Brazil attracts health tourists

The growth of medical tourism in Brazil, creating numerous opportunities for foreign investors, property, according to experts.

NuBricks said more and more people are now heading abroad in order to have medical procedures carried out at a reduced price. Web site believes that this could have implications for the Brazilian real estate market, because a larger number of specialists needed to carry out these procedures.

As a result, there is a need for affordable quality housing has increased, while the Government must also invest more money in public services. Web site wrote: "This creates some very lucrative property markets in some regions and caught the eye of numerous international property investors."

The website added that the authorities also to attract more business in Brazil property, which has further pushed the demand for real estate for sale in the country. This happened after company said the South American country continues to enjoy despite the high growth of current credit crunch.

Brazilian investments can be profitable

People who own property in Brazil property were assured about the country of investment prospects.

According to NuBricks, South America, the nation is likely to experience economic growth of about 4.8 percent this year.

This, despite the current financial problems at the international level, which was concerned about a possible global recession.

Commenting on the current state of the Brazilian market company officials "the party is still continuing."

The website said: "Brazil is a property abroad" hot spots "on the untapped potential, a country which continues to register on radar."

Company spokesperson added that the Government is supporting investment funds, infrastructure improvements in hot spots such as Natal.

This came after UK newspaper The Times said that Latin American countries are well positioned to address current problems in the world economy.

According to the newspaper, Brazil is a very safe investment option, since it is currently the economic growth and political stability.

Brazil's beaches are 'among the world's best'

Brazil, the beaches are "among the best in the world"

People considering purchase of property in Brazil property would be pleased to hear that the two countries are beaches included in the world top ten, according to the leading lifestyle magazine.

News that Rio de Janeiro in Copacabana and Ipanema beaches were named among the best in the world of beaches on Conde Nast Traveller can raise their profile and increase the number of tourists to Latin America.

The magazine described Copacabana beach, as a "metropolitan beach" and praised him as the fifth best beaches on the planet.

He continued that the beach stretches "along the 4.5 km from Rio de Janeiro in shoreline and is the ideal place to do some serious people watching while tanning."

The magazine praised Ipanema - number eight on its list - as "more stylish and chic [than Copacabana], attracting crowds of the richest urban areas."

Meanwhile, Times columnist wrote last week that rich Britons are moving in on the national coastline.

Brazil's property has never been better to buy

There has never been a better time to buy property in Brazil, said an investment consultant.

IN2 property investors said that with the real estate market in the traditional "hot spots" second home, like Spain, facing uncertainties, investors should look at real estate in Brazil.

The company statement said that new and experienced investors can take advantage of the country rapidly the number of visitors, with travel expenses to achieve astonishing ? 5 billion last year - more than 14 percent since 2006.

"Brazil is willing to pick up the hot sun and samba to give to their property portfolio.

"At lease yields from four to six per cent, while home price increases of up to 20 percent in some areas last year, the Brazilian property provides an excellent opportunity to see the kind of return on investment was in the Spanish market 20 years ago."

Meanwhile, a study published last month showed that two Brazilian property sites appear in the top ten most looked at TheMoveChannel on the website.

Brazil 'top medical tourist destination'

Brazil has been named one of the world's largest medical tourist attractions on investment publication.
Second only to Panama, Brazil property surpassed New York-Wire Investor list on the basis of quality and affordability of care, and receptivity to foreign investment.

The magazine said: "Brazil property has become a Mecca for the international cosmetics and plastic surgery.

"Its path to glory in medical tourism began with Ivo Pitanguy, the world-famous plastic surgeon, who opened the clinic in Rio de Janeiro more than 40 years ago."
After the U.S., Brazil plastic surgery-largest market in the world.

It also offers other types of medical tourism and publication said the country largest city, Sao Paulo, has some of the most-equipped hospitals.

Promoting the state in top tourist spot may be good news for those thinking of buying real estate in Brazil property, as medical tourists may need to rent accommodation during their stay.

Jim O'Neill of Goldman Sachs predicts Brazil property to become one of the most dominant economies in the future.

