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BRAZIL'S status as one of the hottest emerging markets in the world today remains high, according to leading property experts.
The country's real estate industry is one sector experiencing noteworthy growth; worth $17 billion in 2004, today it is estimated to be worth $34 billion according to the Brazilian Chamber of Construction Industry (CBIC).
Fuelling this growth is the demand for affordable housing from the domestic sector, and the rising number of international tourists visiting Brazil and requiring quality accommodation.
Steven Worboys, managing director of Brazil property experts, Experience International, said: "We have also seen a marked increase this year in the number of people looking to purchase in Brazil.
"More than one in 10 enquiries are for Brazil, more specifically the north east. There are many more opportunities coming to market now, however it is essential that buyers select the right property investment, those with the correct licenses, title deeds and planning permissions in place."
Purchasing land for development has also become an attractive investment option as it allows buyers to enter the market at a lucrative, early stage for maximum returns.
One such opportunity is the Tambaba Country Club Resort located near the historic city of Joao Pessoa in the north eastern state of Paraiba.
Covering some 150 hectares, the Tambaba Resort is based on the highly successful European Centre Parcs concept and features a wealth of on-site amenities including a water park, restaurants, sports facilities, nature trails and craft centres.
Already 40 per cent sold to Brazilian nationals, a limited number of 450sq/m land plots are available with an initial investment of around BD2,200 with all titles and planning permissions in place.
For more information contact Experience International on 0044 207 321 5858 or visit www.experience-international.co.uk
