A recent conference looked at the impact of coronavirus on the construction sector and its knock-on effect for real estate in Brazil. Participating experts suggested key areas that Brazil needs to focus on and came to the conclusion that the outlook for Brazil property is positive.
When it comes to the US rental property, Florida metros regularly feature as the best. Homes in the Sunshine State offer investors cash flow and equity growth and bring together the ideal investment criteria. In 2020, three Florida cities took the top three positions in the US.
When it comes to retirement locations, Florida ranks as the American state for both US and foreign retirees. The Sunshine State offers sunshine, beaches and affordable living, all desirable features for those about to enter their golden years. But certain locations stand out such as Tavares and Sarasota, rated as the best places to retire in Florida in 2020.
The Brazilian mortgage market continues to evolve with more consumer-friendly products. The latest offering comes from the Caixa Economica Federal and offers a fixed interest rate. Analysts believe it will open up the property market in Brazil considerably.
Like many countries in the world, the US finds itself in a coronavirus lockdown. The effects of this situation are widespread and have reached all corners of the economy including property. However, despite the media hype and uncertainty, many of the effects on the US coronavirus real estate market appear to be positive. This is particularly true for investors looking at buying now.
Northeast Brazil property investment has been at the forefront of portfolios for many years now and the area has consistently provided solid returns. The key to sustainable investment, however, lies in several factors including the right location and facilities. The Coral resort in Ceará offers this combination, recently enhanced with the addition of the Ocean Lounge Beach Club.
To ensure profitable real estate investment you need certain factors such as high population growth, a buoyant economy and strong tourism sector. Florida generally offers all three, but some areas offer far better potential than others. Southwest Florida is one of them and in this news article, we look at six compelling reasons to buy property in an area with plenty to offer investors, residents and tourists alike.
Single-family homes are one of the best property investment options in the US, particularly for buy-to-let yields. Returns have dropped very slightly across the US in 2020 compared to 2019, but several areas continue to post figures well ahead of the national average. Baltimore and Atlanta metros are currently offering the highest while Florida counties provide returns in the region of 8 to 12%.
Location is one of the cornerstones of property investment and good connections to the location are vital, particularly direct flights from key tourist markets. Northeast Brazil enjoys an excellent network of communications with a wide range of domestic and international flights to Fortaleza. This factor inevitably enhances the potential for successful property investment in the area.
According to a benchmark report, Florida land values continue to rise and by extension, to offer solid investment potential to buyers. The latest study revealed that finished residential lots in central and southwest Florida saw considerable rises in value. Land in counties such as Orange and Sarasota were particular hotspots for investment. Another report found that Sarasota homeowners saw an average equity rise of US$6,735 in 2019
Property in the Sunshine State notched up another rise in February, the 98th monthly increase in a row. It was a particularly busy month for the Florida real estate market with both condos and single-family homes posting impressive sales figures and price rises. March too looked busy as new pending sales for all types of property registered double-digit increases.
On the coast, the average hotel occupancy is 91.4%. The carnival holiday is expected to generate an income of around R $ 480 million in the State of Ceará. The Coral Resort is located in Ceará where we offer different investment opportunities.
There were 97.1 million passengers registered last year. These figures show a tourism increase of 1.8% according to the National Civil Aviation Agency. Also, Anac data showed that the state of Ceará received 129,400 international visitors in the first half of 2019.
Brazil’s unemployment rate fell to 11.0% in the three months through December according statistics agency IBGE. These figures are a record low in four years which show further evidence and signs that the labor market is improving.
Brazil stopped tourist visa requirement for United States, Canada, Japan and Australia visitors that travel to Brazil. They are aiming to do the same with India and China to keep boosting tourism. The state of Ceará is also experiencing a tourism boost where The Coral is located.
Foreign Direct Investment (FDI) in Brazil grew 26% in 2019 according to the data from the Global Investment Trends Monitor, released by the United Nations Conference on Trade and Development (UNCTAD).
