Tuesday, 8 April 2008

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.

Monday, 7 April 2008

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.

Friday, 4 April 2008

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