Buyers offered chance to invest in Brazil as country looks set to become one of world's leading economies
Brazil's economy is said to be the ninth largest in the world, accounting for over 40% of South America's total Gross Domestic Product (GDP). Manufacturing industries in Brazil are reported to be thriving, and the oil and gas discoveries, combined with the fact that Brazil is already the leading producer of ethanol on the planet, has catapulted the country to energy self-sufficiency.
Having successfully achieved an Investment Grade upgrade last year, Brazil is predicted to be among the economic leaders of the future. Brazil property development specialists, Green Land Securities, are currently offering buyers the chance to buy into the Brazilian property market from €12,000.
"There has never been a better time to invest in Brazil, which is why we're so pleased to be able to offer buyers the chance to potentially cash in on this emerging market by buying land at our Palma do Mar development," explains Rebecca Peacock, the marketing manager at Green Land Securities.
"Land has always been regarded as one of the safest and most reliable forms of investment. Returns on land are generally equal to or higher than returns on property but the entry level is much lower. By the time bricks and mortar are in place, the land-owner, the developer and the constructor have all enjoyed their share of the profit. Investment in land at the pre-building stage enables buyers to retain a larger slice of the cake, whether they choose to construct a home on their plot or simply enjoy the financial returns from selling their land on at a later date."
Palma do Mar is situated among the hills of Jacumã in the seaside village of Carapibus, just outside João Pessoa. Located on the eastern-most tip of South America, João Pessoa is the third oldest city in Brazil which has a cosmopolitan vibe, with shops, local markets and a selection of restaurants, bars and clubs. Its white sandy beaches, 7km² of forested parkland and low crime rate all add to João Pessoa's appeal.
"João Pessoa is in the state of Paraíba, which is projected to grow rapidly and offer the biggest returns in the coming years. Property prices are currently comparatively low in relation to the rest of north east Brazil and the area is becoming increasingly popular with the European and USA markets as well with the Brazilians themselves," says Ms. Peacock.
"With 25% capital growth on land expected for the next three years in Paraíba, all purchases at Palma do Mar will provide a healthy return."
The development is made up of nearly 500 villa plots priced from €12,000, with finance available. The land plots at Palma do Mar have planning consent for the development of detached villas, so if buyers wish to have a home built on their plot, as the developer, Green Land Securities can instigate this. The company offers a selection of preapproved, bespoke villa designs to choose from, and will then project-manage the construction of the villa.
"Taking advantage of the villa package will not only enable buyers to further capitalise on the investment potential of their villa plot, but will also provide a luxury property to be enjoyed either as a holiday home or which can be rented out to generate excellent rental yields," explains Ms. Peacock.
"Indeed, Palma do Mar is situated just 15 minutes from João Pessoa international airport and the international airports of Natal and Recife are also just a short drive away, so the potential to tap into the rental market is huge."
Palma do Mar is located in the heart of the exclusive Resort do Mar development, which encompasses Oasis do Mar Villas, Palma do Mar and Jardim do Mar. The huge resort covers 44 hectares. It comprises 306 luxury villas, nearly 600 villa plots, a 4-star hotel, an exclusive country club and a beach club which is only a short buggy ride away. On-site facilities will include shops, restaurants, bars, spa, golf academy, gym, swimming pools, tennis and squash courts, multi-sport courts, adventure playgrounds, kids club, auditorium and botanical gardens.
"Increasing demand from local and international developers, allied with local, regional and federal improvements to transport infrastructure, is leading to rising levels of demand from later-stage investors and holiday home buyers. These factors are all placing upward pressure on the value of land in this area of Paraíba," adds Ms. Peacock.
"Prices for villa plot development sites in some areas of north east Brazil have already increased by 50% in the last 12 months and show no sign of slowing down. Annual increases of 10% to 20%, based on comparative markets and current economic conditions, are certainly very achievable."
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© PropertyIndex.com 2009 All rights reserved | Last Updated: 13th March 2009
Information provided by Green Land Securities.
Green Land Securities is a leading property development and investment company specialising in substantial coastal resort schemes in Brazil. The firm´s philosophy is based on providing a competitive and affordable product suitable for investment or end use. The development team has over 30 years´ experience of residential and commercial property development in the UK, Ireland, Spain, Italy and Brazil, gained within a number of multinational companies, PLCs and investment funds. Green Land Securities has offices worldwide, located in João Pessoa, Brazil, and Málaga, Spain.
