Tourist trade hits a record high in Brazil
Saturday, May 31, 2008
The Brazil-Arab News Agency has cited the official data from the Brazilian Central Bank which revealed that till November 2007, foreign visitors spent £2.3 billion in the country. This is an all-rime record and it is 3.89% increase when compared to the same period in the previous year.
According to Embratur, the country's tourism institute has said that the tourist market has grown by 15.22 per cent in the last year.
The overall increase in visitor numbers was found to have had a positive impact on tourism revenue. This could potentially boost its appeal among foreign property buyers, predominantly those who want to invest in rental accommodation aimed at tourists.
Brazilian government is actively trying to attract overseas investors through various means, such as campaigns to promote tourism and investing in infrastructure improvements. Brazilian tourist authorities launched a $6 million promotional campaign in 2007 in various media, including print publications and the internet.
Foreign Property Buyer website has recently stated that Brazil tourist market is on the rise and the increasing house prices make it ripe for investment. The website has suggested that promising holiday resorts would be particularly good options for investment in rental accommodation.
Furthermore, football World Cup in 2014 which is hosted by Brazil is likely to raise the profile of the country, potentially resulting in numerous economic benefits.
Social BookmarkingAccording to Embratur, the country's tourism institute has said that the tourist market has grown by 15.22 per cent in the last year.
The overall increase in visitor numbers was found to have had a positive impact on tourism revenue. This could potentially boost its appeal among foreign property buyers, predominantly those who want to invest in rental accommodation aimed at tourists.
Brazilian government is actively trying to attract overseas investors through various means, such as campaigns to promote tourism and investing in infrastructure improvements. Brazilian tourist authorities launched a $6 million promotional campaign in 2007 in various media, including print publications and the internet.
Foreign Property Buyer website has recently stated that Brazil tourist market is on the rise and the increasing house prices make it ripe for investment. The website has suggested that promising holiday resorts would be particularly good options for investment in rental accommodation.
Furthermore, football World Cup in 2014 which is hosted by Brazil is likely to raise the profile of the country, potentially resulting in numerous economic benefits.
posted by EstatesNewz, 11:43 PM
0 Comments
|
Brazilian trillion-dollar stock market reflects its economic strength
Wednesday, May 28, 2008
The rate of economic growth in Brazil is getting higher and this could help to enhance the appeal of the country among those who are planning to buy property for sale in Brazil.
Last year Brazil has become the first Latin American country to have reached the value of $1 trillion (£502 billion) in the stock market. Brazil is now in the elite grouping of 15 countries with trillion-dollar stock markets.
The property market was recently recommended to potential buyers by independent analysts Amberlamb. It praised Brazil for offering "fantastic fiscal fundamentals" to overseas property buyers. Soaring local interest rates and bond yields are drawing investors to the Brazilian market. Brazil enjoys economic growth despite the downturn in the global marketplace. This fact may also be of interest to those who are interested in property for sale in Brazil.
Fabio Spinola, a fund manager with Quest Investmentos, told the Bloomberg news agency that Brazil provides strong growth opportunities. Asset manager Ian Cao of Rio-based Icatu Hartford predicted that a strengthening to 1.60 real (Brazilian currency) per dollar could happen soon due to the strong economic climate in Brazil.
The booming economy is driving property prices upwards and offers property buyers the chance for strong returns on their investment. Recently Mirror highlighted Brazil as a good place to invest, mainly due to its excellent climate, booming economy and unbelievably cheap property prices.
Social BookmarkingLast year Brazil has become the first Latin American country to have reached the value of $1 trillion (£502 billion) in the stock market. Brazil is now in the elite grouping of 15 countries with trillion-dollar stock markets.
The property market was recently recommended to potential buyers by independent analysts Amberlamb. It praised Brazil for offering "fantastic fiscal fundamentals" to overseas property buyers. Soaring local interest rates and bond yields are drawing investors to the Brazilian market. Brazil enjoys economic growth despite the downturn in the global marketplace. This fact may also be of interest to those who are interested in property for sale in Brazil.
Fabio Spinola, a fund manager with Quest Investmentos, told the Bloomberg news agency that Brazil provides strong growth opportunities. Asset manager Ian Cao of Rio-based Icatu Hartford predicted that a strengthening to 1.60 real (Brazilian currency) per dollar could happen soon due to the strong economic climate in Brazil.
