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

Brazilian commercial real estate 'demonstrating resilience'

Wed, 1 Feb 2012 00:00:00 GMT

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

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

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

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

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

Coastal property in north-east Brazil 'popular'

Fri, 20 Jan 2012 00:00:00 GMT

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

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

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

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

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

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

Investors in Brazilian property 'must be cautious'

Wed, 11 Jan 2012 00:00:00 GMT

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

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

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

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

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

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

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

Report: interest in Brazilian real estate rising

Thu, 5 Jan 2012 00:00:00 GMT

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

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

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

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

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

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

Brazil 'a good choice for a property investment'

Fri, 23 Dec 2011 00:00:00 GMT

There are many reasons why Brazil is a prime location for those looking to invest in property overseas, it has been claimed.

Tim Morgan, partner at Emerging Real Estate, highlighted the growing number of tourists visiting the nation as just one of the factors helping boost Brazil's real estate sector.

He explained there is increasing demand for holiday homes for rent, with new-build properties designed for this sector providing "a low level market entry point" for investors.

Meanwhile, Mr Morgan pointed to the good weather, relatively inexpensive cost of living and strong capital appreciation as other reasons why buying a house or apartment in the nation is an appealing prospect.

"Buying property in Brazil is a shrewd move as the country is in relatively strong economic shape like its fellow Bric (Brazil, Russia, India and China) countries," he stated.

Rio de Janeiro is one place property investors may want to consider after the Holiday Lettings' Insight Report recently named it as one of the most popular city break destinations in the world, adding demand for rental apartments here outweighs supply.

Is Rio de Janeiro a good target for property investors?

Mon, 19 Dec 2011 00:00:00 GMT

People looking for real estate assets that can generate an income as holiday rentals may be interested in the prospects of Rio de Janeiro in Brazil.

According to the recent Holiday Lettings' Insights Report, the city is an up-and-coming destination, with the report tipping it as a good prospect for investors in 2012.

Rio de Janeiro was ranked as the sixth most popular city break location in the world, with the study noting demand is "outweighing the current supply of apartments and penthouses".

This indicates there are opportunities for investors looking for Brazilian property in the metropolis.

Meanwhile, Sao Paulo was recently cited by Global Property Guide as a potentially lucrative option for those looking for real estate to rent out.

It received four stars out of five in the publication's investment ratings, with the gross annual rental yield currently standing at 7.25 per cent.

Those with the money available to buy a property in Brazil may want to do so ahead of the two major sporting events set to be hosted in the country. In 2014, the football World Cup is heading to the nation, while the Olympic Games will take place in Rio de Janeiro in 2016.

Brazilian property market 'grew in Q3'

Fri, 11 Nov 2011 00:00:00 GMT

During the third quarter of 2011, the real estate market in Brazil continued to grow, with the Sao Paulo office sector putting in a particularly strong performance.

This is according to a report published by Cushman & Wakefield, which revealed that net absorption across all the cities surveyed was 52.3 per cent higher in this period than the figure recorded in the three months from April to June this year.

Meanwhile, the average asking price for rents has climbed by 2.5 per cent year on year, to stand at R$71.50 (£25.56) per sq m per month.

Sao Paulo's central business district far outstripped that national average, with a 22.6 per cent annual increase in rents in this area, bringing the typical monthly cost of leasing a property to R$111.8 per sq m.

"High demand, limited supply and more modern buildings added to the market have once again influenced average rents in high-end office buildings located in the main office districts of Sao Paulo," the research stated.

The recent Global Commercial Property Survey carried out by the Royal Institution of Chartered Surveyors predicted further growth in both capital values and rents within the Brazilian property sector by the end of 2011.

Brazilian commercial property 'performing well'

Fri, 4 Nov 2011 00:00:00 GMT

Brazil has been highlighted as one of the top performing commercial real estate markets in the world at present in a new study.

The Royal Institution of Chartered Surveyors (Rics) Global Commercial Property Survey for the third quarter of 2011 predicted that Brazil's momentum will continue throughout the final quarter of this year.

According to the organisation, "rental and capital value expectations remain high", while the picture for demand from investors looks strong, despite weakening slightly compared to the second quarter of 2011.

Rics chief economist Simon Rubinsohn described Brazil's commercial property sector as one of the "key areas of resilience" around the world, alongside the likes of China and Russia.

Meanwhile, those questioned for the research anticipate continued strength in occupier demand, with Rics stating that recent reductions in interest rates by the Banco Central do Brasil will further support this side of the market.

