It seems that suddenly all eyes are on Brazil, it is the place to live and the place to invest in property. With so many areas to choose from, how do you make your selection? Here we look at five top reasons why you should choose Joao Pessoa in the North East.
With the 2014 Football World Cup hosted by Brazil, Joao Pessoa is positioned perfectly to provide the perfect holiday location with its first rate beaches, restaurants and laid back charm. With easy access to see some of the group matches in Natal and Recife, both only an hour away on the new motorway, Joao Pessoa is well positioned to benefit from the ‘World Cup’ effect!
Following protracted negotiations the city received permission in August for a major conference centre costing in excess of $50 million to be located in Cabo Branco, Joao Pessoas number one residential district and ideal investment location. The area has some of the best beaches in Paraba. This approval is expected to bring a boom in tourism to the area with the construction of many new hotels and resorts to accommodate the burgeoning number of visitors attending new cultural events and conferences. The knock-on effect will of course be a surge in real estate values, which is good news for the canny investors who already have Joao Pessoa on their radar.
Joao Pessoa has a lively cultural calendar and plays host to a high-profile event pretty much on a weekly basis. From street races music festivals to art exhibitions and literary gatherings, there is always something special to see or do.
North East Brazil has been on the radars of international investors for some time now and the area is booming. However, buyers need to choose their Brazilian investment location with care to ensure they dont buy into a high-rise bubble that is set to burst and this is why Joao Pessoa is receiving so much positive attention. Thanks to major economic expansion and migration from the colder southern cities, the domestic market is booming and there is a steady stream of buyers for new and resale properties. Couple this with one of the worlds best climates offering a year-round season and excellent rental returns, and it is no wonder that international investors are so keen to buy into Joao Pessoa real estate.
The imminent opening of its first international school is seen by many as the mark of Joao Pessoas coming of age. The new school, which opens in January and will teach a bilingual curriculum in English and Portuguese, has been established to service the Joao Pessoas increasing international community and to help its existing residents adapt and grow to meet the changing needs of a city in the throws of an economic transformation.
This article was written by Ginny Naish of Property Dreams Brazil, a real estate consultancy based in Joao Pessoa, North East Brazil. Property Dreams Brazil can provide consultancy with regard to investment property, land acquisition, re-location and property marketing. Please visit Property Dreams Brazil for more information on investment property in Joao Pessoa.
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