Cookies on the this website
We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on this website. However, if you would like to, you can change your cookie settings at any time.
Continue

New to PropertyWire?

Welcome, and thank you for visiting our website.

PropertyWire is the leading publication for property investors and industry professionals interested in the world of international property investment.

Our aim is to give you intelligent commentary and analysis on the world of retail and commercial real estate.
If you've enjoyed what you've read so far why not sign up for our FREE property alert and online magazine PropertyWire Confidential.

Every week the PropertyWire team sends out a hard-hitting newsletter packed with news and analysis of the top stories plus the best investment opportunities on the market. We always look at the bigger picture like the Euro Crisis, and explain how this will affect YOUR investments.


Ask me later
No thanks

Sun
Sep 21st
Lost Password? Register
Home arrow News arrow South America arrow Land plots released in Brazil for overseas property investors

Land plots released in Brazil for overseas property investors

Monday, 03 December 2012
Image
Overseas investment in property in Brazil has hit an all time high and, as the fifth largest country in the world, prime land plots are increasingly regarded as a good investment for any portfolio, it is claimed.

In the build up to the 2014 FIFA World Cup and the 2016 Olympic Games, the Brazilian government is predicting that the economy will grow at an annualised rate of 4% or above for 2013.

There has also been an increased amount of Foreign Direct Investment (FDI) pouring into the country over the past 12 months. A recent report by Ernst & Young Terco estimates that FDI into Brazilian real estate can be counted at between R$5 billion and R$10 billion in 2012 so far, perhaps fuelled by the much publicised Accelerated Growth Program (Programa de Acelerao de Crescimento, PAC) which was implemented to improve the country's infrastructure in preparation for both sporting events.
 
With an estimated R$800 billion allocated to the programme, which includes repairing and upgrading the roads and the construction of a high speed train linking Sao Paulo and Rio de Janeiro, savvy investors are seeking out prime plots of land and real estate now, while prices are still affordable and the possibility of capital appreciation is high.

Property firm Knight Knox International, which has been selling property in Brazil for many years, has recognised the increased investment potential in the country and has just launched three new land plot sites, which it believes offer terrific value to investors.

磑Land plots in Brazil are the perfect example of an investment opportunity that has a great potential for capital appreciation, said Mike Sefton, property consultant at Knight Knox International.

ґGreat locations, amazing price points and more importantly planning permission, are all important factors when purchasing land, which is why we have only sourced projects that we are confident will deliver strong returns for our clients, he added.

The plots include Rio Hills in Rio de Janeiro which are available 100% freehold with pre-launch prices starting at ң21,076. Construction licenses are in place on all lots and an experienced management company is in place should investors choose to build on the land. The firm describes is as an up and coming area with lake and mountain views just 45 minutes away from downtown Rio.

The Plantation plots are located in The Discovery Coast, Bahia, and come with planning permission for high standard villas. It is described as a tropical paradise and a favourite holiday/retirement destination for wealthy domestic Brazilians with prices starting at 30,000 for a 366 square meter plot.

There are also plots at Capongo Beach, some 35 minutes south of the city of Fortaleza. There is planning permission for 600 villa plots on approximately 80 acres of land with prices starting at ã12,000 for a 250 square meter piece of land. Roads, curbs and street lights are already in place.

This story relates to: Property  brazil  investment  land  south america  [SEE ALL]


BOOKMARK THIS PAGE (What is this?)     Digg!Reddit!Del.icio.us!Google!Live!Facebook!StumbleUpon!Newsvine!Furl!Yahoo!

 
More Recent News
Earlier News
To see all the latest news articles in our monthly online magazine, Property Wire Confidential, sign up free here






West Tower

West Tower

Car park

West Tower

home rental guide

Limousin Guide

Barratt Homes

Limousin Guide

West Tower

South America: Top Headline

RICS set to play a growing role in growing Brazilian real estate marketsRICS set to play a growing role in growing Brazilian real estate marketsThe Royal Institution of Chartered Surveyors has an important role in the real estate industry in Brazil as growth in the markets continues, it is claimed.

Search for Properties:

Feature story

Student accommodation investment check List

It’s the UK’s strongest asset class, but are all student accommodation properties good investments? This is the comprehensive list of what to watch out for when buying student property.

 

Company news

Estate and lettings agents UK advert campaign launched

The National Association of Estate Agents (NAEA) and the Association of Residential Letting Agents (ARLA) have launched a new regional TV campaign to raise awareness among consumers of the importance of using an NAEA or ARLA licensed agent.

Finance Update

Skipton announces new buy to let fixed rates

The Skipton Building Society has launched a new range of buy to let seven year and five year fixed rate products.

Features

Student accommodation investment check List

It’s the UK’s strongest asset class, but are all student accommodation properties good investments? This is the comprehensive list of what to watch out for when buying student property.

 

Newsletter

Subscribe to our weekly newsletter and stay updated on the property market trends.
Subscribe now >>

Subscribe to our South American property and real estate news feed (RSS)