Last month, Ruban Selvanayagam wrote for Global Property Guide that new regulations have been introduced in Brazil to help resolve issues caused by delays to developments when residential units have been sold off-plan.

He noted that the intention of the guidelines, which are not compulsory, is to bring greater transparency into the sector.

Rio Grande do Norte 'presents opportunities for property investors'

Mon, 24 Oct 2011 00:00:00 GMT

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

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

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

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

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

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

'Good prospects' for north-east Brazilian property

Thu, 22 Sep 2011 00:00:00 GMT

Investors looking for real estate in Brazil have been advised to focus their attention on the north-east of the country by one firm operating in the nation.

According to Obelisk International, which specialises in investment opportunities in Brazil, land is not at such a premium in north-eastern regions, while there is strong demand for properties in this area.

Consequently, the company believes that this part of the country offers "a more stable long-term future than the big cities in the south-east".

Gary Hardacre, chief executive officer at Obelisk International, added: "Huge demand is undoubtedly the main factor behind the long-term potential for the real estate market in Brazil."

Earlier this month, director of the Brazilian Company for Patrimonial Studies Luiz Paulo Pompeia told Property Secrets that buyers should negotiate with developers to obtain a reduced price on their investment.

He explained that offering to provide a larger down payment for the asset in question could be one way to help convince them to lower their asking price.

Brazil property prices 'can be negotiable'

Fri, 16 Sep 2011 00:00:00 GMT

One expert in Brazilian real estate has pointed out that it is possible to negotiate the price of homes in the country lower by up to around ten per cent in some cases.

Speaking to Property Secrets, director of the Brazilian Company for Patrimonial Studies Luiz Paulo Pompeia explained that there are techniques people can use to encourage a developer to agree to a reduced price.

As an example, he suggested approaching them with a larger deposit in exchange for a lower overall purchase cost.

Meanwhile, president of the Sao Paulo Housing Syndicate Joao Crestana told the publication that buyers also have a bit more time now to make a decision about a particular property.

"In 2010, people who wanted to buy were forced to close their purchase quickly as it was only taking two months for an entire development to sell," he explained.

The rate at which sales are completed has since slowed down, presenting more opportunities for investors to look around.

And with Brazil due to host the 2016 Olympic Games as well as the 2014 football World Cup, there could be even greater interest in the nation's property market from foreign buyers over the coming years.

"Attractive opportunities" in Brazilian property sector

Thu, 8 Sep 2011 00:00:00 GMT

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

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

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

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

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

Brazilian property price index 'will be invaluable'

Thu, 25 Aug 2011 00:00:00 GMT

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

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

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

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

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

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

Rio de Janeiro offers "good" options for property investment

Tue, 9 Aug 2011 00:00:00 GMT

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

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

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

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

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

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

Sporting events 'should boost Brazil property investment'

Mon, 8 Aug 2011 00:00:00 GMT

People looking for property in Brazil may want to find somewhere sooner rather than later after one expert noted that the sporting events due to take place in the country over the coming years may boost prices.

Mark Sharp, chief executive officer of the Association of International Property Professionals, explained that based on other locations that have hosted the Olympics and World Cup, real estate values could increase by as much as 25 per cent.

"Experience from around the world tends to show that, on the whole, big tournaments have a positive effect on property prices," he stated.

Brazil is gearing up to host the football World Cup in 2014 and two years later it will be holding the Olympic Games.

Mr Sharp pointed out that improvements to the country's infrastructure ahead of the tournaments, as well as a growing economy are both factors that are encouraging investors to look into the returns available from property in Brazil.

Rio de Janeiro, Sao Paulo, Salvador, Brasilia and Fortaleza are just some of the cities where World Cup games will be played.

Investment opportunities in Brazil highlighted

Tue, 26 Jul 2011 00:00:00 GMT

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

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

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

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

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

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

Sao Paulo real estate 'boosted by global growth'

Wed, 6 Jul 2011 00:00:00 GMT

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

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

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

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

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

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

Growth expected to continue for Brazilian housing industry

Thu, 23 Jun 2011 00:00:00 GMT

The Brazilian property market is expected to see solid growth over the next few years as the need for housing in the country continues to rise.

This is according to a new report from research firm RNCOS, which suggests that 1.8 million homes will be in demand by the close of 2014.

Combined with developers' new focus on affordable properties and signs that the Brazilian government is looking to produce a policy framework that will promote the growth of the industry, this will help the housing sector to become "the most profitable and dynamic industry in Latin America during the next few years", RNCOS says.

