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Brazil Property News: North-east Brazil is 'safe and secure'
1st November 2007 04:02
The north-eastern area of Brazil has been praised as "safe and secure" due to the low frequency of natural disasters in the area.
Luiz Felipe Cavalcante from the Association for Real Estate and Tourism Development (ADIT Nordeste) said at a conference this week that states such as Alogoas in north-east Brazil are a good property investment due to their easy access to an international airport and lack of natural disasters such as earthquakes or hurricanes.
He said: "In 2006 the province received 992,349 local tourists and 76,072 international visitors making northeast Brazil property investment a viable option."
Mr Cavalcante praised the investment opportunities in Brazil in a previous statement, saying that Brazil offers "excellent opportunities" for growth in tourism-related real estate development.
"The professionalism of domestic players in the [property] sector, a strong and transparent regulatory framework and a robust macroeconomic environment offer unparalleled opportunities for foreign investors," he added.
ADIT is a non-profitable organisation which provides objective information for international investors.
Members include national and international property investment companies that work in conjunction with government officials to attract foreign capital for development into the area.
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