With just over a year to go before Brazil welcomes the next Olympic Games, the host city Rio de Janeiro continues to dominate the Brazilian property market rankings. Not only is Rio the most expensive city in Brazil to buy a property, it also tops the rental rate lists.
Statistics for the Ceará economy released last week show this state in northeast Brazil flying high above the rest of Brazil. The Ceará economic figures are particularly strong in the tourism sector where Ceará continues to make its mark as one of the top destinations for a holiday in Brazil.
The recent Brazilian Tourism Market held in Ceará confirmed the appeal of Northeast Brazil to both national and international buyers. The number of meetings and volume of business reached record levels with big interest in the region from international markets. In separate but equally significant negotiations, the Port of Pécem in Ceará reached a landmark agreement with the Italian port of La Spezia.
Visitor figures for the first quarter of 2015 underline Ceará’s status as an up-and-coming tourist destination. The 30 per cent increase in number of foreign visitors confirms Ceará and its capital Fortaleza is one of northeast Brazil’s top holiday spots. On the back of these promising statistics, state tourism officials are in advanced negotiations with cruise companies and airlines to further the expansion of tourism in Ceará.
With less than 500 days to go, Brazil and the Brazilians are ahead in the game for the Olympics in Rio de Janeiro next year. A recent inspection by Olympic federations praised the city’s preparations and forecast a very special event. Brazilians themselves have taken wholeheartedly to the Games and pre-ordered over 2 million tickets.
Statistics recently released by the Brazilian Ministry of Tourism pinpoint Fortaleza in the northeast of Brazil as one of the country’s most visited holiday destinations in 2014. Furthermore, the ‘City of the Sun’ ranked high on the list of preferred places for Easter holidays in Brazil with record figures for visitors and spending.
The state of Ceará and its capital Fortaleza remain firm Brazilian holiday favourites, ranking among the country’s top destinations. In addition, tourism in the state is booming with record visitor and spending figures.
Brazilian holiday lets are on the rise, particularly in regions offering stunning beaches and year-round dependable weather. One such location in Ceará in northeast Brazil where holiday rentals increased by 20 per cent in 2014.
On the back of the FIFA World Cup celebrated in Brazil last year, spending by foreigners in the country reached record levels. Brazil continues to attract increasing numbers of tourists and this year’s carnival season is expected to set new records.
Latest statistics for 2014 point to a stabilisation in the Brazilian property market. Growth in both house prices and launches are expected to be moderate this year in keeping with a mature market. Experts do, however, predict pockets of higher growth in 2015, particularly in the northeast of the country in areas such as Fortaleza.