More investors realize rental potential of Brazilian property
Monday, July 13, 2009
Brazilian property companies have been reporting strong financial results in recent months and investors are realizing the potential of rental property in Brazil which is attracting a new set of buyers to the market.
Steve Worboys, director of Experience International explains that the coming years are set to yield benefits from the government's continued commitment to investing in the country's tourism industry and the new housing plan. The country is well placed, following the announcement that 12 Brazilian cities will host the finals of the football competition and analysts are predicting a boom in property investment around the areas which will stage matches.
He commented: "Rental opportunities will abound and those buying land and real estate in the country should reap the rewards."
Vibecke Lykke Olsen, co-founder of Brazilian property developer ViaMar Groupo asserts that while the north-east of Brazil has always been popular with tourists due to its fantastic year-round climate and the fact that it is the closest point to Europe, the news that the World Cup is coming to Natal will add to its appeal. Paul Irvine, co-founder of Dehouche,says that European investors are attracted to £50,000 beach properties in Natal as it is relatively accessible, according to Daily mail erports.
"I haven't even thought about the prices yet for the World Cup but I'm sure every room will be booked up and people should book early to secure accommodation because it will be expensive, I'm sure of it," she concluded.
Social BookmarkingSteve Worboys, director of Experience International explains that the coming years are set to yield benefits from the government's continued commitment to investing in the country's tourism industry and the new housing plan. The country is well placed, following the announcement that 12 Brazilian cities will host the finals of the football competition and analysts are predicting a boom in property investment around the areas which will stage matches.
He commented: "Rental opportunities will abound and those buying land and real estate in the country should reap the rewards."
Vibecke Lykke Olsen, co-founder of Brazilian property developer ViaMar Groupo asserts that while the north-east of Brazil has always been popular with tourists due to its fantastic year-round climate and the fact that it is the closest point to Europe, the news that the World Cup is coming to Natal will add to its appeal. Paul Irvine, co-founder of Dehouche,says that European investors are attracted to £50,000 beach properties in Natal as it is relatively accessible, according to Daily mail erports.
"I haven't even thought about the prices yet for the World Cup but I'm sure every room will be booked up and people should book early to secure accommodation because it will be expensive, I'm sure of it," she concluded.
Labels: Investment-property, Rentals
Commercial Property in Brazil Outperform Global Markets
Sunday, June 21, 2009
Industrial commercial property in Brazil is one of the best performing in the world in 2008, according to a new report.
Research by the Royal Institution of Chartered Surveyors (Rics) found that 90 per cent of the countries surveyed reported that rents were falling, with only commercial property in Brazil, Saudi Arabia and parts of Africa not seeing a decline in yields. Brazilian market recorded the highest global rise in rents of 46 per cent and within the country; Rio de Janeiro recorded the highest rise in rents.
Mário Sérgio S. Gurgueira, research analyst at Cushman & Wakefield, Brazil comments; "Brazil performed well in the industrial and warehouses market because of an improving domestic economy over the year. This has seen consumer demand rise and has therefore resulted in more sales, more warehousing and more transportation. The outlook for the market and even when taking into account the present global crisis, we still expect the growth of the industrial market to continue in the medium term."
Samantha Gore, the sales manager at UV10 explained that favorable climate enables people to buy holiday home that they can enjoy a holiday in while leaving time to rent it out for the rest of the year.
She commented: "Brazil has got a long rental season because it is warm all year round and a long season you can rent it out for."
Commenting on the holiday rental market, Ms Gore noted that people do not tend to buy and sell properties quickly, as they tend to enjoy being in the country and see such investments as long-term prospects.
Social BookmarkingResearch by the Royal Institution of Chartered Surveyors (Rics) found that 90 per cent of the countries surveyed reported that rents were falling, with only commercial property in Brazil, Saudi Arabia and parts of Africa not seeing a decline in yields. Brazilian market recorded the highest global rise in rents of 46 per cent and within the country; Rio de Janeiro recorded the highest rise in rents.
Mário Sérgio S. Gurgueira, research analyst at Cushman & Wakefield, Brazil comments; "Brazil performed well in the industrial and warehouses market because of an improving domestic economy over the year. This has seen consumer demand rise and has therefore resulted in more sales, more warehousing and more transportation. The outlook for the market and even when taking into account the present global crisis, we still expect the growth of the industrial market to continue in the medium term."
Samantha Gore, the sales manager at UV10 explained that favorable climate enables people to buy holiday home that they can enjoy a holiday in while leaving time to rent it out for the rest of the year.
She commented: "Brazil has got a long rental season because it is warm all year round and a long season you can rent it out for."
Commenting on the holiday rental market, Ms Gore noted that people do not tend to buy and sell properties quickly, as they tend to enjoy being in the country and see such investments as long-term prospects.
Labels: Commerical-Property, Rentals
Brazil has Caribbean climate and stable rentals
Saturday, June 21, 2008
A growing number of foreign nationals are encouraged to consider purchasing a residence in Brazil, it has been reported.
Real estate professional, Robin Barrasford, said that Brazil offers the fantastic Caribbean climate and a consistent rental market. Brazil also offers numerous lifestyle attractions that are highly conducive to a relaxing and pleasant vacation. Recent reports indicate that rental incomes, property values and yields in Brazil are all on the rise.
The relatively low cost of living, and what's more, the perennial glorious weather attracts more tourists worldwide. The one thing that is consistent about Brazilian weather is its year-round beauty. Temperatures are almost always moderate with very little seasonal variation. As a result, demand for rental accommodation will increase and yield higher returns for property owners. The infrastructure improvements in recent years such as good quality housing, services, amenities and good transport links means that Brazil property is "worth a look".
Many property experts consider that although it may take time before there is any considerable increase in a property's value, the enduring growth means it still offers the potential to produce good returns for investors. Property website Homes Worldwide revealed that already the property activity is just beginning to hot up in the South American country. The figures from Homebuyer Show North and Property Investor indicate that Brazil has seen capital growth of around 20 per cent.
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Real estate professional, Robin Barrasford, said that Brazil offers the fantastic Caribbean climate and a consistent rental market. Brazil also offers numerous lifestyle attractions that are highly conducive to a relaxing and pleasant vacation. Recent reports indicate that rental incomes, property values and yields in Brazil are all on the rise.
The relatively low cost of living, and what's more, the perennial glorious weather attracts more tourists worldwide. The one thing that is consistent about Brazilian weather is its year-round beauty. Temperatures are almost always moderate with very little seasonal variation. As a result, demand for rental accommodation will increase and yield higher returns for property owners. The infrastructure improvements in recent years such as good quality housing, services, amenities and good transport links means that Brazil property is "worth a look".
Many property experts consider that although it may take time before there is any considerable increase in a property's value, the enduring growth means it still offers the potential to produce good returns for investors. Property website Homes Worldwide revealed that already the property activity is just beginning to hot up in the South American country. The figures from Homebuyer Show North and Property Investor indicate that Brazil has seen capital growth of around 20 per cent.
Labels: Climate, Property-prices, Rentals
