Real estate in Brazil an option for property investors?
Date added: 7th April, 2011 at 10:45
(view all articles from April, 2011)
Categories: Economy
Investors may want to consider real estate in Brazil after one expert suggested property is likely to offer healthier returns than simply leaving funds in savings accounts.
David Kuo of The Motley Fool stated in the PropertyWeek.com podcast that the current financial climate means "inflation is going to eat away at your savings", so long-term funds should be placed in "inflation-beating products".
"What you need to do is ensure that you invest it in products that will pay you more than five per cent a year," he remarked, adding property - along with stocks - is one of only two asset classes that have the potential to do this.
Mr Kuo added now is the ideal time to invest in property - a comment that may encourage those considering buying real estate in Brazil to go ahead with the purchase.
Earlier this month, Brazil's investment potential was given another boost by news that Fitch has raised its rating for the country's economy to BBB+.
For anyone wishing to invest in the full potential of Brazil, Property Bond Brazil has an excellent array of investment in Brazil. 
Related Articles
Fitch praises Brazilian government and increases the country's rating
Date added: 5th April, 2011 at 09:27
(view all articles from April, 2011)
Numbers of hotels for sale in Brazil to rise?
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
(view all articles from March, 2011)
"Massive" investment in Brazilian property reported
Date added: 29th March, 2011 at 10:32
(view all articles from March, 2011)