The latest report on competitiveness in tourism reveals that the US ranks fourth in the world and that Brazil tops the listing in South America. In addition, Brazil has risen 23 places in the table and tipped as one of the strongest emerging markets for international tourism expenditure.
With just over a year to go before Brazil welcomes the next Olympic Games, the host city Rio de Janeiro continues to dominate the Brazilian property market rankings. Not only is Rio the most expensive city in Brazil to buy a property, it also tops the rental rate lists.
Statistics for the Ceará economy released last week show this state in northeast Brazil flying high above the rest of Brazil. The Ceará economic figures are particularly strong in the tourism sector where Ceará continues to make its mark as one of the top destinations for a holiday in Brazil.
The recent Brazilian Tourism Market held in Ceará confirmed the appeal of Northeast Brazil to both national and international buyers. The number of meetings and volume of business reached record levels with big interest in the region from international markets. In separate but equally significant negotiations, the Port of Pécem in Ceará reached a landmark agreement with the Italian port of La Spezia.
As any savvy investor knows, the ideal time to purchase an asset is when prices are low. With currency exchange rates at their most favourable for foreigners in a long time, Brazilian property stands at its most attractive. So argue experts from the Brazilian property sector and – judging by record lending figures for April – so do Brazilian buyers.
Visitor figures for the first quarter of 2015 underline Ceará’s status as an up-and-coming tourist destination. The 30 per cent increase in number of foreign visitors confirms Ceará and its capital Fortaleza is one of northeast Brazil’s top holiday spots. On the back of these promising statistics, state tourism officials are in advanced negotiations with cruise companies and airlines to further the expansion of tourism in Ceará.
Highly favourable exchange rates and excellent real estate opportunities in Brazil are drawing some of the world’s largest investment companies to the country. Major players on the international property scene are buying big stakes in development companies and property itself.
With less than 500 days to go, Brazil and the Brazilians are ahead in the game for the Olympics in Rio de Janeiro next year. A recent inspection by Olympic federations praised the city’s preparations and forecast a very special event. Brazilians themselves have taken wholeheartedly to the Games and pre-ordered over 2 million tickets.
It’s full steam ahead for the economy in the state of Ceará in northeast Brazil. Figures just published for its GDP performance for last year show Ceará is growing fast and considerably ahead of the rest of Brazil.
Statistics recently released by the Brazilian Ministry of Tourism pinpoint Fortaleza in the northeast of Brazil as one of the country’s most visited holiday destinations in 2014. Furthermore, the ‘City of the Sun’ ranked high on the list of preferred places for Easter holidays in Brazil with record figures for visitors and spending.
Luxury property has moved to the top of the investment agenda in 2015 for the world’s richest people with a significant percentage planning to buy property this year. The number rises even higher in Latin America where Brazilian cities feature among those with high property price increases.
The state of Ceará and its capital Fortaleza remain firm Brazilian holiday favourites, ranking among the country’s top destinations. In addition, tourism in the state is booming with record visitor and spending figures.
The Brazilian currency, the real, recently fell to its lowest level against the US dollar for over a decade. While this was bad news for Brazilians investing in the US, it represents an excellent opportunity for foreigners thinking of adding Brazil to their portfolio. Assets in Brazil such as property are now at their cheapest for years.
With a low inventory, pent-up demand and record levels of new mortgages, property in Ceará, northeast Brazil stands out in the Brazilian property market. Market conditions are so buoyant in the state that Ceará property is known as an “oasis”.
The announcement of more flights between Fortaleza and European capitals is good news for both tourists and those looking to buy property in Brazil. As from June this year, the capital of Ceará state in Northeast Brazil will offer weekly flights to two more European capitals, Amsterdam and Paris.
Brazilian holiday lets are on the rise, particularly in regions offering stunning beaches and year-round dependable weather. One such location in Ceará in northeast Brazil where holiday rentals increased by 20 per cent in 2014.
