Thu, 22 Nov 07
Added to that,
A large number of quality resorts and developments are currently under construction in and around the north east coast, more notably in
Growth acceleration package
However, in a bid to tackle the shortage, the governments ‘growth-acceleration package’ includes a housing and infrastructure investment of US $236 billion for the next four years. This demand has already elevated property and land prices considerably, and Brazilian officials have certainly welcomed the influx of foreigners choosing to holiday, live, or invest in
Rolf Hackbart, President of Incra comments, "Foreigners have fuelled a real-estate boom, buying farmland along
The Mayor of Luis Eduardo Magalhaes, Oziel Oliveira, recently highlighted that a number of foreign people have set up farms in the area, thus aiding an ever-increasing economic growth with produce and improving land values. He added that he was aiming to attract more foreign investment, the proceeds of which could go towards improving and expanding the region's transport network.
Mr Oliveira commented: "This was land that was practically all savannahs or grasslands which is now being occupied and has brought an economic benefit for us all."
For more information visit: http://www.obeliskinternational.com.
Back to: News Index