Brazil’s Property Market Gets a Massive Boost

In the Reuters Real Estate Summit in New York last month, Brazil's property market has a massive strengthening in the form of direct investment and sustained commitment by General Electric Real Estate is one of the world's largest and most diversified commercial real estate investors and a company that real estate investors around the world observe and learn.
GE Real Estate's timing is excellent, because they only purchase to the point where international commercial interest is to intensify investment in Brazil and what's more, their commitment will no doubt attract other investors now at the beginning of the examination of the Brazilian real estate market -- which means that when you ask when the time was on the market, it could be right now…
According to Joseph Parsons, president of North American equity at GE Real Estate, the company provides property in Brazil as "the New Mexico" - that is, a market in which they already have invested hundreds and hundreds of millions of dollars over the last ten Years and where to invest a further $ 400 million in industrial real estate…
Driving the diversification of GE Real Estate's property-investment approach in Brazil are undeniably positive fundamentals such as the fact that Brazil rapidly become a reliable nation with a stable economy in which international investors can rely on. The GDP target is a growth of over 4% this year and foreign direct investment commitment is constantly growing.
As we reported, in Amber Lamb in the past, the Brazilian government focuses heavily on its way, is the nation attractive for investment and to open up the framework for business to compete globally… as a consequence of the dynamics in Brazil are extremely positive and there is a growing prosperity and the creation of a much more significant middle class demographic - that is one of the main indicators that GE Real Estate is known for the search, when picking their real estate investment niche.
If you want to know from the big boys then certainly GE Real Estate is the company to watch - and how can we now see, they are only making a big splash on the Brazilian Real Estate Investment scene - so remember, you hear it here first!

Brazilian real-estate firms "inexpensive"

Brazilian property stocks have been recommended by a leading global financial institution, taking into account the purchase of real estate in Brazil may be pleased to hear that.

UBS AG dismissed recent concerns - that a possible rise in interest rates could slow demand for housing, saying they were "exaggerated" reports Bloomberg.

The investment company went on to say that Brazilian real estate companies are "cheap" after a sell-off in shares.

Analysts said that investors revenues, as excessive mortgage financing is not directly with Brazil 'selic "interest, and" dramatic improvements "to mortgage terms - such as the extension of its duration - offset higher rates.

Investors buying property in Brazil were advised to focus on the low-income housing market by analysts.

Brazil recently ranked one of the Morgan Stanley Capital International Global Emerging Markets Index, beat China to the world's largest growth market.

Property in Brazil is always in demand by international investors, with high yields when buying attracting a growing number of buyers.

Brazil's Lula pays homage to ex-slaves

ACCRA, Ghana (AFP) - Brazilian President Luiz Inacio Lula da Silva Sunday paid tribute to former West African slaves who bought their freedom in Brazil and returned home in the 19th Century.

"The families who left .. Bahia and came back to Ghana are a real model for us," said Lula, praising them as "people who were born slaves bought, but their freedom."

"They had everything to surrender, but never had the dream of living with dignity, peace and freedom," he said during a visit to Brazil House, a graceful two-storey building, back to the sea and it is now a monument to returning ex - slaves.

"That is his (Lula). This is one of his five projects for Ghana - the restoration of the birthplace of Tabon people," the Brazilian Ambassador to Ghana, Luis Fernando Serra, told AFP.

Tabon is the name given to the returnees in Ghana. Elsewhere on the West African coast, they were known as "agudas.

"The Tabon community is the oldest link between us in Brazil, the country that they left in the nineteenth century, and Ghana, the land that they have accepted," Lula said after the welcome by the elaborately dressed commander in chief of the Tabon , Azumah Nelson V.

The local community, from a dancer with waist-long dreadlocks, tattooed legs and white plastic sunglasses, staged a frenetic dance in Brazil in front of the house during the ceremony.

During the 19th Century, many Africans and their children free to leave Brazil, to return to West Africa. This increased after 1835 with the deportation of the large number of slaves who were involved in an attempted uprising in Bahia.

Those who came back were the elite among the slaves in Brazil - they were those who are healthy enough to survive in the harsh conditions that were necessary to attain freedom. She spoke fluent Portuguese and understand the day-to-day with a plantation.

And ironically, when they return to West Africa, according to research by the Rio de Janeiro-Universidad Federal Fluminense, allied themselves with the Brazilian traders were on the coast and in the slave trade.

It was during a visit to Ghana in 2005 approved that Lula turning Brazil into a memorial house.

