Published on 03 September 2007 at 10:35 am
Filed in Property News for Brazil » Golf Property Investment in Brazil
Question - How astute are the Brazilians?
Answer – oh very!
A recent report by the International Association of Golf Tour Operators revealed some incredibly impressive figures and statistics such as the fact that golf tourists spend at least double that which beach or sightseeing type tourists spend when they go on holiday, and that of the estimated 50 million active golfers in the world, at least a third of this number go on a golf holiday every year.
Can you see where this is headed? Yes, there is significant money to be made from the golfing tourism fraternity which is why the Brazilians have embraced golf, have the likes of Ronaldo promoting golf and now have some impressive opportunities springing up in terms of golf property investment in Brazil! If you want to know where many international investors are setting their sights this Autumn, it’s in the Rio Grande do Norte region of Brazil and more specifically it’s in golf property.
According to the chairman of the International Association of Golf Tour Operators, turnover from specifically golf focused tourism is in excess of 12 billion US dollars every single year, and when you add to this the fact that golf tourism is growing up to four times faster than sun, sea and sand tourism you can quite see why the Brazilians have decided to focus on the development of golfing resorts.
Because the Rio Grande do Norte region and more specifically the city of Natal are already widely accepted as the best locations in the nation to invest in – because of their accessibility from Europe, the UK and North America, the stunning beaches and vibrant way of life found in this part of the country and because of the fact that the Brazilian government accredited official research institution the Institute for Applied Economics Research recently named Natal the safest city in the whole of Brazil – it is in this part of the nation that the majority of golf resorts are being constructed.
In terms of the range of developments available combining golf courses, stunning yet very affordable residential real estate as well as a whole host of other luxurious amenities and facilities from plastic surgery clinics to spas and equestrian centres, you can choose from Grand Natal Golf which is being celebrity endorsed by Ronaldo maybe, or you can choose from one financed by Donald Trump and bearing the signature and benefiting from the design talents of Jack Nicklaus perhaps.
The key to golf property investment in Brazil is of course on finding the best located and facilitated resort where properties are being sold at the right price, where there will be long term potential for capital appreciation thanks to the promotion and ongoing advancement of the resort, and where demand is likely to be high and sustainably so for your property to rent. Our advice would be to travel to Brazil and see for yourself the types of development under construction. Some are financed more stably than others and because there is always a risk when buying off plan of a developer hot-footing it away with your capital and providing you with nothing in return, ensure you’re confident in the money behind the development!
Property in Brazil makes for an exciting investment choice – the nation is fast developing in terms of economic stability, a great deal is being invested into the infrastructure of the Rio Grande do Norte region and into the greater promotion in Europe, the UK and North America of Brazil as an exceptionally affordable yet high grade destination for all types of tourism. Golf property investment in Brazil is therefore the next stage in terms of that which international investors are focused on.
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