Thursday, October 11, 2007

Brazilian Real Estate The Talk of The Town

by Nicholas Marr

Overseas property investors have seen the potential of Brazilian real estate and savvy investors are in search of new areas in Brazil ripe for investment. One such area is Touros Brazil.

Brazil Property is the talk of the town with leading financiers ranking Brazil amongst the top 5 world economies by the year 2050. As one world largest countries, with a current population of over 180 million, Brazil s economic potential is enormous. The optimism is based on current availability of cheap labour and materials, coupled with undervalued real estate.

The village of Touros in the Brazilian state of Rio Grande do Norto is seeing some new development that will make it a prime location for international real estate investors. Located about 70 kilometers north of the city of Natal, this town is quickly becoming a destination for travelers and home buyers looking for pristine beachfront property in Brazil.

Touros is distinctive with clean and tidy the streets and a well kept town. Travelers call Touros 'the real Brazil' The town benefits from a Diving Centre, Aqua Park and Quad-Biking centres several Golf Courses currently under construction.The road from Natal to Touros is a straight road called the BR101, which runs from Touros down to Rio.

The weather in this part of the country is warm and dry. Rio Grande do Norto is located in the Southern Hemisphere, so the nicest months to be here are during the north's winter, which makes it an excellent choice for a holiday or second home. Even during the winter months of July and August, temperatures still average around 24ºC, which makes it plenty warm enough to enjoy.

Getting to this part of Brazil is fairly easy, and about to become even easier when a new airport opens. The current airport for Natal, August Severo International Airport, serves both domestic and international flights. There are direct flights here from several European cities, and connecting flights daily from major Brazilian cities. From the airport it is just about an hour's drive north to Touros.

The World Tourism Organisation (WTO) reports that Brazil received 5.4 million tourists in 2005, which was nearly a third of all the tourists visiting South America as a whole during that year. This generated US$3.9 billion in foreign currency exchange from tourists. By 2006, tourist figures in Brazil had reached an impressive 6.3 million. The WTO predict strong performance for travel and tourism demand in Brazil for 2007, growing at a rate of 7.2%.

All looks good for investors heading to buy property in Brazil

About the Author
Nicholas Marr is the CEO of Marr International Ltd the company behind property websites http://www.homesgofast.com and Brazilian property website at http://www.brazilian-homes.com/

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