure that demand remained strong.

"Brazil's very big market for internal tourism and growing local demand for property will help it compete as an investment destination," he told OPP.

"When we reach this equilibrium, Brazil will probably be so in people's minds that it will still be a favourite because of its tourism potential."

Furthermore, new research, conducted by STR Global, has found that Brazil is experiencing a resurgence in interest from British travellers, in comparison to last year.

Economic boost set to benefit Brazil

Fri, 7 May 2010 00:00:00 GMT

Property investors looking to the Brazilian market could generate significant returns on their real estate, an expert has claimed.

Economist Chris Gilchrist used the recent IRS Report to highlight the fact that Brazil holds considerable advantages over international markets.

The expert wrote that the South American destination is likely to benefit from its advanced democracy and legal system, as well as "vast" offshore oil deposits which could lead to a "production boom" in the next decade.

Mr Gilchrist drew attention to the forthcoming 2014 Fifa World Cup and 2016 Olympic Games as further reason to invest in the country, with substantial financial growth expected to be a by-product of the sporting events.

"The nation is set for a massive boost, both economically and psychologically. Some USD50 billion will be spent before the World Cup and at least a further USD15 billion on Rio before the Olympics," he noted.

Furthermore, news that a new airport is due to open in the country by 2012 is sure to bolster the destination's emerging tourism and property market.

Brazil sparks developer interest

Wed, 14 Apr 2010 00:00:00 GMT

Property markets in South America are set to receive a welcome boost as developer interest in the region grows, it has been revealed.

Among the countries likely to benefit from the newfound interest in their emerging markets are Brazil, Panama and Argentina.

According to a report by Property Wire, over 100 builders and developers are preparing to visit the regions to look at local real estate markets, with opportunities and joint ventures being sought.

Masood Naseeb, chief executive of developer Elysian International, claimed that massive appreciation on land values are predicted in the country.

"Brazil's stock market was up by 83 per cent last year alone which is a clear indicator of the strength of the economy and the resulting positive growth of the real estate market," he added.

"Investment opportunities in the region are highly in demand as investors and developers see the huge potential for profit."

Furthermore, the Brazilian property market is likely to benefit from the country's hosting of two major sporting events within the next six years.

The 2014 FIFA World Cup and 2016 Olympic Games are sure to boost tourism and push prices up in the country.

Brazil tourism set for boost

Sat, 10 Apr 2010 00:00:00 GMT

Brazilian property seekers will be pleased to hear that the country offers more to tourists than just the forthcoming sporting events, a travel expert has claimed.

The South American destination is expected to witness tourism growth over the next few years, topping nine million visitors by 2014.

In addition, it will be further boosted with the FIFA World Cup held in the same year and Olympic Games in 2016.

However, Chris Fuzinatto, director of Embratur UK, revealed that the country has more to offer than just the two sporting showcases.

"The large majority of tourists still visit Brazil for its paradise-like beaches and pleasant climates year-round," he explained.

"It is possible to visit dunes, swamps, caves, wild forests and trek in the jungle. With diversified flora and fauna, visitors have many options of activities like trekking, diving, boat trips or simple nature watching."

Furthermore, Mr Fuzinatto said that tourism in the country would be looking to expand in the future to more niche markets, targeting luxury holidaymakers and golf tours.

The news could be of interest to potential property owners in the emerging destination who are looking to rent out their homes to travellers.

Stability key to attracting investors to Brazil

Wed, 7 Apr 2010 00:00:00 GMT

Stability and a strong economy are two factors which could tempt investors to the Brazilian market, one property expert has claimed.

According to Terry Hobbs, of portal PropertyShowrooms.com, the South American destination offers great potential for investment this coming year.

In addition, the country is likely to benefit from a host of sporting events which are being staged within its boundaries.

The 2014 Fifa World Cup and 2016 Olympic Games are sure to draw yet more attention to the emerging destination.

Mr Hobbs noted that, for him, stability was a key attribute when looking for countries to invest in an as such Brazil is ideal.

"Brazil is a personal favourite of mine, if you are buying in the right place," he commented.

"I certainly think there are some places such as Rio and Sao Paulo where, if you are looking in the right places and you are getting the right deal, then you could have a very good investment."

