Five Great Reasons To Invest In Property In Joao Pessoa, Brazil
ByJoao Pessoa is the latest hot investment location in Brazil’s booming North East. Here we take a look at five of the top reasons why real estate investors have chosen to focus on this delightful beachfront Brazilian city.
With the 2014 Football World Cup hosted by Brazil, Joao Pessoa is positioned perfectly to provide the perfect holiday location with its first rate beaches, restaurants and laid back charm. With easy access to see some of the group matches in Natal and Recife, both only an hour away on the new motorway, Joao Pessoa is well positioned to benefit from the ‘World Cup’ effect!
Construction has started in Joao Pessoa of one of Brazils leading conferences centres. The project has a budget of $60 million and is expected to bring with it a boom in tourism to the city as visitors flock to attend its cultural events and conference programmes. Real estate values, already rising, are set to boom still further as new hotels and resorts are constructed to service the conference centre. The centre is located in Cabo Branco, Joao Pessoas prime residential district and home to some of the best beaches in the area. The chance to buy in to Joao Pessoas property market an early stage is great news for investors in Brazilian real estate.
Joao Pessoa offers year-round entertainment and cultural events. Through the peak summer months the main beach at Cabo Branco is alive with daily open air music concerts and throughout the rest of the year key landmarks throughout the city are given over to a non-stop calendar of sporting events, fashion shows and art exhibitions.
North East Brazil has been on the radars of international investors for some time now and the area is booming. However, buyers need to choose their Brazilian investment location with care to ensure they dont buy into a high-rise bubble that is set to burst and this is why Joao Pessoa is receiving so much positive attention. Thanks to major economic expansion and migration from the colder southern cities, the domestic market is booming and there is a steady stream of buyers for new and resale properties. Couple this with one of the worlds best climates offering a year-round season and excellent rental returns, and it is no wonder that international investors are so keen to buy into Joao Pessoa real estate.
Joao Pessoa will today officially announce the opening of its new international school in January 2010. The city has seen the number of foreign residents rise over the past few years and the international school will provide a welcome enhancement to their educational options. Initial reactions indicate that the new school is also likely to prove highly popular amongst the local population as the city opens up more and more to the international stage.
This article was written by Ginny Naish of Property Dreams Brazil, a real estate consultancy based in Joao Pessoa, North East Brazil. Property Dreams Brazil can provide advice with regard to investment property, land acquisition, re-location and property marketing. Please visit Property Dreams Brazil for additional information.