The property market in Ceará in Northeast Brazil has always followed a slightly different track to the rest of Brazil. Property in Fortaleza, the capital, grew faster than the majority of Brazilian cities prior to 2016 and this year, property prices have continued to grow.
Brazilian tourism is enjoying one of its best years ever. After the successful Olympic Games in the summer, the country is experiencing a boom in visitor figures and spending. Government investment in infrastructure is paying off and everything points to an excellent 2016 for the sector.
Foreign investment in Ceará continues to pour in this year. The latest multinational drawn to the region by its strategic location is a Chinese-backed electrical company. This is the first of several planned investments and brings welcome capital and employment opportunities to the state.
The recent investment and expansion of Ceará free trade zone has attracted the attention of world experts. Pecem Port has just received one of the top accolades in the annual Global Free Zone awards. This combined with a significant uptick in handling at the port this year firmly places Pecem Port on the world map for trade.
When it comes to foreign investment, tourism and real estate, some regions of Brazil are moving faster than others. This is certainly the case in Ceará, Northeast Brazil, a state registering high volumes of investment and buoyant business tourism figures.
The installation of a large coconut processing plant is set to boost the local economy in Ceará. The plant will create thousands of jobs as well as push up demand for property in the area. This BRIC Group news article provides the full picture.
After an excellent start to the year, Ceará tourism continues on its upward trend. Record number of visitors arrived in the state during the Easter holidays and a new daily flight to Sao Paulo offers additional opportunities for tourists to access this part of Northeast Brazil, as this BRIC Group article explains.
The Ceará property market is moving from strength to strength. Not only has the sector matured and grown stronger, sales of new builds are reportedly brisk. As this latest BRIC Group news piece reports, property in Ceará is moving in the opposite direction to the rest of Brazil.
Certain beaches in Northeast Brazil are firmly established on the holiday radar, but others are only just being discovered. This is the case with a quartet of beaches in Trairi in Ceará, once a well-kept secret among a privileged few. But suddenly everyone is talking about them. This latest BRIC Group article explains why.
Buyer preferences for property in Fortaleza are changing. With better access to the city and growing affluence, buyers are moving away from apartments to houses. The desire for space, privacy and security has led many to turn their attention away from the city centre and look outside Fortaleza for property. This BRIC Group news piece explains why.