The booming economy is driving property prices upwards and offers property buyers the chance for strong returns on their investment. Recently Mirror highlighted Brazil as a good place to invest, mainly due to its excellent climate, booming economy and unbelievably cheap property prices.
Labels: Economy, Overseas-property
posted by EstatesNewz, 11:14 PM
0 Comments
|
The HiFX propose Brazil as the next property hotspot
Monday, May 26, 2008
The latest HiFX Global Property Hotspots Report revealed that curio in buying properties in emblematic euro destinations such as France and Spain is fading as a number of British investors are being hit by the weakness of the pound against the euro. Mark Bodega, Director from HiFX has said that Sterling weakened drastically against the euro recently and touched an all-time low of 1.2344 in April. This has considerably augmented the cost of property for people buying in sterling.
Overseas property investors are thinking of the price increase that result from the strong euro would be offset by purchasing properties in emerging property markets like Brazil. The HiFX Global Property Hotspots Report also reveals rising interest in emerging markets such as Brazil, panama and Egypt.
NuBricks.com recently stated that Brazil is enjoying strong growth despite the current credit crunch. According to the website, Brazil could offer perfect conditions for overseas property investors as its tourism industry is currently undergoing major expansion. Experts consider Brazil is the "perfect" market for those who want a steady and reliable long-term investment. Mr. Lewis, a director of Savills, said that house prices across the country are expected to climb by at least eight per cent in 2008, although in some areas growth of up to 20 per cent is predicted.
Overseas Investors are being boosted by a strong economic climate in Brazil and it is likely to experience a further economic boost before 2014 when its hosts the football World Cup.
Social BookmarkingOverseas property investors are thinking of the price increase that result from the strong euro would be offset by purchasing properties in emerging property markets like Brazil. The HiFX Global Property Hotspots Report also reveals rising interest in emerging markets such as Brazil, panama and Egypt.
NuBricks.com recently stated that Brazil is enjoying strong growth despite the current credit crunch. According to the website, Brazil could offer perfect conditions for overseas property investors as its tourism industry is currently undergoing major expansion. Experts consider Brazil is the "perfect" market for those who want a steady and reliable long-term investment. Mr. Lewis, a director of Savills, said that house prices across the country are expected to climb by at least eight per cent in 2008, although in some areas growth of up to 20 per cent is predicted.
Overseas Investors are being boosted by a strong economic climate in Brazil and it is likely to experience a further economic boost before 2014 when its hosts the football World Cup.
Labels: Buying-property, Market-Trends
posted by EstatesNewz, 3:35 AM
0 Comments
|
Brazil set to become the 'next Spain'
Sunday, May 25, 2008
The real estate in Brazil is creating numerous opportunities for overseas property investors, according to experts.
Resort Group International has said developers who had been occupied in the Spanish market are now looking for Brazil with the objective of exploring the real estate sector there.
Brazil is recommended as an alternative to Spanish property because the property market in Brazil has not yet been tapped into and it qualifies as an emerging market. However, it offers excellent infrastructure and with abundant supply of natural resources. Brazil also offers highly desirable surroundings and good quality facilities at a relatively cheap price. The property market is boosted by fast-growing tourist infrastructure, whereas property prices have yet to shoot up, making it perfect for today's investors.
Accounts manager Lawrie Smith of Resort Group International has said that Brazil has the similar attributes to Spain and offers an incredible mixture of attractions as it has fabulous sandy beaches, an incredible climate and hospitable people. However, it offers comparatively cheap properties, which means investors could potentially grab a bargain. Besides, the growth in the market that is presently taking place would allow buyers to profit from healthy capital appreciation
Recently Foreign Property Buyer said Brazil is "worth a look" as Brazil has booming tourist market and demand for rental accommodation would be always on the rise.
Social BookmarkingResort Group International has said developers who had been occupied in the Spanish market are now looking for Brazil with the objective of exploring the real estate sector there.
