pipa beleza News

In the early 21st century off-plan was the doyen of overseas property purchases, high risk but equally high reward in a buoyant market. Today those rewards are diminishing and the risk is even higher. Off-plan is, in many cases, now off the agenda.

If you fly to Brazil at your own expense with the cash deposit for a house you’d expect the receiving estate agent to take you seriously. If they show you just two unsuitable developments and then leave for a BBQ you’re going to be a bit miffed.

“Brazil is emerging from the crisis and next year we are going to have surprising growth” President Lula da Silva said last month. Bold but accurate. In fact the OECD is predicting 4% economic growth for Brazil in 2010. What’s its secret?

Property developers across the gender divide have different priorities. Men focus on profit whilst women focus on kitchens – they could have a point. The all-female team at Natal’s Pipa Beleza sold-out over 80% of the resort in less than a year.

At development launch prime units sell fast to early birds and in the case of Pipa Beleza that meant the penthouses. There’s good news for those who didn’t catch the worm, two pents are back on the market, a symptom of precarious global finances.

Brazil's ‘less is more’ approach allowing the beaches, climate, cuisine and locals to speak for themselves is what attracted Richard and Nicola Hobday, both 38 from Surrey, to buy their first overseas property in this popular S. American nation.

The Brazilian property market is already riding the crest of a boom, but now even the currency is co-operating as the Real has weakened by over 8% against the dollar in the last month alone. This makes that beach property more affordable than ever.

The outlook for Brazil’s property market has been nothing but sunny for a few years now, but the news that the country has been named as the host nation for the 2014 FIFA World Cup will only serve to turn up the heat.