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.
Fortaleza has been highlighted as one of the hot spots for a New Year’s Eve holiday in Brazil by the Brazilian Tourist Board. This reinforces the popularity of Fortaleza holidays among both foreigners and Brazilians themselves.
Recent awards for tourism in Brazil place Fortaleza at the top of the country for progress in competiveness. Fortaleza in the Northeast already stands out as one of the top places for a holiday in Brazil and this latest award reinforces its appeal.
Price rises for property in Fortaleza during Q3 this year were the second highest in the county and well above the inflation rate. Rental rates also rose in this Northeast Brazil capital where demand for property easily exceeds supply.
Ceará has come one step closer to its goal of becoming a hub for the Brazilian airline TAM. If successful in its bid, the economic benefits for Ceará will be huge. Some 35,000 jobs will be created and over R$9.9 billion injected into the state economy.
The market for holiday lets in Brazil is relatively young and it’s also one of the fastest-growing holiday options in the country. A recent survey points to Northeast Brazil as one of the best value self-catering locations. In addition, portals advertising bed and breakfast type accommodation in Brazil have seen huge increases in listings and bookings.
Foreign visitor figures to Ceará in the first six months of this year were the highest ever, consolidating the area’s reputation as one of the best places to holiday in Northeast Brazil. European holidaymakers dominate the figures while holiday lets continue their steady rise in popularity.
Three major investments have arrived at Pecem Port, near Fortaleza in Ceará, Northeast Brazil. Between them, they will create hundreds of new jobs in the area and boost the port’s position in the world ranking for logistics and cement production.
The economy in Ceará in northeast Brazil continues to move in the opposite direction to the rest of Brazil. In Ceará, the property market, car sales and the industrial sector are all growing while those in the country as a whole register negative numbers.
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.