Jumeirah Group plans to open a number of hotels in Brazil
Friday, December 4, 2009
Dubai's Jumeirah Group plans to open its first hotels in Brazil after witnessing the country's recent economic growth and the 2014 World Cup and 2016 Olympic games generate demand, according to a report.
James Erlacher, senior vice president of development for the Americas at the Dubai-based Jumeirah Group, said that the time is right now for them to be entering the Brazilian market, according to Bloomberg newswire reports. Jumeirah's priority is to operate hotels in Sao Paulo and Rio de Janeiro, Brazil's biggest cities, and it's also considering resorts "primarily in the northeast part of the country," Erlacher said.
Famed for its Four Seasons hotels, they expect to reach agreements with developers of three projects in the next 18 months, including hotels in Sao Paulo and Rio and a beach resort while the north-eastern part of the country may also be targeted, Alinio Azevedo, the chain’s director of development for South America and the Caribbean said in an interview. He added that the number one attraction for the group is to really understand the wealth creation that has happened in Brazil in the last eight to 10 years.
According to Tourism Minister, Luiz barreto, further strengthening of the Brazilian real, which has rallied 34 percent this year against the dollar, the most of any major currency, may drive away foreign visitors to Rio before it hosts the 2016 Olympics. The real's gains have been driven in part by investors buying stocks and bonds on prospects the country is among those emerging fastest from the global financial crisis. In more good news for Overseas property investors, Economists surveyed by the central bank predicted GDP will expand 0.2 percent this year and 5 percent in 2010, according to the median estimate.
Meanwhile, Brazil won an investment-grade rating from Moody's Investors Service putting it one level above high- yield or junk at all three major ratings companies. Moody’s cited Brazil’s "strong economic and financial resilience" during the worldwide slowdown.
Social BookmarkingJames Erlacher, senior vice president of development for the Americas at the Dubai-based Jumeirah Group, said that the time is right now for them to be entering the Brazilian market, according to Bloomberg newswire reports. Jumeirah's priority is to operate hotels in Sao Paulo and Rio de Janeiro, Brazil's biggest cities, and it's also considering resorts "primarily in the northeast part of the country," Erlacher said.
Famed for its Four Seasons hotels, they expect to reach agreements with developers of three projects in the next 18 months, including hotels in Sao Paulo and Rio and a beach resort while the north-eastern part of the country may also be targeted, Alinio Azevedo, the chain’s director of development for South America and the Caribbean said in an interview. He added that the number one attraction for the group is to really understand the wealth creation that has happened in Brazil in the last eight to 10 years.
According to Tourism Minister, Luiz barreto, further strengthening of the Brazilian real, which has rallied 34 percent this year against the dollar, the most of any major currency, may drive away foreign visitors to Rio before it hosts the 2016 Olympics. The real's gains have been driven in part by investors buying stocks and bonds on prospects the country is among those emerging fastest from the global financial crisis. In more good news for Overseas property investors, Economists surveyed by the central bank predicted GDP will expand 0.2 percent this year and 5 percent in 2010, according to the median estimate.
Meanwhile, Brazil won an investment-grade rating from Moody's Investors Service putting it one level above high- yield or junk at all three major ratings companies. Moody’s cited Brazil’s "strong economic and financial resilience" during the worldwide slowdown.
Labels: Investment-property, Tourism
Brazilian tourist board kicking off roadshows in UK
Wednesday, May 6, 2009
The Brazilian tourism board, Embratur, will be launching a series of roadshows in the UK and Ireland that is due to stop in three major cities, reports Ttglive.com.
Embratur will host the information sessions to attract more UK tourists to the South American country and this the third year that the board has organized workshops for the UK travel industry. The Workshop Road Shows will be kicking off in 12th May in London followed by Birmingham, Newcastle, Manchester, Edinburgh and finishing off in Dublin in November. The events will start in the evening from 18:30 BST to 21:20 BST and also includes a prize draw to win a place on Embratur's trips to Brazil.
Chris Fuzinatto, Director of the Brazil Tourist Office for the UK and Ireland, said, “Brazil’s tourist offer is constantly expanding so it's a priority for us to get on the road again and show travel agents what is new." The road show will offer information sessions for travel agents and tourists about what Brazil has to offer, as well as sessions to familiarize them with the Brazilian products, services and destinations based on the commercial expertise.
The dates are:
London 12 May
Birmingham 13 May
Newcastle 14 May
London 21 July
Manchester 22 July
Edinburgh 23 July
Dublin 5 November
Travel agents interested in taking part in any of the road show workshops can contact Chris Fuzinatto on 020-7396 5551 or email ebt.uk@embratur.gov.br.
Social BookmarkingEmbratur will host the information sessions to attract more UK tourists to the South American country and this the third year that the board has organized workshops for the UK travel industry. The Workshop Road Shows will be kicking off in 12th May in London followed by Birmingham, Newcastle, Manchester, Edinburgh and finishing off in Dublin in November. The events will start in the evening from 18:30 BST to 21:20 BST and also includes a prize draw to win a place on Embratur's trips to Brazil.
