Natal - Brazil
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Rio Grande du Norte
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Brazil - Fortaleza
» Jangada das Dunas
Tourism in Brazil has been up twenty percent over the last eight years and is expected to double by two thousand eight. This doubling is expected to create a huge demand for
From : €45,297
From : 79,094
From : 165,385
|resorts, vacation villas and holiday homes.
With the Brazilian government’s recent investment of millions of dollars in the country’s tourism industry they are hoping to reclaim their city and stimulate the Brazil real estate market. The Brasil property market has held steady for a number of years. The proliferation of kidnappings and murders served to halt any upward progress the housing market might have made and kept
|foreign investors at bay. The government is slowly trying to combat this negative image of the country by trying to clean up the crime in a bid to make the place more attractive to foreign investors. Their strategy seems to be working as more tourists are visiting Brazil than ever before and there had been a steady increase every year.
It is relatively easy for foreigners to purchase Brazil property and the right of freehold for foreign nationals is incontrovertible. Brazil is currently classed as an emerging market with some analysts anticipating the Brasil property market to hit an upward trend in the near future. As it stands currently, the price of Brazil real estate is relatively low. In fact, the property prices in places like Fortaleza and Ceara are so low that you can get a spacious condo on the beach for approximately forty thousand US dollars; although property prices have gone up by about twenty percent since last year.
There is presently a housing shortage in Brazil and shrewd investors might turn this to their advantage. By investing in residential projects foreign investors will not only have a huge market of locals ready to buy into their developments, but they will be providing housing to millions of people who would love to have their own place, but cannot due to a lack of Brazil real estate initiatives.
Brazil is a hot and sizzling country where Portuguese influences permeate a population pulsating with rhythm, joy and a zest for life. With the government initiatives towards boosting tourism and curbing crime, the Brasil property market is certain to have a bright future. Savvy investors will already start looking to invest in this vital and vibrant market before the real estate prices shoot up. Commercial contractors will also do well to consider developing holiday resorts and other vacation homes for the tourist boom that is just around the corner.
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