Real Estate & Property Investment News in Brazil from Propertyshowrooms.com

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.

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.

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 will be a 'hot seller' in 2010

Wed, 27 Jan 2010 00:00:00 GMT

A quick rebound from its brief recession has meant Brazil is shaping up to be one of the investment hot-spots of 2010, according to one portal.

Property Frontiers has tipped the South American country to be one of its top sellers in the coming year, with news that it will be hosting two of the world's biggest sporting tournaments coming at just the right time.

David Cox, director of the property website, noted that an increasing number of people were predicting a surge of interest in the nation.

He cited the large number of news articles discussing Brazil's economic recovery, as well as news that it has vast oil reserves and a booming agricultural sector as reasons for the country's growing popularity.

"And that is why Brazil is now internationally recognised for its property investment potential and will be a hot seller in 2010," Mr Cox explained.

Brazil will be hosting the 2014 Football World Cup as well as the 2016 Olympic Games.

Rental property 'growing in Brazil'

Wed, 6 Jan 2010 00:00:00 GMT

The rental property investment market is growing in Brazil, it has been stated.

Property portal Brazilian Homes has added a lettings section to its services in response to the growth in the sector, partner Alexander Wasastjerna announced.

He explained: "As a result of the growing Brazilian tourism market, we decided to start offering rental properties as part of our Brazilian property portfolio."

Mr Wasastjerna commented that this was being done in order to enable the firm's clients to "generate healthy rental returns for their property investment" in the country.

Such a development may encourage those thinking of investing in Brazilian property.

Commenting on the prospects for the Brazilian tourism market last month, travel editor at Lonely Planet Tom Hall remarked that the country has very strong prospects for growth in the near future.

As well as Rio de Janeiro, he said Sao Paolo is emerging as a place with a strong reputation for culture, while another hotspot is Iguassu Falls on the border with Argentina.

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.

Brazil tipped as top investment hotspot

Sat, 12 Dec 2009 00:00:00 GMT

Brazil will be the best place in the world to buy overseas property in 2010, an expert has stated.

Head of research at investment firm Property Frontiers Christopher Chadd said the country has a range of circumstances in its favour.

He remarked: "Brazil can do no wrong. A huge housing shortage, huge natural reserves and a fast growing economy combined with a rapid emerging middle class mean that Brazil is the place to invest."

Interest in the country may also be partly due to it hosting two major sporting events in the coming decade, the 2014 football World Cup and the 2016 Olympics in Rio de Janeiro.

Earlier this month, sales and business development manager at overseas property firm the International Homes Network Toby Simcox commented that Brazil is a "hotspot" for investors.

He stated that an "influx" of enquiries are expected after Rio won the right to host the 2016 games earlier this year.

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 'a top tip' for overseas investors

Mon, 23 Nov 2009 00:00:00 GMT

Brazil has been listed as the leading destination for property buyers by an overseas investment firm.

Homesgofast.com said the country has been generating a higher level of interest in recent months than anywhere else, particularly after Rio de Janeiro was awarded the 2016 Olympic Games.

Chief executive Nick Marr stated: "The Olympic effect has seen investment from all over the world and Brazilian property is hotter than ever right now as investors seek to get in early."

He added that the best place to go is the north-east, which is far away from areas with high crime and also offers good "exit opportunities" in which investors who want to sell will find both locals and foreigners willing to buy.

The firm placed the South American country as its leading destination for investors in 2010, ahead of France with the US in third.

Fellow investment company Homes Overseas has listed the same top three as the places to go, although the rest of its top ten differs.

However, both include Australia, Abu Dhabi in the UAE and football World Cup host South Africa.

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.

Brazil 'to be easier to get international mortgage in'

Thu, 5 Nov 2009 00:00:00 GMT

Getting a mortgage to buy a Brazilian property will be easier from next year, it has been stated.

In a feature on the country's property outlook, the overseas investment magazine noted that talks are taking place between the government and banks to devise ways in which this can be achieved, with new laws to come into force next year.

