Success of Brazilian property boosting construction industry
The Minha Casa, Minha Vida Brazilian housing project is giving a huge boost to Brazilian construction firms.
It was introduced to provide homes to 400,000 lower-income families and another 600,000 properties for the middle classes, and is succeeding as an excellent economic stimulus measure for the South American country, LatinTrade.com reported.
Brazil news: 1.4m jobs created in first half of 2010
Those considering buying property in Brazil could be encouraged by a record number of new jobs being created between January and June 2010.
A survey issued by the Brazilian Ministry of Labour’s general register of employed and unemployed showed that the country saw the highest number of new job openings since June 2008, Brazzil Mag has reported.
British house price recovery could highlight need for Brazilian property
Investors have been told that a recovery in UK house prices could take years, which may convince people to look further ashore for more profitable ventures, such as Brazilian property.
A study by PricewaterhouseCoopers showed that there is a 70 per cent chance that UK house prices will still be below peak 2007 levels by 2015 in real terms.
Emergency Budget could lead to Brazilian property investment
Yesterday’s (June 22nd) Emergency Budget announcement by Chancellor George Osbourne could increase the number of people who will look to emigrate.
He said that the tough measures which he has taken were "unavoidable" in order to deal with the UK’s debt, and promised that everyone will be "in it together".
Brazilian bonds ‘an attractive investment’
A fund manager has singled out Brazilian bonds as being among the most attractive global investment options, which may interest those looking at Brazilian property.
In an interview with Bloomberg Television, Pacific Investment Management Company co-head of emerging markets Michael Gomez said the country’s local bonds offer better returns than many of their rivals.
New figures highlight strength of Brazilian economy
The growing strength of the Brazilian economy has once again been highlighted as auto-manufacturers report record sales.
Citing increasing consumer demand, which is being largely driven by the ’strong economic rebound’ being seen in the country, the sector has announced that it enjoyed a 32 per cent increase in output in March when compared to the preceding month.
Brazil ‘has potential to become a superpower’
Brazil has now turned a corner and now has the economic potential to become a world superpower, it has been claimed.
Paulo Prada, in an article for the Wall Street Journal, noted that the country has the biggest economy in Latin America, citing research from Goldman Sachs which noted that by 2050, it will most likely move into fourth place in the world.
Undiscovered delights ‘have a special energy’
Investing in Brazilian property will give people the chance to visit a number of undiscovered sites of beauty, according to an expert.
Lisa Rudkin, travel consultant at Sunvil Traveller, said that due to the immense size of the country, there is so much for people to do.
Brazilian economy ‘has a lot going for it’
People buying property in Brazil will be moving to a country whose economic outlook "has a lot going for it".
A report by CompaniesandMarkets.com said that bank lending will continue to be a driving force behind its success, offering more sophisticated instruments to different sectors, including housing, where loans are still a new phenomenon.
Opportunities to be seen in Brazilian property
People thinking about investing in overseas housing should look into Brazilian property, as the country has a host of growth opportunities opposed to traditional markets, according to an expert.
Anna Thompson, a spokesperson for Worldwide Investments, said that South American economies are developing especially well in comparison to mature ones in Europe.
