The pandemic has brought shifts in homeowner preferences for property in Fortaleza and as a result, there's strong pent-up demand, particularly at the high end of the market. This combined with the lowest interest rates on record augurs well for the rest of 2020.
As the state of CearĂ¡ and Northeast Brazil start to emerge from lockdown, analysts take a look at the prospects for the Fortaleza property market. They forecast a strong rest of the year on the back of high demand and the chronic shortage of homes. The lowest interest rates ever will also contribute to a busy market.