2 weeks Left To Invest in Sao Paulo’s Booming City Centre

Sao Paulo, the 2nd biggest city in the world, responsible for 30% of Brazil’s GDP and accounting for 30% of its exports is an economic titan. The richest city in Brazil, it has a population of 20 million and is a bustling, atmospheric metropolis with a skyline of impressive architecture.

The Brazilian Powerhouse

Brazil’s economy, already ranked 9th in the world according to IMF and with a GDP growth rate of 5.4% last year, is set to eclipse the globe’s current richest countries by 2050. As the largest exporter of iron ore and soya, the 2nd largest exporter of frozen meat and grain, being self sufficient in oil and the world’s 2nd largest bio-fuel producer, Brazil does not rely on any one economy (particularly the US) and is thus protected from any global fluctuations.

With tourism soaring and predicted to continue to rise by 5.3% per year until 2017, Brazil is also likely to develop into one of the world’s hottest holiday and travel destinations drawing a constant stream of visitors. This will have a positive impact on the property market ensuring demand, especially for rental accommodation remains strong.

The property market here is unique in that high yields and high growth have been fuelled solely by local demand. Prices have been booming since 2006 and are expected to continue to increase over the next 5 years especially as mortgages become available to locals. Due to rapidly dropping interest rates, foreign investors are starting to enter the market, but with projects often being 75% sold out within 3 months of launch, time is of the essence.

Property Frontiers have a unique opportunity to offer international investors the chance to enter this storming market. Vision Campo Belo will be available for just 14 days through Property Frontiers before our property allocation is offered to back to local Sao Paulo residents.

Two payment structures are available for investors, the first enabling an initial cash outlay of only ~£24,000 followed by stage payments, the second offering a discount of over 20% off the indexed price for those paying 100% upfront. Studio, 1 and 2 bed serviced apartments with underground parking spaces are available from today until June 2nd 2008.

News submitted by Property Frontiers