The idyllic beach location of Praia de Guajiru on Brazil’s north east Ceará coastline has made its mark firmly on the world’s map of top luxury travel destinations. The resort is now home to the Hotel of the Year, an internationally-acclaimed award for the very best in luxurious holiday accommodation.
Florida property remains one of the highlights on the international real estate map with the last year seeing marked increases in both total investment and number of sales. Orlando and Tampa are market leaders when it comes to location and the Canadian and British rank as top buyers.
BRIC Group was proud to be an exhibitor at one of the world’s largest and most influential property shows, the Cityscape Global property exhibition held at the Dubai World Trade Centre from 21st to 23rd September. Our stand attracted a steady stream of investors during the 3-day event with all investment products exceptionally well received among the thousands of international investors, key decision-makers and stakeholders.
BRIC Group is pleased to announce that our luxury, beachfront new development, The Coral, has won the International Property Awards for Best Residential Development in Brazil in 2014.
Three recent surveys have revealed that financial and personal circumstances lead many Americans to favour renting a property over buying one. The tendency towards more single households, the perceived barrier to mortgage loans and the flexibility afforded by a rental all point towards continued buoyancy in this sector of the US property market.
A recent survey confirms that Brazilians are travelling more than ever. The same survey also highlighted Northeast Brazil’s status as the nation’s favourite holiday destination. With tourist spending at historic highs, Brazilian tourism looks set for the best year ever.
A new statistical tool has just appeared on the Brazilian property market to allow easy price comparison. This latest device adds further transparency to the market and helps homebuyers gauge house prices in different parts of Brazil.
Florida has just announced record figures for tourism in the spring period this year. July statistics have also posted excellent results and consequently, the Sunshine State looks well on track for its target of 100 million visitors this year.
Brazil has a relatively young mortgage market, but it’s one that is growing fast as purchasing power among Brazilians increases and more banks offer financing for property purchase. One area that forms a focal point for Brazilian banks offering mortgages is Ceará in the northeast of the country.
Figures just released by Florida Realtors show healthy gains in the property market during the second quarter of this year throughout the state. Sales, median prices and new listings all rose, both in single family homes and condo properties, and with Florida economy and employment both buoyant, this situation looks set to continue.
Luxury residential property remains a favourite asset with investors who have shifted their attention to North America over the last year. Four American cities rank among the highest performers, all recording double-digit growth, confirming the continent’s strong appeal as an investment destination.
Brazil is set to register record tourism figures this year, both in numbers of international and domestic tourists. Northeast Brazil with Fortaleza at the helm continues to dominate destinations reflecting the preferences of the majority of tourists for beach holidays.
The market for holiday lets in Brazil might be young but it’s growing fast. The huge success of the recent FIFA World Cup has boosted the demand and supply of holiday lets to unprecedented levels. This surge of interest from both foreigners and Brazilians augers well for the holiday let sector over the next few years.
After a quieter month in May, the Houston property market returned to frenzied activity in June recording the highest prices ever and quickest turnover levels of properties. According the experts, this illustrates that demand in the market continues to far run ahead of supply.
According to a new report, Florida’s popularity with foreign buyers continues. Not only do these purchases bring multiple benefits to the Florida community, they also represent an important part of the local economy. Furthermore, experts believe that 60,000 more homes will be bought by foreigners between now and 2016.
There have been signs that consumer spending in Brazil has slowed down, but the luxury car sector tells a completely different story. Booming sales so far this year confirm that the upper middle class in the country still has money to spend and plenty of it.