Will 2021 be one of the best years for the Brazil property market? Figures from Q1 lead analysts to believe this will be the case. Find out why.
Fortaleza property market saw a 5% increase in new-build sales in 2020, confirming the consolidation of the market. The high-end sector saw particularly strong growth on the back of high demand.
The strong dollar means currency opportunities for investors with Brazilian real estate offering the best in 2021. Exchange rates this year mean that Brazilian property is the world super champ when it comes to greenback buyers.
New trends for Brazilian tourism in 2021 show a preference for quieter destinations without the crowds and for vacations outside high season. These will continue to boost the popularity of natural locations such as Flecheiras in Ceará, Northeast Brazil.
After a strong finish to 2020, the Ceará property market has started 2021 with a flourish. Mortgage lending figures in January were almost four times higher than a year earlier as low interest rates and good-value properties continue to attract buyers to the state.
In a year without traditional celebrations and parades, Brazilian holidaymakers choose Fortaleza and Ceará as their top destination for carnival in Brazil. The state’s combination of guaranteed health and security protocols plus quiet beach resorts makes it a favourite for one of the busiest holiday seasons of the year.
Six compelling reasons come together to make 2021 the year to invest in Brazil real estate. The lowest interest rates ever, strong demand, a weak currency and value for money make the property sector a favorite among Brazilian and foreign investors. Discover why.
With an increase of over 32% so far this year, mortgage loans in Ceará are at their highest since 2015. They reflect a very busy market, currently experiencing its best moment for years. Analysts believe that this trend will continue well into 2021 as buyers take advantage of record low interest rates.
Pent-up demand and rock-bottom mortgage interest rates push sales of new properties in Brazil to record levels. Figures for new-build sales in September went up by 23.7% in the year while mortgage lending soared by 44% in the first nine months of the year. Analysts predict a busy end to the year for property in Brazil with excellent prospects for 2021.
Recent FDI and a surge in IPOs have brought the economy in Ceará to the forefront in Northeast Brazil. The number of foreign investors has more than doubled since 2010 and Ceará companies account for more than half those from Northeast Brazil on the stock exchange.
Discover why record low interest rates and changes in lifestyle trends means that the Brazilian property market is heating up and leading the economic recovery. According to analysts, the sector is “experiencing its best moment for years”.
Mortgage loans in Ceará surged in September, beating the record in August and registering an increase of 156% in the year. Analysts believe that 2020 will set a record for mortgages in Ceará generally as buyers flood the market.
With the backing of the US, Brazil is set to become an OECD member in 2021. The country has already completed two thirds of the preparatory requirements and is making good progress with its ambitious reform programme. This augurs well for investors in Brazil.
Tourism in Ceará registered the highest monthly increase in Brazil in August, over four times than the national average. The rise in Ceará was 85.4%, almost double the increase registered by its nearest competitor. The figure shows that the tourism sector is back on track in Ceará.
Ceará recently received the WTTC Safe Travels seal, awarded to destinations that comply with World Health Organization health and hygiene protocols for covid-19. The seal means that Ceará offers a safe destination as Brazilians travellers return en masse to one of their favourite holiday spots.
A shift in lifestyle preferences makes vacation rental accommodation more attractive than ever in Brazil and demand for Ceará holiday lets have pushed prices up to 20% higher. Holidaymakers are also turning their attention to new coastal destinations in the state including Flecheiras, opening up the horizons for buy-to-let investment.
