Brazil Property - A Fantastic Buy to Let Opportunity
Year Round Holiday Destination
The north east of Brazil is a year-round holiday destination, not only popular with foreigners, but a destination of choice for Brazilian tourists; domestic tourists visit at the height of their summer season between December to February and foreign tourists arrive during the peak times of the European summer months.
Demand Rental Accommodation
Demand for rental accommodation / holiday homes is consistent throughout the year. 1.7 million of Brazil’s 180 million population choose to visit Natal each year, with a notable surge in highend tourism from the emerging middle classes and more affluent Brazilians - 90% of Natal’s rentals are sourced from the domestic home market.
Tourism facilities have greatly improved along the Natal coastline with significant investment into resorts and golf courses - 10 golf courses are within 30 minutes of Maracajaú.
Such heavy investment and improvements to entice the growing numbers of tourists will only stimulate rapid growth in the rental market.
Beach Front developments
Águas Cristalinas beachfront development in Maracajaú benefits from being situated on one of the most popular snorkelling sites on the north east coast; rental demand is high with promising rental yield earnings, despite the north east’s young property market.
Rental Yields
Property developments within the Natal region are generating rental returns of approximately 10% per year. Such affordable property prices at Águas Cristalinas translate to high rental earning potential over the long term.
Year-on-year rental yields are rising rapidly with average rental returns of between 4% and 6% in 2007. Substantial demand for residential properties has driven property prices up by an impressive 20% per year.
Tourism Indicators
All indicators point to highly promising rental returns on holiday homes for those investors looking at a longer term property investment approach; established domestic tourism alongside a growing international tourist market, a large population of Brazilian millionaires who choose to holiday in their own country, substantial investment to improve tourism facilities and the competitive pricing of properties. Águas Cristalinas’ luxury, frontline beach apartments are sure to be highly sought after in Brazil’s north east rental market.
