Sao Paulo named in top ten cities list
Tuesday, December 30, 2008
People thinking about buying property in Brazil may be interested to hear that the Brazilian city of Sao Paulo has been included in Lonely Planet's top ten cities list.
The travel guide as selected Sao Paulo in its Best in Travel 2009 guide Along with Chicago, Lisbon, Zurich and Shanghai because it offers a new and exciting holiday destination. Lonely Planet's new guide aims to capture the worlds hottest travel trends, destinations, journeys and experiences for the year ahead.
According to Aboutsaopaulo.com, the state of Sao Paulo accounts for just three per cent of the Brazilian territory yet is home to 40 million people and it also attracts the most foreign visitors.
The website also stated that due to a favorable exchange rate many Brits are choosing to invest in property in Brazil and Sao Paulo's properties providing goof rental returns. Sao Paulo also offers excellent value for money and capital growth, while a strong tourism infrastructure is already in place including an international airport, restaurants and many attractions. The prices for a two-bedroom house start at £40,000.
Previously, Brazzil Magazine has reported that Brazil's housing market offers a good deal for investors, referring to it as a "safe haven" which has remained unaffected by the current global housing crisis.
The travel guide as selected Sao Paulo in its Best in Travel 2009 guide Along with Chicago, Lisbon, Zurich and Shanghai because it offers a new and exciting holiday destination. Lonely Planet's new guide aims to capture the worlds hottest travel trends, destinations, journeys and experiences for the year ahead.
According to Aboutsaopaulo.com, the state of Sao Paulo accounts for just three per cent of the Brazilian territory yet is home to 40 million people and it also attracts the most foreign visitors.
The website also stated that due to a favorable exchange rate many Brits are choosing to invest in property in Brazil and Sao Paulo's properties providing goof rental returns. Sao Paulo also offers excellent value for money and capital growth, while a strong tourism infrastructure is already in place including an international airport, restaurants and many attractions. The prices for a two-bedroom house start at £40,000.
Previously, Brazzil Magazine has reported that Brazil's housing market offers a good deal for investors, referring to it as a "safe haven" which has remained unaffected by the current global housing crisis.
Labels: Sao Paulo
Everest reinsurance enters Brazilian market
Sunday, December 28, 2008
Brazilian property investors could be interested to learn that the Latin American has approved Everest Reinsurance as a reinsurer in the country, it has been reported.
Property insurance has seen the most significant amount of growth in Brazil's insurance industry over the past 5 years. The interest of insurers has been driven by the market's size and growth potential. Superintendencia de Seguros Privados accepted the insurance company - a subsidiary of Everest Re Group - as an admitted property and casualty reinsurer.
A spokesperson from the firm said the approval allows it to further stabilize its position in this very important Latin American market and playing a role supporting infrastructure development and trade. The influx of foreign insurers is helping to change Brazilian insurers by more responsive towards customers, by communicating well, by harnessing technology such as data mining and relationship management tools.
Dilma Rousseff, minister-chief of the Civilian Household of the Presidency told the government intends to tackle the economic slowdown. She added that Growth Acceleration programme produces a high-level of public and private investment and creates a huge consumer demand.
Social BookmarkingProperty insurance has seen the most significant amount of growth in Brazil's insurance industry over the past 5 years. The interest of insurers has been driven by the market's size and growth potential. Superintendencia de Seguros Privados accepted the insurance company - a subsidiary of Everest Re Group - as an admitted property and casualty reinsurer.
A spokesperson from the firm said the approval allows it to further stabilize its position in this very important Latin American market and playing a role supporting infrastructure development and trade. The influx of foreign insurers is helping to change Brazilian insurers by more responsive towards customers, by communicating well, by harnessing technology such as data mining and relationship management tools.
Dilma Rousseff, minister-chief of the Civilian Household of the Presidency told the government intends to tackle the economic slowdown. She added that Growth Acceleration programme produces a high-level of public and private investment and creates a huge consumer demand.
