Latest News
Chairman Talks at Brazilian Embassy
Seminar on real estate investment in Brazil
The seminar Property Market and Prospects for Real Estate Investment in Brazil took place at the Embassy of Brazil, 32 Green Street, London W1K 7AT, on Thursday 27 November 2008 from 9am to 1pm, followed by a networking lunch.
The aim of the event was to highlight current opportunities for potential investors, and to discuss legal and tax-related issues involved in buying property in Brazil.
Property prices in Brazil have been rising at around 20% per year, with the Northeast in particular enjoying a boom in investments both from international real estate agencies and tourism groups. With tourism forecast to expand in the Northeast, this growth is set to increase over the next 10 years.
In the current world economic crisis, the Brazilian real estate sector offers an excellent investment opportunity. Furthermore, it is worth mentioning that the Brazilian economy has enjoyed over 6% of GDP growth so far this year, and that the property sector registered spectacular growth in 2007: the total number of properties sold increased by 80%.
There were a series of presentations by experts in the field, each followed by a Q&A session. You can download the presentations by clicking on the links below.
Presentation by:
- Mr Luiz Henrique Fuhro Souto, Chairman of the Brazilian Association of Real Estate Market - ABMI
- Mr Felipe Calvacante, Chairman of the Association for Real Estate and Tourism Development in the Northeast of Brazil - ADIT Nordeste
- Mr Keith Punler, Chairmain of Kapital International Investment
- Mr Hermano Carvalho, Director of Inward Investment, Brazilian Ministry of Tourism
- Mr Nelson Germanos, Director of the Brazilian Real Estate Association - SECOVI
- Ms Vera Helena de Moraes Dantas, Partner, Noronha Advogados
Source: www.brazil.org.uk