Chris Fuzinatto, Director of the Brazil Tourist Office for the UK and Ireland, said, “Brazil’s tourist offer is constantly expanding so it's a priority for us to get on the road again and show travel agents what is new." The road show will offer information sessions for travel agents and tourists about what Brazil has to offer, as well as sessions to familiarize them with the Brazilian products, services and destinations based on the commercial expertise.
The dates are:
London 12 May
Birmingham 13 May
Newcastle 14 May
London 21 July
Manchester 22 July
Edinburgh 23 July
Dublin 5 November
Travel agents interested in taking part in any of the road show workshops can contact Chris Fuzinatto on 020-7396 5551 or email ebt.uk@embratur.gov.br.
Labels: Tourism
Brazilian government relaxes its grip on air fares
Wednesday, April 29, 2009
Brazilian tourism could get a major boost from the government's decision to eliminate the minimum international flight prices within the next year.
According to the Diário Oficial (Federal Daily Gazette), the country's National Agency of Civil Aviation (ANAC) authorized the granting of discounts of 20% on established minimum fares for international travel outside South America.
Currently all Brazilian air fares must respect a minimum price but once the decision is published in the Official Gazette air carriers will be able to offer 20% rebates on the current fares. Three months later the rebate will increase to 50%, and another three months later to 80%. Six months later minimum prices will disappear and companies will be able to offer whatever fares they wish.
The discounts will be applicable to a list of ANAC minimum or floor fares for flights to, Asia, Africa, North America, Central America, Europe and Oceania. Earlier, last year ANAC had applied a similar gradual system for flights to South American countries originating in Brazil, which culminated last September. Brazilian domestic flights were the first to benefit from the new fares system, which is contemplated in the ANAC creation Bill.
According to Marcelo Guaranys, ANAC's director, the real reduction of price will depend on the competition between the Airlines. "Where there's more market competition the reduction will be higher. So, we imagine that markets like the United States and some European destinations will have a reduction in the short term" he comments.
Social BookmarkingAccording to the Diário Oficial (Federal Daily Gazette), the country's National Agency of Civil Aviation (ANAC) authorized the granting of discounts of 20% on established minimum fares for international travel outside South America.
Currently all Brazilian air fares must respect a minimum price but once the decision is published in the Official Gazette air carriers will be able to offer 20% rebates on the current fares. Three months later the rebate will increase to 50%, and another three months later to 80%. Six months later minimum prices will disappear and companies will be able to offer whatever fares they wish.
The discounts will be applicable to a list of ANAC minimum or floor fares for flights to, Asia, Africa, North America, Central America, Europe and Oceania. Earlier, last year ANAC had applied a similar gradual system for flights to South American countries originating in Brazil, which culminated last September. Brazilian domestic flights were the first to benefit from the new fares system, which is contemplated in the ANAC creation Bill.
According to Marcelo Guaranys, ANAC's director, the real reduction of price will depend on the competition between the Airlines. "Where there's more market competition the reduction will be higher. So, we imagine that markets like the United States and some European destinations will have a reduction in the short term" he comments.
Labels: Tourism
Brazil has been named top exotic and thrilling adventure destination
Wednesday, April 1, 2009
The Brazilian property market offers good vacation rental opportunities for investors as Brazil has been named the best destination in the world for adventure travel.
Brazil which caters for high-end travelers searching for adventure and unique experiences has bagged top spot in National Geographic rankings, the second time it has won in this category in the past three years.
Brazilian tourism authorities have stated that 'This is a wonderful accolade for our country'. Brazilian Tourism has applauded the efforts of the adventure industry and the valuable contribution made to keeping Brazil in top of mind when it comes to accolades and visitor choice.
National Geographic's travel and tourism director, Bryan Kinkade, said it was vital to build on the experiential tourism market, adding that Brazil experience-rich destinations were perfectly positioned to attract a bigger slice of the market. He added that Brazil was chosen because of its excellent infrastructure, the many natural sites and pristine beaches it offers and the enhanced access to the Amazon, reports etravelblackboard.com.
An article in MSNBC list world's top 10 rain forests and obviously Amazon is in the list. According to the Rainforest Alliance, an organization based in New York City, The majority of rain forests are in the Amazon, which is the largest on the planet; Diane Jukofsky, director of communications, marketing and education at the Rainforest Alliance "actually, the best way to experience a rainforest is to hike through it. That could mean trekking through dense jungle or following well-marked trails". "This gives visitors a chance to really absorb the scenery and see the wildlife, plants and flowers that make the rainforest special," He added.
According to Laura Rendell-Dunn, marketing manager at Journey Latin America, The diversity of lifestyle, culture and cuisine is also a draw for foreigners. Visitors looking to get away for the weekend or sample a different side of Brazilian life, Ms Rendell-Dunn say there is a plenty of other attractions such as colonial towns, rainforests and countryside as well as there are all kinds of activity sports, like white water rafting, for the more adventurous.
Samantha Gore, sales manager at uv10, asserts that the investors like to use their property for one or two holidays a year and then rent it out for the rest of the time.