This is in spite of the current discrepancies between supply and demand, as increasing investment and new state-backed schemes will help to build on the currently "strong" fundamentals of the market, the report adds.

The forecast comes shortly after research by JPMorgan Chase & Co analysts Adrian Huerta, Marina Mansur and Marcelo Motta pointed to an estimated increase of 25 per cent in Brazilian house prices for the 12 months to May 2011.

"We are not seeing any deceleration in home price increases yet," the report said, according to Bloomberg.

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.

Cruise sector helping to boost Brazilian tourism

Tue, 7 Jun 2011 00:00:00 GMT

Brazil's ever-expanding tourism sector is set to be boosted further still by the arrival of cruise tourism, it has been suggested.

South America's cruise industry has had a record-breaking season, with six cruise lines operating 20 vessels and carrying almost 800,000 guests.

This can be combined with a recently released Economic Impact Study highlighting that the cruise sector is playing a significant part in Brazil's economy.

The research found that the industry contributed some $814 million in economic output during the 2010/11 cruise period.

Ray Withers, director of Property Frontiers, said: "Tourism has and will play a significant role in the growth of the Brazilian economy.

"Over 5.1 million foreign nationals visited Brazil in 2010, an impressive 7.8 per cent increase over 2009 figures and forecasts for 2011 are set to be even higher."

As such, Mr Withers supported recent comments from Pierfrancesco Vago, chief executive officer of MSC Cruises, which called for further action to improve the industry.

Brazilian property prices continue to increase

Tue, 24 May 2011 00:00:00 GMT

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

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

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

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

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

Brazil is the ‘perfect destination’ for a holiday home

Wed, 11 May 2011 00:00:00 GMT

As well as being one of the hottest emerging markets in the world, Brazil is also an ideal location for a holiday home, it has been suggested.

New government housing programmes combined with the forthcoming FIFA World Cup and Olympic Games mean that Brazil has been attracting a lot of interest from property investors of late.

However, agent UV10 has claimed that it is not just savvy investors who can make the most of what the country has to offer.

Samantha Gore, sales manager at the firm, explained that the north-eastern coastline surrounding Natal is one of the best holiday destinations.

"Prices are at their best now but on an upward trajectory, particularly as Natal's new airport takes shape," he said.

Indeed, work has begun on the new airport which is set to be the largest in Latin America. Once completed, the new facility will be able to accept five million passengers a year.

Natal is popular location for investment in Brazil

Mon, 9 May 2011 00:00:00 GMT

Investors looking for investment opportunities in South America have been told that Natal is one of the most popular locations to buy property in Brazil.

BuyAssociation claims that the best potential lies in the north-east of the country, with a range of high-quality developments and inward investment resulting in huge capital growth.

However, the company added that buying property in this region has other benefits.

"A purchase here isn't all about money - some of the purest water and cleanest air in the continent has been found here," the company told IFAonline.co.uk.

It added that the Natal can also claim to offer the highest quality of life and the lowest crime rate in the country.

The firm noted that Brazil has come to prominence on the overseas property market in recent years due to its rapid economic and social development.

It now leads the way in the BRIC group of emerging markets and is pushing to becoming one of the largest economies in the world.

Investors eye opportunities further afield

Thu, 21 Apr 2011 00:00:00 GMT

Economic uncertainty in a number of European destinations has prompted foreign real estate investors to look “further afield” for the best returns, it has been suggested.

This is the opinion of Nick Marr, chief executive officer at Homesgofast.com, who believes that volatile domestic markets and unpredictable currency exchange rates have led to a move away from traditional destinations.

It could prompt an increase in the number of individuals looking to buy property in Brazil, with the South American nation considered as one of the best prospects for this year.

"Volatile foreign currency rates and housing markets as a result of Portugal's bailout and rumours of Spain and even Italian economic difficulties, have led to investors looking further afield,” Mr Marr explained.

The expert’s comments follow the publication of research from leading property portal uv10, which found that at the end of 2010 some 9.1 million Brazilian families had intentions to purchase a home in the country this year.

'Literally millions' of Brazilians plan to buy property

Mon, 18 Apr 2011 00:00:00 GMT

Rapid growth is expected within the Brazilian property market following the publication of new research from a leading local property portal.

According to uV10, at the end of 2010 some 9.1 million Brazilian families revealed their intentions to purchase a home in the country this year.

It is expected that developers in the South American location will be unable to keep up with demand, with their currently a deficit of six to seven million homes in the country.

