Brazil attracts cosmetic vacationers
Sunday, June 15, 2008
The growth of medical tourism in Brazil is creating abundant opportunities for overseas property investors.
The rennet trend of the People who intend to have medical procedures carried out at a reduced price and seeking cosmetic surgery combine the procedures with a holiday on Brazil's sandy beaches has increased. This could potentially have an impact on Brazil's property market, as the need for affordable good-quality housing has increased. The house prices across the country are expected to rise by at least eight per cent in 2008.
The Irish Independent reports that Rio de Janeiro has become an increasingly trendy destination for this type of cosmetic holiday. Michael Boeckle, of CosmeticVacations, in an interview to the paper has commented that more people are choosing Rio as a holiday destination for transforming them in the process by seeking sunshine with surgery.
This marks a sharp contrast with many emerging markets across the world, as Brazil is considered to be an investment hotspot and also a lifestyle destination.
Recently independent analysts Amberlamb recommended properties in Brazil and said Brazil has fantastic fiscal fundamentals supporting its housing market.
The rennet trend of the People who intend to have medical procedures carried out at a reduced price and seeking cosmetic surgery combine the procedures with a holiday on Brazil's sandy beaches has increased. This could potentially have an impact on Brazil's property market, as the need for affordable good-quality housing has increased. The house prices across the country are expected to rise by at least eight per cent in 2008.
The Irish Independent reports that Rio de Janeiro has become an increasingly trendy destination for this type of cosmetic holiday. Michael Boeckle, of CosmeticVacations, in an interview to the paper has commented that more people are choosing Rio as a holiday destination for transforming them in the process by seeking sunshine with surgery.
This marks a sharp contrast with many emerging markets across the world, as Brazil is considered to be an investment hotspot and also a lifestyle destination.
Recently independent analysts Amberlamb recommended properties in Brazil and said Brazil has fantastic fiscal fundamentals supporting its housing market.
Labels: Holiday-rentals, Overseas-property, Rio-de-Janeiro, Tourism
posted by EstatesNewz, 4:19 AM
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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
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Neighbourhood of Rio de Janeiro, fast emerging as hot property destination
Friday, March 7, 2008
The neighbourhood of Rio de Janeiro is now being considered as a profitable property investment.
The Leblong district, located along the sandy beaches of Rio, is fast emerging as a hot place for the rich and famous to make frequent visits, thanks to 'rarity fuel booms', reports the International Herald Tribune (IHT).
Leblon has experienced a 15 percent increase over the past three years, and most areas in the Southern Rio too, have witnessed similar 'strong growth' in real estate values.
Jose Conde Caldas, the President of the Commission for Urban Development at the Association of Real Estate Company Directors in Rio, while describing the nature of investment in this region, mentioned that the wealthy and famous, wish to live in Jardim Pernambuco, due to its fierce security, and an exceptionally high capital growth, that averages around 45 percent during the past three years.
"People here, purchase a house and demolish it, to obtain the exact kind of property in which they wish to live there. An amount of even upto $4 million is said to have been spent on a house, which was bulldozed immediately."
The expert researcher of the Property Investor and Homebuyer Show, had described Brazil as an emerging posed country, which is one the verge of a property boom.
Social BookmarkingThe Leblong district, located along the sandy beaches of Rio, is fast emerging as a hot place for the rich and famous to make frequent visits, thanks to 'rarity fuel booms', reports the International Herald Tribune (IHT).
Leblon has experienced a 15 percent increase over the past three years, and most areas in the Southern Rio too, have witnessed similar 'strong growth' in real estate values.
Jose Conde Caldas, the President of the Commission for Urban Development at the Association of Real Estate Company Directors in Rio, while describing the nature of investment in this region, mentioned that the wealthy and famous, wish to live in Jardim Pernambuco, due to its fierce security, and an exceptionally high capital growth, that averages around 45 percent during the past three years.
"People here, purchase a house and demolish it, to obtain the exact kind of property in which they wish to live there. An amount of even upto $4 million is said to have been spent on a house, which was bulldozed immediately."
The expert researcher of the Property Investor and Homebuyer Show, had described Brazil as an emerging posed country, which is one the verge of a property boom.
Labels: Rio-de-Janeiro
posted by EstatesNewz, 10:25 PM
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