"You've got a long rental season because it is sunny all year round and a long tourist season you can rent it out for," Ms Gore explains.
Social BookmarkingBrazil which caters for high-end travelers searching for adventure and unique experiences has bagged top spot in National Geographic rankings, the second time it has won in this category in the past three years.
Brazilian tourism authorities have stated that 'This is a wonderful accolade for our country'. Brazilian Tourism has applauded the efforts of the adventure industry and the valuable contribution made to keeping Brazil in top of mind when it comes to accolades and visitor choice.
National Geographic's travel and tourism director, Bryan Kinkade, said it was vital to build on the experiential tourism market, adding that Brazil experience-rich destinations were perfectly positioned to attract a bigger slice of the market. He added that Brazil was chosen because of its excellent infrastructure, the many natural sites and pristine beaches it offers and the enhanced access to the Amazon, reports etravelblackboard.com.
An article in MSNBC list world's top 10 rain forests and obviously Amazon is in the list. According to the Rainforest Alliance, an organization based in New York City, The majority of rain forests are in the Amazon, which is the largest on the planet; Diane Jukofsky, director of communications, marketing and education at the Rainforest Alliance "actually, the best way to experience a rainforest is to hike through it. That could mean trekking through dense jungle or following well-marked trails". "This gives visitors a chance to really absorb the scenery and see the wildlife, plants and flowers that make the rainforest special," He added.
According to Laura Rendell-Dunn, marketing manager at Journey Latin America, The diversity of lifestyle, culture and cuisine is also a draw for foreigners. Visitors looking to get away for the weekend or sample a different side of Brazilian life, Ms Rendell-Dunn say there is a plenty of other attractions such as colonial towns, rainforests and countryside as well as there are all kinds of activity sports, like white water rafting, for the more adventurous.
Samantha Gore, sales manager at uv10, asserts that the investors like to use their property for one or two holidays a year and then rent it out for the rest of the time.
"You've got a long rental season because it is sunny all year round and a long tourist season you can rent it out for," Ms Gore explains.
Brazilian ecotourism grows exponentially
Sunday, February 22, 2009
Adventure travel and Ecotourism are on the rise in Brazil and has become a popular alternative to traditional beach holidays due to the amazing Amazon.
According to the United Nations (UN) World Tourism Organization, which has stated that the attractiveness of Brazil is due to its "wealth of spectacular places to visit", such as the its overabundance of world heritage sites, including Igaucu national park and the Amazon Conservation Complex.
After the 1992 Earth Summit in Rio de Janeiro, Brazilian ecotourism began to grow exponentially and the country woke up to its eco-potential. According to official figures, 5 million ecotourists visit destinations like the Pantanal, the world's largest wetlands, and Abrolhos, a coastal whale-watching paradise. Ecotourism has generated $4.95 billion for the economy. The tourism industry in general grows by 3% a year, ecotourism is up by 15% and Bonito is experiencing 20-30% annual growth in its tourism trade.
Dorival Bruni, president of the non-profit Biosphere Society estimates that Ecotourism which is accounting for 15% of the travel industry, could make up as much as 50% by 2010.
Laura Rendell-Dunn, marketing manager for Journey Latin America, asserts that ecotourism is "very popular" among environmentally conscious holidaymakers.
She commented: "We all like to go on holiday but we also want to know that we are not causing damage. That is very much at the forefront of people's minds when they travel now."
The interest in cave tourism in Brazil also has grown quite a lot due to the technical enhancements developed at the conservation units of the country over the years. According to the Brazilian Cave Tourism Society, there about 2,800 registered caves and the institution acknowledges that the number is quite higher. From this total, 53 are considered as tourist sites.
Brazil has launched a two-step program to realize its ecotourism potential sponsored by the Inter-American Development Bank (IDB).The project began last year with a $13 million pilot program called Proecotur to prop up projects in the Amazon. $200 million countrywide program is planned to follow for the infrastructure improvements and to fund the private sector to develop specific attractions, accommodations, etc. Roberto Morao, president of the Brazilian Ecotourism Association (Ecobrasil) has said "Normally you ask for the money first and see how things work out later, But we're going to see how it works first and then move forward."
An ambitious Pantanal Project includes an ecotourism component was launched in conjunction with the IDB. Embratur, Brazilian tourism agency hired the Terra consultancy in partnership with private IEB to make a comprehensive study of potential ecotourism sites around the country. Nearly 88 different eco-poles have been identified and local governments are launching independent initiatives to improve infrastructure and promote travel in these poles.
The environment minister Carlos Minc has introduced new policies to tackle climate changes. He has said that the government is promoting sustainable tourism and it’s good for Brazil because it generates a lot of money for the local communities. The efforts stem to overseas buyers who are investing in property in Brazil as well, according to Mr Minc, who believes that they are being made aware of environmental concerns.
Social BookmarkingAccording to the United Nations (UN) World Tourism Organization, which has stated that the attractiveness of Brazil is due to its "wealth of spectacular places to visit", such as the its overabundance of world heritage sites, including Igaucu national park and the Amazon Conservation Complex.
