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.
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).
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Brazil’s central bank raised its 2020 gross domestic product growth forecast to 2.2% in its latest quarterly inflation report from 1.8% previously. Brazil's unemployment rate fell from 12.5 percent earlier in 2019 to about 11.8 percent in August.
Brazil’s economy increased by 0.6 per cent in the third quarter of 2019, beating experts’ expectations and bolstering hopes of a cyclical improvement in Latin America’s largest country. Compared with the same quarter last year, the economy grew by 1.2 per cent, above analysts’ expectations of 0.9 per cent.
The country’s services sector activity jumped in September. The 1.2% rise from August was the biggest month-on-month increase since August 2018 according to government statistics agency IBGE figures. It was almost twice the 0.7% rate of expansion expected in a Reuters poll of economists.
Ceará carries on improving every aspect. Latest figures from the quarterly report of the General Coordination of Labor Immigration (CGIL), show an increase of foreigners that invest in the state.
Gustavo Montezano, president of Banco Nacional de Desenvolvimento Econômico e Social, stated at the Brazil 2019 Investment Forum, that Brazil is at the lowest historical level of interest. The current interest rate in Brazil is just 2%, showing the potential of Brazil.
Ceará is once again the fastest growing state in terms of international tourists. According to data from the National Civil Aviation Agency (ANAC), from January to August 2019, Ceará increased foreign visitors coming to the state using direct flights by 74%.
Ceará has broken the Guinness World Record by having 596 kite surfers in the clear water of the Atlantic coast at the same time over a 2 km route.
The economy of Ceará grew at twice the national rate in the second quarter of 2019. The gross domestic product (GDP) of Ceará, between April and June this year, closed at 2.08%. Which shows an increase compared to the same period last year.
