Banking on BRICS: Up to 20% house price growth in Brazil
The BRIC-member nation of Brazil remains one of the best performing housing markets in the world according to the latest worldwide survey of house price indices from the Global Property Guide.
The latest GPG report revealed that house prices surged by almost 20% in 2011 in Sao Paulo, Brazil while the city was one of only a handful, which saw house prices rise in the fourth quarter, surging by 3.93%.
“The strong performance of Brazil’s property market reflects several factors, including a very strong domestic economy, which remarkably experiences very little exposure to global economic fluctuations. Many people have forecast that Brazil’s boom will come to an end, but there is little sign of that happening at the moment,” notes Matthew Montagu-Pollock, editor of Global Property Guide.
Indeed, Brazil is fast becoming a sound property investment choice thanks to its affordable cost of living, great weather and strong capital appreciation and is performing exceptionally better than many European nations.
“In contrast with this trend, Brazil is definitely rising up in the property ranks. Having overtaken the UK to become the sixth-largest economy in the world and with the minimum wage of the Brazilian population rising by around 10% in 2011 domestic tourism and
consumption has been heightened throughout the country,” adds Dean Thomas, MD of DLT property, developers of Palm Springs Natal in northeast Brazil (
www.palmspringsnatal.com).
Given that both Brazil’s economy is flourishing and its property market is performing strongly, Brazil as an investment destination presents one of the most exciting opportunities available today.
“I personally bought a plot of land at Palm Springs because it is located in one of themost desirable locations in our region.”
Fernando Lessa Health Secretary Rio Grande do Norte
“I have purchased three plots of land at PalmSprings and will be constructing a large villa because it is a wonderful development.”
Germano Patriota Mayor, Ielmo Marinho Rio Grande do Norte
Call: 0207 183 7565 |
www.palmspringsnatal.com
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68