After the 1992 Earth Summit in Rio de Janeiro, Brazilian ecotourism began to grow exponentially and the country woke up to its eco-potential. According to official figures, 5 million ecotourists visit destinations like the Pantanal, the world's largest wetlands, and Abrolhos, a coastal whale-watching paradise. Ecotourism has generated $4.95 billion for the economy. The tourism industry in general grows by 3% a year, ecotourism is up by 15% and Bonito is experiencing 20-30% annual growth in its tourism trade.
Dorival Bruni, president of the non-profit Biosphere Society estimates that Ecotourism which is accounting for 15% of the travel industry, could make up as much as 50% by 2010.
Laura Rendell-Dunn, marketing manager for Journey Latin America, asserts that ecotourism is "very popular" among environmentally conscious holidaymakers.
She commented: "We all like to go on holiday but we also want to know that we are not causing damage. That is very much at the forefront of people's minds when they travel now."
The interest in cave tourism in Brazil also has grown quite a lot due to the technical enhancements developed at the conservation units of the country over the years. According to the Brazilian Cave Tourism Society, there about 2,800 registered caves and the institution acknowledges that the number is quite higher. From this total, 53 are considered as tourist sites.
Brazil has launched a two-step program to realize its ecotourism potential sponsored by the Inter-American Development Bank (IDB).The project began last year with a $13 million pilot program called Proecotur to prop up projects in the Amazon. $200 million countrywide program is planned to follow for the infrastructure improvements and to fund the private sector to develop specific attractions, accommodations, etc. Roberto Morao, president of the Brazilian Ecotourism Association (Ecobrasil) has said "Normally you ask for the money first and see how things work out later, But we're going to see how it works first and then move forward."
An ambitious Pantanal Project includes an ecotourism component was launched in conjunction with the IDB. Embratur, Brazilian tourism agency hired the Terra consultancy in partnership with private IEB to make a comprehensive study of potential ecotourism sites around the country. Nearly 88 different eco-poles have been identified and local governments are launching independent initiatives to improve infrastructure and promote travel in these poles.
The environment minister Carlos Minc has introduced new policies to tackle climate changes. He has said that the government is promoting sustainable tourism and it’s good for Brazil because it generates a lot of money for the local communities. The efforts stem to overseas buyers who are investing in property in Brazil as well, according to Mr Minc, who believes that they are being made aware of environmental concerns.
Labels: Environment-friendly, Tourism
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.
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
Brazil mounts tourism campaign
Sunday, October 5, 2008
The Brazilian government tourism body Embratur has started new promotional campaigns and will invest millions of pounds to advertise the country's attractions in a bid to support the country's tourism sector.
'Brazil Sensational' is the name of the proposal by the government to attract holidaymakers from UK, France, Canada, Spain, Italy, Germany and the US. The global campaign will run until June 2009 and wants to showcase the aspects of the country, such as its cultural history, rural life, food, the rainforests, adventure tourism and beaches. Leonel Rossi, director of international affairs at the Brazilian Travel Agency Association, has predicted a growth of ten per cent in the number of foreign tourists in Brazil this year.
Commenting on the scheme, Luiz Barretto, Brazil's minister of tourism has said that the purpose is to create higher demand for Brazilian destinations. This new initiative is designed to attract more tourists to Brazil and this could broaden the appeal of the country and potentially open up new areas to tourists. The promotion of Brazil as a holiday location is a good news for overseas investors thinking of buying property in the nation, as holidaymakers may need rental accommodation during their stay.
The Annual Research of Economic Conjecture in Tourism has revealed that after a record year in 2007, when the industry generated $19.8 billion, the revenues are predicted to rise by 16.7 per cent in 2008 and associated sectors including investment and holiday property in Brazil are likely to receive more stimulation.
In related news, the World Travel and Tourism Council has stated that Brazil should be among the top ten countries in the world that generate the most jobs in tourism by 2018.
Social Bookmarking'Brazil Sensational' is the name of the proposal by the government to attract holidaymakers from UK, France, Canada, Spain, Italy, Germany and the US. The global campaign will run until June 2009 and wants to showcase the aspects of the country, such as its cultural history, rural life, food, the rainforests, adventure tourism and beaches. Leonel Rossi, director of international affairs at the Brazilian Travel Agency Association, has predicted a growth of ten per cent in the number of foreign tourists in Brazil this year.
Commenting on the scheme, Luiz Barretto, Brazil's minister of tourism has said that the purpose is to create higher demand for Brazilian destinations. This new initiative is designed to attract more tourists to Brazil and this could broaden the appeal of the country and potentially open up new areas to tourists. The promotion of Brazil as a holiday location is a good news for overseas investors thinking of buying property in the nation, as holidaymakers may need rental accommodation during their stay.
The Annual Research of Economic Conjecture in Tourism has revealed that after a record year in 2007, when the industry generated $19.8 billion, the revenues are predicted to rise by 16.7 per cent in 2008 and associated sectors including investment and holiday property in Brazil are likely to receive more stimulation.