Labels: Latest-News
Kuwait seeks investment opportunities in Brazil
Wednesday, December 24, 2008
Prospective investors looking for investing in Brazilian property could be interested to hear that Kuwait is seeking an investment opportunity in the country, it has been reported.
According to the Brazil Arab News Agency, Kuwait's ambassador Mr. Waleed Al-Kandari, wants closer ties between the countries to Brazil is currently in the state of Bahia to evaluate investment opportunities for his country. The ambassador believes that the tourism sector in some Brazilian states has potential to receive investment from the country. He said that the idea is to schedule meetings with governors and businessmen and further strengthen and develop relations between Brazil and Kuwait. The news agency added that Kuwait is looking for options in the tourism, petrochemical and agribusiness sectors.
Bahia is one of the largest States of Brazil; with a long coastal line, most of it in intertropical zones, Bahia has many beautiful beaches. The overwhelming beautiness of nature compensates for the shortage of a few facilities; and certain beaches still preserve much of the wild life. The news agency reported that the beautiful beaches,sun and heat almost all year round, natural beauties and historic sites has made Bahia as an important tourism hub.
Meanwhile, Adman Kassar, the CEO of one of Lebanon's largest banks, recently told Brazzil Magazine that Brazil is one of the best locations for investment.
Social BookmarkingAccording to the Brazil Arab News Agency, Kuwait's ambassador Mr. Waleed Al-Kandari, wants closer ties between the countries to Brazil is currently in the state of Bahia to evaluate investment opportunities for his country. The ambassador believes that the tourism sector in some Brazilian states has potential to receive investment from the country. He said that the idea is to schedule meetings with governors and businessmen and further strengthen and develop relations between Brazil and Kuwait. The news agency added that Kuwait is looking for options in the tourism, petrochemical and agribusiness sectors.
Bahia is one of the largest States of Brazil; with a long coastal line, most of it in intertropical zones, Bahia has many beautiful beaches. The overwhelming beautiness of nature compensates for the shortage of a few facilities; and certain beaches still preserve much of the wild life. The news agency reported that the beautiful beaches,sun and heat almost all year round, natural beauties and historic sites has made Bahia as an important tourism hub.
Meanwhile, Adman Kassar, the CEO of one of Lebanon's largest banks, recently told Brazzil Magazine that Brazil is one of the best locations for investment.
Labels: Bahia, Investment-property, Overseas-property
Brazilian beaches in world's best ten
Sunday, December 21, 2008
The number of tourists to Brazil is set to increase after Two Brazilian beaches have made it on to a list of the world's best ten, according to a media outlet.
Conde Nast Traveller magazine has rated Copacabana beach as the fifth best beach
and Ipanema beach is charted at number eight.
Conde Nast described Copacabana as the world's greatest "metropolitan beach" with expansive miles of white sand stretching along the length of the city and it is of pretty high standard with beach volleyball, strong surf and promenades. Copacabana also serve as hangout spot for families.
Ipanema , a pretty beach resort provides a world away from the hustle and bustle of the city. Buses run regularly between Buzios, Rio and Sao Paulo. Tourists are attracted by the gourmet restaurants and nightlife stay in the town for longer time. Wealth abounds and private villas and boutique hotels attest to the resort's appeal for the upper classes.
According to the Brazilian Tourism Institute, The number of tourists visiting Brazil is set to increase from its level of five million. It is expected that tourists coming to Brazil will spend more and stay longer in the country, with many buying property in Brazil, reports Brazzil Mag.
Conde Nast Traveller magazine has rated Copacabana beach as the fifth best beach
and Ipanema beach is charted at number eight.
Conde Nast described Copacabana as the world's greatest "metropolitan beach" with expansive miles of white sand stretching along the length of the city and it is of pretty high standard with beach volleyball, strong surf and promenades. Copacabana also serve as hangout spot for families.