Brazil is recommended as an alternative to Spanish property because the property market in Brazil has not yet been tapped into and it qualifies as an emerging market. However, it offers excellent infrastructure and with abundant supply of natural resources. Brazil also offers highly desirable surroundings and good quality facilities at a relatively cheap price. The property market is boosted by fast-growing tourist infrastructure, whereas property prices have yet to shoot up, making it perfect for today's investors.
Accounts manager Lawrie Smith of Resort Group International has said that Brazil has the similar attributes to Spain and offers an incredible mixture of attractions as it has fabulous sandy beaches, an incredible climate and hospitable people. However, it offers comparatively cheap properties, which means investors could potentially grab a bargain. Besides, the growth in the market that is presently taking place would allow buyers to profit from healthy capital appreciation
Recently Foreign Property Buyer said Brazil is "worth a look" as Brazil has booming tourist market and demand for rental accommodation would be always on the rise.
Labels: Latest-News, Market-Trends
posted by EstatesNewz, 2:28 AM
0 Comments
|
Brazil popular with Canadian tourists
Friday, May 23, 2008
Official Figures revealed that arrival of tourists from Canada in Brazil have risen enormously in the last few years. The popularity of Brazil with vacationers is having a positive financial impact on the region. Besides, it has become very popular with Canadian expatriates who wish to live abroad on a permanent basis.
Air Canada Vacations has said that Brazil is one of this year's tourist hotspots and most attractive locations. Doug Vogl, director of international development at the company revealed this recent trend of Canadians traveling to Brazil for vacation. In an interview to Canada.com, he added that the firm was reacting to this demand by increasing its Brazilian programme this year.
Air Canada Vacations has said that Brazil is one of this year's tourist hotspots and most attractive locations. Doug Vogl, director of international development at the company revealed this recent trend of Canadians traveling to Brazil for vacation. In an interview to Canada.com, he added that the firm was reacting to this demand by increasing its Brazilian programme this year.
Brazil is benefiting from the improved international connectivity, high tourist trade, housing market growth, and growing interest from overseas property buyers. Tourism has been the prominent factor that has encouraged investors to buy property for sale in Brazil. This means that rental accommodations in popular Brazilian tourist hotspots are becoming more and more sought-after by tourists. The increased occupancy rates due to booming tourism will result in high rental yields. Additionally, the growing interest and demand will have the effect of boosting property values.
Liam Bailey, head of residential research at the property consultancy, anticipated investors in Brazil would see "substantial wealth creation" in the next decade. Earlier property website Homes Worldwide has said that Brazil has seen capital growth of around 20 per cent in its property last year.
Liam Bailey, head of residential research at the property consultancy, anticipated investors in Brazil would see "substantial wealth creation" in the next decade. Earlier property website Homes Worldwide has said that Brazil has seen capital growth of around 20 per cent in its property last year.
Labels: Holiday-rentals, Tourism, Travel
posted by EstatesNewz, 10:53 PM
0 Comments
|
Obelisk Says Brazil provides rich pickings for overseas investors
Tuesday, May 20, 2008
Morgan Stanley's Emerging Markets Index has now reported that the Brazil as the next residential property investment hotspot. Brazil has a rapidly growing economy and is becoming especially popular with overseas investors.
Brazil is one of the few energy-independent countries in the world; they have the largest supply of fresh water in the world and the recent the discovery of oil reserves gives the country added income opportunities. Brazil is blessed with abundant supply of natural resources. All these factors combined with good tourist trade and the fabulous climate makes Brazil as a good prospect for investment
The recent economic changes taking place in the Brazilian market, stable government and strengthening of their currency are creating huge ripples in the property market.
James Gonzalez, Market Analyst at Obelisk has said that Brazil has become a highly appealing option for overseas property investors and the news of hosting football World Cup in 2014 is also driving up property prices in many places. Brazil could prove to be a wise investment choice for anyone looking for an overseas property purchase.
Social BookmarkingBrazil is one of the few energy-independent countries in the world; they have the largest supply of fresh water in the world and the recent the discovery of oil reserves gives the country added income opportunities. Brazil is blessed with abundant supply of natural resources. All these factors combined with good tourist trade and the fabulous climate makes Brazil as a good prospect for investment
The recent economic changes taking place in the Brazilian market, stable government and strengthening of their currency are creating huge ripples in the property market.
