The Ceará property market registered high increases for sales and sales value in August for all types of new builds. The rises in sales of new second homes and villas were particularly high in year-on-year terms and reached triple figures in both cases.
Sales of property in Ceará went up by 78% in the year to July, indicating strong demand within the market. Mid to high-end properties were the most sought-after. The state also registered its third consecutive month of increases in mortgage loans auguring well for the market in the autumn and 2021.
There is more good news for Ceará. Not only aspects such as tourism or economy are improving. Unemployment in Ceará has decreased drastically over the last years.
Fortaleza will receive about R $ 1.5 billion in public investment. The main areas that the government aims to cover are Health, Education, Social Protection, Culture, Sport, Urbanization, Environment, Infrastructure, Transport and Mobility.
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