Why invest in the Northeastern states of Brazil?
Worldwide property investors are now turning their attention to Brazil as it fast becomes a leader in the field of emerging markets. Returns on investment are considered to be excellent and investors are increasingly aware of the high growth potential that Brazil offers as a stable though fresh, new investment market. General Factors Predictions by leading financiers, Goldman Sachs, are ranking Brazil amongst the top 5 world economies by the year 2050. As one world’s largest countries, with a current population of over 180 million, Brazil’s economic potential is enormous. The current availability of cheap labor and materials, coupled with undervalued real estate, mean the conditions for growth are outstanding. Major investment is ongoing to improve Brazil’s infrastructure and create purpose built tourist facilities. Due to increased efforts by its government, Brazil experienced 48% growth in its tourism industry between 2002 and 2005, with further growth predicted in 2006. Growth is be