In related news, the World Travel and Tourism Council has stated that Brazil should be among the top ten countries in the world that generate the most jobs in tourism by 2018.
Labels: Holiday-rentals, Tourism
FDI boosts confidence in Brazil's property market
Saturday, August 9, 2008
People considering buying property in Brazil could be interested to hear that foreign direct investment (FDI) in Brazil has been increased, the country's bank has revealed.
Nearly $152 billion (£76 billion) is invested in Brazil by the US and the UK in 2006.US top the table in foreign investment in Brazil, accounting for 47.8 per cent with the UK coming in second at 22.1 per cent. A study by the Brazilian Central Bank found that $34.616 billion (£18 billion) was invested in 2007 while the total FDI for the whole of 2006 was $18.782 billion. The report stated the services sector had received greater volume of funds which suggests that tourism in Brazil is booming. Brazzil mag has reported that Analysts are predicting that Brazil will receive foreign investment of $33 billion (£17 billion) this year.
Altemir Lopes, Head of the central bank's economic department told Bloomberg that the huge inflows exude confidence on the economic fundamentals of Brazil. Meanwhile the central bank's predicts Brazil's economy will boom further as it improved its projected economic growth from 4.66 per cent to 4.69 per cent recently. Overseas property investors looking at property for sale in Brazil could be interested to look at the Latin American country's strong economic indicators.
The IMF's World Economic Outlook Housing and the Business Cycle 2008 report revealed the massive housing growth last year in Brazil and it predicts a rise of 4.4per cent this year.
Social BookmarkingNearly $152 billion (£76 billion) is invested in Brazil by the US and the UK in 2006.US top the table in foreign investment in Brazil, accounting for 47.8 per cent with the UK coming in second at 22.1 per cent. A study by the Brazilian Central Bank found that $34.616 billion (£18 billion) was invested in 2007 while the total FDI for the whole of 2006 was $18.782 billion. The report stated the services sector had received greater volume of funds which suggests that tourism in Brazil is booming. Brazzil mag has reported that Analysts are predicting that Brazil will receive foreign investment of $33 billion (£17 billion) this year.
Altemir Lopes, Head of the central bank's economic department told Bloomberg that the huge inflows exude confidence on the economic fundamentals of Brazil. Meanwhile the central bank's predicts Brazil's economy will boom further as it improved its projected economic growth from 4.66 per cent to 4.69 per cent recently. Overseas property investors looking at property for sale in Brazil could be interested to look at the Latin American country's strong economic indicators.
The IMF's World Economic Outlook Housing and the Business Cycle 2008 report revealed the massive housing growth last year in Brazil and it predicts a rise of 4.4per cent this year.
Labels: Economy, Overseas-property, Tourism
Maceio property investment is hot
Monday, July 21, 2008
Overseas property investors are focusing on Brazil because it offers healthy economy and excellent investment opportunities. Brazil has gained the top spot in various emerging property markets in recent months, and property buyers look around for the next boom area in Brazil.
According to Brazil's institute for tourism, Embratur, tourism in Brazil is growing at a rate of 7.2 per cent annually. Reports from The Annual Research of Economic Conjecture in Tourism on showed that businesses expect tourism revenues to rise by 16.7 per cent in 2008. The news is likely to be welcomed by investors of rental accommodations in Maceio as the city is becoming one of the major tourism destinations in Brazil.
The International Property Investment Network revealed that Maceio city property market is fast growing due to a strong domestic demand. Overseas investors have begun to take a keen interest in the city's investment potential.
Realistic guarantee of long term future market stability, diverse landscape and idyllic climate are "just some of the reasons" investors are flocking the region. Furthermore, property experts have recommended that land costs in Maceio are reasonable with the prices of larger plots often under valued. Property prices have increased by 25 per cent in some areas over the last five years, property in Maceio is still relatively cheap with beachfront properties available for sale from £800 per square meter.
Recently the Morgan Stanley Capital International Global Emerging Markets Index stated that Brazil garnered top spot beating China to the title of the world's biggest emerging market.
Social Bookmarking
According to Brazil's institute for tourism, Embratur, tourism in Brazil is growing at a rate of 7.2 per cent annually. Reports from The Annual Research of Economic Conjecture in Tourism on showed that businesses expect tourism revenues to rise by 16.7 per cent in 2008. The news is likely to be welcomed by investors of rental accommodations in Maceio as the city is becoming one of the major tourism destinations in Brazil.
The International Property Investment Network revealed that Maceio city property market is fast growing due to a strong domestic demand. Overseas investors have begun to take a keen interest in the city's investment potential.
Realistic guarantee of long term future market stability, diverse landscape and idyllic climate are "just some of the reasons" investors are flocking the region. Furthermore, property experts have recommended that land costs in Maceio are reasonable with the prices of larger plots often under valued. Property prices have increased by 25 per cent in some areas over the last five years, property in Maceio is still relatively cheap with beachfront properties available for sale from £800 per square meter.
Recently the Morgan Stanley Capital International Global Emerging Markets Index stated that Brazil garnered top spot beating China to the title of the world's biggest emerging market.