The portal noted that there has been a surge in buyer interest about property in Brazil, with this being helped by the awarding of the 2016 Olympics to Rio de Janeiro.

It noted that there has been a 60 per cent increase in enquiries about the country since August.

The country will see a large increase in the number of buyers from overseas in the near future, executive chairman at construction firm Confide Brasil Javier Fernandez-Pena said recently.

Speaking at the Why Brazil? Why Now? Investment Opportunities in Real Estate & Tourism Markets event in London last month, he said Brazil is "starting to be seen as fashionable or the location of the next real estate boom".

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 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.

Brazil 'set to boom'

Thu, 29 Oct 2009 00:00:00 GMT

Brazil is set for a major property boom when international butyers return in large numbers, it has been predicted.

Executive chairman at construction firm Confide Brasil Javier Fernandez-Pena said recent years saw property developments taking place with the international buyer in mind, but these have diminished in number due to the world economic downturn.

However, he said, the growing domestic sector has stepped into the breach and is helping the market to keep growing.

Looking to the future, Mr Fernandez-Pena added: "International buyers will come back to Brazil as it is starting to be seen as fashionable or the location of the next real estate boom."

He suggested that 2016 Olympic host Rio de Janeiro will offer a "tremendous opportunity" to attract such buyers.

Mr Fernandez-Pena was one of a number of speakers at the Why Brazil? Why Now? event in London.

Among the others were co-ordinator for inward investment at the ministry of tourism Laercio Souza, who noted that thanks to the domestic market, towns such as Santa Cantarina and Florianopolis are already emerging as popular second-home destinations.

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.

Brazil 'set to see golf growth'

Wed, 14 Oct 2009 00:00:00 GMT

Golf has been tipped to keep on growing as a sport in Brazil, something that may encourage those looking to buy properties associated with the sport.

Director at the Brazilian Tourist Office for UK and Ireland Glauco Chris Fuzinatto remarked that this form of tourism already exists.

He stated: "Golf in Brazil is growing quite rapidly and there are quite a lot of people now that combine a holiday with playing golf in Brazil."

Mr Fuzinatto added that the best courses tended to be in the states of Bahia, Sao Paulo and Rio de Janeiro, with the latter set to receive major investment in golfing facilities with the sport returning to the Olympics in time for the 2016 games.

Those keen on investing in golf property may find the combination of these factors leads to a growth in that market in the years between now and 2016.

Columnist for the Professional Golfers Association Tour website John Maginnes suggested that Rio's Olympic course could be designed by a legendary figure of the game, mentioning Jack Nicklaus, Arnold Palmer or Greg Norman as possible candidates.

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.

Bid may boost Brazil property

Fri, 2 Oct 2009 00:00:00 GMT

Rio de Janiero is stepping up its campaign to host the Olympic Games in 2016, something that may bolster the property market in the country.

President Lula Da Silva has thrown his weight behind the bid as the International Olympic Committee meets to decide where the event will be held.

The city is up against Chicago, Madrid and Tokyo, with the decision due to be announced in Copenhagen tomorrow.

Victory for the Brazilian city - which would make it the first time South America has hosted the event - could help bring in new investment in Brazilian property in the city and the country, a benefit London has been seeking from hosting the 2012 games.

Brazil is already hosting the 2014 World Cup and has already been tipped to see major growth in its property sector as the country's economy grows in the years ahead.

The Pioneer Land Group has tipped the average property in Brazil to rise in value by between 100 per cent and 200 per cent over the next five years.

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 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.

Champion cyclist purchases Brazilian property

Mon, 6 Jul 2009 00:00:00 GMT

Olympic gold medal winning cyclist Sir Chris Hoy has purchased a property in Brazil.

He told the Telegraph that the country was particularly suited to cycling and training because "the weather is always pretty good" and "the roads are good".

According to Sir Chris - who won three gold medals at the Beijing Olympics last year - the house is "ideal for my purposes" and he plans to use it to train and for holidays.

It is still under construction and he intends to visit Brazil soon to see how it is progressing, adding that he hoped that it would prove to be a strong investment in the long term.

