Article by: emmanuel@seekinternationalproperty.net (Emmanuel Adeyanju) Published: 29/05/2012

NORTHEAST BRAZIL- ALAGOAS-MACEIÓ

In order to grow tourism levels, a new international airport was built permitting the establishment of direct flights between Europe and Alagoas and the state governor has recently pledged to invest a further $200 million, which will go towards improvement of services and infrastructure.

In 2005 a brand new convention centre was developed, which led to an increased number of business travellers visiting the city for various international conferences. Revenues derived from the tourism increase, has led to positive growth in real incomes.

In terms of property, Maceió has recently started to catch the eye of the international buyer due to its spectacular beauty and competitiveness of prices in comparison with other hotspots in Brazil. Large multi-national developers are now developing in the region. With a high occupancy rate and increased interest, Maceió looks like a sound investment.

CEARÁ-FORTALEZA

Fortaleza is the capital of Ceará. It is the wealthiest city in the north east of Brazil and is currently experiencing a tourism and property boom. Some residents of Rio de Janeiro and São Paulo believe Fortaleza to be more exotic and exciting, hence Fortaleza is a popular holiday destination for the Brazilian people and the middle class aspire to buy holiday homes there.

The demand provides the investor with a ready made exit route if he wishes to realise the gains from his investment.

Economically, Fortaleza is developing at a rapid pace and on its own produces more than 43% of the total economic output of the state of Ceará based mainly on agricultural products, services and tourism.

Major property developers are now investing heavily in the best locations in Fortaleza and surrounding areas like, Cumbuco, Porto das Dunas and Canoa Quebrada.

Fortaleza's increased employment rate, increasing wages and ability to attract foreign investment continues to drive property price growth.

RIO GRANDE DO NORTE-NATAL

Natal, "the city of the sun", is the capital city of Rio Grande do Norte and is growing more and more popular amongst Brazilian and international tourists. According to the Institute for Applied Economics Research, Natal is the safest city in Brazil, and one of the Brazilian cities nearest to Europe, with a flying time of 7-8 hours.

A new airport (Sao Gonzalo del Amarante) currently being constructed is only a 30 minute drive from Natal and it is anticipated that 5 million passengers will pass through its doors in 2014.

In November 2007 the new bridge "Ponte Newton Navarro" was finished, improving infrastructure and making the north zone of Natal a lot closer to the main side of Natal.

The completion of the bridge has also stimulated further developments and demand for areas north of Natal, such as, Jacumã, Maracajaù, Touros and Sao Miguel do Gostoso.

External Article Link: http://www.property-partnership.com/overseas-property-guides/overseas-property-guide.cfm?id=394

Article Link: http://www.property-partnership.com/overseas-property-guides/overseas-property-guide.cfm?id=394

Please contact the author at emmanuel@seekinternationalproperty.net for more information.