Ipanema , a pretty beach resort provides a world away from the hustle and bustle of the city. Buses run regularly between Buzios, Rio and Sao Paulo. Tourists are attracted by the gourmet restaurants and nightlife stay in the town for longer time. Wealth abounds and private villas and boutique hotels attest to the resort's appeal for the upper classes.
According to the Brazilian Tourism Institute, The number of tourists visiting Brazil is set to increase from its level of five million. It is expected that tourists coming to Brazil will spend more and stay longer in the country, with many buying property in Brazil, reports Brazzil Mag.
Brazilian government to boost its infrastructure
Wednesday, December 17, 2008
According to the Xinhua news agency, Brazil will continue to maintain the investment flow so the impact of the economic downturn being experienced by Europe and the US does not result in "exorbitant costs." Dilma Rousseff, minister-chief of the Civilian Household of the Presidency told the House of Deputies that the Brazilian President intends to tackle the economic slowdown.
Brazil has spent $22.9 billion (£13.9 billion) on stabilizing the currency against the US dollar, the Associated Press reported. The investments the government has made to boost its economy is through swaps, loans and direct auctions of dollars that will not be put back into the $200 billion the country has in reserves.
Meanwhile, a new report released by Real Capital Analytics stated that Brazil real estate enjoyed a rise of 40 per cent during the first six months of this year but Emergency markets accounted for one quarter of all property sales in the first-half of 2008 - up from ten per cent in the same period last year.
This comes after The Brazilian Society of Transnational Corporations and Economic Globalization revealed that Some £17 million was invested in the nation by people from other countries last year.
Social BookmarkingBrazil has spent $22.9 billion (£13.9 billion) on stabilizing the currency against the US dollar, the Associated Press reported. The investments the government has made to boost its economy is through swaps, loans and direct auctions of dollars that will not be put back into the $200 billion the country has in reserves.
Meanwhile, a new report released by Real Capital Analytics stated that Brazil real estate enjoyed a rise of 40 per cent during the first six months of this year but Emergency markets accounted for one quarter of all property sales in the first-half of 2008 - up from ten per cent in the same period last year.
This comes after The Brazilian Society of Transnational Corporations and Economic Globalization revealed that Some £17 million was invested in the nation by people from other countries last year.
Labels: Economy, Infrastructure
Booming tourism makes Brazil property more attractive
Sunday, December 7, 2008
Brazilian property investors could be interested to learn that owning property in the Latin American nation can be a "great experience", it has been reported.
Recently launched PropertyBrazilEstate.com, a new property website claims that Brazilian property offers a great investment potential as well as an enjoyable lifestyle. The website added that factors such as a strong economy, fantastic weather, great food, warm friendly people and realistic chances of a 20 per cent capital growth makes Brazilian real estate a strong option for buyers.
Dilma Rousseff, minister-chief of the Civilian Household of the Presidency told the House of Deputies that the country will continue to maintain the investment flow so the impact of the crisis does not result in "exorbitant costs",
Meanwhile, Figures released by the Central Bank of Brazil showed tourism revenue of $478 million (£321 million) during the month which is 9.78 per cent higher than compared to the same period last year, according to Brazzil Magazine. Alvaro Bezerra de Mello, president of the ABIH (The Brazilian Hotel Industry Association has said that he forecasts the nation's tourism will continue to do well all the way through.
This comes after the news that Brazil will have a high number of opportunities available to people wanting to invest in Brazil as the number of tourists increases, reports Ready2Invest.
Social BookmarkingRecently launched PropertyBrazilEstate.com, a new property website claims that Brazilian property offers a great investment potential as well as an enjoyable lifestyle. The website added that factors such as a strong economy, fantastic weather, great food, warm friendly people and realistic chances of a 20 per cent capital growth makes Brazilian real estate a strong option for buyers.
