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Tourism drives up Natal Property Market PDF Print E-mail

Tourism drives up Natal Property Market
and Strengthen Economy

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New developments ahead
One of the main reasons why Brazil property is now in the spot light as a rising star in the emerging international real estate market is the massive plans for Tourism growth and development.

Traditionally when people think of Brazil and Tourism they think of Rio de Janerio and other more well known attractions like the Cannivals, Iguazu Water Falls, and the Amazon for example.

 

However the North-east regions which have hundreds of beautiful sandy beaches have recently shown up on a lot more international tour operators brochures, specifically the State of Rio Grande do Norte, and especially places near the city of Natal.

purchasing beach front property in the N.E for years and now more and more people from around the world are holidaying and buying second homes in the N.E of Brazil.

The Brazilian government in the north east initiated a large public investment programme for the North east around 10 years ago to capitalise on the regions superb natural resources.

The Tourism Development Programme in the North East, PROSETUR / NE

Over 670 million dollars have been invested in transport, the environment, infrastructures, and tourism management bodies. The success has resulted in a phase 2 and another 400 million dollars. Some of this investment has been allocated to build a massive new Airport which with certainly have a positive impact of both industry and tourism.

This activity has attracted further private investment and specifically from international tourist and residential property developers. The quality properties being built, the increased demand, the very attractive destinations, and resorts, the friendly people, plus the many traditional attractions as mentioned earlier mean that the demand for quality accommodation is on the increase. People that buy Brazil property should benefit form good rental income, positive capital growth and of course enjoyment if they choose to use the properties themselves.

In summary as tourism demand grows so will the demand for good accommodation, second home buyers and other investors will be looking for their perfect Brazil investment property or plots of prime beach real estate. This demand will of course be for the right type of real estate, tourist resort properties (some with guaranteed rental) in the top locations, near the facilities with access to the best beaches and transportation. Therefore real estate in Brazil is predicted to continue to enjoy very positive capital growth for the foreseeable future.

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