Recently, the building was, in Jamestown, a low rent of Accra, has been renovated and with the financial support of two Brazilian companies and turned into a memorial-cum-museum.

Lula said he hoped that the restoration would help in the rehabilitation of Jamestown district, an area in which everything takes place in the street - from film screenings to the meals and haircuts.

Rocks on the back of the house leads straight down to the beach. The view across the sea serves as a reminder how the slaves to the left and came back home.

Brazilian economy strong, says finance minister

Brazilian finance minister Guido Mantega announced yesterday that the South American country's economy is relatively strong.

Perhaps highlighting the potential of the nation as a property investment opportunity, Xinhua reports the government representative as saying the country is on "solid bases".

This comes in spite of the global credit shrinkage, which has been affecting other countries across the world since last summer.

In his speech, Mr Mantega referenced to Brazil's 195 billion USD (96.69 billion GBP) reserves and how there is currently "great trust" in the country's economy.

He also said that Brazil property has been "guarded" from events that have hit other countries.

"All analysts are unanimous in saying that Brazil is a place where things are going well, where companies and banks are solid," the minister is reported as saying.

The Latin Business Chronicle reported this week that real estate in Brazil has shown positive growth over the last seven years, buoyed by a strong economy.

In Rio de Janeiro, Brazil, built a huge Ferris wheel height of 36 meters

In Rio de Janeiro, on the shores of Guanabara Bay built a huge Ferris wheel of 36 meters in height.

The wheel is one of the largest in the country, with the help of local residents and tourists can now enjoy a panorama of the city with a bird's eye view.

An installation of entertainment lasted two weeks.

Brazil had started preparations for the soccer World Cup, which will take place in 18 cities throughout the country

Despite the fact that prior to the drawing Cup world cup is still 6 years old, in Brazil property began extensive preparations to one of the most important events in the world of sports. Thus, the biggest stadium of Rio de Janeiro property, which is the residence of the four countries most famous football clubs already closed for repairs prior to the museum in 2014, however, the history of soccer in the territory of the stadium, continues to receive guests. The most precious exhibits here and feel the ball grid, rented from the gate after the Pele scored their anniversary 1000-th goal, and boots, which played Garrincha.

In addition to football glory leader, and Brazil property have known its incredible hospitality and benevolence towards foreign tourists. This can be fully felt, hitting the city of Belo Horizonte, where you will find more than 12000 cafes, bars and restaurants. Incidentally, the local stadium is preparing to receive one of the stages World Cup.

In total, Brazil property proposed for the 18 matches cities, which makes even more imminent event unique and exciting. Now, this is the biggest event in the world not only the largest but also on the territorial scope. As can be seen, Brazilians takes its role in the history of the football world with great seriousness, in an effort to support the reputation of the most loyal fans and the best players.

Brazil is planning to build a "floating" hotels specifically to the FIFA World Cup

If Brazil becomes eligible for the Soccer World Cup in 2014, the football fans from all over the world will be able to stay in "floating" hotels, Brazilian officials have promised.

Since late last week, there is FIFA delegation, which will hold a meeting with the Brazilian Soccer Confederation, and will visit some cities candidate. The main topics of discussion will be transport, security and the possibility of deploying now because stadiums and transportation infrastructure had severely criticized.

The mayor of Sao Paulo, Brazil's property largest city, assures that the budget funds to improve local transport infrastructure will be available, even if FM-2014 will be held in another location.

It is anticipated that up to Morumbi Stadium fans would get on the subway. If so, can be reached by train to Santos (90 kilometres from Sao Paulo property), where the local moored at the port will be "floating" hotels.

The idea of floating hotels reached up to the north-east. In the states of Ceara, Rio Grande do Norte, Pernambuco and already have a network of such hotels. Now they are going to improve to meet the requirements of foreign tourists.

Sports Department believes that the "floating" and hotels may appear on Amazon property. In infrastructure will be invested 900 million reals (about 450 million dollars).

Total 18 Brazilian cities have offered their stadia for the World Cup. Fifa will visit five of them: Rio de Janeiro, Sao Paulo, Belo Horizonte, Brasilia and Porto Allegre.

Indeed, Brazil is the only candidate for the championship, which was rotational necessarily be held in South America, but, nonetheless, it still must be tested for compliance with the standards of FIFA. Venue FM-2014 will be officially announced on October 30, 2007.

