Brazil, now firmly on the tourist map has had numerous tips to becoming the place to holiday and live in the years to come. As part of the infamous BRIC economies, Brazil is seen as a powerhouse for the future. The Amazon basin and all that goes with it are rarely out of the news, but when you are deemed the lungs of the earth it is hardly surprising.
On Sunday 31st of May 2009, Brazil celebrated winning the host country for the FIFA World Cup 2014 and all the publicity and tourism that it will bring. This World cup effect will keep Brazil in many peoples minds for many years to come. Natal and Recife in North East Brazil have been named as two of the host cities for the FIFA World Cup and so bringing a massive boost to those areas and beyond.
On top of this great sporting event Brazil did it again by its winning bid to host the 2016 Olympic Games. The IOC deemed it suitable and it will be the first time it has been hosted in South America. This football-mad society has a lot of infrastructure and planning to achieve over the next 6-7 years.
Brazil will now have to deliver on its proposals and meet the expectations of two very strict governing bodies. As such construction will play a massive part in getting ready for these two events. Apart from the stadiums and sporting arenas, accommodation for athletes and tourists will need to be built to cope with demand.
The property market in Brazil started attracting more foreigners in recent years and so there have been a succession of new development being built along the North East coast of Brazil to cope with demand. Many local Brazilians like to holiday on the beach, so developers have tapped into this market as well.
Many host cities of big sporting events in the past have seen real estate price increases due to demand and investors taking advantage of getting in early. Even though at present we still have global economic uncertainty it is forecast that Brazil's property prices will rise significantly over the next 10 years, which is hard to ignore if you are a medium term investor.
Land in Brazil is also a business that has been growing over the past few years. Brazil is not in short supply of good land that is not rainforest and so developers have been buying it up and selling it onto investors, so that they can build villas in the future and add value to their investment.
One such company has been marketing its new Coral Lake and Beach Resort for under a year and is offering plots of land for sale in the Flexeiras area 1 hour from Fortaleza in Ceara.
The development aims to be a sustainable development staying clear of the urban jungle developments further down the coast. It principals will encompass:
Beautiful landscaped gardens that will compliment the natural surroundings and blend in
Low density, low-rise villas and buildings
Rainwater/grey water harvesting and wind power utilisation will add to the sustainability of this development
The official Coral Lake and Beach Resort site. Also please find a video of the Coral Lake and Beach Resort on QIK here.
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