Property boom under way in north east Brazil

[Nicholas Wallwork]

A residential property boom is under way in the north east of Brazil, historically the poorest region of the country, it is claimed. The region is now on the move and posted the highest GDP growth figures in the country from 2000 to 2010, some 4.2% versus 3.6% for the nation as a whole. A [...]

Click to Read The Full Story and Add your Own Comments to Property boom under way in north east Brazil

 

[RainerR]

Boom or Bomb

As long as the nearly 30% devaluation of the Real is passed on to the buyers, things become more attractive again.
Pity flights are still extremely expensive, and most locations are poorly served!

A residential property boom is under way in the north east of Brazil, historically the poorest region of the country, it is claimed. The region is now on the move and posted the highest GDP growth figures in the country from 2000 to 2010, some 4.2% versus 3.6% for the nation as a whole. A [...]

Click to Read The Full Story and Add your Own Comments to Property boom under way in north east Brazil