Real Estate & Economic News in Brazil from Propertyshowrooms.com

Brazil sees significant house price growth

Fri, 9 Mar 2012 00:00:00 GMT

The value of homes in Brazil climbed significantly over the course of 2011.

According to the Knight Frank Global House Price Index, the cost of buying a residential property in Brazil increased by 26.3 per cent between the final quarter of 2010 and the same period a year later.

The country also recorded a 4.2 per cent quarterly rise in the final three months of 2011, putting it well ahead of the other 51 nations surveyed.

At the bottom of the table is Ireland, which has experienced a 17 per cent decline in the price of homes year-on-year, making the difference between the best and worst-performing destinations 43 per cent.

Knight Frank suggested Brazil's real estate market is doing so well thanks to "strong population growth, rising household wealth and an expanding mortgage market".

Last month, Global Property Guide published data which also highlighted Brazil as one of the world's top-performing property sectors.

In its survey, the country came second to India, which experienced a nominal annual rise in real estate values of 35.77 per cent in the final quarter of 2011, compared to Brazil's 27.82 per cent jump. These figures focused on Delhi and Sao Paulo respectively.

Brazil raises interest rates for fourth consecutive month

Tue, 14 Jun 2011 00:00:00 GMT

For the fourth consecutive month, the Brazilian Central Bank has decided to raise interest rates in the country.

The news means that interest rates in the Latin American country now stand at 12.2 per cent, in order to combat the fact that inflation has rose to 6.55 per cent, Citywire.co.uk reports.

High interest rates are likely to be welcomed by those looking to buy property in Brazil, with many developed countries still only offering base rates of under one per cent.

David Rees, emerging markets economist at Capital Economics, told the news provider that high interest rates are the cause of rapid capital inflows – from foreign investors – and upward pressure on the exchange rate, creating an unbalanced economy.

"But on the other hand, under pressure from the market, the BCB's new governor, Alexander Tombini, is keen to assure investors that the bank has not gone soft on inflation," he added.

BBC report paints positive future for Brazil

Wed, 9 Mar 2011 00:00:00 GMT

Demand for property in Brazil could be set to rise following the results of a recent survey.

According to a poll by the BBC World Service, the number of people who view Brazil as having a positive influence in the world has risen from 40 per cent last year, to 49 per cent this year.

The BBC has said that this is the largest increase in popularity by any of the 16 nations that are polled.

Overall, the ratings for 13 of the nations increased from last year, with the UK being ranked as the second most popular country worldwide.

South Africa, host of the 2010 World Cup, also posted a significant rise compared to last year.

GlobeScan chairman Doug Miller said: "The growing credibility of middle powers is the story this year, especially Brazil and South Africa."

"The jump in positive views of Brazil follows the successful democratic transition from president [Luiz Inacio] Lula da Silva to Dilma Rousseff, Brazil's first female president."

Brazil will be the ‘best investment destination’ of 2011

Wed, 5 Jan 2011 00:00:00 GMT

Brazil has been named as the number one destination for buyers to purchase property in during 2011 by a leading investment advisor company.

Overseas consultancy Colordarcy has tipped the South American destination to be a favourite among investors thanks to its “excellent governance” and “rapidly growing economy”.

In addition, the organisation noted that the forthcoming World Cup in 2014, Olympic Games in 2016 and the recent discovery of oil in Brazil also boosted its prospects for the year.

Colodarcy added that the final decision was a “toss up” between Brazil and Turkey.

"Both now have stable and rapidly growing economies and both are seeing growing affluence in the population which will cause demand for housing to outstrip supply by a large and increasing amount," company director Loxley McKenzie said.

The third choice investment destination was the USA, while Egypt was named the fourth hottest investment destination for 2011 thanks to the abundance of cheap property that can be found in either destination.

Brazil helping to lead global recovery

Mon, 15 Nov 2010 00:00:00 GMT

The global property recovery is being led by emerging markets around the globe, research from the Royal Institution of Chartered Surveyors (Rics) has claimed.

According to the body, there has been a two-tier recovery, with emerging markets located in Latin America dominating the market along with Asian destinations.

In particular, Rics highlighted the Brazilian real estate market as one of the best performing in the region.

"Many of the emerging markets that were relatively unscathed by the financial crisis are experiencing faster growth than developed economies such as the UK, eurozone and the US," Rics said in a statement.

