Housetech Developments Endorses Minha Casa, Minha Vida Housing Programme

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Waseem Saddique, CEO of Brazilian based company Housetech Developments, gives his endorsement of the Minha Casa, Minha Vida housing project and encourages Brazil property investors to consider the programme as a route into the Brazilian Real Estate Market.

Waseem Saddique, Housetech Brazil
Not only can investors enjoy high returns from a business perspective, on a personal level there is a ‘feel good factor’ from knowing they have contributed to helping low-income families

Potential investors looking to break into the Brazilian Real Estate Market are being encouraged to consider social housing schemes as a viable route for Brazil property investment. Offering good returns and affordable purchase prices, social housing programmes in Brazil present a unique opportunity for property investors all over the world.

Waseem Saddique comments: “Minha Casa, Minha Vida is a social housing scheme that we at Housetech Developments strongly support. It is backed by the Brazilian Government, carries credibility, as well as creating work for Brazilian construction companies and providing homes for Brazilian people.”

The Minha Casa, Minha Vida scheme was launched in Brazil three years ago with the intention of constructing 1 million homes for low-income families in Brazil. It is set for completion in 2016, allowing plenty of time for investors to venture into the Brazilian Real Estate Market.”

Brazil property analysts have already acknowledged that this particular Government housing scheme has enjoyed plenty of private investment, delivering high returns over a short period of time. Waseem Saddique states: “Not only can investors enjoy high returns from a business perspective, on a personal level there is a ‘feel good factor’ from knowing they have contributed to helping low-income families.”

According to expert Brazil property analysts, one area where social housing schemes are having a profound impact is in Natal, situated in Brazil’s North-East region. At present Natal is witnessing extensive development as it prepares itself as one of the host cities for the upcoming 2014 FIFA World Cup.

Natal has a considerable shortage in terms of the number of houses available and demand; therefore, the need is great. The Minha Casa, Minha Vida scheme has had a significant impact in this area and has therefore attracted a substantial amount of interest from investors looking to invest in Brazilian property.

Considering an investment in a social housing scheme is fairly low risk as houses can be bought at incredibly low prices, with the potential to make money by renting them out or selling them on. Many areas that are undergoing extensive development also have the added attribute of offering some of the most idyllic locations in Brazil, increasing the attractiveness factor when it comes to investing.

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