Brazil boasts 23 of Latin America's top 50 companies

Brazil property boasts 23 of Latin America's 50 biggest companies, and four of the top ten are headquartered in the country, a study by consulting firm Economatica said Tuesday.

Total revenues of the 23 Brazilian property companies in the ranking equal to 299.5 billion U.S. dollars, up 39.6 per cent from the study held in 2006, according to Economatica.

The ranking also involves 16 Mexican companies (decrease from 19 in 2006), six Chilean companies and three Argentine companies.

In terms of revenue, the oil and gas sector was the major segment on the list, with a total worth of 131.5 billion dollars, followed by the telecommunications sector, with 87.8 billion dollars.

The three biggest Latin American companies in terms of revenue were Petrobras (oil and gas, Brazil), with 96.3 billion dollars; Vale (mining, Brazil property), with 36.56 billion dollars; and America Movil (telecom, Mexico), with 28.54 billion dollars.

The top ten also included Brazil's steel producer Gerdau, energy supplier Eletrobras, as well as Mexico's cement maker Cemex, retailer Wal Mart Mexico, beverage maker Femsa, oil and gas company Copec and telecommunications company Telmex.

Accor has developed its network of hotels in Brazil

The company Accor announced the signing of an agreement with Walter Torre (one of Brazil's largest investors in real estate) on the construction by 2010, 20 hotel Ibis and Formule 1 in Brazil.

The project worth 200 million euros involves the creation of about 5000 hotel rooms.

Accor is present in the Brazilian market since 1976 and is a leader in cost hotels. There are in Brazil 45 in 7000 Ibis hotel rooms now days. After the opening of the first hotel in Sao Paulo in 1999, Ibis started to open hotels in other cities in the country. Under the new accord, 13 Ibis hotels will appear in 10 cities in the country, but mainly in Rio de Janeiro, Brasilia and Sao Paulo.

In 2001, in Sao Paulo property, opened the first hotel on 300 Formule 1 rooms. Today, the network has 7 large hotel rooms for 2000. The new agreement will further 7 hotel brand, including in Porto Alegre.

Brazil discovers World's 3rd-largest oil and gas reserves

Brazil's state-owned Petrobras, BG Group and Repsol have discovered what could be the world's third-largest oil and gas reserves, Haroldo Lima, director of the National Oil and Gas Agency (ANP), which regulates the sector in the country, said on Monday.

The seminar, at Getulio Vargas Foundation in Rio de Janeiro, Lima stressed that the information was not released "officially" yet.

He added that, if confirmed, in the field, with an estimated volume of 33 billion barrels, in the deep waters in the Santos Basin, in south-eastern Brazil property, will be the world's largest oil and gas discoveries in the last 30 years.

According to the director of ANP, in the field, temporarily named "Sugar Loaf", in connection with the Rio landmark, will be five times greater than the Tupi, the giant field discovered in November 2007.

Tupi is known as the largest oil and gas reserve ever found in Brazil property, bearing an estimated volume of 5-8 billion barrels of light oil.

Petrobras' press office has not confirmed the discovery yet, but informed that the Sugar Loaf field is located in block BMS-9 of the Santos Basin, west of the BMS-11, where Tupi was discovered.

ANP added that the field could not be classified as an "exploitation field" because it has not been declared commercially useful. The first trace of the existence of oil and gas in the field, located in the pre-salt layer, was found in August 2007, but members of the consortium have not issued any prospects of its total volume so far.

The new field is also close to block BMS-24, where Petrobras voiced at the beginning of this year to have discovered Brazil's largest natural gas reserve, in the Jupiter field.

SCOR gets admitted status in Brazil

SCOR, based in Paris, said in a recent report he is going to add a victim, surety, aviation and marine reinsurance in its current victims optional, property treaty, agriculture and engineering reinsurance in Brazil property.

As part of its expansion in Latin America, the reinsurer also completing the formalities for SCOR Global USA life again Insurance Co to operate as an insurer admitted in Brazil.

Amazon Ghost Highway to Be Brought Back to Life

BR-319, a road blazed 35 years ago through the heart of the Amazon jungle and now impassable due to neglect, has sparked a new battle between environmentalists and the Brazilian property authorities, who have decided to rebuild it.