The news is sure to be of interest to those looking to buy property in Brazil, with the country offering good long-term investment prospects.

In addition to its strong economy, Brazil is set to benefit from an increase in tourism in the coming years, which should help to bolster the buy-to-let sector.

Hosting the 2014 football World Cup and 2016 Olympic Games will thrust the country into the global spotlight and lead to upgrades to its infrastructure and transport links.

Strategy ‘must be right’ for buyers in Brazil

Fri, 22 Oct 2010 00:00:00 GMT

Potential property buyers in Brazil are looking for long staged payments on any purchases, it has been claimed.

According to specialist agent uv10.com, the country offers a platform for “excellent growth”, but the strategy has to be right before investors will part with their money.

“Reasons vary according to individual circumstances but a feeling of enhanced security is a common theme, especially when the payments are pegged against milestones of the construction process,” said Samantha Gore, sales manager for the real estate company.

“This way they have the reassurance that the development will be built as planned."

Indeed, many of the larger investors who have bought property in Brazil have managed to spread their risk over a number of different projects.

Others are looking to sell-on prior to completion to release some cash without having committed all their funds, while some are happy to keep hold of their investment and bank on capital rises following the FIFA World Cup in 2014, Ms Gore explained.

Brazil 'ideal for property investors'

Sat, 18 Sep 2010 00:00:00 GMT

Brazil has been touted as an ideal nation to invest in, people interested in property in Mato Grosso will be pleased to hear.

According to UV10, the country's rapidly growing economy, maturing mortgage sector and quality new homes mean it is proving very attractive to investors worldwide. Speaking to A Place in the Sun magazine, UV10's sales manager Samantha Gore said that Brazil's booming property market does mark the start of an unsustainable real estate bubble.

"Brazil is not the US and neither is it Bulgaria, Spain or Dubai. Whilst US banks granted up to 130 per cent loan-to-value, in Brazil these rates are being curbed to a far more sensible average of 60 per cent. Meanwhile, whilst the booms of Bulgaria, Spain and Dubai were fuelled by, and dependent on, foreign speculators and holiday home hunters, the future of Brazil's property market is assured by its own population, she added.

A recent report by the Adam Consultancy highlighted that there is real potential for growth in the Brazilian property market in the coming years.

Brazil 'one of the hottest emerging markets in the world'

Fri, 27 Aug 2010 00:00:00 GMT

Brazil has been dubbed "one of the hottest emerging markets in the world"; anyone looking to buy property in Mato Grosso will be pleased to hear.

Brazil experienced one of the shortest recessions in the world and was one of the countries to recover from the global economic downturn fastest.

"We all used to say that Brazil would avoid the recession, and the fact that it didn't was a shock at first. But when just a couple of months later the recovery began and has since strengthened, Brazil has come out in a stronger position," Property Abroad stated.

It added that the nation's middle class population is growing rapidly and there is a shortage of affordable housing, meaning savvy investors are snapping up properties to fill this gap.

The firm continued to say that property in Brazil offers real investment potential as the country's prestige and reputation grows.

Danilo Canuto, executive director of the Association for Real Estate and Tourism Development (ADIT), recently told the Brazil Investment Guide that anyone looking to invest in Brazilian property should look at cities which are connected to the sporting events soon to be taking place in the nation, including the 2014 football World Cup and the 2016 Olympic Games.

Brazil offers opportunity for massive property growth

Tue, 18 May 2010 00:00:00 GMT

wwwww.ipinglobal.com/ may be interested to hear that certain areas of Brazil can offer impressive rates of return.

According to property company uv10, the Petropolis region in Natal presents investors with a great opportunity to reap significant rewards.

Samantha Gore, sales and marketing manager for the company, said that the area was one of the most upmarket and desirable spots in the country.

A burgeoning Brazilian middle class have been purchasing property throughout the region and helping the market to develop at a considerable pace.

"This is the ideal spot for a hands-free investment which cannot fail to deliver returns - either through guaranteed rental income or profitable resale upon completion in 2013, taking into account capital appreciation, the imminent arrival of Fifa World Cup and the opening of Natal's new international airport," she explained.

Overseas Property Professional has reported that UK-based investors have spent more than £30 million on property in Brazil over the course of the last year.

The news provider claims that investors have been taking advantage of the country's well-priced real estate and potential for future growth.

Further praise for the property market in Brazil

Fri, 26 Feb 2010 00:00:00 GMT

An increasing amount of property experts are tipping the Brazilian property market to be the best destination for overseas investment in 2010.

