Brazil – the new property and travel star

ADIT Brasil, the government-funded association for inward investment in real estate and tourism says that the eyes of the world will now be on Brazil, the next host of the FIFA World Cup Tournament.

President Lula launched the ‘Brazil is Calling You!’ campaign recently. The aim of this campaign is to attract tourists to the country in advance of the 2014 World Cup. It is hoped that the promotion will reach 100 countries and 400 million people worldwide.

Some $30 million will be invested into the campaign by the end of 2010, through advertising, public relations activities, the distribution of promotional material in the 12 host cities of the 2014 World Cup, social media activities, mobile phone applications and promotional events in around 30 countries.

Felipe Cavalcante, ADIT Brasil’s President, says: “The 2014 World Cup will be a great opportunity for Brazil to showcase itself to the world. Investment into the country from foreign companies is encouraged to supplement the $50 billion to be spent on preparing the 12 host cities.”

For more information, go on-line: www.aditnordeste.org.br

UK buyers send £30.1 million to Brazil for Real Estate in 2009

The beach by Tambaba Country Club

The holiday homes market for UK buyers is beginning to boom in Brazil.  The Central Bank of Brazil has recorded £30.1 million of personal money from the UK arriving in Brazil for property-related purposes. In 2004, just £4m was sent to Brazil from the UK for the same reason.

Now a new foreign exchange service is helping to revolutionise the way foreigners can send money to Brazil. Moneycorp says it has completed hundreds of transactions on behalf of customers since it launched its Brazilian Real Service in September 2009 and since 1 January 2010, enquiries about Brazilian real estate have increased 40% on 2009.

The Moneycorp Brazilian Real Service cuts through Brazilian Bureaucracy, guarantees a fixed exchange rate, significantly speeds up the process, guarantees a delivery date and keeps costs low.

The success of the service is Moneycorp’s unique partnering with one of Brazil’s most reputable Banks. Banco Rendimento fixes the Brazilian Real rate of exchange throughout the transaction so that clients know exactly how many Reals will be delivered. It also reduces the time between transfer and receipt of funds, while guaranteeing that each trade will be registered with the Central Bank to facilitate the future repatriation of funds.

The partnership with Banco Rendimento means it is easy for Britons to open a local bank account. Rental income, for example, can be received here in the local Real currency.

Vasilios Dimarakis, Moneycorp’s head of overseas operations says: “The process for moving money into and out of Brazil is extremely bureaucratic, costly and time intensive, with UK investors and property developers losing out on an average of £5-£10,000.

A home at Pipa Hills

Moneycorp’s service speeds up the transfers and secures a guaranteed delivery date for peace of mind, and it’s helping clients to get the best deal possible when looking to invest in Brazil. This is a practical step that people can take to maximise the value of their investment and not waste their hard-earned cash.”

Brazil has been experiencing economic stability and growth and inflation is under control, which makes planning and developing projects possible without fluctuating values. In the northeast of the country alone, the most popular destination for UK buyers, foreign investments in the region in the next 10 years are predicted to reach R$ 20 billion. According to research by HVS Consulting & Valuation and Newmark Knight Frank, by 2014 more than 7,200 new units for second residences will be built – 480 of them aimed at the luxury leisure sector.

Go on-line at http://www.moneycorp.com/Individuals/CFX-Personal/Overseas-property/Country-guides/brazil/ for more information.

PROPERTIES

Land Plots – Tambaba, Brazil

The pool at Tambaba Country Club Resort

Tambaba Country Club Resort is an idyllic, 150 hectare tropical paradise located in north-east Brazil, 20 minutes south of the historic city of Joao Pessoa. Tambaba presents a time-limited opportunity to invest in premium land for sale in Brazil, one of the world’s fastest growing economies. Strategically positioned directly between two host cities for the 2014 Football World Cup (Natal and Recife) Tambaba will directly benefit from the high speed road infrastructure currently underway connecting both Recife and Natal with Joao Pessoa city, reducing the time from Natal and Recife International airports by over 30%.

Invest from only £3,600, with a cost from as little as £18,333 per plot. (148% ROI after 5 years).

Pipa Hills

The luxurious 3-bedroom villas of Pipa Hills are secluded and situated on Pipa Beach, a stunning beach town. In the middle of the exuberant Brazilian Atlantic Forest, Pipa Hills is located just 200 metres from the centre of Pipa and is in close proximity to Pipa’s pristine beach.

With luxury amenities that include a beautiful lagoon, swimming pools, bars and restaurants the area has much to offer and these completed properties come fully furnished and boast exotic gardens and landscaped areas.

Prices start from £146,000 and for more information contact Experience International on +44 (0)207 321 5858 or visit www.experience-international.com.