Published on 08 September 2005 at 04:57 pm
Filed under: South/Central America:- Brazil Property Guides » Brazil Country Guide for Property Buyers
Worldwide real estate investor interest in Brazil is intensifying since Brazil has successfully stabilised both its economic and political standing in recent years - as a result the country is now beginning to benefit substantially from international property investment.
It is also a country as incredibly fascinating and beautiful as it is huge; it is in fact the fifth largest country in the world, it borders every single South American country apart from Ecuador and Chile and it has the 10th largest GDP in the world.
The majority of new real estate developments taking place are along the country’s Atlantic facing 7,491 km of coastline and it is along the coast that the majority of the country’s circa 186,112,794 citizens also reside. Some areas of Brazil benefited from up to a 20% rise in real estate prices last year alone and the future for the entire property sector is very bright.
If you’re considering Brazil for your next investment property purchase here’s AmberLamb’s brief Brazilian country guide to help you learn more about the country and what it offers investors, home owners and new residents.
The official language in Brazil is Portuguese and if you’re considering making a real estate purchase and moving to the country full time you’ll get far further in your every day life if you learn the language. If you’re simply interested in making an investment you’ll find that English, Spanish and French are widely spoken and understood particularly in the legal sector and the property market making purchase transactions straight forward.
Brazil is famous for the Amazon River and Jungle of course; the latter is home to a unique mixture of rare and beautiful flora and fauna and the rainforest and river attract record numbers of visitors and explorers to the country annually. The temperatures in the country rise as you travel from South to North with weather in the North East perhaps some of the best in the entire country - expect year round sunshine!
The scenery and beaches in Brazil are quite simply breathtaking, the cost of living is up to 20% lower than the average UK or European equivalents, property prices are incredibly cheap and the country is highly accessible with daily flight from the UK, US and major European countries available.
The Brazilian government encourages foreign investment, allows for foreign freehold ownership of land and property and has succeeded in reducing inflation in the country to record lows. The country’s currency is competitive, the economy is stable and 2004 and 2005 have seen strong and sustainable increases in GDP.
The country offers lifestyle options to suit everyone - for the sun seeker there are private and clean beaches in abundance, for the retiree there are gated communities with communal amenities and facilities, for the adventurer and great outdoor lover the ability to truly get away from it all in Brazil’s highly undeveloped interior is a draw.
Quite simply Brazil is one of the most exciting and fascinating countries in the world with an emerging real estate sector that already offers great investment potential and property ownership opportunity.
South/Central America:- Brazil Property Reports
Complete listing of all current property reports for region: South/Central America:- Brazil
