Buying a Brazilian property could be an "exceptional investment" chance, according to an expert.

HomesGoFast.com conducted a survey of over 1,000 visitors which showed that simply having a second home was the second most popular reason for getting into overseas property, while relocation and retirement also featured in the research. Nicholas Marr, chief executive officer of HomesGoFast.com, said that International real estate is simply another vehicle for investors seeking to maximize their returns and may account for the popularity of emerging markets such as Brazil and Egypt.

Javier Fernandez-Pena, executive chairman at Spanish construction company Confide Brasil, said that international investors will soon be looking closely at Brazilian property as it is starting to be seen as a fashionable country. He also commented that in the short term, construction work on resorts in the South American country was going to be reliant on internal investors and the number of people looking into property in Brazil is likely to rise "dramatically".

However, Mr. Simcox, sales and business development manager at the International Homes Network suggested that investors need to look at the future management of each property that they buy. "It is going to be an armchair investment so people back in the UK need to make sure that everything is in place to ensure that that property ticks over quite nicely and yields well for them. The capital appreciation will take care of itself," he added.

As well as Rio de Janeiro is set to be a property hotspot in the coming years, with the city hosting the Olympic Games in 2016, while the 90,000 seat Maracana stadium is also expected to host the football World Cup final when the country hosts the event in 2014.

Labels: Buying-property, Investment-property

Brazilian property could be a great investment, after experts have predicted other countries investment prices continue to rise.

According to research from the Global Property Guide, house prices are set to increase in Switzerland, Norway, New Zealand, Portugal and Sweden, making Brazilian real estate more attractive to investors. In RP Data-Rismark's National Home Value Index, house prices in Australia increased by 11.3 per cent in the first 11 months of 2009, possibly forcing people to look towards looking investing in Brazilian property.

The current global economic crisis has had an effect on international property investment, with some areas either struggling or flourishing because of the strength of their currency. Property in Brazil could be one of the top areas to invest in over the coming years as it has one of the world's "healthiest economic growths".

The reports are backed up by Paul Fenelle, a regular visitor to Brazilian property for investment purposes, said that with tourist zones in the north east of the country improving in safety, the mounting market for holiday, residential and rental property could prove to be an "exceptional investment". The region’s stunning beaches, moderate tropical climate and cheap properties make it an excellent location for Brazilian real estate investment.

In related news, Building.co.uk has also commended on the country's investment potential, saying that the 2016 Olympics and the 2014 World Cup will make Brazilian property more attractive. The source added that the international competitions will "boost the country's already blossoming market", with the IMF predicting the GDP will grow by 2.5 per cent as a result.

Labels: Investment-property, Market-Trends

People looking to invest their money in Brazilian property should travel to some of the lesser-known places and a recent visitor has said that the area of Lencois provides a "great location" for real estate investors.

According to Gringoes.com, Travel writer Alison McGowan stayed in the Alcino Estalagem hidden pousada recently and gave the area a glowing review. She said that Lencois is the main town in the Chapada Diamantina … outside high season, it maintains a well preserved colonial atmosphere with very little traffic and cafes where tourists can sit and drink and chat or work without worrying when they might say it's time to leave.

Lencois, a county in the state of Bahia, Brazil, lies in the diamond highlands. Ms McGowan also commented that as it was once the business centre of the Brazilian diamond trade, the colonial buildings show off a wealth "beyond dreams".Sight-seeing in Lencois consists of all natural activities. Tourists can explore caves, swim in natural pools and waterfalls, and mountain bike old miner tracks. The Chapada Diamantina National Park is one of the most fascinating natural parks Brazilians. The mountainous landscape harbors an extraordinary variety of ecosystems. The Brazilian property expert recommended the trips to Poco Azul and the caves of Lapadoce and Torrinha is 'a must' for adventure lovers.

Meanwhile, Evan Soroka,moved to Brazil eight years ago and told the website that some of the smaller Brazilian property locations "are magical".

Labels: Market-Trends

Interest rates are kept at record low for Brazilian property owners, Brazilian monetary policymakers held the country's benchmark interest rate at 8.75% which have been maintained for the third successive bank meeting.

The interest-rate decision arrived ahead of report on third-quarter gross domestic product. Economists polled by Dow Jones Newswires expect expansion of 1.9% from the second quarter, and a decline of 0.3% from the third quarter of 2008. Latin America's largest economy continued to bounce back from the shrinking GDP figures recorded in the fourth quarter 2008 and first quarter this year. The Growth has been fueled by an aggressive monetary easing cycle, hikes to government spending and tax cuts on consumer goods.

The central bank slashed a cumulative 500 basis points off the benchmark interest rate this year in an effort to help jump start the then-flagging economy. The central bank's Copom rate-setting panel once again maintained the Selic at 8.75%. The panel, however, altered its statement that hinted at sooner-than-expected rate increases.

"The country is still on a growth trajectory, but it's a more moderate growth, and also more balanced," said Newton Rosa, an economist at the Sao Paulo-based Sulamerica Investimento fund. "But this has a positive side in that it shouldn't put pressure on the central bank to raise interest rates in the short term," he added.

Meanwhile, Brazil's government said it will lend an additional $80 billion reais ($45.3 billion) to the national development bank over the next two years to boost investment and pushing ahead with spending on infrastructure and new Brazilian property.The measures have increased consumers' access to credit and increased confidence. The government will also extend 369 million reais ($208 million) worth of tax breaks on capital goods items until June 2010 and authorize private banks to raise cash via the issuance of debentures, Brazil's Finance Minister Guido Mantega added.

