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Five Reasons Why Joao Pessoa Is The Real Estate Investor’s Brazilian City Of Choice
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 offers year-round entertainment and cultural events. Through the peak summer months the main beach at Cabo Branco is alive with daily open air music concerts and throughout the rest of the year key landmarks throughout the city are given over to a non-stop calendar of sporting events, fashion shows and art exhibitions.
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.
Joao Pessoa will today officially announce the opening of its new international school in January 2010. The city has seen the number of foreign residents rise over the past few years and the international school will provide a welcome enhancement to their educational options. Initial reactions indicate that the new school is also likely to prove highly popular amongst the local population as the city opens up more and more to the international stage.
This piece 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, re-location and property marketing. Please visit Property Dreams Brazil for further information on investment property in Joao Pessoa.
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