The latest portal to add its recommendation is Property Abroad, which has highlighted the top three reasons why investors should consider heading to the South American destination.

Firstly, prices in the country are on the rise, yet they are still among the lowest in the world and represent a real bargain in comparison to developed markets.

The portal also sights the massive economic growth which the country is predicted to experience in the next few years, citing the recent discovery of oil as a catalyst for further growth and rising affluence among its citizens.

Finally, the forthcoming 2010 football World Cup and 2016 Olympic Games are likely to boost tourism to the country, with rental yields and property prices expected to rise as a result.

Rio de Janeiro will become the first South American city to host an Olympic Games when it does so in six years time.

Brazil tipped for up to 200% property growth

Wed, 30 Sep 2009 00:00:00 GMT

The Brazilian property market could be set to see its value increase by between 100 per cent and 200 per cent over the next five to ten years, it has been suggested.

Such a prediction came from the Pioneer Land Group, which has just started a blog on the country as it looks to expands its operations in the country.

The firm said such a situation arises because Brazil has very promising economic prospects, having been tipped by investment brokers Goldman Sachs to be the strongest of the four major emerging economies in the Bric (Brazil, Russia India and China) group.

It forecasted that this would occur because strong economic growth would mean property values in the country "will almost certainly grow to similar levels as those found in the world's largest economies".

Earlier this month, founder of real estate firm Homes in Rio Gunter Flemig said the country will still see price rises of five per cent this year despite the recession, the New York Times reported.

House prices 'still rising in Brazil'

Sat, 19 Sep 2009 00:00:00 GMT

Brazil's housing market is sufficiently strong for prices to still be rising during the world recession, it has been stated.

In a feature on buying residential property in Brazil, founder of real estate firm Homes in Rio Gunter Flemig stated that 2009 should see annual prices increase by five per cent, the New York Times reports.

The paper also noted the comments of sales manager of overseas buyer advice firm UV10 Samantha Gore, who stated that government plans to build a million extra homes will boost values by strengthening the country's middle class.

Ms Gore also said that hosting the 2014 World Cup will also boost the property market in Brazil.

Such sentiments may encourage those thinking of investing in Brazilian property.

Last month, author of the On Target newsletter on investment Martin Spring tipped Brazil to be a success because of its greater economic resilience, Moneyweek reported.

He said this included a forecast by the Organisation for Economic Co-operation and Development that the country will only see a one per cent dip in its gross domestic product this year and four per cent growth in 2010.

Brazil 'has stable banking system'

Mon, 9 Mar 2009 00:00:00 GMT

Brazil's banks are strong, stable and could be one of the winners to emerge from the global financial crisis, it has been stated.

The manager of F&C Latin American Equity Fund Urban Larson has said that the situation concerning the second and third largest private banks in the country - who are currently merging - shows how healthy the country's banking system is.

Banco Itau and Unibanco are joining forces after regulators approved the deal and Mr Larson commented that the country's banking system is "solid and profitable", even though the country is not immune to global problems.

Such considerations may interest investors seeking to buy property in the country, as a strong banking system may be better able to provide finance.

Mr Larson remarked that Brazilian banks had learned "the hard way" the need to retain strong balance sheets due to past domestic economic problems and suggested they "could now emerge among the winners in the troubled global financial sector".

This week Brazil's finance minister Guido Mantega pledged that the government will maintain a "serious fiscal policy" to keep public finances stable as the economy weathers the downturn.

Brazil home to "thriving" economy

Tue, 10 Feb 2009 00:00:00 GMT

Improved stability in Brazil's economy is making it an ideal place for Britons to invest in and relocate to, it has been argued.

According to Romasa Storey, author of the book Live and Work in Brazil, the South American country has improved greatly since president Luiz Inacio Lula da Silva came back to power.

"The economy is thriving because people have the confidence to spend," she explained, news that may be welcomed by property investors who are thinking of making a purchase in the country.

And Ms Storey also noted that Brazil is one of the so-called Bric (Brazil, Russia, India and China) countries, which are "the economic leaders of the 21st century".

Paulo Wrobel of Brazil's London embassy recently stated that the current global financial crisis has had less of an adverse effect on the country than elsewhere in the world, describing Brazil's banking system as "quite sound".

