Property investors from around the world are flocking to Brazilian shores with a view to snapping up real estate, in anticipation of future capital growth.

Brazil Property Specialist, Colordarcy have seen Brazilian property enquiries increase by 60%, since the Olympic announcement. The company has responded by launching a consultancy service to help clients to source the best real estate deals in Rio de Janeiro.

Loxley McKenzie, Chief Executive at Colordarcy – is predicting an annual increase of 20% per annum – carrying through to the Olympic. He said, “The time to purchase Brazil real estate is now, I have no doubt that we will see incredible growth over the next few years”.

Mortgages will soon be available to international buyers and this will create a further boost to Brazil’s property market.

Investment banking firm Goldman Sachs believes that Brazil’s economic growth could outstrip that of the other BRIC (Brazil, Russia, India and China) nations over the next few years.

Brazil’s economy is widely expected to become the fifth largest in the world by the time the Olympic Games kicks off in 2016, and yet property and land prices still remain a fraction of those found in more developed nations.

The Brazilian president Luiz Inacio Lula da Silva has already pledged to spend up to £11.5bn on building a million new homes in Brazil between now and 2011.

It is time to Samba all the way to Brazil.

Click here to view Brazil properties for sale:
http://www.colordarcy.com/brazil-properties.php

Property investors from around the world are flocking to Brazilian shores with a view to snapping up real estate, in anticipation of future capital growth.

Brazil Property Specialist, Colordarcy have seen Brazilian property enquiries increase by 60%, since the Olympic announcement. The company has responded by launching a consultancy service to help clients to source the best real estate deals in Rio de Janeiro.

Loxley McKenzie, Chief Executive at Colordarcy is predicting an annual increase of 20% per annum carrying through to the Olympic. He said, “The time to purchase Brazil real estate is now, I have no doubt that we will see incredible growth over the next few years”.

Mortgages will soon be available to international buyers and this will create a further boost to Brazil’s property market.

Investment banking firm Goldman Sachs believes that Brazil?s economic growth could outstrip that of the other BRIC (Brazil, Russia, India and China) nations over the next few years.

Brazil?s economy is widely expected to become the fifth largest in the world by the time the Olympic Games kicks off in 2016, and yet property and land prices still remain a fraction of those found in more developed nations.

The Brazilian president Luiz Inacio Lula da Silva has already pledged to spend up to £11.5bn on building a million new homes in Brazil between now and 2011.

It is time to Samba all the way to Brazil.

Click here to view Brazil properties for sale:
http://www.colordarcy.com/brazil-properties.php
__________________________________________________________________________
Notes to the editor:

Colordarcy is a leading property investment company that specialises in finding positive cash flow investment properties worldwide. Their aim is to provide their clients with properties that offer the unique combination of strong growth returns and cash flow positive income. Investing in positive cash flow property significantly reduces the risk because the property will pay for itself regardless of market conditions, employment status or other financial commitments.

Colordarcy provides complete support before, during and after a sale, including finding tenants, financial assistance, viewing trips and currency services. Colordarcy are proud members of the ?Association of International Property Professionals? (AIPP), and abide by its code of conduct, one established to protect the buyer, by ensuring members follow professional guidelines and procedures.

For more information, supporting pictures or logo artwork, please contact:

Loxley McKenzie
Colordarcy Investment Ltd
2 London Wall Buildings
London
EC2M 5UU
Telephone: 0207 100 2393
Email: press@colordarcy.com
Web: www.colordarcy.com

The minister made his remarks during a speech in the capital city of Brasilia. “We are giving a boost to a sector that suffered badly in the crisis, which is the capital goods sector,” he said in his speech. Additionally, he indicated that the government would increase subsidies on financing for the acquisition of capital goods and export credit.

The TJLP is used for loans to businesses made by the Brazilian National Development Bank, which is backed by the government. The TJLP is typically much lower than the benchmark Selic base rate, which is currently at 9.25%.

Brazil is one of the few emerging countries in the world today who do not need injections of funds from the IMF. This is a complete reversal of Brazil’s position just four years ago. As recently as 2005, Brazil was a debtor with the IMF when three years after Lula was elected president for the first time, he made the decision to pay off the country’s pending debt. The turnaround from debtor to creditor is a firm indication of Brazil’s strong economic position.

“Brazil currently has a privileged position because it does not need the IMF,” said Gustavo Loyola, former President of the Central Bank. Political analysts believe that the US$10 billion contribution will give Brazil substantially more standing in international politics.

Lula has already brought Brazil into the global limelight and has worked hard at raising his country’s profile. US President, Barack Obama, met Lula for the first time recently and paid him what many consider the ultimate compliment. “This is my man, the most popular politician on earth,” Obama reportedly said on shaking hands with the Brazilian premier.

“Brazil has one of the strongest economy’s today,” says Loxley McKenzie, Managing Director at Colordarcy, “and the latest developments prove that this is a country with a strong financial future and economic model.”

The Brazilian leader called Obama’s election, the first black in the US history to become president, “an extraordinary achievement”. He stressed that the president elect is “a person who has demonstrated political skill”.

