Published on 08 May 2008 at 07:45 am
Filed in Property News for Brazil » We Believe in Brazil. We Believe in Brazilian Property
There comes a time in every real estate writers life when you have to stop beating about the bush and that time at Amberlamb is now! Yes, it’s true, we believe in Brazil and what’s more, we believe in Brazilian property and here’s why…
For one thing, Standard and Poor’s have upgraded the nation’s credit rating to ‘investment grade’ – really at this point we need say no more…but we will! For another thing the rate at which the population is expanding in Brazil represents increasing demand. The population is also slowly but steadily enjoying an expansion of personal wealth. Then there’s the oil, the housing shortage, the booming tourism industry and the amazing economy…
All in all Brazil is quite possibly one of the most attractive nations in the world for property investors to consider right now. Wow, there’s a bold statement! But we are prepared to stand by it…
For, what’s not to love about Brazil? As stated it has had its credit rating upgraded by S & P and it’s expected that the other credit rating agencies will follow suit. The upgrade means that levels of Brazilian governmental debt are seen as acceptable and that the nation is as far away as it needs to be from lurching into another financial crisis, so now’s a good time to look more closely at what Brazil has to offer.
And for property investors, that is quite simply an awful lot!
According to expert analyst Amy Lauren Young from REITology, there is a housing shortage to the tune of about 8 million units in Brazil already. That’s not taking into account the rate at which the population of the country is expanding. That equals opportunity for developers and for investors.
Okay, so affordability is still a key question in Brazil where the growing wealth of the nation has had limited effect directly on the majority of people’s lives. But that is something the fantastic president Luiz Inacio Lula da Silva has firmly in his sites. He’s not dubbed a populist for nothing you know!
You can expect to see personal wealth levels increase, you can expect to see fewer people living below the breadline, you can expect to see a great improvement in infrastructure that will benefit the entire nation – because these are promises made by a president now famous for keeping his promises. What’s more, you can expect to see an overall upgrading of life in Brazil over the coming years as the nation moves from being a strong economic player to being a global economic power.
Now that two huge discoveries of oil have been made off the Atlantic coast of the nation, everything for the future success of Brazil’s economy is looking rosy. The finds are believed to be the biggest in thirty years and are expected to push Brazil into the top ten oil producing nations in the next ten years. Naturally that raises interest levels in the nation!
But if all this talk of oil, personal wealth expansion, growing local real estate demand and so on and so forth is of little interest to you – try this – Brazil has one of the fastest growing tourism industries in the world. This also represents opportunity for investors. And David Beckham is building a football academy in Brazil, and the numbers of golf courses, luxury property developments and resorts are increasing…so all in all there is choice, opportunity and massive potential in Brazil! You just have to open your eyes to see it, it’s not difficult!
Special Reports: Property News for Brazil
Brazil Country Guide for Property Buyers
Guide to Brazil from a real estate investor's perspective focusing on the property investment opportunities and the beauty of Brazil
Brazil Real Estate Buying Process Guide
The real estate buying process in Brazil is straightforward and well regulated which gives buyers confidence in the property market
Brazil Real Estate Investment Guide
Brazil real estate offers fantastic medium term investment potential now that the government are committed to long term economic development.