Brazil slumps as industrial data weaken, rate meeting looms

Wed, 21 Jan 2009 00:00:00 GMT

LOS ANGELES (MarketWatch) -- Latin American equities dropped sharply Tuesday, hit by worries about the further deterioration in the U.S. financial sector and economic slowdown fears in Brazil...

Brazil affordable for holidaymakers

Thu, 15 Jan 2009 00:00:00 GMT

The favourable exchange rate is providing UK holidaymakers with yet another reason to visit Brazil this year, findings from Halifax indicate.

According to the bank, Brazil is currently one of the most affordable holiday destinations for Britons in terms of currency, as the value of the pound against the Brazilian real has risen by 15.3% over the last six months.

With the pound falling drastically against the euro recently, a growing number of British holidaymakers are looking to find better value for money in alternative destinations.

"The pound has risen in value against a number of currencies in the past six months, making it more affordable for Britons to holiday in some places in Europe as well as a number of destinations further afield," commented Martin Ellis, chief economist at Halifax.

Figures presented by the bank show that, while £1 would have bought only 3.15 real in June 2008, its value had risen to 3.63 by the end of the year.

Paul Collins of BuyAssociation said that Brazil's property market has been boosted by the fact that the country is "really coming into its own" as a holiday destination.

Visit our off-plan property Brazil page.

Brazilian economy growing in influence, says expert

Fri, 9 Jan 2009 00:00:00 GMT

An expert in economics has claimed that Brazil's influence as an emerging global economy is set to increase significantly over the next few years.

Writing in the Financial Times this week, Jim O'Neill of Goldman Sachs states that the Bric economies - Brazil, Russia, India and China - could account for 20% of global GDP by the end of the decade.

He notes that this figure is "dramatically higher" than initial estimates made for the performance of Bric when the term was first introduced in 2001.

According to Mr O'Neill, who is head of global economic research at Goldman Sachs, the Bric economies are well-equipped to survive the global recession and will continue to develop rapidly.

He adds: "The notion that the Brics can become collectively bigger than the G7 by 2035 is becoming more plausible."

The G7 consists of Canada, France, Germany, Italy, Japan, the UK and the US.

Visit our off-plan property Brazil page.

Brazil to unveil new economic plan next month

Thu, 1 Jan 2009 00:00:00 GMT

Brazilian president Luiz Inacio Lula da Silva has announced that new measures designed to strengthen the country's economy will be unveiled in January.

According to the Associated Press, Mr Silva said that Brazil remains "strong economically" but he still intends to take action in response to the global financial crisis.

Making the announcement in his weekly radio address, the prime minister did not give any specific details but said a new economic plan will be revealed by January 20th.

Mr Silva has predicted economic growth of 4% for Brazil in 2009, while the country's central bank has projected 3.2%.

Meanwhile, Brazil's net public sector debt is expected to show a reduction next year, Reuters reports.

The central bank has said that public sector debt will fall to 35.1% of GDP by the end of 2009.

Brazil's steady economy and developing property market have begun to attract high-profile investors such as British Olympic hero Chris Hoy, who recently purchased a coastal property in the country.

Visit our off-plan property Brazil page.

Brazil 'not experiencing a housing crisis'

Tue, 30 Dec 2008 00:00:00 GMT

The current economic downturn is having less of an affect on Brazil's economy than that of other countries, it has been claimed.

According to Paulo Wrobel of the country's London embassy, Brazil is coping better during the credit crunch when compared to the USA, the UK and Europe, as the banking system in the country is "quite sound".

Mr Wrobel noted that while the decrease in the supply of international credit and the fall in commodity prices have had a negative impact on the country's economy, there is currently no housing or financial crisis in Brazil.

Investors looking for an overseas location in which to purchase property may welcome the news, as it could mean homes in the country are less likely to drop in value than elsewhere in the world.

Brazil property expert Clive Hawkes recently stated that the country's economy will continue to grow despite the current downturn, adding that Brazil's young population is resulting in demand for 1.5 million homes each year.

Rising stocks offer encouragement in Brazil

Fri, 12 Dec 2008 00:00:00 GMT

Brazil's stock market made significant gains yesterday (December 10th) after it emerged that governments around the world are considering new measures to boost the global economy.

The Bovespa, Sao Paolo's main stock index, rose by 3.11% and has jumped by over 10% this week, Reuters reports.

With the US government closing in on a deal to rescue its stricken automaking industry, authorities in China also promised fresh measures to boost the struggling economy.