Indeed, experts and market analyst suggest that the backlog will take ten to 15 years to meet.

Samantha Gore, sales manager at uv10, said: "Literally millions of Brazilians are now eligible for property purchasing and have made it their main short-term goal."

She explained that the while the dream of owning a property used to be "only a dream" for many Brazilians, a sharp rise in credit, increased incomes, reduced unemployment rate and new legislation has made it possible.

Nick Mar, chief executive of Homesgofast.com, recently claimed that Brazil boasts one of the best foreign property markets at present, along with Turkey, Spain and Malaysia.

Brazil is a 'hot market' at present

Wed, 30 Mar 2011 00:00:00 GMT

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

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

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

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

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

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

Brazilian property market will enjoy 'unprecedented growth'

Sat, 19 Mar 2011 00:00:00 GMT

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

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

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

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

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

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

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."

2011 to be a 'better' year for Brazilian property

Fri, 25 Feb 2011 00:00:00 GMT

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

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

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

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

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

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

New index on the way for Brazilian property market

Thu, 24 Feb 2011 00:00:00 GMT

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

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

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

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

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

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

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

Price growth slows in Brazil

Tue, 11 Jan 2011 00:00:00 GMT

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

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

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

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

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

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

Brazil 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 achieving 'full employment'

Wed, 22 Dec 2010 00:00:00 GMT

President of Brazil Luiz Inacio Lula da Silva has said that the country is close to achieving full employment.

The news could be welcomed by those looking to buy property in Brazil as an investment as the news could lead to more people in the country looking to buy a home.

Brazil's unemployment rate fell to a record 5.7 per cent in November, down from six percent the month before, the country's national statistics agency said recently.

According to Lula, this will be a persistent pattern as more people in Brazil find work.

"We are in a full employment pattern," Bloomberg quotes him as saying in his weekly radio programme broadcast nationwide.

"The unemployment number will continue to drop," he added.

It follows recent comments by Zeca Grabowsky, chief executive of Brazil's largest real estate developer PDG.

Speaking at the Reuters Brazil Investment Summit in Rio de Janeiro, he dismissed claims that the Brazil property market was experiencing a bubble, saying that growth was being driven by real demand from people looking to buy a home for the first time.

'No fears' of a property bubble forming in Brazil

Mon, 20 Dec 2010 00:00:00 GMT

There is still demand for homes in Brazil, the country's largest real estate developer has claimed.

Speaking at the Reuters Brazil Investment Summit in Rio de Janeiro, PDG chief executive Zeca Grabowsky played down concerns relating to the formation of a bubble in the market.

In fact, the developer went so far as to announce that it would be undertaking $5.83 billion worth of new builds in 2011, up 33 per cent compared to the target set for 2010.

The news is sure to be welcomed by those looking to buy property in Brazil, with concerns having been raised about the record pace at which home values are currently rising.

"It's far from a bubble," Mr Grabowsky said. "This is real demand, it's people buying their house for the first time, to live in it."

"In terms of workforce, I don't think there is a lack of people, but because the market is more favourable, they are able to achieve better wage terms, above inflation, which increases costs."

Sustained economic expansion predicted in Brazil

Mon, 13 Dec 2010 00:00:00 GMT

Brazil's economy is expected to grow at a sustainable pace over the remainder of the year and into 2011, it has been claimed.

The news will be welcomed by investors looking to buy property in Brazil, with analysts predicting economic growth in the country of over seven per cent this year.

This is according to a poll of 23 analysts, strategists and fund managers surveyed by Reuters.

On average, they forecast that the Sao Paulo stock exchange's benchmark Bovespa index will reach 80,000 points by the end of the next year, over 15 percent higher than its Tuesday close of 69,337.64.

Furthermore, the index should rise to 73,000 by mid-2011, the poll found.

"We believe in a very good year for the Brazilian economy, with sustained expansion in the gross domestic product," Paulo Esteves of Gradual Investimentos in Sao Paulo told the news provider.

"The growth of emerging powers and the recovery of the US economy will support growth in the Bovespa, which in our view won't sink again to its 2010 low of 57,600 next year."

It follows recent reports that Brazil is the most popular country in the world in terms of enquiries, according to real estate consultancy Colodarcy.

Brazil 'ready' for 2014 World Cup real estate boost

Tue, 7 Dec 2010 00:00:00 GMT

Hosting an international football tournament will do more to boost a country than any other sporting event, a new survey has suggested.