Obelisk believes that the commencement of new credit facilities for example personal loans and mortgage lending are pushing up house prices in both the domestic and commercial sectors.The property and land prices are rising but still affordable and investors in rental properties could expect returns of about six to seven per cent a year.
James Gonzalez, Market Analyst at Obelisk has said that Brazil has become a highly appealing option for overseas property investors and the news of hosting football World Cup in 2014 is also driving up property prices in many places. Brazil could prove to be a wise investment choice for anyone looking for an overseas property purchase.
Labels: Investment-property, Latest-News
posted by EstatesNewz, 4:49 AM
0 Comments
|
Upgrade in Brazil credit rating boosts property market
Saturday, May 17, 2008
NuBricks.com has reported that overseas property investors are interested at the Brazilian property market following the news that the country's credit rating has been upgraded. Standards and Poor's rating service upgraded Brazil's credit rating to triple-B-minus to the investment grade.
The recent change from junk bond status to investment grade will persuade more investors into the Brazilian credit market and Brazil may be set to attract further interest from overseas property buyers during the next few months. The credit rating allows the government to raise finances on much more competitive terms and there is great potential for capital growth. A better credit rating reduces deal costs for the Government with the spin-off of stimulating the wider economy.
The impact of improved credit rating on the Brazilian property market is the increased demand for residential property in Brazil's principal cities and the Brazilian property companies would have the opportunity to raise finance on better terms which will have a great impact upon the overall cost of its properties. Lower property prices and increasing demand in the property market are sure to be noted by local and overseas investors.
Recently Brazil was praised by the Times for offering a stable economy, established political system and an expanding housing market.
The recent change from junk bond status to investment grade will persuade more investors into the Brazilian credit market and Brazil may be set to attract further interest from overseas property buyers during the next few months. The credit rating allows the government to raise finances on much more competitive terms and there is great potential for capital growth. A better credit rating reduces deal costs for the Government with the spin-off of stimulating the wider economy.
The impact of improved credit rating on the Brazilian property market is the increased demand for residential property in Brazil's principal cities and the Brazilian property companies would have the opportunity to raise finance on better terms which will have a great impact upon the overall cost of its properties. Lower property prices and increasing demand in the property market are sure to be noted by local and overseas investors.
Recently Brazil was praised by the Times for offering a stable economy, established political system and an expanding housing market.
Labels: Latest-News, Market-Trends, Mortgage
posted by EstatesNewz, 12:10 AM
0 Comments
|
World Bank loan to Brazil boosts property market
Saturday, May 10, 2008
Overseas investors considering buying property in Brazil could be interested to hear the news of the high rate of economic growth in Brazil and a $7 billion (£3.5 billion) loan by the World Bank for improving the infrastructure. Meanwhile, Ignacio Goni, the head of Latin American research for Riedel Research Group has revealed that Brazil was a very attractive place to be for investors in most sectors.
The Brazilian press has reported that last week in Washington DC the Executive Board of International Bank for Reconstruction and Development (IBRD) approved the deal.
IBRD has stated that almost 70% of the financing should be made available to state governments for priority projects and the Growth Acceleration Programme. Overseas investors are planning to buy property for sale in Brazil will be increased as the infrastructure improvements across the country would indirectly support investors by raising the appeal of certain locations.
The recent surge of tourists would kick-start growth in the Brazil economy, with the holiday industry being the key player. The burgeoning tourist trade are driving property prices upwards and offers investors the chance for strong returns on their investment.
Louise Brown on an interview to The Telegraph has said that foreign property buyers would be able to enter the market at a relatively low price, since it is considerably cheap to invest in Brazil at the moment. Property Frontiers said that property and land prices are rising but still reasonably priced and investors in rental properties could expect returns of about ten per cent a year.
Social BookmarkingThe Brazilian press has reported that last week in Washington DC the Executive Board of International Bank for Reconstruction and Development (IBRD) approved the deal.
IBRD has stated that almost 70% of the financing should be made available to state governments for priority projects and the Growth Acceleration Programme. Overseas investors are planning to buy property for sale in Brazil will be increased as the infrastructure improvements across the country would indirectly support investors by raising the appeal of certain locations.
