Five Great Reasons To Invest In Property In Joao Pessoa, Brazil
It seems that suddenly all eyes are on Brazil, it is the place to live and the place to invest in property. With so many areas to choose from, how do you make your selection? Here we look at five top reasons why you should choose Joao Pessoa in the North East.
Joao Pessoa will be without doubt the best location from which to enjoy the 2014 Football World Cup. Situated mid-way between Recife and Natal, Joao Pessoa provides fast access (around an hour) to both host cities via the new motorway whilst offering laid-back charm and some of the most beautiful beaches in Brazil.
Construction has started in Joao Pessoa of one of Brazils leading conferences centres. The project has a budget of $60 million and is expected to bring with it a boom in tourism to the city as visitors flock to attend its cultural events and conference programmes. Real estate values, already rising, are set to boom still further as new hotels and resorts are constructed to service the conference centre. The centre is located in Cabo Branco, Joao Pessoas prime residential district and home to some of the best beaches in the area. The chance to buy in to Joao Pessoas property market an early stage is great news for investors in Brazilian real estate.
Joao Pessoa offers year-round entertainment and cultural events. Through the peak summer months the main beach at Cabo Branco is alive with daily open air music concerts and throughout the rest of the year key landmarks throughout the city are given over to a non-stop calendar of sporting events, fashion shows and art exhibitions.
North East Brazil in general is receiving a lot of interest from the international investor market but the place on everyone’s lips right now is Joao Pessoa. Economic expansion and migration from the southern cities are fuelling the domestic market, ensuring a steady stream of buyers for new and resale properties and developers are struggling to keep up with demand. Couple this with the boom in tourism, a near-perfect climate and a year-round rental market and international investors can do little better than to invest in this exciting market right now.
Due to its outstanding setting and relaxed way of life, Joao Pessoa has been attracting foreign investors for the last few years. The growth of the city and the recent influx of foreign investors who have chosen to settle in Joao Pessoa has prompted the opening of a new bilingual international school in January 2010. The school will teach a bilingual curriculum in English and Portuguese and will also prove attractive to the many people moving to Joao Pessoa from Rio and Sao Paulo to take advantage of the city’s great lifestyle.
This piece was written by Ginny Naish of Property Dreams Brazil, a real estate consultancy based in Joao Pessoa, North East Brazil. Property Dreams Brazil can provide consultancy services with regard to investment property, land acquisition, re-location and property marketing. Please visit Property Dreams Brazil for further information.
