Monday, July 30, 2007

The Word on the Street is Brazilian Property in Fortaleza

International property investors are right now researching
Brazilian property and many are finding the area of
Fortaleza, Brazil an attractive place to invest. Cheap land
prices a stable economy and low cost of living Brazil is a
strong contender for the hottest overseas property location
in the world.

Fortaleza is situated on the far northeast coast in one of
the driest and sunniest parts of the country. This city of
2.1 million inhabitants is the capital of the state of
Ceara and sits along the spectacular Atlantic coastline.
Fortaleza is known for its sunny days and active nights

There is something for everyone in this city, from beaches
and bars to culture and shopping. Iracema Beach is a
popular, eclectic beach that has many all night bars for
tourists and locals alike to enjoy. Other popular beaches
include the Praio de Futuro, Meireles, Volta da Jurema and
Mucuripe. The last three of these beaches are connected to
each other by the Avenida Beira-Mar, a three mile long road
with just about anything anyone could want. The largest
water park in Brazil is at Porto das Dunas, about 20
minutes south of the city.

Fortaleza has many existing properties for sale that are
available at very reasonable properties. For those looking
for a place to retire, this is a hard place to beat with
existing costs so low. It is also beginning to see some
major developments spring up, particularly along the coast
outside of the city. Taibai Beach Gardens is a new
development about 60 minutes outside the city and The
Fountains, Praia das Fontes, about 50 minutes south of the
city are two popular new developments. These and other
developments have many off-plan units for sale, and the
values are only expected to rise in the coming years.

Development and investment is slowly moving up the
Brazilian coast and now is a great time to get into this
area. Over the next few years, there will be much greater
activity in these areas, and the investments and values of
all properties will rise.

With the recent opening of its new international airport
terminal, getting to Fortaleza is becoming easier. Pinto
Martins International Airport (FOR) opened its terminal in
1998 and is just 15 minutes from downtown. Because of its
location it is the closest major Brazilian city to Europe
and there are an increasing number of charters that fly
directly into Fortaleza. There is connecting service from
Salvador, Rio de Janeiro, and Sao Paulo.

Brazil is already making investors money house prices are
picking up and the currency is getting stronger no wonder
the word on the investment street is Fortaleza Brazil


----------------------------------------------------
Nicholas Marr is clearly an observer of life and front row
spectator of the events in the overseas property market. A
lifetime property investor his UK based company Marr
International owns one of the fastest growing overseas
property websites in Europe at http://www.homesgofast.com
and Brazilian property website at

http://www.brazilian-homes.com/

1 comment:

Anonymous said...

I noticed that Brazil offers excellent opportunities for growth in tourism-related real estate development. The professionalism of domestic players in the sector, a strong and transparent regulatory framework and a robust macroeconomic environment offer unparalleled opportunities for foreign investors. Because of this, I believe that Europeans will soon begin to capitalize on the great potential of Brazil property and tourism.