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24-Nov-2008

Rental Market Booms in Brazil’s North East

The north east region of Brazil is not only seeing a remarkable boom in new housing, but it is also experiencing a large increase in the home rental market, according to an article printed in one of the region’s leading newspapers.

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Brazil’s Northeast : A Good Bet for Investors

Thursday, 09th October 2008

Brazil is hot property right now and has been for a couple of years. In fact, some of Brazil’s hottest regions have appreciated a lot in the last five years. Some say the situation is much like it was in southern Spain some 20 years ago.

Fact is, Brazil is only a bit over 8 hours flight from Britain and can be easily accessed from all over Europe with regular flights. When the new northeastern airport is built in 2010, it will open even more doors for overseas travellers. Right now, the country is still in its infant stages when we look at statistics in terms of overseas travel arrivals.

New investors are keeping their eyes on the popular northeast, where thousands of beautiful white sandy beaches provide the perfect backdrop to living in a pristine paradise.

Source: PropertySteps  

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