Lula said he hopes that Obama will have a stronger connection with Latin America and Africa and in special with South America and Brazil. “I hope that Obama has a policy more geared to the productive development in Latin America”, Lula told journalists in Bras?a this Wednesday, November 5, 2008, after a ceremony to celebrate the 20 years of the Brazilian latest Constitution.

And the continued “I have no doubt that on the part of Brazil we are going to continue building this productive partnership that we have with the USA. And I hope that it can improve with the Obama administration”.

Lula asked for an end to the subsidies that Washington gives to American producers – a core issue in the negotiations on global trade – as well as an end to the US embargo to Cuba, imposed to the island in the 60s. “There is no explanation in the history of mankind for the blockade to Cuba”, argued Lula.

The Brazilian president also talked about the Israelis and their Arab neighbours: “I hope he is able to finally reach a peace agreement in the Middle East, because for decades this has been tried and it hasn’t succeeded”.

Later in the day, Lula came back to the US election subject and commented: “We, Brazilians, are after Nigeria the second largest black nation in the world and we need to be optimistic, hopeful and have much pride, because it is not small potatoes to elect a black president of the United States. As Brazilians we are happy with the election. And we will be even happier if the US relations get better with our subcontinent”.

The president of Brazil’s Supreme Court, Gilmar Mendes, called Obama’s victory “a special moment”. However, he warned that “campaign is something and management, administration is something else”. “It is fundamental that there are definitions, especially at this time in the world economy”, added Mendes.

When finance is made available in Brazil, early investors are likely to see a sharp jump in property prices.

The IMF is predicting that the economy in Brazil will grow 3.5% next year, which is down a bit from recent years when it has been between 5% and 6%. Mr. Strauss-Kahn said that “Brazil is an economy in good shape. But even in good shape, the effect of the downturn in global growth will have consequences.”

The property market in Brazil is in better shape than much of the country, according to reports. The northeast coast of the country is particularly well off and should see continued growth, with cities there experiencing tremendous growth and interest in property from both domestic and international buyers.

Anoop Singh, Director of the IMF’s Western Hemisphere Department, praised countries in the Caribbean and Latin America, including Brazil. “Policy makers in the region remain on very high alert to dealing with the current shocks as well as additional risks such as volatile commodity prices,” Mr. Singh said. With a good economy and strong economic policies, these countries will do better than many in 2009.

The Brazilian president said his country has more than USD 200b in reserves and is afforded a measure of protection from turbulence in the world’s financial markets. He drew a sharp contrast between Brazil’s current situation and its position last decade.

“Just imagine if the crisis had happened 10 years ago. Then, a sneeze in the United States’ real estate crisis would have caused pneumonia in Brazil,” Lula said.

“We want it to be that Brazil is the best known tourism destination in the international market,” explained Jeanine Pires, the president of Embratur, responsible for the promotion of Brazil. “Therefore, the focus of our campaign is just to emphasize the diversity of Brazilian tourism.”

After the US launch, Brazilian officials travelled to the UK to kick off its European promotional tour. Flanked by Luiz Felipe Scolari, manager of English football side Chelsea, the launch attracted 150 tour operators, journalists and government officials.

“In the European bloc, the United Kingdom stands out among the regions that are increasing the number of annual visits to Brazil and in our promotional strategy, is put as one of the in the highest priorities,” added Pires.

According to Embratur, 177,000 Brits travelled to the country in 2007 and its goal is to increase this to 300,000 by 2010.

Alongside the US and UK, the advertising will be run across a variety of media in: Canada, Argentina, Chile, Peru, Germany, Portugal, Spain, France, Holland and Italy. Each of them will be an adaptation of the campaign according to their characteristics and knowledge about Brazil.

The country’s president said he is confident following a fact finding trip to China and has declared that the South American nation would be a suitable host. It has already secured the Fifa World Cup in 2014.

Hosting the World Cup and spending hundreds of billions of dollars on infrastructure improvements has already made Brazil a major attraction to foreign property investors. Securing the Olympic Games can only add to this.

President Lula da Silva said the trip to China was very helpful to Brazil’s aim of securing two of the world’s most prestigious sporting events within two years of each other.

The Brazilian delegation met representatives of the International Olympic Committee and looked at how the Beijing games are being managed.

‘Rio de Janeiro has all the right conditions to win this bid even if it is in competition with cities such as Tokyo, Chicago and Madrid. We have learned from the Chinese about the event’s organisation,’ said President Lula.

The Brazilian president met with International Olympic Committee (IOC) president Jacques Rogge. ‘I asked him to think about Brazil between now and 2016, with an economy growing strongly, with the poor gaining access to the middle class, with improved infrastructure and more security,’ Lula said.

‘I told him The Olympic Games were not created to take place only in rich countries and that Brazil is much better prepared than numerous other countries to host the Games.’

He also pointed out that the Panamerican Games of July 2007 had been a real success and the country’s hosting of the World Cup in 2014 would act as an ideal preparation for the Olympic Games two years later.

The cities shortlisted for the 2016 Games must submit a detailed dossier to the IOC in February next year and the final decision will be made at an IOC meeting in Copenhagen on October 2, 2009.