Officials defend economic integration in the central Amazon and in the south central part of Brazil, that will bring benefits to the local population. But environmentalists say reparations roads lead to further deforestation and new waves of migration towards the northern city of Manaos, which is already suffering from a serious urban problems and conflicts due to the increase in the surrounding lands.

The dispute was caused by the proposal to replace the highway to the railroad, which cost-effectiveness studies had been carried out and that will mean much less deforestation, according to Virgilio Viana, which outlines alternative as secretary of the environment and sustainable development in the northwestern state of Amazonas , a post he resigned March 3, the head of the Fund's sustainable Amazon.

In 885 - km road Porto Velho, capital of Rondonia state on the border with Bolivia, from Manaos, capital of Amazonas, the Brazilian property state with the most vast stretches of virgin jungle.

The restoration of road and should be completed by 2011, said the Ministry of Transport, whose chief, Alfredo Nascimento, Manaos was mayor from 1997 to 2004. The estimated cost is 700 million reals (about $ 400 million).

Railroad, in contrast, would cost three times as much, but would avoid the emission of gases responsible for climate change by reducing deforestation, which would allow Brazil property to receive abundant carbon credits on the international market, Viana told Tierramérica.
In deforestation projected as a result of rebuilt highway reaches 168000 square kilometers by 2050, an area comparable to the size of neighboring Uruguay, according to the study, the Brazilian team led by Britaldo Soares of the Federal University of Minas Gerais.

Brazil becomes number 1 market in EU among Latin American countries

According to a Latin Business Chronicle analysis of 2007 trade data from Eurostat, Brazil has replaced Mexico as the European Union's top market in Latin America. Meanwhile Latinamerica trade with the European Union continues to soar at faster rate than with the United States, the analysis shows.

"That's not surprising since the European economies keep growing, while the United States is slowing down," says Isaac Cohen, president of US-based consultancy Inverway and a former director of the Washington office of the United Nations Economic Commission for Latin America and the Caribbean (CEPAL).

EU trade with Latin America increased by 11.5% in 2007 to record of 160 billion euros equivalent to 245 billion US dollars. EU exports to Latin America top 71.4 billion euros, up 12.8%, while EU imports from Latin America grew by 10.5% to 88.6 billion euros.

That means Latin America trade with the EU is growing nearly twice as much as its trade with the United States, which only grew by 6.2% last year.

EU also continues to have a much smaller trade deficit with Latin America than the United States: last year it reached 17.3 billion euros (US$ 26.5 billion), up 1.7% from 2006. By comparison, the US deficit reached US$ 100.5 billion. However, the EU still lags the US in terms of total trade with Latin America.

Last year's EU trade with the region was less than half of U.S.-Latin America trade.

Sao Paulo considered a good investment option

Sao Paulo, the largest city in Brazil, good enough to become a country, is also ranked as one among the largest 50 in the world. The property market in Brazil is the main gearing force behind its foreign investment.

According to a report conducted by the Federation of Commerce in the State of Sao Paulo, honoring the rating of the city as the largest in South America, the report outlines the importance of the city of Sao Paulo throughout the world.

The Economic Advisor at Fecomercio, Julia Zimenes, said, "It is necessary to consider the difference between the countries. When a city with 11 million inhabitants in a developing country, is compared to a small country such as New Zealand, with smaller population (4 million) it appears more difficult. However, it is really to show the splendor of the city.

Making use of the GDP in dollars is a way of providing this grandeur empirically."

Brazil has evolved as a new real estate market for investors, and Sao Paulo, was not left behind. All through the region, there is a huge growth in value terms, except for the tourist market here. Beachfront properties remain in high demand, but on the housing markets in cities like Sao Paulo are still appreciated by foreign investors.

Brazilian real estate market is hard to surpass

An industry expert said that in the real estate market in Brazil, "it is difficult to surpass."

Jamie Strong property rights expert, speaking in the media about the emerging market of real estate in Brazil, said: "The one thing that would really help Brazil, where mortgages are available to foreigners. This will be a truly open market."

Jamie also appreciates the range of equipment available in Brazil, and the ease with which the property could be purchased in the Latin American nation.

