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Brazilian News - Olympics 2016

US and European residents increasingly moving into Brazilian property

People from the US, Britain and European countries are moving into Brazilian property, as a wealth of opportunities in the nation attracts Western professionals....

Date added: 15th August, 2011 at 10:14
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Hotels for sale in Brazil could see high levels of demand

People thinking of buying hotels for sale in Brazil may be making a shrewd investment as it has been noted that inns are filling up fast....

Date added: 7th July, 2011 at 10:50
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My House My Life affordable housing project 'offers opportunities for Brits'

Brazil's expanding economy, oil industry and regeneration efforts are attracting UK building firms and the affordable housing project My House My Life (Minha Casa Minha Vida) is one programme in which Brits could get involved....

Date added: 1st July, 2011 at 10:11
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Pacification of favelas increases value of property in Rio de Janeiro

Property in Rio de Janiero is increasing in value following raids on the city's slums.

The BBC stated that the invasion of favelas by police - a process known as pacification - is an attempt by the government to force out the drug barons such areas have become known for....

Date added: 28th June, 2011 at 10:48
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Brazilian property 'one of the most popular overseas investment opportunities'

Brazilian property is a popular investment opportunity, it has been claimed, with many people attracted by the country's strengthening economy....

Date added: 20th June, 2011 at 10:09
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Extra flights to increase access to property in Rio de Janeiro?

People considering purchasing property in Rio de Janeiro or buying hotels for sale in Brazil may be keeping a close eye on international tourism trends, which could affect the success of their investments.

In which case, they may be pleased to hear that Brazilian airline TAM has announced an increase in the number of flights it operates from London to Latin America's largest economy.

The company noted the links between UK and Brazilian firms, with many employees required to travel between the two countries.

With an additional three flights a week added to the daily service it currently provides, the airline hopes that it may be able to cater for the number of British tourists and businessmen taking trips to the nation.

The extra journeys will run between London and Rio de Janeiro and are to begin on August 2nd, which may be good news for Brazilian property owners, whose assets could soon be more accessible to foreign travellers.

Hoteliers and operators of rental accommodation in the Latin American city may be particularly pleased to hear of the changes as they look forward to the 2014 Fifa World Cup and 2016 Olympics.

The 2016 event will be hosted by Rio de Janeiro, while the football tournament will involve many stadiums across the country, including those in the city.

TAM Airlines stated that the extra flights it plans to operate are designed to help cater for the increased demand that will be driven by the major sporting events.

It has already seen a growing number of customers for its Rio de Janeiro services, which were first introduced last year, as an increasing number of people take business and leisure trips to Brazil, with firms particularly attracted to Brazil's creative, banking and energy industries.

Indeed, a recent report from TAM Airlines highlighted figures from the Brazilian National Civil Aviation Agency, which showed there was a 26.7 per cent increase in demand for flights from the international market in March compared with the same month a year before.

The same statistics revealed that many of the people arriving in Rio de Janeiro may not be overseas travellers.

In fact, demand in the domestic market for flights across the country increased by 25.2 per cent in the third month of the year compared with March 2010.

However, it was noted that an influx of travellers was seen in the month due to the carnival held in Rio de Janeiro....

Date added: 16th May, 2011 at 13:25
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Numbers of hotels for sale in Brazil to rise?

The number of hotels for sale in Brazil may rise, as one expert has suggested that the construction of the properties is to accelerate.

Hotel Interactive reported on the comments of senior vice-president of Lodging Econometrics Bruce Ford, who explained at the BITAC luxury event that the World Cup and the Olympic Games, which are soon to be hosted by the nation, will give the industry a boost.

"They have some tremendous events coming up in Brazil over the next several years … and they will need to build hotels and they will need to become more branded," he said.

In 2014, the World Cup will be played over 12 cities in the country, while the Olympics will be held in Rio de Janeiro in 2016.

Mr Ford said that developers' plans are "largely unannounced" at the moment but he predicted that 30,000 rooms could be under construction by the end of next year.

"The more branded that they become the more that banks are going to get interested, the more that international investors are going to get interested," he asserted.

Currently, there are around 11,000 rooms being built, the news provider noted, with another 15,000 more announced as part of new projects this year.

Hotel Interactive stated that changes in the Brazilian population may also be positive news for the sector.

Indeed, the Brazilian Institute of Geography and Statistics (IBGE) recently revealed that usual real income among its people had reached R$1,540.30 (£588.57) in February compared with R$1,485.94 at the same point a year earlier, representing a 3.7 per cent annual increase.

This may reflect the increasing number of individuals in work in the country, as the figures also showed the unemployment rate dropped to 6.4 per cent last month, compared with 7.4 per cent 12 months previously.

In February, there were around 10.7 million people with jobs with formal contracts – a 6.9 per cent rise on statistics from a year earlier, or an extra 687,000 roles.

Other positive changes in Brazil reflected in statistics from the IBGE include a 1.2 per cent increase in retail sales in January compared with the month before, the ninth hike seen in as many months.

Meanwhile, nominal revenue in the sector grew by 1.1 per cent, rising for the 13th consecutive month....

Date added: 31st March, 2011 at 10:03
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Investment in Brazil to benefit from Copa America football tournament?

People seeking opportunities for investment in Brazil may be interested to hear the Copa America football tournament will be held in the country....

Date added: 24th February, 2011 at 09:20
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Investment in Rio to grow on LOCOG agreement?

People seeking opportunities for investment in Rio de Janeiro may be interested to hear that the procurement team for the London Organising Committee for the Olympic Games (LOCOG) has offered assistance to Brazil, according to Supply Management magazine....

Date added: 1st February, 2011 at 14:00
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Fund investing in Brazilian property 'outperforms other vehicles'

It has been claimed a fund that backs Brazilian property has performed better than other vehicles for investment in Brazil....

Date added: 31st January, 2011 at 09:38
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Investment in Rio sought for Olympics

Investment in Rio is being sought by the city's mayor Eduardo Paes in order to fund the hosting of the Olympic games in 2016....

Date added: 28th January, 2011 at 10:10
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Brazilian property investment opportunities 'to improve with global tourism growth'

Investment in Brazilian property may become more popular this year, as the country becomes one of those leading the growth of global tourism....

Date added: 25th January, 2011 at 13:55
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Hotels for sale in Brazil to be popular as 'Brics lead tourism growth'?

Those considering investing in hotels for sale in Brazil may be interested to know that one expert has said the nation is one of those that will lead tourism expansion in the future....

Date added: 24th January, 2011 at 13:29
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Reforms 'attract investment in Brazil'

Investment in Brazil is being attracted by the economic and political reforms which one writer has argued are transforming the country into "a manufacturing powerhouse"....

Date added: 18th November, 2010 at 10:00
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Brazilian property prices 'lifted by housing shortage'

Brazilian property prices are climbing due to a shortage of houses, it has been claimed....

Date added: 9th November, 2010 at 09:58
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Property in Rio de Janeiro 'going green'

Property in Rio de Janeiro is becoming more sustainable ahead of the 2016 Olympics, it has been claimed....

Date added: 5th November, 2010 at 09:16
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Investment in Brazil's infrastructure 'needed before sporting events'

Investment in Brazil will need to be made before the country hosts the World Cup in 2014 and Olympic Games in 2016, it has been claimed....

Date added: 29th September, 2010 at 09:18
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