Touristic Real Estate Development Drivers In Brazil

It is the strong economic growth , low inflation, stable currency, oil self-sufficiency, increased exposure to the international markets, significant FDI and flourishing tourism that have all drawn in substantial investments into Brazil’s real estate industry with the influx escalating under the prevailing favourable conditions.

This activity is further intensified by:

inexpensive building material.

Undervalued real estate prices in certain areas of the country offering outstanding growth potential for Brazil property investors.

Active government incentives for foreign investment for example 100% foreign land and property ownership and a simplified buying procedure , a registration process that ensures a free and clear title, low taxes and fees associated with purchasing and owning property and no restrictions over the transfer of profits or capital. All good factors for Brazil investment property

Low interest rates

No visa requirements for most Europeans for visits of up to 6 months.

he favourable Brazilian Currency the Real is still favourable at the moment making it cheap for foreigners investors to buy Brazilian property.

The number of tourists has surged over 10 million short term tourists expected in 2008 (Source: Embratur the Brazilian Tourist Authority).

A sharp decline in US interest rates which translates into lower financing costs in emerging markets and improvement in capital growth prospects.

Brazil’s population is expected to grow to about 220 million by 2020; a large growth of 30 million. .

Over R$ 1,7 billion (US$1.1 billion) has been invested by The Ministry of Tourism so far in tourism related projects and infrastructure and is planning to invest even more.

So you can tell the overseas investment property market in Brazil has quite a few good factors helping to drive the market. Please feel free to visit our sites to learn more and our blog brazil-property-investment.info to view your opinions.