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Northeast Brazil, expanding but still native and charming

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The real estate market in most countries have been affected by recent years' economic crisis. But some countries have survived the crisis and even managed to expand and grow in these difficult times.
One of these countries is Brazil.

Under a blazing sun about 300 days a year, northeastern Brazil, the part of the samba-country with the most stabile climate.

For those people who have musclediseases, rheumatoid arthritis, and asthma and other respiratory diseases, northeastern Brazil, a good place to be providing a good quality of life for people affected by this.

The reason is multifaceted, but some comes from being located close to the equator, which are not producing the climatic changes with extreme cold and warm periods.
Here is the average temperature around 28 degrees Celsius all year round.
A little rain could however be in April-July, but it is still not alarming quantities and which clearly can be combined with a holiday in the so-called rainy season.

Also the fact that the Earth's lung, the Amazon, is geographically not so far away has its significance. This fact, together with the cool sea breeze coming in from the south Atlantic in the eastern tip of South America makes an unbeatable combination of clean air and wonderful climate.
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Can it be better you ask?
No, it's almost as one can agree that this is pure paradise. Whether you are here for health reasons or just to vacation and take advantage of what this society has to offer.

The region's capital city is Natal. Here are the Rio Potengi a significant landmark. It was here that the Portuguese stopped the Spanish army in the 1500s. In 1559 the town was established, and been a part of the Portuguese colonial rule.
It was cattle farming which was main industry in this region during the first centuries.
During World War 2 was Natal and Rio Grande do Norte known as the air base for U.S. forces who had their flightattacks to Africa.
During this period the city was therefore called "Trampoline two Victory". As a symbol of the city had an important function of the allied forces in the great War.

In recent years it has grown Natal as a tourist destination.
Until around 2000, was the most domestic tourism which was current. Brazilians from the southern part of this huge country went on vacation to this region due to climate.
The domestic tourism is increasingly strong currently.

But in addition, the European tourism has grown a lot. The Italians and the Portuguese were the first who came here.
They expanded and built apartment and resort here since the 90th century.
After the turn of the century there was also an increasing number of Scandinavian developers, with an emphasis on the Norwegians.
This grew particularly intense in the period 2002-2006.
In those years there were very strong economy among Norwegians, and this is reflected in high turnover in the property market.
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After this period, this part of the establishment have been characterized by economic crisis here in the Nordeste, which this part of Brazil called colloquially.
This has resulted, among other things, that more people invested in apartments and real estate as an investment in a growing market. Today has been sitting in with their properties.
Several private individuals bought both two, three, and four apartments. With the intention to sell these with a good profit later.

This has not turned to. For in line with deteriorating economic situation in Europe and the rest of the world. So went down foreign investments in Brazil.

Paradoxically, one has, in the same period, experienced an increase in consumption in Brazil.
This is of course because more money and wealth among people in a country with growing economy, and paid down foreign debt.
Brazil has almost unlimited resources, and is a new member in the oil sheik countries, with 25% of the planet's fresh water reservoir. Grows and grows, and nothing seems to stop in this country with its beautiful beaches and endless sunshine. http://en.wikipedia.org/wiki/Economy_of_Brazil

In a country where there is an unpretentious and relaxed atmosphere, it is convenient to make investments in the knowledge that political and religious unrest, natural disasters, is a nonexistent phenomenon.
The original charm is still intact in this part in Brazil. Where even
 in the big city daily experience to meet the farmer who is on the city tour by horse and cart.
When you travel around the northeast Brazil, you will discover that this part of the country does not have the same development and infrastructure as the country's southern regions.
This is partly because European immigrants settled in the south and brought with them their culture and economy there.
In the northern regions has traditionally and statistic been the more poor who has lived.
This has, together with the economic boom, been a change now. The middle class and the rich are growing rapidly in this part of Brazil.

But what about the Europeans who made large investments here in the 2000's?
A good question.
Things went very quickly at that time. It depends if there actually was good that it slowed up a bit, at least in the longer term.
Many builders were known locally as "big spenders" who did not care so much about what things cost. This spilled over to the local and they thought gringos was willing to pay anything.
This does not correspond with reality, as these developers did not give a representative picture of the general public.
Today it is a more sober approach to the real value of properties here.
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But you can see it lurking around the corner the boom is here.

In 2014 Brazil and Natal will host the football World Cup.
This will mean a sharp rise in investments in the area.
This means that those who sit on the property today, or make investments in the near future,
will make a good investment in long term.

Also, Olympic Summer Games in Rio in 2016 will have positive synergy for other parts of Brazil.
Also, Rio Grande do Norte will notice this.

In the past year has been sold apartments with a silly low price.
Down to 500 EUR / square meter have been sold apartments of good standard in the past year.
This tells nothing about the real value, it tells more about the desperate sellers.

For the buyer, of course, this is a great situation. And still buyer's market prevailing in this country where everything will grow in coming years.

There is a wealth of opportunities for those who want to buy right now. What is more important is to make a safe trade.
There are many wolves out there, and it's still a perception among some Brazilians that the gringos are willing to pay anything.

It is no longer the case!
But the market and opportunities in Rio Grande do Norte are many, very many.

What can one say other than this to buyers:
Run and buy!

Warm regards
/Senhor Randyalt

 

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