Real Estate in Brazil by Paul Fenelle
Property in Brazil is a versatile often lucrative investment with various options available to all types of real estate buyers. Worldwide property investors are focusing strongly on Brazil because it offers an excellent early investment along with a healthy stable economy.
Brazil is currently on the brink of a property boom - Property prices in the past few years have already increased by an amazing 20% per annum in many areas, and inflation sits at an all-time low at around 5%. In stark contrast to the U.S.
Property in Brazil is attracting land and property investors who seek to purchase from the start and reap great rewards from both commercial and residential property. While the interior of the country still remains forested and largely unpopulated, some areas such as the north east coast at Bahia, as well as Rio and Sao Paulo are experiencing a wave of new development which is set to offer excellent returns on investment.
As Brazil is now connected by direct flights to the US, UK and the rest of Europe, as it is becoming increasingly popular as a holiday destination, vacation hotspot, and offers some beautiful beaches, nature and cultural heritage that are far removed from European destinations. Although non-traditional, Brazil vacation spots rival the best the globe has to offer, its aalso a great value!
Brazil is constantly improving its infrastructure to accommodate this growing trend and the Central Government is also funding a R$300,000,000 upgrade to the airport at Maceio, raising it to international status. The work will include the construction of a bridge to connect north Maceio to the vibrant city of Recife. Once the bridge is completed, greatly improved access to the north will doubtless cause property prices to rise according.
Paul Fenelle is Vice President of International Equities. A. Paul Fenelle is CEO.
Paul Fenelle and his wife Maria Ortiz-Fenelle, vacation in Brazil frequently and enjoy its beautiful scenary and friendly people.
As always consult with an expert before making any investments.
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