Labels: Maceio, Market-Trends, Tourism
Brazil taps into Mexican market
Tuesday, June 17, 2008
Brazil's tourism institute has revealed that an increasing number of tourists are choosing to take their holidays in Brazil and the overall number of foreign arrivals during 2008 was likely to exceed the total recorded a year earlier.
Embratur has created a new body, The Discover Brazil to attract tourists from Mexico and the new promotional campaign will begin from June. This shows that government is taking efforts to market the country as a good holiday destination abroad. Tourism officials, Representatives of the four airlines that operate between the two countries, travel agents and diplomats met recently to decide on implementing the service in Mexico.
The promotional drive will be launched across various parts of Mexico to support the country as a tourist destination amongst the Mexican people. The campaign will benefit investors of rental accommodation in Brazil as the country's government is actively targeting the tourist sector and trying to attract overseas vacationers through various means.
Prices are still relatively cheap but with the stable economy property experts believe that there is a strong basis for property prices to catapult higher. Consequently, property investors who enter the market ahead of price appreciation could find their purchase is worth much more within short span of time.
Social BookmarkingEmbratur has created a new body, The Discover Brazil to attract tourists from Mexico and the new promotional campaign will begin from June. This shows that government is taking efforts to market the country as a good holiday destination abroad. Tourism officials, Representatives of the four airlines that operate between the two countries, travel agents and diplomats met recently to decide on implementing the service in Mexico.
The promotional drive will be launched across various parts of Mexico to support the country as a tourist destination amongst the Mexican people. The campaign will benefit investors of rental accommodation in Brazil as the country's government is actively targeting the tourist sector and trying to attract overseas vacationers through various means.
Prices are still relatively cheap but with the stable economy property experts believe that there is a strong basis for property prices to catapult higher. Consequently, property investors who enter the market ahead of price appreciation could find their purchase is worth much more within short span of time.
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
Cheaper airfares set to boost Brazilian tourism
Monday, June 9, 2008
The National Aviation Agency has announced it will authorize airfare reductions of up to 80 per cent Brazil aviation industry figures reveal that demand for flights to Brazil is increasing at a significant rate.
The agency, which controls the nation's commercial flights policy, has announced that the initial reductions will start from the flights for any of South American region's other 12 countries and has plans to expand the policy to other continents in the near future.
The new policy is expected to make international air travel in Brazil more viable and it is set to enhance the country's tourism industry and increase the visitor's numbers, therefore enhancing its appeal as an overseas investment spot.
As a result, it is likely that many of the locations in Brazil will benefit from increased visitor numbers. This could be a positive development for owners of rental accommodations, as they could experience a surge in demand for tourist accommodation. Therefore, this may attract more overseas investors to consider purchasing property in Brazil to take advantage of the growing market.
Maraa del Mar Ayudarte, Air Europa's head of international sales has recently said that The UK market to Latin America is booming. Rhiannon Williamson, director of Amberlamb has said that Brazil is easily and affordably accessible from UK and mainland Europe and also it offers "outstanding" investment opportunities.
Social BookmarkingThe agency, which controls the nation's commercial flights policy, has announced that the initial reductions will start from the flights for any of South American region's other 12 countries and has plans to expand the policy to other continents in the near future.
The new policy is expected to make international air travel in Brazil more viable and it is set to enhance the country's tourism industry and increase the visitor's numbers, therefore enhancing its appeal as an overseas investment spot.
As a result, it is likely that many of the locations in Brazil will benefit from increased visitor numbers. This could be a positive development for owners of rental accommodations, as they could experience a surge in demand for tourist accommodation. Therefore, this may attract more overseas investors to consider purchasing property in Brazil to take advantage of the growing market.
Maraa del Mar Ayudarte, Air Europa's head of international sales has recently said that The UK market to Latin America is booming. Rhiannon Williamson, director of Amberlamb has said that Brazil is easily and affordably accessible from UK and mainland Europe and also it offers "outstanding" investment opportunities.
Labels: Latest-News, Tourism, Travel
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.
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
Investors snap up property in North-east Brazil
Saturday, May 10, 2008
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
Promotional campaign to boost Brazil tourism
Saturday, April 26, 2008
Brazilian tourist authorities have announced the launch of new promotional campaign to boost Brazilian tourism. The $6 million promotional campaign is launched across various media, including print publications, TV campaign and internet.
The national tourism institute official figures show that visitor numbers to Brazil climbed in October, showing a 15.2% year-on-year increase. Brazil saw an increase from the 479,550 from October 2006 to 552,520 people arriving in october2007. They also indicated the growing trend of package tourism visitors.
Property investor Louise Brown stated that speaking to the Telegraph; the surge of tourists would boost the local economy, with the holiday industry being the linchpin.
In the year 2006, 721,633 Americans visited Brazil, outnumbered only by Argentinean tourists. So billboards highlighting Brazil's tourist destinations are erected in a number of major US airports. Brazil’s tourism industry is predicting total number of visitors in 2008 should well exceed that of last year based on the current performance of Brazil’s travel industry so far this year.
