2017 will see more investment in Pecem Port as this key industrial area in Northeast Brazil continues to register record figures.
The annual AFIRE survey reveals that yet again property investment in the US ticks all the right boxes for foreign investors. The survey also finds that the US and Brazil continue to offer the best opportunities for capital appreciation while Brexit has affected property investment in the UK and London.
The Brazilian property market faces 2017 with optimism. Based on the tandem of falling interest rates and rising investor confidence, many analysts are pointing to this year as the best time to buy Brazilian real estate.
As predicted, the celebration of the Olympic Games last year brought its rewards – 2016 was the best year for Brazilian tourism ever. Not only did international visitor figures soar, earnings from tourism also experienced an important increase. In addition, the current high season promises to beat last year’s record.
The Brazilian government has just introduced an economic stimulus package, designed principally to build more properties in Brazil, particularly for the middle classes. Additional measures in the package bring welcome changes to financing in Brazil and are expected to both relieve household debt and stimulate spending.
The property market in Ceará in Northeast Brazil has always followed a slightly different track to the rest of Brazil. Property in Fortaleza, the capital, grew faster than the majority of Brazilian cities prior to 2016 and this year, property prices have continued to grow.
Brazilian tourism is enjoying one of its best years ever. After the successful Olympic Games in the summer, the country is experiencing a boom in visitor figures and spending. Government investment in infrastructure is paying off and everything points to an excellent 2016 for the sector.
Foreign investment in Ceará continues to pour in this year. The latest multinational drawn to the region by its strategic location is a Chinese-backed electrical company. This is the first of several planned investments and brings welcome capital and employment opportunities to the state.
The recent investment and expansion of Ceará free trade zone has attracted the attention of world experts. Pecem Port has just received one of the top accolades in the annual Global Free Zone awards. This combined with a significant uptick in handling at the port this year firmly places Pecem Port on the world map for trade.
Top accolades plus recognition of its loveliest places, fewer visas, a booming flight market... Read the latest in the Brazilian travel market.
A recent study has revealed that the number of millionaires in Brazil is set to rise by almost 40 per cent over the next four years. The impact of this increased wealth is already reaching the luxury market in Brazil with increased sales of high-end cars, yachts, tourist packages and property.
When it comes to foreign investment, tourism and real estate, some regions of Brazil are moving faster than others. This is certainly the case in Ceará, Northeast Brazil, a state registering high volumes of investment and buoyant business tourism figures.
The rise in retail turnover plus strong agricultural performance lead Moody’s to predict uptick in the Brazilian economy in 2017.
The Brazilian property market produced a set of very positive figures in July proving the scenario for real estate generally is back on track.
The latest arrivals of new investment in Ceará mean the state is set to lead Latin America and add R$1.1 billion to its GDP over 30 years.
In the wake of Rio 2016, Brazilian tourism has received a definitive thumbs up from both foreign and Brazilian tourists. The Olympic Games and Rio de Janeiro were praised all round and most importantly, the vast majority of visitors expressed their intention to return to Brazil for a holiday in the future.
