Brazilian market confidence soars

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The Brazilian people are backing their country’s prospects of a swift return to global economic strength, according to a new survey.

The report from Boston Consulting Group found that 50% of Brazilians believe their country’s economy will improve in the next six months, while 45% believe it will improve within six to 12 months.

Miller Reis, sales director of award-winning property developer Ritz-G5, is one of those feeling positive about the country’s shorter-term prospects. He comments,

“Brazil has certainly experienced some challenges in the past couple of years, but we’re finding that from a business perspective there is still strong interest in Brazil and its products. Overseas investors are echoing the positivity that we’re hearing from within Brazil about the future prospects of the economy. It’s why they’re still keen to invest in real estate – and of course the fall of the real has helped with that as well. Brazil remains a keenly tempting prospect when it comes to property investments in the right locations.”

According to Ritz-G5, right now the most exciting area of Brazil is the stunning coastline of the northeast, around the lively city of Natal. As owners of more than 4,000 acres of prime beachfront land, the developer is certainly in a position to know which areas are attracting the highest levels of interest.

Their Palm Springs development has actually been so popular that an extension project has been launched at Dunas de Muriu. Sited just off the idyllic Muriu Beach, the stylish and contemporary apartments will offer luxurious living set against the sweeping curves of the surrounding sand dunes. Not only will residents benefit from their stylish apartments (of which there will be 250 in total), but they will also be able to enjoy stunning beach and ocean views and all of the tropical delights available at Palm Springs: natural springs, a swimming pool, a hot tub, a sauna and more.

With the summer Olympic and Paralympic Games rapidly approaching, Brazil is set for even more attention from the rest of the world as 2016 progresses. The games will undoubtedly serve to highlight the country’s natural beauty and thriving cities, as well as its potential as an investment prospect to those looking for real estate opportunities overseas.

All told, 2016 could be a surprisingly good year for the Brazilian economy.

For further details, contact the Ritz-G5 team on +44 207 183 7565 or visit www.ritz-g5.com.

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