Commenting on developments in the US, investment adviser Luiz Roberto Monteiro said: "The [Bovespa] is rising on expectations surrounding this plan."

Meanwhile, the Brazilian currency real rose by 0.61% against the dollar and leading financial shares also posted substantial gains.

The developments are likely to boost investors in Brazil and people considering a property purchase in the country.

US tycoon Sam Zell recently described the South American nation as one of the best world markets for investment.

Visit our off-plan property Brazil page.

Brazilian economy reports strong growth in year to September

Wed, 10 Dec 2008 00:00:00 GMT

The Brazilian economy experienced growth of 6.3 per cent in the 12 months to September 2008, it has been revealed.

Recently released figures from the Brazilian government showed the country's economy was in rude health over the period, marking it out as an ideal location for overseas property investment.

The strong rate of GDP growth has been attributed to rapid augmentation in the agribusiness and construction sectors by the Instituto Brasileiro de Geografia e Estatistica, the Associated Press reports.

However, with the global economic crisis likely to have impinged on Brazilian expansion in October, November and into December, growth has been tipped to slow in the final quarter of the year.

Even so, economists believe the country's economic growth for the year could be over the five per cent mark, meaning it still represents an attractive property investment location.

The Instituto Brasileiro de Geografia e Estatistica - or the Brazilian Institute of Geography and Statistics - concerns itself with Brazil's statistical, geographic, cartographic, geodetic and environmental data.

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Tourists spending more in Brazil

Fri, 26 Sep 2008 00:00:00 GMT

The amount being spent by foreign leisure travellers in Brazil is on the increase, new figures have revealed.

According to the central bank, holidaymakers spent £268 million in the South American nation last month, reports Gazeta Mercantil.

This is 15.83% up on the amount recorded during the same period of the previous year.

Figures also showed that during the year to date, overall consumer spending is 18.42% up on the first 8 months of 2007.

Commenting on the figures, Jeanine Pires of tourism institute Embratur said they show that Brazil is successfully encouraging tourists to spend more time and money in the country.

She added that it demonstrates how its international promotion policy is generating positive results.

Earlier this week, Embratur announced that it would be launching a brand new overseas marketing strategy aimed at fuelling further growth in the tourism sector.

Visit our off-plan property Brazil page.

Brazil offers sustainable economy

Thu, 11 Sep 2008 00:00:00 GMT

The Brazilian government has dismissed concerns about high inflation and insisted that the economy is experiencing a sustainable rate of growth.

Finance minister Guido Mantega stated that the economy in the South American nation is expanding at a steady rate and attracting a lot of investment as a result, Xinhua reports.

He described Brazil as one of the most attractive and "dynamic" countries in which to invest, as it is seeing the creation of new jobs, revenues and "vigour".

This, he stated, "makes it unnecessary to worry so much about the inflation rate".

Mr Mantega added that the implementation of a new development model has helped to put Brazil on a "path of sustainable development".

Newsweek recently praised Brazil for its resilience in the face of a downturn in other major economies, as it is continuing to perform strongly.

The news provider said the country's economy is accelerating without overheating.

Visit our off-plan property Brazil page

Brazil economy expands 6.1% in second quarter

Thu, 11 Sep 2008 00:00:00 GMT

SAO PAULO, Brazil (AP) - Booming agribusiness and industry helped Brazil's economy grow by 6.1 percent in the second quarter of 2008, the government said Wednesday, exceeding analysts' expectations. Just hours later, the Central Bank hiked Brazil's benchmark interest rate...

Brazil and Argentina sign trade agreement

Tue, 9 Sep 2008 00:00:00 GMT

Future trade between Brazil and Argentina may not have to be done using the American dollar under new proposals.

In news which may interest people looking to invest in real estate in Brazil, the country's president Lula da Silva has met with the Argentine president Fernandez de Kirchner to ..........

Brazil's airports 'set for privatisation'

Tue, 9 Sep 2008 00:00:00 GMT

Two of Brazil's key airports are set to be privatised in the next 12 months under new government guidelines.

Nelson Jobin, the minister of defence, has announced that airports in Rio and Sao Paulo should be the first to be sold to private companies, which may affect people visiting the country ..........

Brazil property 'benefits from open market'

Tue, 19 Aug 2008 00:00:00 GMT

(There are no restrictions to pose as barriers to British investors buying property for sale in Brazil, it is being claimed.