According to Brazil's census bureau, Family consumption rose 2.0% quarter-on-quarter, while government consumption also increased 0.5% in the third quarter. They reported an uptick in November consumer prices. In More good news for investors, the annual inflation rate currently runs at 4.22%, below the government's target of 4.5. Economists expect inflation to remain below the target, not only in 2009 but also 2010.

Labels: Latest-News

Dubai's Jumeirah Group plans to open its first hotels in Brazil after witnessing the country's recent economic growth and the 2014 World Cup and 2016 Olympic games generate demand, according to a report.

James Erlacher, senior vice president of development for the Americas at the Dubai-based Jumeirah Group, said that the time is right now for them to be entering the Brazilian market, according to Bloomberg newswire reports. Jumeirah's priority is to operate hotels in Sao Paulo and Rio de Janeiro, Brazil's biggest cities, and it's also considering resorts "primarily in the northeast part of the country," Erlacher said.

Famed for its Four Seasons hotels, they expect to reach agreements with developers of three projects in the next 18 months, including hotels in Sao Paulo and Rio and a beach resort while the north-eastern part of the country may also be targeted, Alinio Azevedo, the chain’s director of development for South America and the Caribbean said in an interview. He added that the number one attraction for the group is to really understand the wealth creation that has happened in Brazil in the last eight to 10 years.

According to Tourism Minister, Luiz barreto, further strengthening of the Brazilian real, which has rallied 34 percent this year against the dollar, the most of any major currency, may drive away foreign visitors to Rio before it hosts the 2016 Olympics. The real's gains have been driven in part by investors buying stocks and bonds on prospects the country is among those emerging fastest from the global financial crisis. In more good news for Overseas property investors, Economists surveyed by the central bank predicted GDP will expand 0.2 percent this year and 5 percent in 2010, according to the median estimate.

Meanwhile, Brazil won an investment-grade rating from Moody's Investors Service putting it one level above high- yield or junk at all three major ratings companies. Moody’s cited Brazil’s "strong economic and financial resilience" during the worldwide slowdown.

Labels: Investment-property, Tourism

With the Olympics set to take place in 2016 and the World Cup even sooner in 2014, Brazil is getting a lot of positive attention at the minute. And it seems that there are plenty of reasons for the country t hot property in 2010, according to an industry expert.

Nick Marr, chief executive officer of HomesGoFast.com, said that the construction and infrastructure upgrade works in the country ahead of the 2016 Olympic Games will help to boost real estate sales. The upcoming football World Cup in 2014 will also see a boom in infrastructure investment, with 12 host cities seeing new sporting facilities being upgraded or constructed. The South American country has been tipped ahead of France and the US as the place to invest next year.

Mr. Marr added that Brazil would be the number one place for investors and it is the place generating most interest. The great thing about Brazil is that investors have good exit opportunities with local and overseas buyers to sell to when the time comes. He also advised that people should look at properties in Natal, Bahia, Rio Grande do Norte and Ceara as the most favourable investment areas.

According to The Organization for Economic and Development Cooperation (OEDC), Brazilian property owners will experience robust growth of the country's economy in 2010 and 2011. The Organization has predicted that the country will see growth of around 4.5 per cent, performing better than other nations.

A report from the organization suggested that next year "the government could begin to roll back budget incentives as the economy consolidates". The predictions are an improvement on earlier ones, which estimated 0.8 per cent growth in 2009 and four per cent in 2010.

Labels: Latest-News, Market-Trends

Located in southern Brazil between the states of Paraná and Rio Grande do Sul, Santa Catarina has much to offer travelers with its stunning beaches and numerous activities to be enjoyed by holidaymakers lucky enough to make it to the region.

Less than an hour's flight from Sao Paolo, This small Brazilian state, with a little more than 6 million residents, unites within its diversity of scenery and people that marvels visitors. From white sand beaches, tropical forests and snowy mountains to Azorean fishermen, Italian farmers, and German industrialists, this is a land of beautiful, sharp and fascinating contrasts.

The states economy also has its share of contrasts as a strong agriculture, based on small farms, shares space with an active industrial park, the fourth largest in Brazil. Large companies and thousands of small businesses are spread across the state, linked to consumer centers and ports by an efficient highway grid. These roads also boost tourism, a natural vocation of this small state, now the nation's third largest tourist center.

There are 500 km of beaches, lined by mountains, lagoons, rivers and the enthusiastic Atlantic Coastal Forest. From the quiet Babitonga Bay, on the Paraná border, to the long stretch of open sea at Ararangua, the curtain rises on fascinating scenery of pristine waters, white sands and natural beauty. The Beto Carreiro World theme park, in the municipality of Balneario de Penha, is the largest tourist attraction of the region, together with the fantastic beaches and the historic heritage of Sao Francisco do Sul.

Although it occupies little more than 1% of the Brazilian territory, Santa Catarina excels on the national scene, and not only for its cultural, ethnic and geographic diversity, but also for its privileged location in relation to the countries of Mercosur, represent an huge potential for the affirmation of the state as one of the principal tourist destinations in the country. A breathtaking coast line, established tourist attractions such as Florianopolis, Balneario Camboriú and Blumenau, gorgeous mountains, and a complete circuit of festivals entice the tourists. With these attractions the state receives some 4 million tourists per year, a number that is constantly growing.

Eco-tourism, the fastest growing tourist sector worldwide, offers the best potential for Santa Catarina and attracts a growing contingent of nature sports lovers, for mountain climbing to hiking, mountain biking to rafting with canoeing, paragliding and scuba diving facilities all nearby, while in the winter, pine trees covered in snow high up in the mountains and then the well preserved Atlantic Coastal Forest attract nature lovers. This trend can turn the region into a new world center of eco-tourism, a vocation that seems to have been especially planned for this land, that has the name of a saint and which is blessed by nature.

Labels: Environment-friendly, Santa-Catarina