Brazil Property Investment – Reasons to Go for It!!

Everyone has heard that Brazil property investment is a hot choice, but some people may be wondering if this is just a flash in the pan. It’s not.

Brazil created more than 2.5 million jobs in 2010 which has given life to a new tier of middle-class that have far more disposable income than before. They are also enjoying easier access to credit and financing as the mortgage market in this country is still young. Brazil is also a country that is rich in natural resources so it doesn’t need many expensive imports of basic items such as food and energy.

It’s one of the world’s largest agricultural producers which with the current with the current worries about world food shortages make it a major player. It also has a vast untapped potential as much of the grasslands in the states of Mato Grosso and Bahia are uncultivated.

Unlike other property hotspots, Brazil is energy independent and has recently discovered another large oilfield. It also has the world’s largest freshwater reserves and an abundance of natural minerals such as iron ore. The countries manufacturing sector is extremely strong and also has the capacity to increase, which is largely due to the young population.

One of the best performing places in the country is Fortaleza in the North East of Brazil. It’s easy to see why as it has beautiful beaches and a year-round temperature of 80°F. This is the place where Brazilians choose to holiday so rentals here are always fully booked and can charge higher prices which means property prices here are already highly; however Iracema Beach is just minutes away and is currently being redeveloped so prices here are currently very affordable but are expected to rise rapidly.

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