The news is likely to be welcomed by those who have invested in or are looking to buy property in Brazil, with the nation looking forward to the 2014 FIFA World Cup.

According to tourism marketing experts Pangaea Network, having the world's biggest football event in a country has a number of tangible benefits.

Samantha Gore, sales manager for Brazilian estate agents uv10.com, agrees: "Brazil is very much looking forward to basking in the world's spotlight.

"With regards to real estate, it's never going to be an exact science to predict the impact of a World Cup on the property market but it can only be positive."

The expert drew comparisons with the property market in South Africa, which enjoyed price rises of 35 per cent in the run up to this year's competition.

Interest in Brazil ‘on the up’

Tue, 30 Nov 2010 00:00:00 GMT

Individuals looking for property in Brazil may be interested to learn that the country is currently the most popular in the world in terms of enquiries.

According to real estate consultancy Colodarcy, in excess of 300 requests for homes are processed every week, but difficulties obtaining finance are hampering the chances of some buyers.

"We get close to 300 enquiries for property in Brazil each week, but we have to turn 70 per cent away because the lack of finance in Brazil at this stage," Loxley McKenzie, managing director of the firm, confirmed.

"However, we urge investors to buy now if they have the capital, because we expect prices to rise by at least 20 per cent upon mortgages re-entering the market," he added.

Meanwhile, Rightmove.co.uk has claimed that as a "pure investment" location, Brazil is currently "one step ahead" of other popular countries and is one of the best destinations around the world for investment.

North-east Brazil 'has a lot to offer'

Thu, 25 Nov 2010 00:00:00 GMT

The north-east region of Brazil has much to offer visitors and has not yet been fully explored, it has been claimed.

That is the view of the Brazilian Tourist Office which noted that many visitors tended to go for the more traditional destinations of Iguassu Falls, Rio, Sao Paulo, Salvador and the Amazon.

However, Glauco Chris Fuzinatto, UK and Ireland director at the office, suggested that the north-eastern region offered much to visitors.

"It's an area that has got so much to offer from luxury, to backpackers, sun and beach, culture, sports events [and] pleasure, it's an amazing part," he added

"The north-east has got a lot more potential to grow, as well as Brasilia and maybe some parts to the south. We haven't even touched the potential of the Brazilian tourism industry."

Individuals looking to buy property in Brazil may want to take note of the comments, with it likely to become more popular with tourists.

Brazil is 'one step ahead' as an investment destination

Sat, 20 Nov 2010 00:00:00 GMT

Brazil is currently one of the best destinations around the world for investment, according to one property portal.

Rightmove.co.uk has claimed that as a "pure investment" location, the market was currently "one step ahead" of other popular countries.

Robin Wilson, head of the company's overseas division, explained that the Latin American destination was creating a "lot of buzz" thanks to its burgeoning economy and size.

"Its size and burgeoning economy do put it a step ahead of the investment pack, but regardless, buyers must go into it with eyes wide open, do their research and treat it as long-term investment," he explained.

Meanwhile, those looking to purchase property in Brazil may be interested to learn that the country was ranked - alongside the United States, the Caribbean and Spain - as the most desired foreign property location in a recent survey

The Worldwide Property Group report also found that 58 per cent of people claim to currently be considering an overseas property purchase.

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.

Brazilian election result welcomed by professionals

Fri, 12 Nov 2010 00:00:00 GMT

The election of Brazil's first female president last month has been widely welcomed by professionals working in the real estate industry.

Individuals looking for property in Brazil will be encouraged to hear that many believe that Dilma Rousseff will continue to push on with reforms and incentives when she takes office in January 2011.

Programmes such as My House, My Life, as well as infrastructural programmes such as the Programme of Accelerated Growth are aimed at encouraging home ownership and should ensure that the sector continues to prosper.

"With the election of Ms Rousseff, the Brazilian property market has at least another ten years of growth," said Flavio Cabrera, of Lopes Real Estate Consultants.

"The Workers Party government was the best thing that could have happened in the history of construction in the country since it was the only ruling party that has created real incentives for the industry."

Meanwhile, according to specialist agent uv10.com, Brazil offers investors a platform for "excellent growth", but the strategy has to be right before buyers part with their money.

Development in Brazil will 'change real estate market'

Fri, 5 Nov 2010 00:00:00 GMT

Development and regeneration of parts of Brazil's second largest city is set to change the real estate market in the country.

According to the Brazilian Institute of Architecture, bidding is to begin for a facelift for parts of Rio de Janeiro.

