Natal Property Prices are on the Raise

Now is the time to invest in property in Brazil, as the economy is good and prices are still low in comparison to many other holiday destinations. If you are looking for a holiday home, want to buy a second home or even retire to this stunning country then this is where you should be considering an investment. The cost of living is low, the economic growth rate high and your money goes a long way here. Even properties close to the tropical beaches are still affordable and you are sure to enjoy an excellent return in rentals if you decide to rent out when you are not occupying the property yourself.

The north eastern area of Brazil is now quickly becoming a well-known name with overseas property investors as it contains some of the most beautiful coasts in the country and is still a relatively undeveloped tourist market. Demand for beach property in Bahia, Fortaleza and Natal with their stunning sandy beaches, tourist facilities and good infrastructure already in place, is on the rise.

Natal is known as the City of the Sun and already a major tourist destination in Brazil. It is an increasingly fashionable area that draws in domestic visitors and international tourists. The town provides visitors with a good selection of first rate and luxury hotels, restaurants and businesses related to the tourism industry and transport and communication systems are much better here than many other parts of the country.

The Natal natives realize the significance of tourists to their economy and visitors here are treated with a friendly welcome. Natal is a major destination for visitors to Brazil and demand for property is expected to rise as more and more visitors arrive in this area. The Tourism Authority in Brazil is taking advantage of this rise in tourists with a plan already in motion that will see major developments springing up to accommodate the number of expected tourists and create new jobs, all good news for Natal Property investors.

There are major updates in transportation links and communication networks taking place including the redevelopment of 8 airports, as well as improvement works on over 1,000 km of the regions roads. The Brazilian government is working hard to encourage investors and tourists to visit the country. Realizing this huge potential, international airlines have opened up new direct routes to Natal’s Augusto Severo Airport with scheduled flights from Lisbon with TAP Portugal, and charter flights from many European cities. Brazil will also be home to the world’s fourth largest airport set to be completed in 2010 in San Gonzalvo.

At the moment the favorable currency exchange in Brazil makes it cheap for foreigners to invest and the future of the country looks promising. The government actively encourages foreign investment and you are able to own 100% of land and property. Investors who have purchased in Brazil already have seen returns as high as 20% in some of the more popular coastal regions.

Anyone investing in property in Brazil and the coastal resorts, such as Natal, at this time are likely to see a high return in the future. With everything to offer, a secure economy, perfect climate and thriving tourism industry, investing in property in Brazil is guaranteed to be a successful move.

Michiel Van Kets provides article services for Mark Burns who has extensive experience in the overseas investment property market, specializing in property and real estate and through the Offplanworld.tv website provides extensive coverage on the worlds major property markets including property in Natal and Fortaleza. For advice and information on the Natal, Cabo Sao Roque property market, visit Offplanworld.tv.

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