President of the Association for the Brazil real estate and tourism development in the north-eastern Brazil (Adit), Felipe Cavalcanti shows impressive features of the country to potential investors. About 97 per cent of international tourists who visited Brazil back, and stresses at work that makes Adit in the direction of strengthening ties with the business community in the area. It also provides a "one-stop shop for foreign investors who can purchase properties to" share of the cost "in Brazil.

According to Felipe, the capital of the real estate in the north-eastern Brazil, is expected to pick up by 30 percent. Brazilian Institute of Tourism reported that tourism in Brazil is growing at a rate 7.2 per cent.

Brazil is one of the top five Latin American property markets

In addition to the advantages for attracting tourists with its sun and sand, Brazil also attracts tourists with its part of an active public policy. Brazil, as one of the top five Latin American properties worth investing as offers many opportunities for increased economic growth and the value of property. There are many advantages that Brazil offers to encourage such investment.

The Brazilian Government is strongly encouraging foreign investors to develop most underdeveloped and highly desired locations such as beach resorts in Brazil. Moreover, the surplus of housing in Brazil, pointing to the flourishing economy, property investments will be strong growth.

Investors are of the opinion that Brazilian real estate market has plenty to offer for all kinds of investors. There is a sure possibility of growth for the next five to seven years, according to The Economist magazine.

During the past several years, Brazilian citizens have seen a transformation taking place in terms of economy and credit markets. More number of people are in a position to acquire affordable housing. The Brazil properties are very valuable and desirable to the investors with several outstanding developments. Apart from this, the Brazil housing market has also received a support, with more number of people being qualified for credit.

According to The Economist, Brazil is a safe investment option, when it comes to property, heading forward into a global economy slowdown. International companies are investing millions of dollars in most areas, to help fund the growth in Brazil.

Brazil's strong economic programs improve local affordability and drive employment potential for Brazilian property

In recent statistics from the CIA World Factbook, the Brazilian property unemployment is around about 9%. Currently with the government target of action programmes, the figures much lower. The Government even more encouraging for the promotion of foreign investment and improving tourism numbers. It is expected to create more than a million new jobs in Brazil, reducing unemployment further.

This attention from the Brazil property state in order to attract investment, the expansion of tourism and reduce unemployment increase investor confidence in the Brazilian market, and its wealth and employment, so that there is a low but steady increase in demand for real estate by the local population. This is a positive sign for the long-term health of the Brazil property market, and it is a good fundamental that the investor should keep in mind.

Brazil's low cost of living draws huge demand from investors, expatriates, and tourists

Brazilian cost of living is comparatively 20 percent lower than that of UK, which means that British expatriates and tourists would find Brazil as a better deal for their pounds buy, than their own fatherland. This seems more appealing to investors who desire to buy in markets where people not only like to visit, but can also afford a vacation, or even prefer to live as a retiree.

Booming Economy of Brazil appears attractive to real estate investors

British Foreign and Commonwealth Office voiced that the Brazilian economy is the tenth largest in the world, with 'Real' as its currency. The gross domestic product of Brazil is R$ 2322 billion last year. The annual growth rate was 3.72% in 2007, with the rate of inflation averaging at nearly 3.1%, making the nation more economically stable and developing in a sustainable way.

The Economy of Brazil is strongly geared by industries such as mining, agriculture, petrochemicals, wood products, electronics, tourism and its trading partners on the worldwide front include major players such as the UK, America, France, China, Japan, Germany and Argentina. The strong and increasing economy and overall accepted economic stability in the global market, further ensures that the market remains an attractive option to property investors seeking long term commitment.

Brazil: a country to watch

Improving the economic stability of Brazil made it one of the most sought after place for investors who are seeking business opportunities in developing countries. Investment trends are turn-around funds are transferred from developed countries to emerging markets in Asia and South America.

In the case of Brazil, an important factor is the growth of the tourism market, which brings a steady flow of cash in the country. Local and foreign tourism, exports and other related businesses, as well as prudent fiscal policies have led to an improvement of its economic situation, which as of September 2007 increased by 5,2 percent. This difference creates a noticeable influx of top notches of investment packages especially in the field of real estate.

The cost of real estate in South America with Brazil gradually rise to the forefront. Projected revenue for the rental of a year seems to be about nine per cent a year. This forecast was still believes, as in 2008, based on studies made by economic experts. This is further strengthened with the influx of mutual funds from Europe to countries like Brazil.

