BRAZIL’S foreign property market has performed well recently despite the downturn, claim property industry experts.
Reasons include vast improvements on the country's roads, a growing international and domestic commercial flight market which has opened up many different areas of the country, and the fact that the number of Brazilians taking holidays inside their own country had also increased, which could open up new opportunities foreign investors. According to statistics published by the International Monetary Fund, Brazil will see economic growth of 3.5 per cent by the end of 2010.
The Brazilian property market is also set to benefit from new infrastructure being put in place for the 2014 World Cup finals which will again put the country in a prime position to attract overseas investors and overseas visitors.
Real estate developer Property Logic is currently offering selected partnership and investment opportunities at a five star “eco island” resort due to be developed in a sheltered bay off the northeastern coast of Brazil at the Island of Cajaíba.
Ilha de Cajaíba resort set in Baia de Todos os Santos in Salvador will include 2,000 holiday homes consisting of apartments, villas and boat houses, as well as nine five star hotels. Set in 1,100 hectares of nature reserve, the resort will be a car free zone and will feature an education centre, nature trail, mangrove protection centre and will offer guests educational courses and activities.
Other amenities include a golf course (27 holes) and clubhouse designed by Robert Trent Jones II, a marina, water sports and yacht club, diving school, football and tennis grounds, an equestrian centre plus shopping centres, restaurants, spas, a heliport, nature education centre and a mangrove trail.
Another Property Logic property Saidia, is to be officially opened by the King of Morocco in June. The Saidia resort includes a 1,200 bed tourist facility, a marina, a golf course, a medina, a shopping centre, and residential areas (villas and apartment buildings).
For more information contact www.property-logic.com.