Real estate professionals believe that the refurbishment will have a knock-on effect on property prices both in the areas where the work is to be done and in surrounding regions.

The results of a recent study undertaken by the Brazil Real Estate & Land Investment Guide show that rental figures in the city have also witnessed a rapid increase.

"People are struggling to find good rental accommodation, particularly close to the beaches in the south zone such as Copacabana, Leblon and Ipanema, property owners have therefore upped their rates which are often doubled at Christmas, New Year and during the annual carnival in February," explained Ruban Selvanayagam.

Meanwhile, the Brazilian Tourist Office recently announced that there have been an "amazing" number of visits to the country's tourism website.

Brazil is a 'popular' destination for travellers

Thu, 4 Nov 2010 00:00:00 GMT

Brazil has thriving tourist trade that lasts all-year round, it has been claimed.

According to the Brazilian Tourist Office, there has been an "amazing" number of visits to the country's tourism website, with many looking to book trips to the South American destination.

Indeed, the news is sure to interest buy-to-let investors with property in Brazil, as they will be able to benefit from the country's constant supply of tourists.

Glauco Chris Fuzinatto, UK and Ireland director at the Brazilian Tourist Office, said that the country had so much to offer visitors.

And this seems to be backed up by Lonely Planet which has recently listed Brazil as the second best destination to travel to in 2011, just behind Albania.

"People are really considering whether they should be going to Brazil now, next year or the year after," Mr Fuzinatto added.

"I am not surprised that Brazil has been named as one of the best places to go [by Lonely Planet]. It has so much to offer."

Brazil property market 'unaffected' by election

Tue, 2 Nov 2010 00:00:00 GMT

Property investors looking to buy real estate in Brazil are likely to be encouraged by news that the country's housing market will remain unaffected by the result of the recent presidential election.

Indeed, in excess of 135 million Brazilians went to the polls to elect Dilma Rousseff as successor to Luiz Inacio Lula da Silva, who was constitutionally not allowed to stand for a third term.

Felipe Cavalcante, president of ADIT Brasil - the association for real estate and tourism development - confirmed that the market would continue to perform irrespective of the result.

"The Brazil real estate market scenario is quite positive. Irrespective of who wins … Brazil's economic growth and stability will continue," he said.

"In relation to the Brazilian property market, the Minha Casa Minha Vida federal programme and the civil construction boom will carry on."

Meanwhile, according to specialist agent uv10.com, Brazil offers investors a platform for "excellent growth", but the strategy has to be right before buyers part with their money.

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 set to become a property investors ‘paradise’

Thu, 14 Oct 2010 00:00:00 GMT

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

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

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

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

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

Brazil poised for property market boom

Tue, 5 Oct 2010 00:00:00 GMT

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

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

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

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

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

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

Brazil offers visitors a 'vast range of activities'

Fri, 1 Oct 2010 00:00:00 GMT

Visitors to Brazil will be surprised at the diverse range of activities on offer in the country, it has been claimed.

According to the Brazilian Tourist Office, the country can be "so much more" than just a beach holiday, with the potential to go on safari, play golf and explore the culture.

The news is sure to interest individuals looking to buy property in Mato Grosso, with a strong tourism trade likely to be a boost for potential buy-to-let investors.

"Brazil is a great place for British tourists to travel to during the UK winter months since it is summer in the southern hemisphere," Chris Fuzinatto, UK and Ireland director at the Brazilian Tourist Office, said.

"For anyone looking for a trip to break up the winter then Brazil is perfect – you can combine safari, beaches, culture, golf and great lively cities. And it has never been easier to get there".

Brazilian tourist market 'in good shape'

Tue, 28 Sep 2010 00:00:00 GMT

Brazil has a tough tourism economy which has weathered its way through the global financial crisis, it has been claimed.

According to the Brazilian Tourism Office, the country has emerged unscathed from the recent troubles and is enjoying a surge in interest once again from travellers.

The news is sure to interest individuals looking to buy property in Mato Grosso, with a strong tourism trade likely to be a boost for potential buy-to-let investors.

Glauco Chris Fuzinatto, UK and Ireland director at the Brazilian Tourist Office, said that the success of recent festivals in the UK and forthcoming sporting events are only likely to further increase the appeal of the country.

"Brazil has a tourism economy that has got through all the turmoil in excellent shape," Mr Fuzinatto said.

"This is because Brazil benefits from a strong domestic market and foreign tourists that travel to Brazil do so for longer than average and spend more money than average, boosting the Brazilian economy."

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.