 |
|

Low Prices
Brazil and the Bahia region in particular ofers excellent prices in a beautiful idyllic setting – property can be anything up to half the price of Spain, and is cheaper than the Caribbean. Construction costs are much cheaper too.
Booming tourism
Foreign tourism is developing fast. Internet travel company Opodo has predicted that Brazil will be one of the top emerging destinations in 2007. From 2007 – 2014, tourism is set to grow at 4.3% per annum. (source WTTC).
Solid economic future
Te BRIC countries (Brazil, Russia, India and China) have all, in recent years, taken steps to reform their political and economic systems in order to compete in the world economy. Te term “BRIC” was originally coined in a 2003 paper by Goldman Sachs, which predicted that this group of countries has the potential to become economically stronger than the current richest countries in the world by 2050. Increasing wealth amongst the population will increase demand for property and push up prices.
No restrictions on Property ownership
Tere are no restrictions on foreign ownership as the government is keen to encourage inward foreign investment. All property in Brazil is freehold.
Local Mortgage Market expanding
Falling interest rates and increasingly accessible mortgages will push up property prices. According to Te Daily Telegraph (13/01/07), only 22% of the population have fnanced their property with a mortgage, compared to 70% in Europe and USA. As banks diversify and develop their mortgage products, the market will grow, and the knock-on efect will be increasing demand for property.
Government economic improvments
President Luiz Inacio Lula da Silva, popularly known as Lula, was elected for a second term in October 2006 with a strong agenda of economic reform and improvement. Under his government, interest rates have dropped to 15.75% from 26.5% in 2003. He is also working to bring down infation – it is currently at 5% after reaching a dizzying 2,500% in 1993. While these fgures may still seem high to us, the improvement within Brazil is enormous.
Getting in early
Brazil’s property market is in early stages of development which means there is lots of room for growth, balanced by the government’s stated policy of “high-priority sustainable development”. Additionally, with the pound strong, UK investors have increased buying power there.
The beautiful People
Anyone who has been to Brazil or who has encountered Brazilians will tell you how passionate, energetic and friendly they are – they embrace a love of life and love a party – their carnivals are renowned the world over! Tey are passionate about life, football, music and food – their heartfelt belief is that life is there to be enjoyed!
Low cost of living
Te cost of living in Brazil can be as little as 20% of that of the UK. Tis means that it is possible to enjoy high standards at relatively low cost.
Increased local buying power
Recent economic growth, the government’s fscal improvements and growing fnancial confdence have meant that Brazilians are becoming increasingly well-of. Tey have increased buying power and as mentioned, their mortgage market is set to expand and grow. Brazilians love their country and are waking up to the possibilities of investment property ownership. Tey are eager to invest in high quality developments for second homes and holiday homes. City-dwellers in particular aspire to owning somewhere they can escape the noise, trafc and mayhem of the big cities of Sao Paulo and Rio de Janeiro.
1 Comment
Add this link to...
Tell a friend
Bury
| 
Brazil and the Bahia region in particular ofers excellent prices in a beautiful idyllic setting – property can be anything up to half the price of Spain, and is cheaper than the Caribbean. Construction costs are much cheaper too.
Booming tourism
Foreign tourism is developing fast. Internet travel company Opodo has predicted that Brazil will be one of the top emerging destinations in 2007. From 2007 – 2014, tourism is set to grow at 4.3% per annum. (source WTTC).
Solid economic future
Te BRIC countries (Brazil, Russia, India and China) have all, in recent years, taken steps to reform their political and economic systems in order to compete in the world economy. Te term “BRIC” was originally coined in a 2003 paper by Goldman Sachs, which predicted that this group of countries has the potential to become economically stronger than the current richest countries in the world by 2050. Increasing wealth amongst the population will increase demand for property and push up prices.
No restrictions on Property ownership
Tere are no restrictions on foreign ownership as the government is keen to encourage inward foreign investment. All property in Brazil is freehold.
Local Mortgage Market expanding
Falling interest rates and increasingly accessible mortgages will push up property prices. According to Te Daily Telegraph (13/01/07), only 22% of the population have fnanced their property with a mortgage, compared to 70% in Europe and USA. As banks diversify and develop their mortgage products, the market will grow, and the knock-on efect will be increasing demand for property.
Government economic improvments
President Luiz Inacio Lula da Silva, popularly known as Lula, was elected for a second term in October 2006 with a strong agenda of economic reform and improvement. Under his government, interest rates have dropped to 15.75% from 26.5% in 2003. He is also working to bring down infation – it is currently at 5% after reaching a dizzying 2,500% in 1993. While these fgures may still seem high to us, the improvement within Brazil is enormous.
Getting in early
Brazil’s property market is in early stages of development which means there is lots of room for growth, balanced by the government’s stated policy of “high-priority sustainable development”. Additionally, with the pound strong, UK investors have increased buying power there.
The beautiful People
Anyone who has been to Brazil or who has encountered Brazilians will tell you how passionate, energetic and friendly they are – they embrace a love of life and love a party – their carnivals are renowned the world over! Tey are passionate about life, football, music and food – their heartfelt belief is that life is there to be enjoyed!
Low cost of living
Te cost of living in Brazil can be as little as 20% of that of the UK. Tis means that it is possible to enjoy high standards at relatively low cost.
Increased local buying power
Recent economic growth, the government’s fscal improvements and growing fnancial confdence have meant that Brazilians are becoming increasingly well-of. Tey have increased buying power and as mentioned, their mortgage market is set to expand and grow. Brazilians love their country and are waking up to the possibilities of investment property ownership. Tey are eager to invest in high quality developments for second homes and holiday homes. City-dwellers in particular aspire to owning somewhere they can escape the noise, trafc and mayhem of the big cities of Sao Paulo and Rio de Janeiro.
1 Comment
Add this link to...
Tell a friend
Bury
|
Preview
Comments
Song lyrics. Artists biography. Find your favourite lyrics, song-texts, artists biography and reviews http://mp3bumbule.com
http://groove-bay.com/