The recent surge of tourists would kick-start growth in the Brazil economy, with the holiday industry being the key player. The burgeoning tourist trade are driving property prices upwards and offers investors the chance for strong returns on their investment.
Louise Brown on an interview to The Telegraph has said that foreign property buyers would be able to enter the market at a relatively low price, since it is considerably cheap to invest in Brazil at the moment. Property Frontiers said that property and land prices are rising but still reasonably priced and investors in rental properties could expect returns of about ten per cent a year.
Labels: Buying-property, Investment-property
posted by EstatesNewz, 11:12 PM
0 Comments
|
Investors snap up property in North-east Brazil
Gulf Weekly has reported that Brazil is enjoying strong growth, political stability and strong trade relations with other nations so foreign investors have been encouraged to consider purchasing property for sale in Brazil particularly in north-east Brazil. The north-east region has become a major of hotspot for holiday home buyers and expats.
Brazil's tourism industry is presently concerned in a major marketing drive; NuBricks.com has anticipated that it could offer ideal conditions for overseas property investor.
Some regions of north-east Brazil is very much an overseas property hotspot of untapped potential, including parts of the state capital Joao Pessoa. The International Property Investment Network (IPIN) has said that it offers good infrastructure, highly desirable surroundings and good quality facilities at a relatively cheap price. North-east Brazil is boosted by an advanced and fast-growing tourist infrastructure, while property prices are yet to shoot up, making it ideal for today's investors.
Property experts consider North-east Brazil is a myriad of natural and very advanced attractions that have been greatly underdeveloped. Recently Brazil was praised by the Times for offering a booming economy, unwavering political system and an expanding housing market.
Mr. Lewis, a director of Savills believes that house prices across Brazil are expected to rise by at least eight per cent in 2008, although some areas could see growth of up to 20 per cent.
Social Bookmarking
Brazil's tourism industry is presently concerned in a major marketing drive; NuBricks.com has anticipated that it could offer ideal conditions for overseas property investor.
Some regions of north-east Brazil is very much an overseas property hotspot of untapped potential, including parts of the state capital Joao Pessoa. The International Property Investment Network (IPIN) has said that it offers good infrastructure, highly desirable surroundings and good quality facilities at a relatively cheap price. North-east Brazil is boosted by an advanced and fast-growing tourist infrastructure, while property prices are yet to shoot up, making it ideal for today's investors.
Property experts consider North-east Brazil is a myriad of natural and very advanced attractions that have been greatly underdeveloped. Recently Brazil was praised by the Times for offering a booming economy, unwavering political system and an expanding housing market.
Mr. Lewis, a director of Savills believes that house prices across Brazil are expected to rise by at least eight per cent in 2008, although some areas could see growth of up to 20 per cent.
Labels: Overseas-property, Tourism
posted by EstatesNewz, 12:20 AM
0 Comments
|
Brazil tipped to be property hot spot by US Billionaire Sam Zell
Tuesday, May 6, 2008
Brazilian real estate made the headlines as a great place to invest in the property market. This time Brazil is backed by the US Billionaire, real estate investor and entrepreneur Sam Zell.
Zell told the Milken Institute Global Conference that Brazil has the chance 30 years from now of being a bigger economic power than China. His comments are backed up by positive economic growth ensuring growing demand across all sectors of the population for property and with continued foreign direct investment pouring in to Brazil.
Zell said the Brazil's multi-skilled work force; array of crops and depth of natural resources has made it largely self-sufficient. Sam Zell's Equity Group Investments, LLC, recently invested $44.5 million in the ECISA Group, Brazil’s largest mall operator, which is having 10 % retail growth annually.
Goldman Sachs is also tipping Brazil on the course to be the 5th largest economy in the world. Brazil’s economy is strong and economic growth is predicted to be 4.8% GDP this year.
Sam zell’s Equity International Properties, Ltd has invested approximately US$50 million in Gafisa, a leading Brazilian property company based in Sao Paulo. Gafisa is a fully-integrated property and construction company, developed more than 800 residential buildings. Carlos Medeiros, one of the Gafisa director said that this partnership will bring many benefits to Gafisa and also to the Brazilian real estate market.
