Brazil Residential and Touristic Real Estate Demand

November 11th, 2008 by luke07

I just came accross these two seperate posts which our strategist put into a report a little while ago and thought that they are very for todays global current economic climate and that Brazil property demand is still strond and therefore an interesting investment choice.

Moody’s Economy.com, a renowned source of independent research and analysis, released an article in February 2008 reporting that notwithstanding global financial turbulence, Brazil remained one of the most attractive markets for foreign investors, and is expected to continue its economic growth at a rate higher than the global average.

DEMAND

The primary source of demand for Brazilian residential real estate is projected to be driven by the emerging middle and affluent classes of the domestic population. In the Northeastern resort areas, due to the additional layer of demand implied by forecasts for rapidly increasing international visitor arrival numbers, the more accessible micro-locations should experience very high occupancy rates upon completion of the Natal airport, which will act as the main access point.

These quotes reinforce the damnd for residential and tourist property in the northeast of Brazil.

please add your own comments, opinions, and experiences…..