Described by financial analysts and economists as one of the next major property boom locations, Brazil is buoyed by a strengthening economy. The country is self-sufficient in oil and other energy resources and is currently one of the major providers of iron-ore to China. This increase in economic prosperity has attracted its own increase in popularity amongst tourists and second homebuyers. Airlines are taking note of the rise in interest and there are an increased number of chartered flights as a result.
Manor Park Properties keeps a close eye on all land and home prices across Europe, Asia and the Americas, in particular focusing on those areas that have been identified as `up and coming`. We watch for trends and pattern changes and note that whilst land prices are still quite reasonable in Rio Grande do Norte in Brazil, they are on the rise, particularly in Praia do Cajueiro. They are also increasing noticeably in other parts of the state, in Ponta Negra, Pipa and Natal for example. These trends are set to continue, representing tremendous investment potential.