Zell told the Milken Institute Global Conference that Brazil has the chance 30 years from now of being a bigger economic power than China. His comments are backed up by positive economic growth ensuring growing demand across all sectors of the population for property and with continued foreign direct investment pouring in to Brazil.
Zell said the Brazil's multi-skilled work force; array of crops and depth of natural resources has made it largely self-sufficient. Sam Zell's Equity Group Investments, LLC, recently invested $44.5 million in the ECISA Group, Brazil’s largest mall operator, which is having 10 % retail growth annually.
Goldman Sachs is also tipping Brazil on the course to be the 5th largest economy in the world. Brazil’s economy is strong and economic growth is predicted to be 4.8% GDP this year.
Sam zell’s Equity International Properties, Ltd has invested approximately US$50 million in Gafisa, a leading Brazilian property company based in Sao Paulo. Gafisa is a fully-integrated property and construction company, developed more than 800 residential buildings. Carlos Medeiros, one of the Gafisa director said that this partnership will bring many benefits to Gafisa and also to the Brazilian real estate market.
Labels: Investment-property, Latest-News, Sao Paulo
posted by EstatesNewz, 1:18 AM
0 Comments
|
Brazilian property investment fuelled by the discovery of oil
Friday, May 2, 2008
Petrobras, Brazil's state-controlled oil company has discovered in the Santos Basin in the southeast of the country around eight billion barrels of light oil, which could catapult Brazil on the map as a major exporter of oil. The oil resource which was found in the Tupi field could represent 40 per cent of the total oil reserve in Brazil and affords a huge economic boost for Brazil. These oil and gas discoveries in the last 3 months off the coast of Rio de Janeiro will make Brazil break into the top ten list of oil producing nations.
Business Week has reported that the Tupi oil field is 155 miles off the coast of southern Brazil and is the biggest oil find since 2000. Rodrigo de Azeredo Santos, head of the Trade Promotion Programs Division of the Ministry of External Relations has said in an interview that Brazilian oil reserves, biofuels and availability of hydroelectric power generation are added guarantees that Brazilian property investment is safer due to the assurance that energy will be available to sustain the economic growth. The oil discoveries are so important for property investors in Brazil as similar oil boom in Dubai and Norway have regularly seen their property market post record price increases annually.
Brazil's property market is now in good shape for overseas investors. According to Jose C. Santiago, licensed and certified attorney of law in Brazil in his portal LawOfficeInBrazil.com has stated that the country is a buyer's market, with low prices because there are more homes for sale than there are buyers. The demand for property in Brazil is expected to increase by approximately 900,000 units each year.
Overseas investors looking for good property returns with relatively low-entry costs may consider investing in Brazil following the oil discovery, which may strengthen the country's economy and in turn raise property prices. Business week has reported that Brazil is a smart place to invest. It is a self-reliant country on the energy front, a position that has been further strengthened by the recent discovery of new oil fields.
Social BookmarkingBusiness Week has reported that the Tupi oil field is 155 miles off the coast of southern Brazil and is the biggest oil find since 2000. Rodrigo de Azeredo Santos, head of the Trade Promotion Programs Division of the Ministry of External Relations has said in an interview that Brazilian oil reserves, biofuels and availability of hydroelectric power generation are added guarantees that Brazilian property investment is safer due to the assurance that energy will be available to sustain the economic growth. The oil discoveries are so important for property investors in Brazil as similar oil boom in Dubai and Norway have regularly seen their property market post record price increases annually.
Brazil's property market is now in good shape for overseas investors. According to Jose C. Santiago, licensed and certified attorney of law in Brazil in his portal LawOfficeInBrazil.com has stated that the country is a buyer's market, with low prices because there are more homes for sale than there are buyers. The demand for property in Brazil is expected to increase by approximately 900,000 units each year.
Overseas investors looking for good property returns with relatively low-entry costs may consider investing in Brazil following the oil discovery, which may strengthen the country's economy and in turn raise property prices. Business week has reported that Brazil is a smart place to invest. It is a self-reliant country on the energy front, a position that has been further strengthened by the recent discovery of new oil fields.
Labels: Investment-property, Latest-News, Rio-de-Janeiro
posted by EstatesNewz, 11:59 PM
0 Comments
|
