According to the Brazilian Institute of Research Services Monthly Geography and Statistics (IBGE), the State was the fastest growing in the whole country in volume of tourist activities. Figures show an increase of 9.9%, a rate almost three times higher than the average of Brazil in the first half.
The reform proposes that the minimum retirement age will be raised to 65 years for men. Also, 62 years for women having to pay more money for a longer period of time into the system. R$42 billion (around $12 billion) is supposed to get injected into the economy over the next 18 months.
Brazil is predicting a noteworthy increase in the agriculture production this year. The production of cereals, legumes and oil seeds for this year is estimated at 236 million tons. This shows an increase of 4.2% compared to last year.
The Institute of Economic Research and Strategy of Ceará (IPEC) has published new data regarding households in Brazil. In 2018 the number of households in Ceará increased by 3.7% compared to 2017, totalling 110 billion new units.
Foreign investors are returning to the Brazilian market – The latest statistics published by the Central Bank of Brazil show a strong increase since April 2018. Banco Central do Brazil stated that from January until may in 2019, Brazil attracted foreign direct investment (FDI) inflows of more than US$28.1bn (€24.8bn).
Fortaleza will receive about R $ 1.5 billion in public investment. The main areas that the government aims to cover are Health, Education, Social Protection, Culture, Sport, Urbanization, Environment, Infrastructure, Transport and Mobility.
Figures released on the 15th of May, show that rental prices have gone over experts’ expectations, as well as over the predicted inflation from January to April in 2019. In the first four weeks, the average rent cost has risen 2,5%. The increase hasn’t only been seen in the price but also in the number of rentals.
As interest rates have gone down in the last years to 6.5%, and the inflation is rising but in a fairly controlled way, the expectations are very positive as people will have better borrowing conditions, will consume more and therefore increase the GDP of the country. We can observe these changes regarding interest rates over the last years.
Tourism growth in Ceará is surprising. From January to May in 2019, there has been a raise of 12,2% in landings and departures in Fortaleza airport.
Good news for Ceará as the Ministry of Tourism, Sebrae and Embratur are launching a new program to benefit the tourism sector.
Find out why Fortaleza Airport now ranks as the third busiest in Brazil and looks set to become the country’s major gateway to and from Europe.
Discover why a strong dollar, the best beaches, more flights and easier visas make Brazil investment the best in Latin America.
To achieve the highest occupancy in Brazil you need competitive prices and strong tourism. Discover why Fortaleza hotels tick both boxes.
Big increases in sales value and volume bode well for the Fortaleza property market in 2019. Discover the potential for property in this part of Brazil.
Increases in tourism has led to sharp rise in passengers for Brazil flights. See the figures and projections for this year, set to be a record.
Mortgage lending soars in Brazil and Ceará. Find out why loans are setting the trend for the Brazilian property market this year.