The stats indicate good tidings for overseas investors into the country’s developing second home property market and holiday rental accommodations. The promotional drive to boost country’s tourism further increases Brazil’s claim as next big thing as travelers and property investor’s world over seek new emerging destinations
Social BookmarkingThe national tourism institute official figures show that visitor numbers to Brazil climbed in October, showing a 15.2% year-on-year increase. Brazil saw an increase from the 479,550 from October 2006 to 552,520 people arriving in october2007. They also indicated the growing trend of package tourism visitors.
Property investor Louise Brown stated that speaking to the Telegraph; the surge of tourists would boost the local economy, with the holiday industry being the linchpin.
In the year 2006, 721,633 Americans visited Brazil, outnumbered only by Argentinean tourists. So billboards highlighting Brazil's tourist destinations are erected in a number of major US airports. Brazil’s tourism industry is predicting total number of visitors in 2008 should well exceed that of last year based on the current performance of Brazil’s travel industry so far this year.
The stats indicate good tidings for overseas investors into the country’s developing second home property market and holiday rental accommodations. The promotional drive to boost country’s tourism further increases Brazil’s claim as next big thing as travelers and property investor’s world over seek new emerging destinations
Labels: Tourism
Salvador de Bahia, considered a magnet for tourists
Wednesday, March 5, 2008
Brazils Salvador de Bahia, is said to be a 'magnet for tourists'.Joao Pedro Fonseca, who has been studying the region's history, told when speaking to the Earth Times that Salvador de Bahia is a marvelous historic center, and is no doubt, a magnet for tourists.
Being considered as the Capital city of Brazil during the period 1549 to 1763, the city has an historic significance, for which, it was awarded the World Heritage status by UNESCO about 22 years ago.
A local conservationist, Aurelio Rocha, said that the region is an 'ideal location for eco-tourism.' Located, just 430 kilometers away from Salvador de Bahia, the holidaymakers get to see the 'unique, natural landscape' of Chapa Diamantina, a plateau with table-mountains, waterfalls, canyons, lagoons and caves.
The Brazilian Institute of Tourism, Embratur, has announced that it expects more than 500 travel industry professionals to participate in the Conference in Brazil, during this summer, and is intended to promote the travel credentials in the country.
The Destination Showcase in Brazil, will take place between 16th and 17th June, which will focus on Latin American destinations such as Lencois Maranhenses, Iguassu Falls, Delta do Parnaiba, Fernando de Noronha, Pantanal, Bahia, Angra dos Reis and Paraty, are few of them.
Labels: Bahia, Environment-friendly, Tourism
Travelling to Brazil, made easier with GOL airlines
Tuesday, March 4, 2008
Flying to Brazil is now made easier, which comes as good news for property investors.
A low-cost flight booking service, Alternative Airlines, has included Brazilian airline Gol to its booking engine, offering travelers another option for booking their trip.
Being the largest low-budget airline in Brazil, it operates domestic flights throughout the country, with San Paulo being the main hub.
According to a representative of Alternative Airlines, "This is a real breakthrough, and now more options can be given to customers with plenty of airline choices. Passengers usually desire to book the cheapest fare possible, without much botheration about the in-flight meals provided."
The Brazilian Tourism Institute has announced that its expenditure by visitors to the country has touched £2.5 billion, the highest ever amount, in 2007. According to the Central Bank in the country, the month of December, particularly, is the month that recorded maximum tourist revenues, touching £469 million.
Social BookmarkingA low-cost flight booking service, Alternative Airlines, has included Brazilian airline Gol to its booking engine, offering travelers another option for booking their trip.
Being the largest low-budget airline in Brazil, it operates domestic flights throughout the country, with San Paulo being the main hub.
According to a representative of Alternative Airlines, "This is a real breakthrough, and now more options can be given to customers with plenty of airline choices. Passengers usually desire to book the cheapest fare possible, without much botheration about the in-flight meals provided."
The Brazilian Tourism Institute has announced that its expenditure by visitors to the country has touched £2.5 billion, the highest ever amount, in 2007. According to the Central Bank in the country, the month of December, particularly, is the month that recorded maximum tourist revenues, touching £469 million.
New deal signed to expand tourism in Brazil
Wednesday, February 27, 2008
A new agreement has been entered into between the Brazilian Institute of Gems and Precious Metals (IBGM) and the Ministry of Tourism, to expand the tourist market in the nation.
The deal has been signed in order to establish tourist routes in the gems, jewels and precious stone circuits, in the state of Minas Gerais and Rio Grande do Sul. Also, the two bodies are expected to attract foreigners with their gems and precious stones sector, apart from museum representatives and geologists, reports Brazilian Arab News Agency, ANBA.
A consultant at the IBGM, Marcelo Soares, told ANBA that, at present, there should some preparation from the end of mining ground to receive the tourists. Other states too, that have potential in mines, like Para and Bahia, should be analyzed.
Property Expert, Felipe Cavalcante, mentioned that at present, The Association for the Real Estate and Tourism Development in the North-East Brazil revealed that 97 percent of international tourists, who visit Brazil, return to Brazil.
