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Best Investment Opportunities in North East Brazil

North east Brazil is yet again tipped as a top Brazilian investment location. The region's strong economy and population growth point to excellent opportunities in many areas, particularly real estate investment.

Brazil as a whole is enjoying buoyant economic growth and around 4% GDP is expected this year. But things in north east Brazil are even better with analysts predicting 5% growth in this part of the country. Hand-in-hand with this booming economy goes a growing population as the strong job market attracts Brazilians to the area.

Strong Drivers for Investment

North east Brazil therefore brings together several fundamentals for investment opportunities. Increased purchasing power from higher wages and better employment possibilities plus more people migrating to the area make for major demand drivers, particularly in Brazilian real estate.

The demand is so powerful that some experts in the Brazilian property market tip the north east as the best location for investments in real estate in Brazil outside the metropolitan areas of Sao Paulo and Rio de Janeiro. This is especially true for investors looking for medium-term investment in property.

Obelisk International fully recognises this potential with its Brazilian investments fully focused on this part of Brazil. Company market research has identified middle class C as a particularly promising market in the states in north east Brazil. Obelisk International is participating in the Minha Casa Minha Vida social housing programme with projects aimed at the lower and central tiers of Class C.

North East Brazil Equals High Returns

In a recent interview in the business weekly Exame, an expert in Brazilian real estate valuation, Marcos de Oliveira, Director of Consul Sheet said he is convinced that for property investment returns, Brazil has no area to match the north east. He bases this on the strong demand drivers in the area and the recent track record of property in Brazil's north east.

"Ten years ago, land was fetching little more than R$1 per square metre," said Mr Oliveira, "and asking prices are now more like R$300." This 300% rise in land prices leads Mr Oliveira to believe the region has extremely promising prospects for investment opportunities over the medium term. Obelisk International shares this belief and fully expects prices to continue to rise over the next decade.

"For many investors, Brazilian investment opportunities are contained in Rio and Sao Paulo," says Gary Hardacre, CEO of Obelisk International. "However, we believe that the best returns are elsewhere where the Brazilian real estate markets are more stable and less influenced by international investors. For Obelisk International, the best place to be when it comes to property in Brazil is the north east."

Contact Obelisk International on 0034 952 820 319. Via email: info@obeliskinternational.com or visit our website: http://www.obeliskinternational.com/.    

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