Dilma Rousseff, minister-chief of the Civilian Household of the Presidency told the House of Deputies that the country will continue to maintain the investment flow so the impact of the crisis does not result in "exorbitant costs",
Meanwhile, Figures released by the Central Bank of Brazil showed tourism revenue of $478 million (£321 million) during the month which is 9.78 per cent higher than compared to the same period last year, according to Brazzil Magazine. Alvaro Bezerra de Mello, president of the ABIH (The Brazilian Hotel Industry Association has said that he forecasts the nation's tourism will continue to do well all the way through.
This comes after the news that Brazil will have a high number of opportunities available to people wanting to invest in Brazil as the number of tourists increases, reports Ready2Invest.
Labels: Market-Trends, Tourism
Economy stronger than ever despite the global gloom
Thursday, December 4, 2008
Guido Mantega, the finance minister of Brazil said that the nation is "stronger than ever" despite the global gloom and Brazil is in a more favorable situation than that of the rich countries. The minister claimed the situation in Brazil is under control thanks to a number of counter-cyclical measures taken by the government and domestic market is also growing.
President Luiz Inacio Lula da Silva also confirmed finance minister views and said that Brazil's economy will grow by four per cent in 2009.
Finance minister added that there is no need for an additional package to spur on the economy. There will be a deceleration and once that juncture is passed, Brazil will be in favorable conditions to continue growing. He believes the exchange rate will continue to move downwards, which could be good news for people buying property in Brazil
Meanwhile, ADIT Nordeste and the tourism ministry took part in an overseas real estate exhibition to show the potential of Brazilian property, reports Homesgofast.com.
Social BookmarkingPresident Luiz Inacio Lula da Silva also confirmed finance minister views and said that Brazil's economy will grow by four per cent in 2009.
Finance minister added that there is no need for an additional package to spur on the economy. There will be a deceleration and once that juncture is passed, Brazil will be in favorable conditions to continue growing. He believes the exchange rate will continue to move downwards, which could be good news for people buying property in Brazil
Meanwhile, ADIT Nordeste and the tourism ministry took part in an overseas real estate exhibition to show the potential of Brazilian property, reports Homesgofast.com.
Labels: Economy
Brazil in top 10 property destination list
Monday, December 1, 2008
Brazil has become a property investment hotspot as it has been included in an industry list of the top ten locations.
According to the research from overseas real estate firm Property Abroad's, which has calculated traffic and enquiry figures, Brazil is ahead of traditionally popular European areas such as Greece and Italy. Liam Bailey, chief market analyst for Property Abroad, commented factors such as the currency movements and the cost of investment are among the factors buyers consider.
Les Calvert, director of the firm, said: “The Brazilian property market has been growing in popularity over the course of the past few months, both in terms of properties being viewed and properties being enquired about."
Meanwhile, Brazil also featured in a list of the most popular locations put together by The Move Channel which placed the country in the top ten, above the likes of Germany and Turkey.
In other news which may interest those thinking of investing in Brazilian property, Journey Latin America is offering Brits the chance to travel to Brazil as part of a ten-day package for £750.
Social BookmarkingAccording to the research from overseas real estate firm Property Abroad's, which has calculated traffic and enquiry figures, Brazil is ahead of traditionally popular European areas such as Greece and Italy. Liam Bailey, chief market analyst for Property Abroad, commented factors such as the currency movements and the cost of investment are among the factors buyers consider.
Les Calvert, director of the firm, said: “The Brazilian property market has been growing in popularity over the course of the past few months, both in terms of properties being viewed and properties being enquired about."
Meanwhile, Brazil also featured in a list of the most popular locations put together by The Move Channel which placed the country in the top ten, above the likes of Germany and Turkey.
In other news which may interest those thinking of investing in Brazilian property, Journey Latin America is offering Brits the chance to travel to Brazil as part of a ten-day package for £750.
Labels: Latest-News, Market-Trends
