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Nordeste Invest seminar highlights Brazil's property credentials

Tuesday, June 3, 2008

The Nordeste Invest seminar, a tourist investment and real estate event which is held in the northeastern Brazilian state of Pernambuco over 50 speakers from Brazil and from overseas took part in the event.

The purpose of Nordest Invest is to show the lifestyle attractions that the region has to offer, including its golf courses, beaches and good scenery and the investment opportunities in the region. The event is promoted by the Real Estate and Tourist Development Association of the Northeast (Adit Nordeste) in association with the Brazilian Export and Investment Promotion Agency (Apex-Brasil).

The previous edition of the event attracted US$ 187.8 million in foreign investment. The Brazilian economic prospects, the impact in tourism and in the real estate market, development of residential tourism in Brazil and investment outlook in infrastructure in the Northeast are discussed in the event.

Bloomberg has recently reported that Brazil has "robust earnings growth" and that is likely to be enjoyed by overseas investors. Property experts suggested that foreign investment in the Brazilian property market is 'hotting up'.

According to property website Homes Worldwide, Brazil has seen capital growth of around 20 per cent in its property. British buyers are looking towards Brazil as the next residential property investment hotspot as they are attracted by Brazil's excellent climate, lower living costs and its emerging economy.

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posted by EstatesNewz, 11:30 PM

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