A Place in the Sun Magazine revealed that unlike other emerging markets such as China and India, there are no restrictions preventing foreigners buying property in Brazil, which could give ..........

Brazilian tourism sector set to grow

Thu, 14 Aug 2008 00:00:00 GMT

Brazil's tourism sector has been tipped to experience further growth this year, according to industry analysts.

The Brazilian Travel Agency Association stated that it is expecting visitor numbers to rise by 10% in 2008, reports Brazzil Mag.

This, it said, is despite a slight drop in the number of "low-income" holidaymakers in recent months, a development it has attributed to recent exchange rate movements.

According to spokesperson Leonel Rossi, this drop is "not very high" and not impeding overall growth in the tourism sector.

However, he added that more needs to done to promote the South American nation in other countries.

"There needs to be greater advertisement for Brazil abroad," he commented.

This comes after Brazzil Mag cited official figures showing that during the first half of the year, the country attracted more than 3.2 million visitors.

Statistics indicated that this is 2.67% higher than the amount recorded between January and June 2007.

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Brazilian property could benefit from trade visit

Fri, 8 Aug 2008 00:00:00 GMT

Brazilian property investors could be noting with interest the anticipated arrival of a delegation of officials from Egypt next week.

Representatives from the African country are to meet with businessmen from a variety of different sectors of Brazilian industry with a view to strengthening relations.

A seminar is to be held on ..........

Business in Santa Catarina booms

Thu, 7 Aug 2008 00:00:00 GMT

Business is booming in the Santa Catarina region of Brazil, it has been revealed.

The sales of industry in the state increased by more than ten per cent over the course of the past 12 months, which helped boost the economy of the national as a whole.

The news could ..........

Vale posts record profits

Thu, 7 Aug 2008 00:00:00 GMT

Those considering property for sale in Brazil could be interested to hear one of the nation's mining companies has posted record profits, which hints at an economic buoyancy in the country, it has been reported.

Vale - the world's third biggest mining organisation - announced second-quarter net profits of $5.009 billion ..........

Brazilian house prices tipped to rise-070808

Thu, 7 Aug 2008 00:00:00 GMT

House prices in Brazil could be set to go up over the next few years, according to a British media outlet.

The Times stated that authorities in the South American country are planning to roll out a high-speed rail link between Rio de Janeiro and Sao Paulo.

As well as reducing journey times between the two cities to just one hour, the newspaper believes this could also have an effect on the nation's housing market.

This is likely to be a positive development for people who own property in Brazil, as it puts them in line to benefit from healthy capital gains.

Commenting on the likely impact of the move, the Times said: "Planned infrastructure improvements should give [house] prices a further push."

The publication added that the high-speed rail link should be ready before the World Cup comes to Brazil in 2014.

Although the country has only staged the World Cup once before, it is the most successful participant in the competition, as it has won the trophy an unprecedented 5 times.

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Europeans invest in Brazilian wind farms

Wed, 6 Aug 2008 00:00:00 GMT

Brazilian property could benefit from an increased interest from environmentally-friendly investors after two European renewable energy firms agreed to a joint wind energy project in the country.

Italy's biggest energy firm, Enel, and Germany's SoWiTec signed up to a project together which could produce up to 1,000 megawatts (mw), it has ..........

Lula hails his neighbour

Tue, 5 Aug 2008 00:00:00 GMT

Those considering buying property in Brazil could be interested to hear the presidents of the Latin American nation and its neighbour Argentina have ratified their strategic alliance, it has been reported.

Speaking on a visit to Argentina with 250 of his nation's leading business chiefs, president Luis Inacio Lula da Silva ..........

Brazil is booming as number of rich rises, says research

Tue, 5 Aug 2008 00:00:00 GMT

People looking at property for sale in Brazil may like to hear that new research has found the nation's economic growth has reduced poverty and increased the number of rich citizens, it has been reported.

New research released today (August 5th) by the Institute of Applied Economic Research (Ipea) found the ..........

More flights to Brazil

Tue, 5 Aug 2008 00:00:00 GMT

Brazilian property is set to be boosted by a further expansion of flights between Brazil and the United Arab Emirates, it has been reported.

A renegotiation forecasts 28 new passenger flights and 21 new freight flights could operate between the two nations every week doubling the original agreement of 14, according ..........

Brazil rental market receives boost

Tue, 5 Aug 2008 00:00:00 GMT

Owners of a rental property in Brazil could be in line to benefit from growing tourism in the South American nation.

