Property in Rio de Janeiro, Brazil, is beginning to look very attractive for foreign investors as prices continue their swift decline, fuelled by a sharp devaluation of the Brazilian Real.
Brazil’s Real Estate Looking Hot in 2012
January 2, 2012 by
Investors looking to spread their wealth overseas next year would do well to target Brazilian real estate, according to a new survey. While the USA remains the favorite choice for real estate investors, the sunnier climes of Brazil are fast catching up…
Brazil’s North-Eastern State of Ceara to See Population Boom
November 16, 2011 by
It’s been predicted that Brazil’s north-eastern state of Ceara, the municipalities of Pecem, Sao Goncalo and Caucaia will undergo something of a population boom due to ongoing development of the port and industrial zone. The current population of Pecem and Sao Goncalo is just 15,000, but this is expected to expand to 140,000 within the
Brazilian Mortgage Market Shows Room for Growth
September 7, 2011 by
At the moment foreigners cannot apply for mortgages in Brazil, but the mortgage market here is extremely young, and there’s lots of room for growth in the future, especially as the current level of mortgage lending accounts for just 4% of GDP. To put this into perspective, mortgage debt in the US accounted for 55%