Brazil was under Portuguese rule for over 300 years until its gained independence in 1822, becoming the largest and most populous nation in South America.

The country is the leading economic power in the region and covers a range of different terrain, including beaches, rainforests, mountains and lowlands.

Brazil 'bouncing back'

Fri, 26 Jun 2009 00:00:00 GMT

Brazil's property market is showing signs of recovery, a private equity investor has said.

Speaking at the Reuters Global Real Estate Summit, president of GoldenTree InSite Partners Thomas Shapiro said the market has bounced back "substantially" in recent months after a dip.

He gave as an example of this the company's 104-home development in the Vila Carrao area of Sao Paolo, in which "we sold every unit in four hours".

Mr Shapiro said that the prospects for the economy in the country are looking better than expected, with real estate bolstered by a government stimulus package, while commenting that the country is not currently vulnerable to a property bubble developing.

Such sentiments may encourage those thinking of buying property in Brazil.

The economy has been strengthened by the policies of president Lula, who has instigated "all sorts of market reforms that have made Brazil prosperous", US president Barack Obama said this week.

World Cup 'will boost rental prices in Brazil'

Mon, 15 Jun 2009 00:00:00 GMT

Property investors who rent out homes will be able to make a large profit from the 2014 world cup in Brazil, it has been claimed.

Co-founder of developers ViaMar Groupo Vibecke Lykke Olsen said the rates charged for rent "treble" during the holiday periods, such as Christmas, Easter and carnival time, with the same effect likely to be seen during the tournament.

Discussing the fact that some games will be played in Natal, Ms Olsen said this is "exciting" and will help continue the infrastructure development that has been going on in the north-east of the country in the past five years.

"The development will just take off, there's no doubt about that," she said.

Those keen in investing in parts of Brazil near to the 12 venues for the tournament will now know what these will be.

Rio de Janeiro, Sao Paulo, Manaus, Belo Horizonte, Natal, Fortaleza, Curitiba, Salvador, Brasilia, Cuiaba, Recife and Porto Alegre were recently named as host cities by football's world governing body Fifa.

Beach top tip for Brazilian property investors

Thu, 30 Apr 2009 00:00:00 GMT

Those looking for the best beaches in Brazil will find the finest one in the north-east of the country to be Praia da Pipa near Natal, it has been stated.

Marketing manager at travel specialists Journey Latin America Laura Rendell-Dunn said this stretch of sand is "the first beach I'd recommend" in the region, adding that it is "very safe" for families, off the beaten track and offers wildlife attractions including pink dolphins.

Such features may be of interest to those thinking of investing in property in the Natal area of the country.

Other beaches she tipped as outstanding include Lopes Mendes, which is situated on the island of Ilha Grande near Rio, as well as the city's own famous beaches of Copacabana and Ipanema.

Last month Natal was hailed as one of the two best places to buy property in Brazil by property inspection firm uv10.

Brazil job news may hint at economic strength

Fri, 20 Mar 2009 00:00:00 GMT

Employment in Brazil has gone up, according to the latest official statistics.

Official statistics from the country's labour ministry revealed that February saw an extra 9,179 jobs created, reversing a trend that had seen unemployment increasing in each of the previous three months.

Although this was the weakest performance in the sector for the month of February in a decade, the ministry said it was a positive sign in the midst of the global economic crisis.

Labour minister Carlos Lupi commented: "This favorable, albeit modest development shows an important recovery in Brazil's formal labour market after three consecutive months of significant negative results," reports Reuters.

Such figures may indicate that Brazil's economy is proving to be more resilient than many in the face of the world economic situation, something that could encourage those thinking of investing in property there.

Property inspection firm uv10 recently suggested that Natal and Pipa in the north-east of the country are the best places to invest in Brazilian real estate, due to the new airport and infrastructure developments taking place there.

Brazil hailed as top destination

Mon, 16 Mar 2009 00:00:00 GMT

Brazil has been hailed as an outstanding destination for holidaymakers keen to enjoy the country's lifestyle.