Brazzil Mag has cited official figures showing that 3.2 million foreign leisure travellers visited Brazil during the first six months of 2008.

This represents an increase of almost three per cent on the same period of the previous year.

The figures will be welcome reading for people who have invested in Brazil's buy-to-let sector, as they suggest rental accommodation is now in higher demand.

As a result, property owners could find themselves collecting higher rental returns and enjoying lower vacancy rates.

Commenting on the findings, Jeanine Pires of tourism institute Embratur said: "It shows constant recovery in the number of arrivals on international flights, which is very good."

Meanwhile, the Associated Press has reported that authorities in Brazil are to spend more than £1 billion on improving the country's airports.

The investment is being carried out in order to ensure they can deal with the high volume of passengers during the 2014 World Cup.

Petrobras to focus efforts on Brazil

Mon, 4 Aug 2008 00:00:00 GMT

Brazilian oil producer Petrobras has said it intends to focus its operations in its home country following the discovery of the biggest oil deposit to be found in decades.

According to the Financial Times, company chief executive Jose Sergio Gabrielli said the company will reduce operations in some of the other ..........

Brazil's economy set to keep expanding

Mon, 4 Aug 2008 00:00:00 GMT

Brazil has been tipped to continue experiencing economic growth over the next few years.

According to the New York Times, places such as the US and Europe are currently on the verge of recession and experiencing a downturn in their housing markets.

By contrast, Brazil is performing strongly and is currently in the middle of its biggest expansion in decades.

The New York Times said many sectors of the economy are reaping the benefits of this growth, as are many of the country's population.

Commenting on the impact of this growth, it remarked: "It has given Brazil new swagger, providing it with greater leverage to push for a tougher bargain with the US and Europe in global trade talks."

According to Amberlamb, the country's population is currently growing in wealth as the Brazilian economy is continuing to expand.

This, it said, is leading to new demand for high-quality properties in various regions, which the organisation believes could create opportunities for foreign investors.

Brazil to be 'world economic player'

Fri, 1 Aug 2008 00:00:00 GMT

Economists are predicting Brazil is about to achieve its potential as a world player, having seen its biggest expansion in three decades.

The New York Times reports the country's inhabitants are creating new class structures, with the realm of the super rich hitting Brazil.

President Luiz Inacio Lula da Silva has helped...

Brazils economy continues to grow-010808

Fri, 1 Aug 2008 00:00:00 GMT

Global economic pressures do not appear to be inhibiting growth in Brazil, according to a media outlet.

Newsweek praised for the South American nation for its reliance in the face of a downturn in other major economies, as it is continuing to perform strongly.

The news provider said Brazil currently has a relatively low rate of inflation, especially when compared with other emerging markets.

This, it stated, means that its economy is accelerating without overheating.

In addition, the website said the country's wealth in natural resources is helping to support sectors such as its export industry.

Commenting on the state of the market, Newsweek remarked: "The spectre of global stagflation looms, but in Brazil, things couldn't be better."

The online portal added that Brazil is now a rare example of relative stability and prosperity.

Meanwhile, President Lula da Silver has said the country's economy is showing strength and sustainability.

Speaking in his weekly broadcast to the nation, he said Brazil's gross domestic product is likely to keep increasing.

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Tourism to boost Brazils investment prospects-010808

Fri, 1 Aug 2008 00:00:00 GMT

Growth in Brazil's tourist sector could make it a suitable market for foreign investors, according to experts.

Jones Lang LaSalle Hotels believes the South American country could offer a number of investment opportunities because annual visitor numbers are currently on the increase.

Indeed, the Brazilian government has predicted that the number of international tourists will nearly double in the next two years.

Kristina Paider, spokesperson for Jones Lang LaSalle Hotels, said this growth is being encouraged by the government, which is pouring millions of pounds into various infrastructure improvements.

She stated that upgrades to Brazil's road network and airport facilities would help make it a more attractive holiday destination.

Ms Paider added that the nation could also be a good investment market because its economy is continuing to perform well.

"Brazil has been insulated from the economic slowdown felt elsewhere in the world," he commented.

According to property analyst Amberlamb, Brazil's gross domestic product is expected to increase by 4.8% this year.

The website said this means that second home buyers who purchase a Brazilian residence could get healthy short-term returns.

