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Santa Catarina's charms and assets attracts savvy investors

Thursday, October 2, 2008

The news of booming business could be of interest to overseas investors considering making an investment into Brazilian property markets and those in Santa Catarina in particular, according to reports.

The sales of industry in the state have gone up by more than ten per cent in the last 12 months, which gives the hint of the booming economy of the state. The federation of industrial operators in the state has revealed that the scale of the use of pre-installed manufacturing equipments gone up by 83.3 per cent during the year prior to the end of June. According to Agencia CNI reports, in other South American countries businesses have seen some of their costs increase as a result of the global economic turmoil; but that doesn't seem to affect Brazil as demand for Brazilian property continues to grow.

Santa Catarina economy continues to flourish with its tourist trade growing at an incredible rate. The region's reputation for eco-tourism and a high standard of living makes this sunshine state as a 'must visit' destination. As a result of Santa Catarina's rising popularity, insightful investors are making in-roads into Santa Catarina's property market in areas such as Joinville and the capital city, Florianopolis.

This comes after the news that the Brazilian Association of Real Estate and Savings Institutions' claims that the market has recorded positive growth every year since 2001.

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posted by EstatesNewz, 3:46 AM

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