Monday 12 December 2011

Brazilian Real Estate market sees rapid grown in 2011

Over 2010/2011 the Brazilian Real Estate market has rapidly grown. This is part and parcel with the status as a BRIC Bloc Country as all of the BRIC Countries have been rapidly growing.

Brazil has attracted foreign investors and developers and ex-pats for some time and now at ever growing rates. As the Baby Boomers throughout the West move into their retirement years; there will be ever more interest in Brazil. The traditional markets of the Mediterranean and the Southern United States will once again inflate with the growing demand of the Boomers; putting more pressure on Brazil and other markets..

The Minha Casa Minha Vida programme a Brazilian Government social housing program to encourage housing construction and reduce the deficit in good housing in Brazil has been a resounding success and elevated the standard of living for the middle class.

An expected 3 million housing units over the next two years are expected to be built and award winning developer EcoHouse Group based in the UK has been given licence by the Brazilian Banks and Officials to build 5000 of these homes with teh help of investors

No comments:

Post a Comment