Furthermore, investment portal Property Frontiers has also tipped Brazil to be a popular destination for overseas buyers during 2010.

Northern Brazil popular with investors

Thu, 4 Mar 2010 00:00:00 GMT

North-eastern Brazil has massive growth potential for individuals looking to invest in the country, it has been claimed.

According to an article on Overseas Property Professional (OPP), an increasing number of agents are focusing their efforts on property in the north-eastern region.

The property information website cites the area's popularity with tourists and a growing middle class as reasons for its popularity.

Samantha Gore, sales and marketing manager for property agent UV10, explained to OPP: "Although the area has traditionally been poorer, a disproportionate number of people are moving from low to middle-income groups.

"It's got very high growth potential and there's more space to develop in somewhere like Natal than in Rio."

Furthermore, the Getulio Vargas Foundation has reported that the country's middle class has grown to 49 per cent of the total population, a figure which is sure to interest potential property investors looking to rent high-quality property.

Brazil has been chosen to host the 2014 football World Cup and the 2016 Olympic Games.

Timing crucial for Brazilian property investment

Tue, 23 Feb 2010 00:00:00 GMT

Timing is crucial for individuals looking to invest in the Brazilian property market, it has been claimed.

Property investment company Obelisk has recommended potential buyers add to their housing portfolios at the beginning of the country's property boom to avoid paying high prices.

A strong economy, huge supply of natural resources and growing middle class citizenship are cited as reasons that Brazil is now one of the most exciting emerging markets, with the 2014 World Cup and 2016 Olympic Games acting as further testament to its potential.

The director of the Brazilian Tourist Office in the UK and Ireland, Glauco Chris Fuzinatto, told Halifax International that now is the time to invest in the South American country.

He said: "People who want to invest in Brazil are going to have to invest quite quickly because there has been a huge investment in the infrastructure so the housing prices are starting to get high."

One of the most popular locations for buyers could be Rio after it became the first South American city to be chosen to host the Olympic Games.

Investors told to act quickly in Brazilian property market

Thu, 11 Feb 2010 00:00:00 GMT

Property investors looking to buy real estate in Brazil should do so as soon as possible, according to one expert.

Glauco Chris Fuzinatto, director for UK and Ireland for the Brazilian Tourist Office, has said that the country's growing economy, combined with massive investment in infrastructure, is causing house prices to rise.

He continued: "The economy in Brazil is the strongest it has ever been and it is quite stable. That makes even the Europeans and foreign investors invest more into Brazil."

Mr Fuzinatto stated that the most popular areas for investment tended to be in the north-east, where individuals can take advantage of better airport links.

He cited the forthcoming 2014 football World Cup and the 2016 Olympic Games as reasons the country is seeing a rise in interest from potential property buyers.

In November last year, Homesgofast.com told researchers that Brazil would be the number one destination for foreign investment in 2010.

Brazil tourist tip could spell good news for investors

Mon, 21 Dec 2009 00:00:00 GMT

Property investors in Brazil could gain from a surge in visitor numbers if predictions of a major pick-up in the sector are correct.

Speaking about the country, travel editor at Lonely Planet Tom Hall said the South American nation is "extremely well set up to mount a quick recovery when it comes to tourism".

He stated that the obvious attraction is Rio de Janeiro, but noted that there are also a number of other places that are popular, including Sao Paolo, whose "reputation as a cultural hot spot is growing seemingly by the month".

Mr Hall also noted that tourism is growing in the north-east and places such as Iguassu Falls, on the border with Argentina.

Those keen to invest in buy-to-let property overseas may consider such parts of Brazil as an option.

Earlier this week, Shelter Offshore said expats would find Brazil a good place to buy property as it is "a nation with everything going for it".

Brazil 'great for expats'

Thu, 17 Dec 2009 00:00:00 GMT

Expats looking for a good country to live in may find Brazil the ideal location, it has been stated.

Shelter Offshore said: "Brazil is a perfect example of a nation with everything going for it for expatriates seeking the maximum in terms of opportunity."

The magazine suggested that growth in tourism is helping to drive the economic development of the country by prompting the expansion of infrastructure and facilities, which in turn makes the lifestyle more attractive.

According to the publication, the expat base in Brazil is growing, which will mean that making friends is less likely to be a difficult thing to do.