Social BookmarkingThe deal has been signed in order to establish tourist routes in the gems, jewels and precious stone circuits, in the state of Minas Gerais and Rio Grande do Sul. Also, the two bodies are expected to attract foreigners with their gems and precious stones sector, apart from museum representatives and geologists, reports Brazilian Arab News Agency, ANBA.
A consultant at the IBGM, Marcelo Soares, told ANBA that, at present, there should some preparation from the end of mining ground to receive the tourists. Other states too, that have potential in mines, like Para and Bahia, should be analyzed.
Property Expert, Felipe Cavalcante, mentioned that at present, The Association for the Real Estate and Tourism Development in the North-East Brazil revealed that 97 percent of international tourists, who visit Brazil, return to Brazil.
Labels: Tourism
Brazil witnessing increased numbers of 'fitness travelers'
Tuesday, February 26, 2008
The travel website, Flight Center, reports that it has seen an increasing number of "fitness travelers", a new type of holidaymakers, heading towards Brazil this year. Consequently, the website has put together a collection of "tailor-made" holidays for such tourists, looking for "sporty sojourn".
Brazil, a hot-spot holiday location, has been singled out by tour operators, as a destination, for those desiring to "workout worldwide". The 'beautify your body' trip in Brazil attracts plenty of holidaymakers to Rio de Janeiro, where they can also practice the Afro-Brazilian martial art, Capoeira, invented during the 16th century. Rio also has schools that are open to travelers, who practice capoeira, both as a sport and for fitness.
The deal by Flight Center, includes a stay of seven nights at a four-star hotel in Capocabana beach in Rio. The starting price for the trip is £829 for one person, including travel.
The high interest that Brazil draws from travelers, as a tourist destination, is a good boon for its property market. The Sales and Marketing Director of Brazilian property specialist uv10, Samantha Gore, commented that "tourism and property investment are like close cousins", each having a huge knock-on impact on the other.
According to Ministry of Tourism in Brazil, Embratur, the tourism market in the nation is currently growing at the rate of 7.2 percent annually.
Social BookmarkingBrazil, a hot-spot holiday location, has been singled out by tour operators, as a destination, for those desiring to "workout worldwide". The 'beautify your body' trip in Brazil attracts plenty of holidaymakers to Rio de Janeiro, where they can also practice the Afro-Brazilian martial art, Capoeira, invented during the 16th century. Rio also has schools that are open to travelers, who practice capoeira, both as a sport and for fitness.
The deal by Flight Center, includes a stay of seven nights at a four-star hotel in Capocabana beach in Rio. The starting price for the trip is £829 for one person, including travel.
The high interest that Brazil draws from travelers, as a tourist destination, is a good boon for its property market. The Sales and Marketing Director of Brazilian property specialist uv10, Samantha Gore, commented that "tourism and property investment are like close cousins", each having a huge knock-on impact on the other.
According to Ministry of Tourism in Brazil, Embratur, the tourism market in the nation is currently growing at the rate of 7.2 percent annually.
Labels: Investment-property, Tourism
Brazilian real estate market is hard to surpass
Wednesday, February 20, 2008
An industry expert has said that the real estate market in Brazil is 'hard to surpass'.
Jamie Strong, a property expert, when speaking to the media about the emerging property market in Brazil, said "The one thing which would really help Brazil is, when the mortgages are available to foreigners. That will really open up the market."
Jamie also appreciated the property range available in Brazil, and the ease with which a property can be purchased in the Latin American nation.
The President of 'The Association for Real Estate & Tourism Development' in North-East Brazil (Adit), Felipe Cavalcante, has highlighted the impressive features of the nation for potential investors. About 97 percent of international tourists, who visit Brazil, once again returns and emphasizes on the work that Adit is doing towards building relationships with businesses in the area. It also forms a "one-stop-shop" for foreign investors, who can purchase properties at a "fraction of the price" in Brazil.
According to Felipe, capital appreciation on properties in the North-East of Brazil is expected to pick-up by 30 percent. The Brazilian Institute of Tourism has reported that the tourism in Brazil is growing at a rate of 7.2 percent.
Social BookmarkingJamie Strong, a property expert, when speaking to the media about the emerging property market in Brazil, said "The one thing which would really help Brazil is, when the mortgages are available to foreigners. That will really open up the market."
Jamie also appreciated the property range available in Brazil, and the ease with which a property can be purchased in the Latin American nation.
The President of 'The Association for Real Estate & Tourism Development' in North-East Brazil (Adit), Felipe Cavalcante, has highlighted the impressive features of the nation for potential investors. About 97 percent of international tourists, who visit Brazil, once again returns and emphasizes on the work that Adit is doing towards building relationships with businesses in the area. It also forms a "one-stop-shop" for foreign investors, who can purchase properties at a "fraction of the price" in Brazil.
According to Felipe, capital appreciation on properties in the North-East of Brazil is expected to pick-up by 30 percent. The Brazilian Institute of Tourism has reported that the tourism in Brazil is growing at a rate of 7.2 percent.
Labels: Market-Trends, Tourism
