News South America Brazilian economic growth good for property investments Brazilian economic growth good for property investments |
|
|
| Tuesday, 18 March 2008 | |
 Growing economy in Brazil A recent report shows that the growing economy in Brazil points favourably to investing in the property market. Brazil's economy grew by 5.4% through 2007. This happened for many reasons, including the increased commodities exports and the domestic consumption that took over in the country. Brazil also is one of the most ideal locations for property investment within the continent. There are many ideal reasons for investment here. This includes the favourable investment climate within the country. Many others are purchasing in Brazil due to the increase in the number affordable locations to invest in. Property prices are low, and even in many of the developing areas of the country, growth potential is high. According to investors, the country is likely to weather any global slowdown as well. The country offers good high return potential in most areas. Much of the economic gain in the country last year is being attributed to a good fiscal policy in place by the government. Growth is likely to continue throughout the next few years, even reaching double digits in some locations. In 2006, the country had a GDP growth of just 3.8%. This story relates to: [SEE ALL] BOOKMARK THIS PAGE (What is this?) |
- Property tax law boosts interest in Panama 31/03/2008
- West Caribbean island reports record real estate prices 27/03/2008
- Slow down in new property development in Costa Rica 25/03/2008
- Falling dollar makes investing in Caribbean affordable for Brits 23/03/2008
- Dominican Republic offers an opportunity over other Caribbean markets 19/03/2008
- Jamaican investments soars with Can Cara developments 15/03/2008
- Caribbean investment increases and cruises remain popular 13/03/2008
- US investors look to invest in Latin America 13/03/2008
- Caribbean still offers promise for tourism 12/03/2008
- Investment opportunity as Argentinean economy strengthens 10/03/2008
South America: Top Headline
New areas of Costa Rica opening up to property developmentProperty development in Costa Rica is reaching out to previously inaccessible areas and offering investors different choices, according to a new guide.
Feature story
Islamic finance poised for massive growth as London becomes key hub outside the Middle EastLondon is emerging as the key centre for Islamic finance outside of the Middle East as financial institutions clamber to become part of a growing market. Currently it is estimated that Islamic banking manages funds of $200 billion. It is predicted to increase by up to 15% a year and be worth a trillion dollars by 2010.
Company news
The Canaries are singing a new songOnce upon a time the Canary Islands were an exclusive holiday haunt for only a select few who actually knew where the Spanish archipelago was hidden in its tucked away corner of the North Atlantic Ocean.
Forum Watch
Forums debate the good prospects in German property market but finance is a big hurdleWith Germany emerging as one of the best longer term property investment prospects amid the credit crunch it has also become a major topic on the property forums this week.
Currency watch
Sterling still weak as Dollar gains strengthThe UK sterling had a hard day yesterday as the Dollar kept on getting stronger, and UK consumer confidence slumped to a 4 year low.
Newsletter
Subscribe to our weekly newsletter and stay updated on the property market trends.
Subscribe now >>