It also noted that the country is growing strongly, citing heavy investment by Ford and Volkswagen as an example of this.

Head of research at Property Frontiers Christopher Chadd recently described Brazil as a country "that can do no wrong" just now.

He said buyers can benefit from factors such as economic growth, housing shortages and the emergence of a large middle class.

Sport and economy 'boosting Brazilian property'

Sat, 5 Dec 2009 00:00:00 GMT

Brazil's economic growth and the two major sporting events it is hosting in the coming decade have been major factors in the rise in interest in buying property there, it has been stated.

Sales and business development manager at overseas property specialist the International Homes Network Toby Simcox said: "If there is a hotspot at the moment, then Brazil certainly is the hotspot."

Commenting that he expects to see an "influx of enquiries" about the country, he commented that the staging of the 2014 football World Cup and the 2016 Rio de Janeiro Olympics are chief reasons for this trend.

Mr Simcox also noted that the country has "fared better than other major economies in the global economic downturn" and suggested this is a key attraction for investors.

Rio may be a particularly popular location for investment after winning the right to host the 2016 Games, becoming the first South American city to do so.

It triumphed in the final round of voting against Madrid by 66 votes to 32.

Brazil 'well-placed for growth'

Tue, 17 Nov 2009 00:00:00 GMT

Brazil is a country well-placed for continued economic growth, it has been claimed.

In an article on the country's success, the Economist argued that it has a number of advantages over the rest of the BRIC (Brazil, Russia, India and China) group.

These were listed as being a democracy (unlike China), not having hostile neighbours or internal social strife in the way India does, plus having a wider range of exports than Russia.

In addition to this, it has the chance to gain more international attention due to hosting the football World Cup in 2014 and the Olympics in 2016.

By 2024, the country could be the fifth-largest economy in the world according to the predictions of analysts, the magazine noted.

Such a situation could make Brazil a profitable one in which to make long-term investments in property.

Those who do want to buy there could find it easier to do so soon, it was revealed earlier this month.

Investor magazine BuyAssociation noted that the government and banks in the country are in talks about how overseas citizens can be offered easier access to mortgages, with legislation expected next year.

Brazilian economy 'in good shape'

Thu, 29 Oct 2009 00:00:00 GMT

The Brazilian economy is set to do well in the future as it has not suffered badly in the credit crunch, a government official has said.

Speaking at the Why Brazil; Why Now event in London, co-ordinator of inward investment at the Ministry of Tourism Laercio Souza noted that only 1.2 per cent of gross domestic product had been spent on a stimulus package.

He also noted that the middle class is growing rapidly and the levels of personal indebtedness are low, with banks being well resourced.

Such factors may influence those keen on buying overseas and looking for economies with strong emerging prospects.

Mr Souza said that popular locations for second home buyers in the domestic market include Santa Cantarina or Florianopolis, something overseas buyers may want to consider.

Those keen on investing in the tourist rental sector may be encouraged by news from the Brazilian Tourist Board that overseas visitor numbers increased by 0.5 per cent on a year-on-year basis in 2008, with the British contribution rising from 177,000 to 181,000.

Brazilian state's appeal highlighted

Thu, 29 Oct 2009 00:00:00 GMT

The qualities of the Brazilian state of Rio Grande do Norte have been described by its economic development secretary.

Speaking at the Why Brazil? Why Now?: tourism event at the Brazilian embassy in London, Francisco Cipriano de Paulo Segundo said it had plenty to offer.

He remarked: "We have a lot of good wonderful beaches, 410 km of beach with warm water and we are very close to Europe. The Natal district is closer to Europe than all of Brazil."

Such features may help attract both European visitors and those keen on buying tourist-related property in Brazil.

The country as a whole has seen an increase in interest in property in recent weeks, after Rio de Janeiro was awarded host status for the 2016 Olympics, it has been noted.

Currency exchange firm Moneycorp said last week it was setting up a special exchange service to change sterling to reals in order to deal with the increased demand for such transactions.

Brazilian property 'in British interest surge'

Fri, 23 Oct 2009 00:00:00 GMT

Britons have shown a sudden surge in interest in buying Brazilian property after the awarding of the 2016 Olympics to Rio de Janeiro, a currency exchange firm has said.

