Carapibus is a ‘prime location’ for investors
Carapibus is a "prime location" for those interested in buying property in Brazil, according to a source.
Homesgofast.com claims the area, which is just south of Joao Pessoa, is a strong option for investors thanks in part to money pumped into the area’s tourism industry by the government, which has made it "one of the most popular" regions in the country.
According to the source, the area is a "sleepy fishing village" which sits near the Atlantic Ocean and Jacuma beach.
Many apartments and homes in the region are available on ownership schemes, which claim to offer a guaranteed five per cent return within two years, the website adds.
Elsewhere, ING Real Estate, a worldwide property fund manager, has opened a base in Brazil, reports Reuters.
The firm has decided to open a location in Sao Paolo after "analysing the Brazilian market", office head Florencio Beccar told the news provider.
