1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account

Brazil Leads Race out of Recession

“Brazil is emerging from the crisis and next year we are going to have surprising growth” President Lula da Silva said last month. Bold but accurate. In fact the OECD is predicting 4% economic growth for Brazil in 2010. What’s its secret?

FOR IMMEDIATE RELEASE

PRLog (Press Release) - Aug 16, 2009 -
“Brazil is emerging from the crisis, and next year we are going to have surprising growth” President Lula da Silva said last month.  A bold but not inaccurate statement.  There’s enough evidence to suggest that Brazil is amongst the first to rebound from the economic slump in an emphatic manner.  In fact the OECD is predicting 4% economic growth for Brazil in 2010.  What’s its secret?

Samantha Gore, Head of Sales and Marketing for Brazil property experts www.uv10.com, comments, “President Lula da Silva can be credited for helping to reduce poverty in Brazil and initiating a massive expansion of the middle class which has in turn stimulated huge growth in the property market – a sector that has been critical in the country’s resilience to recession.  Whilst it would be spurious to suggest that Brazil’s property market is going to accelerate at the rates of recent years, it is highly unlikely that it will come to a halt for a number of reasons.”

“At the heart of Government policy is its low income housing scheme ‘Minha Casa, Minha Vida - My House, My Life’ which, with the aid of cash grants and discounted mortgages, will create one million affordable homes for an ownership-hungry population.” Samantha continues, “Many developers are keeping themselves busy working on this project and are posting significant profits – a contrast to their Spanish counterparts who are tumbling into insolvency by the dozen.  Brazil’s Central Bank is also doing its best to keep the economy moving and has taken bold steps to slash interest rates to their lowest level ever - 8.75% - a fifth consecutive cut for 2009 which brings rates down by five percentage points since the start of the year.  This has led to an enormous expansion in first-time credit and a 20% increase in bank lending over this time last year.”

Samantha concludes, “Add abundant natural resources, increased retail sales, strong investment in infrastructure, the FIFA World Cup 2014 factor and huge expenditure on tourism resulting in a massive 5.2 million international arrivals for 2008 - up from just 1.9 million in 1995 - and it’s clear why Brazil is making a sharp exit from recession.”

www.uv10.com is promoting a slump-busting development of ‘Zen Spa’ properties close to Pipa’s prized beaches and priced from just £75,000 gbp*.  Marrying contemporary Norwegian design with indigenous construction materials, Pipa Beleza comprises a boutique collection of apartments, penthouses and villas with massive roof terraces to maximise views and a sense of limitless space.

On-site facilities are abundant and include a private Ocean Club comprising Thai-style Spa and massage therapies, relaxing pools, Balinese baths, a yoga / Pilates studio, meditation garden, rooftop juice bar, champagne gazebo, convenience store and chic fusion restaurant operated by an award-winning Californian chef.  Pipa village with its vibrant bars, restaurants and designer shopping is within walking distance and the lush Atlantic forest which surrounds the village provides protection from overbuilding.  Pipa employs strict conservation laws and as a result the limited property available enjoys above average capital appreciation.  Natal’s International Airport is around 80km from Pipa meanwhile the city’s major new international airport is already under construction and set to be the eighth largest in the world.

With completion on course for late 2009, Pipa Beleza will have full rental management and hotel services in place within the resort in order to maximize both investment and lifestyle aspects of the property.  Just a handful of units remain and current prices at Pipa Beleza start from only £75,000 gbp* for a large two bedroom apartment with private garden and optional private pool.                                                                                                         *prices fixed in local currency

Contact uv10 on info@uv10.com, visit www.uv10.com or telephone UK local rate +44 (0)845 643 1036 or the Spanish office +34 952 764 560.  Skype uv10-brazil.

-ends-
for further press information or photography please contact Sarah Drane on sarah@purplecakefactory.com or call 00 34 607 564 726

# # #

About www.uv10.com - uv10 is a dedicated Brazil property specialist with an unparalleled knowledge of the country country north-east region, the buying process and the best areas to invest in at any given time. Our geographicalparticular area of expertise is the north east region, in, particularespecially Natal and the trendy boutique resort town of Pipa. We are regular visitors to Brazil and provide clients with an insider know-how rarely found amongst our peers. uv10’s customer service is ongoing and highly personalised and we nurture long-term relationships which leads to a high level of client referrals. We continuously expand our listings as we vet in person the latest and best properties on the market in Brazil.

--- end ---

Click to Share

Contact Email:
***@purplecakefactory.com Email Verified
Source:www.uv10.com
Country:Spain
Industry:Real Estate, Property, Finance
Tags:, , , , , , , , ,
Last Updated:Aug 16, 2009
Shortcut:http://prlog.org/10311565
Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Latest Press Releases By “

More...

Upcoming Press Releases...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
3.5K1.4K1.3K
Click to Share