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Chris Hoy has bought a beachfront home in Natal.
"At Laguna Beach I think I will have found that place. "I heard about Brazil after some of the guys came back from the BMX Championships which were held there last year and they were raving about it." Hoy rents two flats, a twobedroom one in Edinburgh and another in Manchester to be near his training base at the city's velodrome.
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Chris Hoy has bought a beachfront home in Natal.
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Goldman Sachs Forecast is tipping Brazil for big things
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Why Invest in Natal ? Find Out here !
Suddenly, a Natal emerged as a new destination at the travel agencies, Natal, with much more |
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Winning Formula for Investors at Praia Bonita International investors are impressed by holiday apartments and chalets at Praia Bonita due to their excellent buy-to-let and resale potential in a managed holiday resort complex. In addition to being located just south of Natal, northeast Brazil's major emerging tourism area, Praia Bonita offers investors some effective exit strategies: high rental potential as well as the 2 years' guaranteed rental at 5% p.a. thrown into the deal. As importantly, a ready foot-flow of buyers from amongst the tourists renting on the resort will greatly boost these units' resale potential.
As part of a hotel complex, owners at Praia Bonita will benefit from its management service to attract rental clients as well as potential resale clients. |
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Hoy, 32, has spent £220,000 on the one-bedroom pad at Laguna Beach in Natal province on the country's north-eastern coast.
Goldman Sachs is tipping Brazil for big things. In fact, the sultry South American country is fast developing an impressive fan base. The investment bank believes Brazil is on course to be the 5th largest economy in the world by 2050. Not bad for a nation plagued by 40-years of financial instability. A host of policies have been put in place to ensure the fast growing economy continues to thrive, which makes buying property in Brazil ever more appealing. These are wide ranging, from a measure to limit government borrowing to fewer restrictions on foreign investment.
Some years back the main tourist destinations were Rio de Janerio and the more famous destinations like Iguassu falls.These tourist hot spots attracted a lot of tourists and still do, but the cost of the holiday package (flight + hotel) from Europe turned out to be unaffordable for some people, even though the cost of living prices like food, dining out and entertainment are still quite affordable .