Brazil Investment: Economy
Brazilian land and property buyers should be impressed by Brazil’s recent economic performance – GDP growth in Q2 2008 was 6%. Brazil is currently enjoying a period of sustained economic stability, which is reflected in controlled inflation, a dramatic reduction in interest rates and stable finances. International financial analysts predict a very bright future for the Brazil economy with continued high growth and decreasing inflation – highly positive signs for investment in Brazil property.
Brazil has recently been acclaimed by financial analysts as one of the world’s greatest economic promises and predictions forecast that Brazil will rank among the world’s top 4 global economies by 2050. Add to this the government’s commitment to foreign investment – buying Brazil real estate is positively encouraged – along with massive expenditure in tourism, and it is clear that investment in Brazil property is a compelling choice.
Brazil Investment: Tourism Potential
Brazil is a primary holiday hot spot – major international tour operators already serve Brazil – and its popularity increases annually. Brazil received over 5 million tourists in 2007 and the 1.8 million tourists in Q1 2008 promise higher figures for 2008. The World Tourism Organisation predicts strong tourist growth over the short and medium term, and the Brazilian government is aiming for figures of 9 million annually. Short-term rentals are increasingly in demand meaning Brazil property is excellent investment, particularly in the north east in Natal where the government has earmarked investment of over US$1.8 billion in tourist amenities. Natal’s new airport, São Gonçalo, will be the largest in the region and a major factor in attracting investment to Brazil land and property.
Brazil Investment: Property Prices
Not only does Brazil offer a buoyant economy and thriving tourist industry, but investing in Brazil property is additionally attractive because of its competitive property prices. The north east region, with Natal at the forefront, has shown particularly promising returns with Knight Frank reporting a 30% increase in 2007. Brazil real estate is expected to continue to provide an excellent investment opportunity in the near future. For more information, click here for the Brazil Land and Property Investment Guide.
