The Brazilian government is encouraging overseas investors and making efforts to render the process of buying property in the country more straightforward, according to an expert.

Paul Collins, property editor at BuyAssociation, said that entering the property market in Brazil has become easier for overseas buyers on account of the government's enduring attempt to attract overseas investment. He added that Brazilian authorities are aiming to enhance the market for "residential tourism", whereby people visit the country and then purchase a home.

Mr. Collins commented: "As more people invest in Brazil it will become easier and easier because the processes will become more and more streamlined."

The central bank of Brazil also shows that tourist spending in Brazil for the first ten months of 2008 is 19.1 per cent higher than it was at the same time in 2007. Jeanine Pires, the president of the Brazilian Tourist Institute said that Brazil had an increase of 10 per cent in revenues from international tourism in 2008."

According to Property Abroad analyst Liam Bailey said that the Brazil offers investors the best deal and has remained strong despite the credit crunch. Current positive media exposure and huge overseas funding coupled with government's attempt to attract tourists will guarantee that property values in the country remain strong.

In related news, the Xinhua news agency reported that President Luiz Inacio Lula da Silva has committed to continue investing in the nation's infrastructure despite the ongoing financial crisis.

Labels: Latest-News, Property-law

Brazilian property sector is benefiting from the increase in the foreign investment in Brazil last year, new reports suggest.

According to figures from the United Nations (UN) Conference on Trade and Development, Brazil attracted the most foreign direct investment (FDI) of all the Latin American countries last year as it has amounted to $41.7 million (£30.1 million) last year compared to $34.6 million in 2007. Cross-border mergers and acquisitions also increased by 13.6 per cent, generating $9.7 million for the country in 2008 compared to $8.6 million in 2007. Brazil was also the biggest origin of funds going the other way as it invested $7.07 billion last year compared to £28.2 billion the previous year.

According to Brazzilmag, the Brazilian Central Bank's Focus bulletin for 2008 has stated that the ratio to find the sum of all goods and services produced by the nation has also been revised and increased to 41.30 per cent and earlier it was calculated as 41.20 per cent.

The Economic Commission for Latin America and the Caribbean (Eclac) has showed Brazil’s FDI totaled $106 billion (£53 billion) in 2007, according to ANBA. Brazil saw an increase of more than 84% from the previous year, and the services sector received the greatest amount of FDI which suggests there could be greater tourist figures this year. The growth in economy means that property values are also on the up, which means investors who buy early could benefit from capital appreciation.

Meanwhile, Brazil was tipped to receive further foreign investment boosts this year after it had been appointed investment grade by Standard & Poor.

Labels: Economy, Market-Trends

It's good news for Brazil’s economy and wonderful timing for investors looking for an overseas property as Experts said that Brazil economy in 2008 is its best growth in 14 years.

MercoPress has cited The United Nations Economic Commission for Latin America and the Caribbean and reported that Brazil's economy will have grown by 5.8 per cent by the end of the year. Brazil's overall growth during 2008 is the highest figure since 1994. Finance minister Guido Mantega said that the Programa de Aceleração do Crescimento - PAC (Accelerated Growth Programme), the strong domestic market and the government's investments all contributed to the strong growth.

John Welch, The chief global economist of Itaú bank recently said Brazil's economy is one of the best prepared to face the global crisis and will not enter into recession in 2009. Welch identified two main reasons why Brazil is well placed to defy the global downturn: the surplus in its external trade in commodities is relatively small (5% of GDP), prudent monetary and fiscal policies and deepened their structural reforms have been implemented over the last decade.

This comes after the news that Property Bond International claims that there is an immediate requirement for 8.5 million homes in Brazil this requirement is rising by 1.5 million every year due to the nation having such a young population

Labels: Economy, Investment-property

Low prices do not necessarily mean a good investment in Brazil, according to an analyst.

Dan Johnson, director at TheMoveChannel.com has said that shrewd property investor can get benefits by investing in right markets. Inexpensive, easy to buy and freehold nature of properties don't mean that it is right purchase. He added that there are top parts of the market and there are bottom parts of the market and price should not be the primary concern.

The first thing to consider when buying in Brazil is exactly where and why you are buying the property. Fortaleza is one of Brazil's favourite holiday destination and it ranks 23rd in crime.North eastern Brazil has perfect climate but the property prices are cheap. Some parts in Brazil has real winter and others are painfully hot. So the prosspective expats should do their homework.

Alex Pegley, director of financial advice group Calculis, stated that foreign nationals should get to know the region they are looking at before committing to buying a property. He said this would familiarise the area and see if they like living there full-time.

Overseas property investors should look reputable companies and ensure that they choose an independent lawyer with proven Brazil experience. European investor's have already recognized the benefits of Brazilian investment. Sellers are often offering incentives for buyers and residency is readily available for foreign investors in Brazil.

Labels: Buying-property, Property-prices

The Brazzil magazine published the piece that reserved special praise for Aldeota; those interested in Brazilian property may be interested to learn.

The magazine has stated that Aldeota as the Brazilian city "everyone wants to live in". The article points out several positive aspects of the region and it described the area as historically "well-to-do". The publication suggests that what is also known, as the Fortaleza neighbourhood is very popular with would-be property buyers.

Industry experts suggest that over the course of the next six to eight months, the region's property market offers the "best investment opportunity". Prospective investors looking to buy the European-styled houses in Bazil can look for those in Aldeota which starting springing up in the city in the 1940s. Well-known architect Emilio Hinko, who designed properties in the town with high arches and solid walls, designs many of these houses.

However, the region is very small, with less space and limited properties. But there is no doubt that the region is still an attractive option for expats and holiday homebuyers. The high-quality housing and natural attractions allows expats the opportunity to "expand their lifestyle" outside their native country.

Labels: Aldeota, Market-Trends

Property experts claim that People looking to invest in property in Brazil should get the right account to suit their needs.

Simon Ripton, joint managing director of Alliance and Leicester International has said that there are several aspects potential investors need to consider before parting with their cash. He added that right account should be chosen which gives great returns. The most important thing to do is carry out the correct research as unfamiliar laws and customs can make buying a home seems like a daunting prospect.


Property experts say that friends and family who already live or own property in Brazil could help with vital insight, adding that living in the country for a few months offers the chance to make a truly informed decision.


Central bank survey of around 100 financial institutions of economists as they predicted that Brazil's real will recover next year, after it lost 24 per cent of its value in 2008. Bloomberg has reported that currently the country's currency has risen the most in more than a week.

This comes after the news that Brazilian president Luiz Inacio Lula da Silva said this week that the government will announce measures to combat the global financial crisis by January 20th.

Labels: Buying-property