Moneycorp told Homes Overseas that it has now launched a service converting sterling to Brazilian reals in response to a rise in interest, which it notes has also been boosted by the country hosting the 2014 football World Cup.

The firm said that in August there was a 57 per cent jump in enquiries about the country in August alone - a situation arising before the Olympic decision.

Commenting on the development, Moneycorp's Brazilian Real account manager Deane Rowe said: "We are delighted to launch the Brazilian Real Service to help our clients get the best deal possible when looking to invest in Brazil."

Sales and marketing director of Brazil real estate firm uv10.com Samantha Gore recently suggested that the staging of the Olympics in Rio will have a "ripple effect" that will boost prices across the country.

Affordability 'to be key feature of Brazilian property'

Tue, 13 Oct 2009 00:00:00 GMT

The Brazilian property market will chiefly be characterised by high levels of affordability in the next few years, a report has predicted.

Real estate research firm RNCOS stated that the largest area of growth in the sector will be in the affordable housing market.

Its Brazil Housing Sector Analysis stated that this will be driven by factors such as the growth of Brazil's middle class, the ample availability of finance and strong government support.

Such factors could encourage those looking for property bargains in the country.

At the same time, Brazilian property has been tipped to see good value growth in the coming years as the country gets ready to host two major sporting events.

With the 2014 World Cup and the 2016 Olympics in Rio de Janeiro, property expert company UV10.com has tipped the country to see both extra property and economic growth.

Sales and marketing director Samantha Gore stated that buying a property in the country will be a "sensible and lucrative" move.

Sporting events 'to bring economic boost'

Fri, 9 Oct 2009 00:00:00 GMT

Brazil will see a direct and notable boost to its economy as a result of hosting two major sporting events in the next decade, it has been predicted.

The Irish Times noted that a business school in Sao Paulo has predicted that the 2014 Wold Cup and the 2016 Olympics will each add one per cent to the country's gross domestic product.

It also noted that Rio de Janeiro will be enjoying major infrastructure improvements, including new transport links between the four areas of the city that will host events.

Such developments may encourage those keen on investing in property in Brazil, as the market could be boosted by such economic growth.

Earlier this week, sales and marketing director at estate agency uv10.com Samantha Gore said the two events will have a very positive impact on the property market in the country.

She remarked: "It can only be a sensible and lucrative decision to purchase property in Brazil."

Olympic host Brazil tipped as property hotspot

Thu, 8 Oct 2009 00:00:00 GMT

Brazil's property market is sure to be boosted by the award of the 2016 Olympics to Rio de Janiero, an expert has argued.

Sales and marketing director of Brazil real estate firm uv10.com Samantha Gore said the decision was a sign that the country is making great progress in improving its economy, infrastructure and civil society.

These developments will have reassured the International Olympic Committee and will also help bolster the property sector, the expert suggested.

Rio itself will benefit from some of the development, but there will also be a "ripple effect" that will see other areas benefit, Ms Gore commented.

She pointed to the Rio Grande du Norte region as one of these, with a new airport soon to be opened there.

The combined benefits of hosting both the 2014 World Cup and the 2016 Olympics means "it can only be a sensible and lucrative decision to purchase property in Brazil", Ms Gore concluded.

Rio beat off competition from Madrid, Tokyo and Chicago to clinch the games, with the latter city failing despite the personal support of long-time city resident Barack Obama.

Brazil tipped as success

Sat, 22 Aug 2009 00:00:00 GMT

Brazil has been tipped to see strong economic growth in the years ahead, something that may encourage those keen to invest in property there.

Writing for the On Target newsletter on investment, expert Martin Spring noted that the country has a range of advantages over others economically, Moneyweek reports.

He said this included a forecast by the Organisation for Economic Co-operation and Development that its economy will only contract by one per cent this year and will grow by four per cent in 2010.

Among the other factors cited by Mr Spring were the low levels of public debt and the fact that "Brazil has avoided major blows such as the collapsing banking and property bubbles in the US and Britain".

Mr Spring's comment about property in particular may encourage those considering the country as a property investment destination.

Among British buyers of homes in Brazil are triple Olympic gold medallist Sir Chris Hoy.

He said the residence was "ideal" for his purposes and he would use it as a training base and for holidays.