Marketing manager at travel firm Journey Latin America Laura Rendell-Dunn commented that apart from the climate, people can enjoy the atmosphere of Brazil.

She stated: "Brazil is well known for its party like atmosphere, the people are very friendly, [there are] lots of street parties going on during carnival."

Such attractions may help to increase the holiday market in the country, which in turn could benefit those investing in tourist property.

Ms Rendell-Dunn noted that while the cities are very busy, regions like Salvador in the north-east of the country are far more "relaxing".

Property inspection firm uv10 recently tipped the north-east as a very good place for property investors.

It said Natal, which is undergoing major infrastructure development and has a new airport, represents a very good place to invest in property.

Sales manager Samantha Gore also stated that nearby Pipa will be a good prospect when a new road to Natal is built.

Pipa and Natal hailed as best for Brazil

Fri, 13 Mar 2009 00:00:00 GMT

The best regions of Brazil to invest in are Pipa and Natal, an expert has commented.

Sales manager at property inspection firm uv10 Samantha Gore said the construction of a large airport in Natal is likely to drive investment in the region.

She stated: "It is the closest point to Europe and South America, so it is going to act as a hub between the two continents, so that's the area where all the federal investment is going."

Ms Gore added that the Pipa region to the south of Natal will benefit from this investment as a new access road is being constructed and the area is popular with tourists, meaning there is a strong rental prospect.

The area's beaches and wildlife are a particular attraction of Pipa, she remarked.

Brazil's property market is operating in an economy that has seen some of the strongest growth in Latin America.

According to the Latin Business Chronicle last month, the country enjoyed economic growth of 19 per cent between 2003 and 2008, compared with 18 per cent in Chile, 16 per cent in Argentina and Colombia and seven per cent in Mexico over the same period.

Brazil 'great for rent' says expert

Thu, 12 Mar 2009 00:00:00 GMT

Investing in Brazilian buy-to-let real estate is a profitable venture because of the country's favourable climate, it has been stated.

Samantha Gore, the sales manager at property inspection firm uv10, explained that this situation enables people to buy a home that they can enjoy a holiday in while leaving time to rent it out for the rest of the year.

She stated: "You've got a long rental season because it is warm all year round and a long season you can rent it out for."

Commenting that the market has "proper legs", Ms Gore noted that people do not tend to buy and sell properties quickly, as they tend to enjoy being in the country and see such investments as long-term prospects.

Those looking to buy in Brazil may also find a more favourable exchange rate to the pound than some currencies will provide.

Figures from Halifax showed that in the six months to December 2008 the number of Brazilian reals a pound could buy increased by 15.3 per cent.

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 properties 'increasing in popularity'

Fri, 13 Feb 2009 00:00:00 GMT

Brazil is becoming an increasingly popular choice for property investors looking to make an overseas purchase, it has been claimed.

According to Tom Falcao, general manager of the Brazilian embassy's tourist board, the north-east and south of the country are proving attractive locations for buyers.

"Some [purchasers] are people who are retiring and buy a house in Brazil. There are also people who buy a second property in Brazil and rent it out to other people. So it works as an investment," he explained.

And Mr Falcao also noted that the country is home to many new developments - houses of varying sizes known as 'pousada' - that are very popular with tourists, both on the beaches and inland.

Romasa Storey, author of a book about living and working in Brazil, recently stated that the country offers "very cheap" living costs when compared to the UK, adding that travelling to the South American nation is no longer as expensive as it once was.

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 offers "very cheap" living costs

Tue, 10 Feb 2009 00:00:00 GMT

The cheaper living costs of Brazil compared to the UK make it an attractive destination for those wanting to move abroad, it has been argued.

According to Romasa Storey, who has written a book on the subject of living and working in Brazil, the South American country offers a variety of attractions as well as a "thriving economy and political stability" - two factors that may be of interest to property investors considering making a purchase in the country.

"It is very cheap compared to the UK and it isn't as expensive as it once was to fly to Brazil," she explained, adding that an increased number of connections being offered by airlines makes the country "far more accessible" than it has been in the past.

