An insider update: New investment opportunities in Natal,Rio Grande do Norte

PRLog (Press Release) – Jul 15, 2008 – As with all significant emerging real estate markets, there are noticeable periods of sustained growth, shorter periods of consolidation during which prices of real estate find more realistic levels and periods when nothing much appears to be happening - at least on the surface !!!

As at July 2008, Natal is experiencing the latter where the market seems pretty quiet and not a lot seems to be happening - this is partly due to the fact that it is the low season here, which has been much wetter than normal though still warm, with sunny spells and with temperatures around the 23 - 25 degrees, partly due to the difficult market conditions in Europe and the USA, and partly due to the fact that both local and foreign investors are waiting to determine the outcome of the longer term plans and strategies for the ¨¨ Sunshine State ¨¨. The State Governor of Rio Grande Do Norte, of which Natal is the capital, has personally commissioned a series of high profile public seminars to discuss and debate the longer term  future strategy for the region - these seminars are involving key personalities from local and federal government, as well as senior and well known business personalities from the private and public sectors.

Whilst we believe that ,in the main, the local government has already decided what it intends to do, these seminars nevertheless present an excellent opportunity to present the key issues in public and to allow the Government the opportunity to informally announce its intentions - the principal strategic issues included in the seminars range from the plans for the new airport and proposed duty - free trade zone,which will make Natal the largest cargo hub in South America, the development of sustainable tourism,the infrastructure issues connected with the longer term development of the City and surrounding areas such as roads and communication,water supply and treatment, sewage systems, public services, job creation, and the impact that future investment and tourism will have on the local population - furthermore a recent high level study has recently been released that reveals that the growth in the population of Natal could increase by as much as 1.6 million people by 2023 - the current population is approximately 900,000.

In spite of the public seminars, it is now clear that the new airport is under construction and Beach Property Investment Ltda  already has aerial photos of the new airport runways and taxiing areas, which are designed to take the new Airbus A380. Beach Property Investment Ltda  has also been reliably informed that the first phase of the new airport will be completed by the end of 2010.

Whilst Natal is experiencing a period of relative calm as far as the local real estate market is concerned, we nevertheless remain confident that this is seasonal and that by the end of the year, we can expect to see renewed investor activity, once the Government plans and strategies become more widely known and there is strong evidence available to demonstrate that there is action in progress.

In our opinion the current market conditions also present very good opportunities to purchase commercial properties and land at good discounts,and in a market which will continue to produce significant returns going forward. In view of this, Beach Property Investment Ltda  has just launched a new product for its investor clients - the opportunity to purchase plots of land at the site of the new airport. These vary in size starting from one hectare / 10,000 sq metres upwards and are located within immediate access of the new airport and within the perimeter boundary of the proposed duty-free trade zone. These are now available for sale and offer outstanding future commercial opportunities and returns.

We will be pleased to advise our clients on the purchase of commercial plots in the airport area, and any other commercial  / land opportunities in the region.

See http://www.beachpropertyinvestment.net

For further details please contact russell@beachpropertyinvestment.net