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Focus on Brazil | 21
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Endless beautiful sand beaches property and no restrictions over the transfer The Northeast
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Excellent access The Northeast of Brazil has the following states:
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Good infrastructure circle6
of profits or capital
Alagoas, Bahia, Ceará, Maranhão, Paraíba,
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Welcoming population circle6
Low interest rates
No visa requirements for most Europeans for Pernambuco, Piauí, Rio Grande do Norte and
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Low cost of living Sercipe. The region has over 51 million inhabi-
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Famous football culture circle6
visits of up to 6 months
The Brazilian Real is still favourable at the tants and 3,300 km of coastline.
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Exotic food and drinks moment making it cheap for foreign investors Research by ADIT Nordeste (Association for
Vast rainforests the Real Estate and Tourism Development in the
Brazil caters for all tastes from lively and fasci- circle6
to buy Brazilian property
A surge in the number of tourists with over 10 Northeast of Brazil) has revealed that the
nating cities to amazing night life, exceptional million short term tourists during 2008 Northeast will, in the medium term, be one of
festivals, interesting wildlife, beautiful beaches, the most important second home and tourist
great outdoors, quiet and charming rural circle6
(Embratur the Brazilian Tourist Authority)
A sharp decline in US interest rates which destinations in the world.
villages as well as a friendly and most pleasant translates into lower financing costs in emerg-
population. ing markets and improvement in capital Why the Northeast?
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The Property Market circle6
appreciation prospects
Brazil’s population is expected to grow to circle6
ocation & accessibility
A combination of strong and sustainable eco- about 220 million by 2020; an increase of circle6
The Northeast has the safest cities in Brazil
The Northeast has witnessed a massive
nomic growth, low inflation, stable currency, oil
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about 30 million over a short period of time increase in the number of affordable European
self-sufficiency, increased exposure to the inter- The Ministry of Tourism invested over the last
national markets, significant FDI and flourishing few years over R$ 1,7 billion (US$1.1 billion) circle6
charter and scheduled flights
Flying time to the Northeast has been cut in
tourism have all drawn in substantial invest- in tourism related projects and infrastructure half through direct flights from Europe: The
ments into Brazil’s real estate industry with the and is planning to invest more Northeast is only seven hours from mainland
influx escalating under the prevailing favourable Europe (Lisbon) and just over 9 hours from
conditions. Where to invest and why London
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his activity is further intensified by: As the population density of the central and
Cheap labour and inexpensive building mate- western parts of Brazil is very low, real estate Climate:
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rial investment is mainly focused on the most popu- circle6Sunny and stable weather all year long with no
Undervalued real estate prices in certain areas lated areas which are dotted along the eastern seasonal fluctuation, and very little rain and on
of the country offering outstanding growth coast of the country. The southern parts of the
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potential eastern coast where the main cities of Rio de circle6
average over 300 days of sunshine a year
Year round average temperature of 28 to 31C
Active government incentives for foreign Janeiro and Sao Paulo lie, have over the last with a pleasant sea breeze and low humidity.
investment which include simplified buying decade, witnessed a considerable surge in real
procedure, 100% foreign land and property estate investment and prices. However, it is now circle6
Temperatures rarely fall below 20°C
There is virtually no risk of floods, hurricanes,
ownership, a registration process that ensures the Northern parts of the eastern coast that are
a free and clear title, low taxes and fees associ- witnessing significant domestic and international circle6
storms, tsunamis or earthquakes
The Northeast has pure and clean air, largely
ated with purchasing and owning interest. free from pollution
www.investmentinternational.com November 2009 Investment International
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