The world economy may be in disturbances, but in developing countries like Brazil is sharply in the lead. It proved to be a prosperous economy and its great potential for investment. Out of the past are the days when investment opportunities can be found only in the First World. The focus is now on the markets of countries that are considered to be very promising in terms of investment opportunities, and in South America, all eyes in Brazil.

New "hot spots" of real estate will be where there are the budget airlines

"Budget" airlines will be one of the best indicators of where in the next few years will be "hot spots" of real estate.

Nevertheless, cheap air travel as such will not be enough to turn the economy growing any country to the main destination for tourists and investors in real estate.

According to Justin Figginsa from Rightmove Overseas real estate company, it is necessary to pay attention to the growth of tourism as well as for investments in infrastructure.

Euro-Med tourism ministers call for promotion of this sector

The first Euro-Med Ministerial Conference on Tourism (April 2-3), on Thursday called for a strengthening of the contribution of tourism in the Euromed partnership.

In the 39 participating ministers called for increased economic cooperation between Mediterranean countries, which stressed the importance of preventing and reducing the negative impacts of urbanization and sustainable use of land and Morocco property for the construction of tourism infrastructure.

They also stressed the importance of strengthening security in the region, where rising vulnerability of natural and man-made disasters can seriously affect economic development. "

The ministers agreed on the importance of strengthening the identification of Morocco property investment opportunities, as well as the promotion of joint ventures in the field of tourism, reaffirming the central role of the private sector in this area.

Stressing the importance of the adoption of common criteria for the classification of hotels in the Euro-Mediterranean region, they called for the continuation of negotiations to further liberalize air transport between the European Union (EU) as a tool for the development of tourism markets, in accordance with internationally recognised good practice.

Touching on the importance of Mediterranean partnership in the industry, Minister of Tourism of Morocco property, Mohamed Boussaid, requires a comprehensive regional approach Mediterranean with a view to establishing a genuine partnership in the tourism sector. He also stressed that the goal can be achieved through constructive dialogue and cooperation between countries of the region.

Echoing Mr. Boussaid, the European Commissioner responsible fisheries and Maritime Affairs Joe Borg, the EU expressed their determination to support the total investment of tourism in the Mediterranean region, in order to promote sustainable tourism development.

Tourism can play a role in creating jobs and developing the region's economy by encouraging private sector development and promotion of this sector, he concluded.

Morocco, Slovenia sign declaration to build Euro-Mediterranean University

Morocco and Slovenia singed, on Thursday, a joint declaration to set up a euro-Mediterranean university in Piran (Slovenia).

This declaration, signed by Moroccan property minister of education, Ahmed Akhchichine and Slovenian minister of economy, Andrej Vizjak, aims at contributing to better mutual understanding and reinforcing Moroccan-Slovenian relations.

The two countries expressed a property will to boost further cooperation and back the Slovenian initiative to set up this university, stressing that the latter is expected to play a central role within the current university network in the Mediterranean basin.

The University includes study programs focused on the current needs of Mediterranean tourism, and has all the assets to be a hub for students, researchers, and professors, and to inform Europe about the Arab culture and Arabic language.

This project also focuses on issues raised by the Barcelona process mainly to strengthen relations among the region's universities at the academic and research levels, and lays the bases for cooperation and exchange of expertise in those fields among the countries concerned by the process

Morocco in top ten destinations considered by foreign investors, Global Edge

Morocco has become one of the most appealing target to real estate promoters due to the major development projects set up since 2001, British "Global edge" said on Thursday.

The company, which offers counseling to international real estate investors, underlined that since 2001, Morocco property witnessed a huge leap in the field of tourism.

Since the launch of the Azur plan (aimed at the establishment of six new sea resorts in the country) and Vision 2010 (aimed at attracting ten million tourists by 2010), the major real estate and infrastructure projects have been launched, mainly expansion of airports, the implementation of the open policy Sky, the same source added, recalling that many low-cost airlines such as EasyJet and Rayanair decided to act in Morocco property.

Increased frequency in the direction of the fight against Morocco from many European countries have made a lot of the Moroccan cities of Casablanca, Fez and Marrakesh easier to reach for foreigners.

According to a survey made by the company in the most favorable places for people looking for secondary residence abroad, Morocco property included among the ten largest and considered the desired direction