New airport set to boost Brazilian property market

Brazilian property seekers will be boosted by news that the country is preparing itself for the opening of a new airport in Natal.

Once completed the facility will be the largest of its kind in South America, supporting various worldwide flights and driving down travel prices to and from the region.

The airport is expected to be completed by 2012 and will be an important addition to the country's emerging property and tourism market, which is expected to be further bolstered with the 2014 football Wold Cup and 2016 Olympic Games.

Samantha Gore, sales and marketing director of Spanish agent UV10, explained that the airport would help to promote Brazil as a year-round destination for tourists and establish the country as a "physical hub between Europe and the US and the rest of South America".

She continued: "Increased and improved accessibility means more tourists, more property-shoppers and inevitably large prices rises.

"More flights will also have a large impact on rentals, meaning greater returns for owners."

Last year, travel publication Lonely Planet predicted that Brazil was set up well to cope with a surge in visitor numbers, with Rio de Janeiro and Iguassu Falls predicted to be popular destinations.

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