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Brazilian inflation 'to settle at 6.5%'

Wed, 30 Jul 2008 00:00:00 GMT

The Brazilian government has claimed that inflation is expected to stand at "around" 6.5 per cent at the end of the year, Brazilian property investors may be interested to learn.

Bloomberg reports that the country's planning and budget minister Paulo Bernardo told reporters Brazil was better placed to reach ..........

Brazilian airports 'should improve before World Cup'

Wed, 23 Jul 2008 00:00:00 GMT

An official in the Brazilian aviation sector has said the South American nation's airports need to be improved before the FIFA 2014 World Cup.

The football tournament will be staged in cities such as Rio de Janeiro and Sao Paulo, prompting a surge in the number of people flying into these regions.

Therefore, Adalberto Febeliano executive vice president of the Brazilian Association of General Aviation has said the existing transport network needs to be improved, AAP reports.

He said monthly passenger numbers could go up from four million to eight million by the time of the event, as people will be travelling across Brazil to watch different games.

"We need to modernise our airports and build new airports," Mr Febeliano commented.

"If we don't, when the World Cup arrives we won't have time to accommodate the passengers."

The 2014 World Cup will mark the second time that the country has hosted the football tournament.

Brazil is also in the running to host the Olympic Games two years later.

Brazil's economy is very strong, says expert

Thu, 17 Jul 2008 00:00:00 GMT

People interested in investing in Brazilian property might like to hear the nation's economy has been described as "very strong" by one market expert.

Amberlamb revealed commercial and institutional investors who have bought into significant projects in the Latin American nation will have seen good returns in recent months.

Rhiannon ..........

Brazils investment climate praised by business-170708

Thu, 17 Jul 2008 00:00:00 GMT

An official at a US-based fast food chain has highlighted the investment potential which Brazil currently offers.

Carl's Jr has recently decided to set up establishments in both Rio de Janeiro and Sao Paulo, choosing them in preference over other emerging markets.

Speaking of the decision to invest in Brazil, spokesperson Mike Stout revealed that it has many factors in its favour.

He told the Christian Science Monitor that people in the South American nation are becoming increasingly affluent, which his leading to more and more people moving into the middle class.

He continued: "The economy is growing and inflation is stable. From a business perspective, we love the market."

According to Gulf Weekly, the South American country is "holding its own" despite the current economic downturn in the US.

This, it stated, is good news for overseas property buyers who have invested in the Brazilian housing market.

Brazil real estate 'unrivalled', says expert

Wed, 16 Jul 2008 00:00:00 GMT

Brazilian property has "incredible potential" that is "unrivalled" anywhere else in the world, one expert is claiming.

Foreign investment advisor Amberlamb revealed the Latin American nation has an "incredibly astute" government that is doing everything to successfully stabilise the economy and let the country prosper.

Rhiannon Davies, director of the ..........

Brazil property benefits from marketing

Wed, 16 Jul 2008 00:00:00 GMT

Brazilian property could be set to benefit from a new advertising campaign launched by the Ministry of Tourism (Embratur) using the slogan "Brazil Sensational"...

According to Embratur, the campaign is expected to be wider spread and more attractive than previous efforts and above all will have a greater impact on ..........

Brazilian property booms

Tue, 15 Jul 2008 00:00:00 GMT

Brazil real estate has continued to boom while other emerging markets are suffering miserable times, one commentator has said...

Writing in the New York Times, Judith Rehak said the Latin American nation was still enjoying economic buoyancy which was the reason for a boom in property in Brazil.

She cited Morningstar figures ..........

Brazil aims to step up overseas marketing-110708

Fri, 11 Jul 2008 00:00:00 GMT

Tourism authorities in Brazil have outlined their intention to raise the profile of the country overseas.

According to tourism institute Embratur, plans to market different aspects of the South American nation are currently being considered.

Jeanine Pires, president of the organisation, said the main focus will be on highlighting Brazil's natural and cultural diversity.

This, she stated, would help it to illustrate the modern lifestyle of the Brazilian people.

Ms Pires commented: "We want to draw attention to the possible experiences on offer in our sensational country at any time of year."

She added that Embratur also wants to increase the frequency of international flights in order to generate more employment and attract more visitors.

This could also stimulate growth in Brazil's housing market, a development which would be likely to attract the attention of overseas property investors.

Brazil was recently described by NuBricks.com as an "overseas property hotspot" which offers "untapped potential" to investors.