(PRWEB) May 1, 2008
Often thought of as the world's carnival capital, Brazil's party is now continuing in the economic sector. Reports have shown that 2007 was a bumper year for the Brazilian economy, witnessing the greatest rise for 3 years to a growth of 5.4% GDP in a single year alone.
This rise has also highlighted certain areas of the Brazilian economy that are flying high, such as the agricultural industry that saw a rise of 5.3% in 2007 to make it the leading light in the country's economy. Industrial growth was not far behind, with a rise of 4.9% growth in this sector. These factors have meant that Brazil's economy is fast growing into one that is more buoyant, with levels of unemployment dropping and in turn wages increasing. Borrowing costs are also lowering, meaning foreign investment is more supported and much more of a viable option for many which in turn is having a positive effect on the overseas property investors considering Brazil properties.
All of this growth supports Goldman Sachs' 2003 'BRIC' theory which stated that Brazil (alongside Russia, India and China) may well jointly become the most dominant and thus powerful economies in the world by 2050. With substantial land coverage, 40% of the world's population, and an emerging political embrace of global capitalism, these powers, according to Goldman Sachs, are set to grow stronger year on year. With Guido Mantega, Brazil's Finance Minister, suggesting that 2008 could see an equally large growth in economic figures of more then 5%, it is looking like an excellent time to invest in the country.
Steve Worboys Managing Director of Experience International, experts in today's emerging markets agrees, "Brazil is fast becoming a property hotspot, with a great deal to offer the foreign investor. With excellent rental potential, very good infrastructure and the country soon to be home to the world's 5th largest airport. Brazil is a firm place for overseas property investment and can only grow in coming years." Experience International offers a range of Brazil investment property in North-Eastern Brazil, an area that is famous both for its natural beauty and hospitality as well as for being the safest region in the country. Offering excellent value for money and an average of 300 days of sunshine a year, this area is certainly one to consider."
The recently launched Natal Ocean Club is located just 25 minutes from Natal, the renowned 'City of the Sun' that has established itself as Brazil's leading beach tourism destination. Situated on the coast of Caraubas, blessed with explosive ocean views, rugged cliffs and 300m of pristine beach, The Natal Ocean Club is one of the most impressive resorts in the area.
This awe-inspiring five star retreat offers 2 bed, 2 bathroom apartments from £118,000 as well as 4 bed, 3 bathroom luxury villas from £688,000. With first class facilities including swimming pools and spas, restaurants and bars and 23 acres of tropical landscaped gardens, as well as 24-hour security in this gated community, this really is an exclusive resort that allows you to invigorate and rejuvenate and in experience International opinion is one of the main Brazil property hotspot.
For more information, contact Experience International on 0800 612 0901 or visit http://www.experience-international.com.