Brazil Property and Real Estate News

Brazil car sales hit record level in June, up by 21.5%

uv10 Brazil Property & Real Estate — Fri, 03 Jul 2009 15:20:11

(news from uv10 Brazil Property & Real Estate)

Brazilian car sales soared by 21.5 per cent between May and June, hitting a record level of 300,174 units, according to the latest figures.

The National Automotive Dealership Association, Fenabrave, reported that the economic recovery and generous government tax breaks have fuelled consumer demand.

Sales of new vehicles were also up by ..........

Brazil real estate incentive scheme has locals queuing up to buy

uv10 Brazil Property & Real Estate — Thu, 02 Jul 2009 16:44:34

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Locals are queuing up to invest in property for sale in Brazil on the back of the government's housing plan, according to a source.

Through the incentive scheme Minha Casa, Minha Vida (My Home, My Life), people from poorer backgrounds in the country are provided with financial help to purchase their ..........

Brazil beach named in top ten in the world, outside US

uv10 Brazil Property & Real Estate — Thu, 02 Jul 2009 16:44:06

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Brazilian property investors may want to search for accommodation on the east coast as a beach in the area has been named in the top ten in the world, outside of the US.

Bahia beach in Trancoso has been chosen by askmen.com as the seventh best stretch of sand, saying it ..........

Petrobras 'spends BRL 554.8m on sport, culture and environment'

uv10 Brazil Property & Real Estate — Wed, 01 Jul 2009 16:44:16

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Brazilian energy firm Petrobras invested 554.8 million reais (£172.8 million) in environmental, social, cultural and sporting projects in the country last year, it has been reported.

In news which may interest Brazilian property investors, the company supported 2,300 projects across the South American nation, according to Brazzil magazine, citing Anba news ..........

Brazil govt sets inflation target at 4.5%

uv10 Brazil Property & Real Estate — Wed, 01 Jul 2009 16:43:51

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The Brazilian government has set its inflation target at 4.5 per cent for 2011, choosing to keep it at the same level as last year.

Planning minister Paulo Bernardo announced the decision, saying it allows the country's central bank more flexibility in creating monetary policy, which may interest Brazilian property investors.

The ..........

Brazil property market 'will remain stronger than Spain'

uv10 Brazil Property & Real Estate — Tue, 30 Jun 2009 14:45:11

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Construction of property in Brazil will weaken as a result of the recession but will remain more resilient than building levels in other markets, such as the US, UK or Spain, according to an expert.

Joan Magee, writing for Dow Jones newswires, reports that the efforts by the government to counter ..........

Local knowledge is an advantage for Brazil property buyers

uv10 Brazil Property & Real Estate — Tue, 30 Jun 2009 14:44:41

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Local knowledge is a "distinct advantage" when buying real estate, according to an expert, whether that is property in Brazil or elsewhere.

Richard Bowser, editor at Property Investor News, explains that many naïve buyers made the mistake of focusing on supply without concentrating on demand.

He says that it is important for ..........

North-eastern Brazil property market 'booming'

uv10 Brazil Property & Real Estate — Mon, 29 Jun 2009 14:55:52

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The Brazilian property market is booming in the north-east of the country on the back of regionally-produced commodities, according to a report.

Nick Foster, writing for the New York Times, says that the ethanol in particular has contributed to the growth in the residential real estate sector in Recife.

He says that ..........

Brazil real estate developers going green

uv10 Brazil Property & Real Estate — Mon, 29 Jun 2009 14:55:29

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Brazil real estate developers are extremely conscious of the sustainability of new buildings as the environment is a hot topic in the country, according to an expert.

Samantha Gore, sales and marketing director at Brazilian property specialist uv10.com, says that green issues are increasingly influencing buying decisions as people become more ..........

Brazilian property market 'in top five for investment'

uv10 Brazil Property & Real Estate — Fri, 26 Jun 2009 17:05:31

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The Brazilian property market has been named as one of the top five areas for investment by an industry commentator.

Real estate portal Propertyabroad.com names Rio de Janeiro and Natal in the north-east as two of the best cities in the world for buying a home.

The website refers to the predictions ..........