According to the World Tourism Organization, while global international tourism grew by nearly 5% in the first half of 2011, Latin American countries performed exceptionally well, with a 15% rise in tourism in H1 2011. According to the Ministry of Tourism, tourist arrivals in Brazil increased 18.8% year over year in the first half of 2011, reaching 4,351,081 tourists. buy apartment qatar
Brazil, considered to be a continent made for discovery, has enthralled travelers for at least 500 years with its powdery white sands, breathtaking natural beauty, and some of the world's most vibrant towns. Indeed, the data collected indicates that tourism is on the rise, with Business Monitor International (BMI) predicting a 21.5 percent increase in tourist arrivals to Brazil between now and 2015, generating about US$9 billion in tourist revenue.
Indeed, the hotel and aviation industries in Brazil have a promising future. The national hotel classification system improved in June this year, with The Brazilian System for the Qualification of Accommodation Options deciding to use one to five star ratings to identify each category of accommodation, allowing tourists to be more informed about the standard of accommodation available across the country.
Meanwhile, the increase in income and household wealth across Brazil has fueled regional growth in the aviation sector this year, with many households traveling more frequently. Furthermore, international flights to and from the country have increased, with flights to Fortaleza and Porto Alegre now open, and the merger of British Airways and Iberia at the start of the year, creating the International Airline Group, will help boost traffic to Brazil and boost tourism even more.
Of course, airlines and hoteliers can feel the benefits of increased tourist arrivals as Brazil hosts the 2014 FIFA World Cup and then the 2016 Olympic Games in Rio de Janeiro, attracting tourists from all over the world and helping to bring Brazil on the map as a great vacation and investment destination.
"Wow," says Ray Withers, Director of Property Frontiers, an international real estate agency that markets a variety of investment properties in Brazil "In Brazil, there has been a steady influx of investment, which will only increase when the Olympics and World Cup arrive. These events will encourage Brazil to improve modern infrastructure, which will provide a plethora of social and economic benefits as well as help the country become more prominent in the global arenas of tourism and real estate, factors that are attracting investors to investigate the returns available from Brazilian real estate."
With this in mind, demand for home ownership in Brazil is on the rise, with R$34 billion invested in residential property development across the country in recent years. However, supply continues to fall short of demand, with a 7 million housing deficit in Brazil, with several studies predicting a 20% increase in the country's population over the next ten years.
Property Frontiers has an excellent opportunity available in Natal to meet growing demand. The suburb of Capim Macio, one of the city's top four income-per-capita locations, is home to the new Golden Fields apartments, which are available from £59,200, 15 percent below market value with competitive staged payments.
The 2 bedroom apartments at Golden Fields give investors a 4 year 6% rental guarantee with up to 35 percent capital appreciation forecast upon completion in 2014, just in time for the 2014 FIFA World Cup, due to their near proximity to transportation, amenities, and Ponta Negra beach.