The Brazil Property Market
According to Reuters Real Estate, Brazil’s property market, Latin America’s largest economy, has been fueled in recent years as economic growth has strengthened and interest rates declined. Increasing demand and population growth have created a huge housing shortage - currently at 8 million - with a need for the construction of an additional 27 million properties over the next 15 years, according to government estimates (Source: Reuters Real Estate).
Brazil’s property prices are compared to Mediterranean countries still relatively low (up to half the price of Spain) but the growing local demand for housing and the international interest in off plan investment property are pushing property prices up.
North East Brazil - Rio Grande do Norte - Natal
Brazil’s north east has seen heightened activity in its property market with Natal one of the most up-and-coming cities in north-eastern Brazil.
The warmer climate, low crime levels and lower costs of living in the Rio Grande do Norte region, in particular its capital Natal, are enticing many Brazilians to move to the area.
Excellent Capital Growth
With average capital growth of 20% per year in the north east of Brazil, property investors stand to earn impressive returns on investment.
Good Exit Strategies
Successful exit strategies are ready for investors to take advantage of; the resale market benefits from strong demand from the local market looking to buy, in addition to, rather than dependent on, a foreign buyer market.
Domestic demand for quality properties is high with a migration of affluent locals moving out of the city centre in search for quality properties in selective locations; frontline beach properties are in particular demand.
Stable Investment
Brazil’s aggressive property market translates to excellent capital appreciation and potential return on investment, and unlike other emerging markets, its strong economy provides investors with a secure and stable investment.
Águas Cristalinas Maracajaú - Featured Project
Maracajaú offers additional benefits to the overseas property investor – the local authority is stringent when approving building permissions, which means the area will remain one of low property density making property highly sought after. This provides an excellent resale exit strategy for the property investor.
Águas Cristalinas possesses the key characteristics sought after in Brazil’s resale market; high quality build, beachfront location, luxury apartments and penthouses and outstanding sea views.