Property expert Paul Collins recently stated that the Brazilian government is stepping up its drive to get foreign property buyers to invest in the country by making the development process "more and more streamlined".

Carnival season attracting visitors to Brazil

Thu, 29 Jan 2009 00:00:00 GMT

The number of foreign visitors heading to Brazil is set to increase when the world-famous Rio de Janeiro Carnival gets underway next month.

Described as "the carnival to end all carnivals" by the Telegraph, the event begins on Friday February 20th and continues with street parades until the following Tuesday.

Although tickets to the Sambadromo, the main party venue, can be expensive, many tour operators provide special carnival trips to Brazil which include several nights in Rio.

According to the Rio Carnival's official website, the event brings approximately 500,000 foreign visitors to the city every year.

The website states: "The Rio Carnival is not only the biggest carnival [and the] benchmark against which every other carnival is compared, but also one of the most interesting artistic events on the globe."

Recent figures from Halifax show that the value of the pound against the Brazilian real has risen by 15.3% over the last six months, making the country increasingly affordable for British visitors.

Visit our off-plan property Brazil page.

Brazil interest rates 'will keep dropping'

Wed, 28 Jan 2009 00:00:00 GMT

Interest rates in Brazil will continue to fall as long as the central bank in the country ensures its monetary policy remains "responsible", it has been claimed.

Head of the bank Henrique Meirelles told a newspaper in the country that the figure - which is currently one of the highest in the world - will keep declining over the coming months, Reuters reports.

A one per cent reduction in the rate, bringing it down to 12.75 per cent, was made last week - the first reduction in 16 months and double what many analysts had forecast.

"The real interest rates … are falling gradually in Brazil and the trend is that they keep falling in the long-term as long as responsible policies … are maintained," Mr Meirelles told the news source.

Property investors who are considering making a purchase in the country may welcome the news, as it could potentially reduce the cost of buying a home in Brazil.

Halifax recently noted that the country is increasing in popularity among tourists wanting to visit an affordable destination outside of the eurozone.

Brazil still growing

Wed, 28 Jan 2009 00:00:00 GMT

A Brazilian official has said that the country's ongoing schemes to develop improved infrastructure and industries will not be put on hold due to the global economic slowdown.

Speaking to Construction News, director of the ministry for tourism Hermano Carvalho admitted that the financial crisis may have caused Brazil to scale back its targets slightly.

However, he also said that the country's GDP will continue to demonstrate significant growth, although at a slower rate than initially forecast.

"We are still building hotels, resorts and golf courses. We won't stop," Mr Carvalho told the website.

He added: "We expected to grow our GDP by 5% this year but have recalculated it to 2.5% to 3%. It is still growing, just more slowly."

According to Construction News, the Brazilian government plans to spend the equivalent of £143 billion on infrastructure projects between 2008 and 2012.

Data from the United Nations Conference on Trade and Development shows that foreign direct investment in Brazil increased by 20.6% last year.

Visit our off-plan property Brazil page.

Foreign investment increasing in Brazil

Tue, 27 Jan 2009 00:00:00 GMT

The level of foreign direct investment (FDI) in Brazil saw year-on-year growth of 20.6% in 2008, new figures have revealed.

According to data from the United Nations Conference on Trade and Development (UNCTAD), Brazil's total FDI for last year was $41.7 billion (£30 billion) – up from $34.6 billion in 2007.

The figures show Brazil to be bucking a global trend in terms of foreign investment, as UNCTAD estimated that overall FDI decreased by 21% last year.

Brazil secured the highest level of FDI among the South American nations, although neighbouring country Argentina actually experienced bigger growth in terms of percentage.

In Argentina, FDI grew by 27.9% to $7.3 billion in 2008.

Raising the Roof, the overseas homes blog of the International Herald Tribune, recently commented that Brazil's growing property market attracted "major investment money" from foreign interests last year.

Visit our off-plan property Brazil page.

Exxon finds more oil off coast of Brazil

Thu, 22 Jan 2009 00:00:00 GMT

Exxon Mobil has announced the discovery of more oil off the coast of Brazil...

