As one of the BRIC nations (along with Russia, India and China) – those expected to show substantial economic growth in the lead up to 2050 – Brazil has, in recent years, laid its focus on growing its tourism industry as a means for financial growth. An investment of $304 billion on infrastructure projects, a new airport opening in 2010 set to be the 4th largest in the world, and incredible investment in environmental and tourism bodies have all contributed to the ongoing success of Brazil as a top tourist destination.
As a measure of this success, the World Tourism Organisation has stated that during the decade of 1995 to 2005, tourism in Brazil grew three times above the global average, showing a growth of 170%. Not only this but the World Travel and Tourism Council (WTTC) has shown that in recent years, the country’s tourism prospects have continued to go from strength to strength, with 2008 finding Brazil rise to 13th in the world with regards to the revenue its tourism generates. With the investment in the tourism industry realising firm results for this South American country, the fifth largest in the world, Brazillian President Luiz Inácio Lula da Silva has recently been keen to confirm that this remains the focus for Brazil’s future economic growth, saying at the recent ninth Global Travel and Tourism Summit in Florianópolis.
We are not working in tourism as it is beautiful or it helps in the election. We intend to help the tourism industry as we see it as an extraordinary industry for cultural development and economic development”.
This continued development points to a bright future for Brazil, with the country’s Ministry of Tourism launching, amongst other projects, “Brazil Now” a scheme focussed on promoting lower taxes for tour operators flying into Brazil from both US and European destinations, proving that the focus remains on growing the numbers visiting the country as well as in turn the income this will generate for the already stable economy.
Brazil’s economy has been fortunate to be less affected by the global economic downturn than many other countries, with Brazilian Central Bank President Henrique Meirelles pointing to the forwardthinking of the government as reason for this.
There are signs that point to an economic recovery by 2010… Brazil’s government took timely measures to combat the crisis. Brazil’s economy is solid because of this effort.” This forwardthinking explains, therefore, the reason why recent figures released by the WTTC predict an average annual growth rate of 4.5% for the Brazilian economy from 2010 to 2019, showing that it is predicted that they will recover quickly and successfully from the downturn. And early figures for 2009 adhere to this, with the National Civil Aviation Agency (ANAC) confirming that April saw an increase of 3.5% in the numbers departing internationally from Brazilian airports compared to the same period in the previous year.
Not only are the coming years on track to yield the benefits of the Brazilian government’s commitment to continued investment in their tourist industry but with the FIFA World Cup also being held in Brazil in 2014, and set to attract over 500,000 visitors from overseas, rental opportunities will abound and those buying land and real estate in the country should reap the rewards.
The Lago Doce Hotel and Beach Resort is a great example of what is avalable in North East Brazil. Located only 1 hour from Fortaleza's International Airport, The Lago Doce Hotel and Beach Resort is the most interesting development in one of Brazil’s most up and coming investment hot spots.
This exclusive 5 star resort can truly claim to be ‘beach front’, located only meters away from the calm, blue ocean. The picturesque setting includes a beautiful lagoon to the rear of the development and sand dunes surrounding the resort creating an ambiance of a tropical paradise.
- Beach Front Development - Offering 100% freehold plots
- 2 - 3 Bed Villas - Constructed for less than $114,500 (including well sized plot and private swimming pool)
- Full Due Diligence - Land title verified by independent lawyers
- Realistic Rental Potential - Popular tourist hotspot for both local Brazilian and overseas tourist market.
- Outline Planning Consent - 5 star resort
- Several Exit Strategies - Tailored to your needs
- Inspection Visits - Experience this opportunity first hand - in safe hands
- Finance Available - Subject to status
The project covers around 80
acres and has an already completed infrastructure and facilities such as a
clubhouse, communal pool and tennis courts in the planning. Investors can
choose from a number of different investment opportunities: they can purchase a
plot of land and flip it in three years; purchase a plot and build a villa(s)
to sell in two years or to keep on as a longer-term investment.