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All indicators show that Brazil’s property market is becoming an exciting and tempting prospect for any discerning second-home owners or shrewd investors alike. In areas of such obvious growth and potential, such as Natal, property purchasers can be assured they will experience considerable financial gains as the demand for property in the worlds fifth biggest country increases. The property boom is just beginning to take off, so any potential investor can be sure that they are getting in early. Current growth in the property market is approximately between 20-30%. There was a 50% increase in tourists visiting Brazil between 2002 and 2005. Natal alone, in the north east of the country, will have more than $1.5 billion dollars invested in it over the next 5 years leading to the construction of new hotels, resorts and infrastructure. Significantly, this includes an international airport to feed the resorts from Europe and the USA. There can be little doubt that in the years to come Natal is going to become a tourist hotspot. The Brazilian government is actively encouraging foreign direct investment by relaxing legislation and making the buying process as simple as possible; therefore making it as easy as possible for investors to cash in on the high levels of capital growth predicted in the years to come. The tourist industry in Brazil is not dependant on foreigners. Many wealthy Brazilians holiday in the north east of Brazil. This ensures strong demand for the resorts underdevelopment. Notably, there is an ever increasing amount of homebuyers looking to relocate to countries with better quality of life and lower costs of living. Brazil offers exactly this. Demand therefore is going to increase significantly, which will provide extremely high rental returns and means there will always be an exit strategy available to the investor. |