Brazil’s stable economic and political conditions are contributing factors in the country’s current emerging property market. This is along with the predicted exceptional returns in the next ten years. For foreign investors who would like to take advantage of the incredible potential of Brazil’s property market, finalizing the location for an investment is what makes the difference in this lucrative business.
Members who responded in this forum have agreed that there are different metrics for determining the perfect location for an investment in Brazil. Foremost of these would be the motivation for investing as well as the amount that the investor is willing to lay out. These two aspects can help determine the type of property that would be most suitable for the needs of the investor. This would then go hand in hand with the market base together with the location.
Each location can provide you with different reasons for investing, such as the area’s infrastructure, the climate, the locals and the neighborhood, and the price of these properties. Most importantly, when choosing a location, one should look at the tourist figure within the area. This is to ensure capital appreciation and high demand of the investment, which can be appropriate for both second homes and letting properties.
With the specific locations that members have cited, the most common denominator between these locations is the fact that they are all tourist-frequented areas. Among the specific areas given were Natal, Fortaleza, Rio Grande do Norte, Ceara, Bahia, Cumbuco, and Pipa—all of which are either established tourist destinations or have been growing increasingly popular with tourists.
Hence, Brazil ranks as one of the top countries in the property investment league wherein investment properties in the country are easily snapped up by investors who are taking advantage of the incredible potential of Brazil’s property market. With the country’s favorable political environment and stable economy together with the relatively lower property rates in the country, Brazil will continue to attract investors. Aside from this, it will consequently bring with it the so-called property boom that has long been predicted for Brazil.
Property investments in Brazil are pouring into the country’s most frequented tourist locations. The areas of Natal, Fortaleza, and Rio Grande do Norte are long established tourist destinations. The influx of tourists has created a steady demand for rental accommodations.
The coast northeast of Natal is currently receiving much attention from tourists. One village in this area that has received such attention is Praia da Pipa in Rio Grande do Norte. It is about an hour south of Natal, along the district of Tibau do Sol. Thus, Pipa’s attraction lies in its great waves, which was discovered by surfers as early as the 80’s. Its miles of quiet beaches that offer excellent facilities for various outdoor and water activities as well as its lively nightlife was voted as the best in northeast Brazil.
With property prices being relatively inexpensive and having a stable rental market, the charming region of Brazil holds a tremendous potential for those who would view it as a new tourist and property investment hotspot.