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...

Pound's value 'making Brazil more popular'

Mon, 19 Jan 2009 00:00:00 GMT

Brazil's popularity as a destination for holidaymakers is increasing, Halifax has stated.

According to the lender, the country is seeing an increase in visitors as tourists look for affordable countries located outside the euro zone during the credit crunch.

Economist for the Halifax Suren Thiru stated that Brazil's currency has fallen in value against the pound due to the country undertaking substantial amounts of trading with the US.

And this, he said, is making it more attractive to Britons looking for cheaper holidays.

"A lot of traditional destinations in Europe like Spain and France have become more expensive than they were a year ago," he explained, noting that many places outside the euro zone are now "more affordable".

Mr Thiru's comments follow those of BuyAssociation editor Paul Collins, who earlier this week stated that Brazil is increasing its efforts to attract property investors to the country by making it easier for developers to build on what is often undervalued land.

Investment mogul picks Brazil as opportunity hotspot

Mon, 19 Jan 2009 00:00:00 GMT

Renowned global fund manager Dr Mark Mobius has chosen Brazil as one of the best countries in the world for investment potential...

Brazil seen as affordable destination

Sat, 17 Jan 2009 00:00:00 GMT

Recent changes in currency values have caused more UK residents to view Brazil as an affordable destination for their holidays, it has been claimed.

Suren Thiru, economist at Halifax, said that a growing number of Britons are aware that "places outside the eurozone are more affordable" in terms of holiday spending.

Figures published by Halifax earlier this week reveal that the pound increased in value by 15.3% against the Brazilian real in the last six months, while its value against the euro dropped by 14%.

"A lot of traditional destinations in Europe like Spain and France have become more expensive than they were a year ago," Ms Thiru commented.

In terms of overseas property, BuyAssociation's Paul Collins recently claimed that Brazil is "probably one of the only markets" that is expected to enjoy growth during 2009.

He explained that the South American country's positive outlook is based on the strength of the economy and its emergence as a major tourism destination.

Visit our off-plan property Brazil page.

Brazilian government looking to attract foreign buyers

Fri, 16 Jan 2009 00:00:00 GMT

The Brazilian government is increasing its efforts to attract foreign property buyers to the country, it has been claimed.

According to property editor for BuyAssociation Paul Collins, authorities in Brazil are making it easier for developers to build in the country, as they look to improve so-called "residential tourism".

"As more people invest in Brazil it will become easier and easier [to do so] because the processes will become more and more streamlined," he explained, noting that the process of attracting people to the country only began as recently as 2005.

However, Mr Collins also noted that while the authorities are doing "whatever they can" to increase investment, the activity is still being controlled as developers are not allowed to "build anywhere".

Recent BuyAssociation research revealed that larger land plots in the country are often undervalued, with areas in a well-established development costing approximately GBP20,000 for a 1,000 square metre site.

Companies continue to invest in Brazil

Fri, 16 Jan 2009 00:00:00 GMT

The global financial crisis is not preventing a number of major companies from investing in Brazil...

Pound 'worth more' in Brazil and Australia

Thu, 15 Jan 2009 00:00:00 GMT

Brazil and Australia are among the destinations Britons may chose when going on holiday this year, new research has suggested.

Data from Halifax has indicated that many holidaymakers may seek alternative countries during 2009, due to the recent weakening of the pound against the euro and the dollar.

And these two countries are among those where the pound's value has risen, with sterling being worth 15.3 per cent more in Brazil now than six months ago and 6.8 per cent more in Australia.

The exchange rate fluctuations may also benefit property investors, as those looking to make purchases in either Brazil or Australia may be able to use the strength of sterling in these areas to their advantage.

However, investing in some areas of Europe may prove more costly, with chief economist at Halifax Martin Ellis noting that "the pound has fallen significantly against both the euro and the US dollar in recent months".

Tom Falcao of Brazil's tourist office in London recently stated that the country's north-west region is well-prepared to cater for foreign visitors.

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.