Brazilian Real Estate Index On The Way
Investment in Brazilian real estate has increased hugely over the last two years, a tendency expected to last at least for the next decade. Accompanying the massive property investment has been a rapid rise in the prices of property in Brazil.
Keen to increase transparency within the real estate market (and by extension, investment), Brazil's President Dilma Rousseff is promoting the imminent arrival of the Brazilian Property Price Index. The Index was first instigated by the Brazilian Central Bank and the Minister of Finance.
A Methodology for Brazilian Property
The Property Index will be used to compare prices for different types of property in Brazil, both residential and commercial, over periods of time. Experts believe the Index will allow the Brazilian property market to be monitored and help avoid potential bubbles and crashes in the future, suffered by so many other property investment destinations recently.
The Brazilian property situation is complex and varies widely from region to region. Although there's a countrywide shortage of real estate, Brazil's huge population and disparate income levels mean it's difficult for a methodology to compare like for like.
Government and Caixa experts have been analysing different property price indices around the world to find the best methodology for Brazil. Property indices used in Australia, New Zealand, Spain and the US are thought to be the ones that best reflect the reality of the Brazilian property market.
The First Stages
The first index of property prices in Brazil is currently being compiled by the Brazilian Statistical Institute (IBGE) and Caixa bank (the government-owned bank responsible for all financing of Minha Vida Minha Casa investment). Caixa has already mapped out prices in real estate sectors in the areas in Brazil where it provides mortgages.
The initial stages of the first index for real estate in Brazil will compare the values of properties in five capitals. Once the Index is up and running, it will feature the prices of houses and apartments across Brazil.
The Index's primary use will be for Brazilian real estate agents and investors as it will a fair assessment of property values. Caixa also plans to use the Index as a means of determining values for mortgages in Brazil.
For Obelisk International, the imminent implantation of the Brazilian Real Estate Index is undoubtedly good news. The Index will provide a very useful tool for investment in Brazil as well as allowing greater transparency in the market. Obelisk International also believes that the Index shows Brazil is moving towards maturity as a property investment destination.
About Obelisk International: Obelisk International offers select investment opportunities in Brazil in a range of sectors such as residential real estate, construction and social housing. Obelisk gives investors security, profitability and diversity thanks to a combination of close attention to our clients' investment requirements and high quality in-house research and analysis.
For more information on investment in Brazil and to find out about Obelisk International’s latest projects there, contact us on 0034 952 820 319. Via email: email@example.com or visit our website: www.obeliskinternational.com.
Apdo de Correos 977
Tel: +34 952 820 319
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Brazilian Real Estate Index On The Way here
News-ID: 164484 • Views: 1563
More Releases from Obelisk International
Brazilian Real Estate Soars Globally
Obelisk International News, Marbella, Spain, January 24 2012. On the back of strong economic growth and big demand drivers, Brazilian real estate ranks among global leaders for foreign investors. Brazilian property is placed as top emerging market for investment and second for capital appreciation. The 20th annual survey from the Association of Foreign Investors in Real Estate (AFIRE) finds that “globally, Brazil soars”. For survey respondents, investment in Brazilian real estate
The Power of Brazilian Investment
Obelisk International News, Marbella, January 17 2012. 2012 gets off to a flying start for investments in Brazil. The news that Brazil now ranks as the world’s sixth largest economy confirms the potential for Brazilian investment opportunities. Strong economic growth over the last two years has pushed Brazil up global rankings during 2010 and 2011. This coupled with a poor performance in many European countries means Brazil has overtaken the UK
Investors Descend on Brazilian Investment Opportunities
Obelisk International News, Marbella, Spain, November 14, 2011. Brazil has become a magnet for foreign investors in search of opportunities for investment. And the good news is that with its buoyant economy and booming consumer spending, Brazilian investments are here to stay. In their latest report on Brazil, Ernst & Young take a look at Brazil’s economy, politics and demographics. Based on these factors, ‘Viewpoint, Brazil in Focus’ predicts that the
Brazilian Investment Beats Crisis
Obelisk International News, Marbella, Spain, October 24 2011. With most of Europe in financial and economic straits, Brazil beckons as the place for investment opportunities. The country is well set to weather the global crisis and may even benefit from it, a huge plus for Brazilian investments. Based on Moody’s latest comments on the Brazilian economy, the Financial Times (FT) blog beyondbrics claims Brazil is the best place to beat the
More Releases for Brazil
Wine in Brazil
Latest Report on Wine in Brazil Similar to other alcoholic drinks, wine saw a total volume decline in 2016, with sales falling by 3%. Although this decline was slower than that seen in the previous year, of 4%, it is clear that the negative economic situation continued to affect consumers’ demand for wine. Since it is perceived by many as a non-essential product, other products and types of alcoholic drinks seemed
Alcoholic Drinks in Brazil
Latest Report on Alcoholic Drinks in Brazil Total volume sales of alcoholic drinks continued to decline in Brazil in both the on-trade and off-trade channels in 2016. Consumers had less available income; therefore were forced to make more rational decisions on what to purchase, taking into consideration their budget and the necessity of each product. For this reason, consumption frequency reduced considerably in almost all categories, and also a downgrade to
Brazil Juice Industry
Brazil Juice Industry Juice in Brazil was directly affected by the unstable economic situation and consumers’ shrinking disposable incomes. After registering a series of double-digit growth rates in off-trade volume terms earlier in the review period, the category registered a flat performance in 2015 and grew by just 2% in 2016. The two most important categories within juice in off-trade volume terms, nectars and juice drinks (up to 24% juice), faced
Brazil: Country Intelligence Report
Brazil: Country Intelligence Report Summary "Brazil: Country Intelligence Report", by GlobalData provides an executive-level overview of the telecommunications market in Brazil today, with detailed forecasts of key indicators up to 2021. Published annually, the report provides the detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband, and mobile, as well as a review of key regulatory trends. SAMPLE REPORT: https://www.reportsandmarkets.com/sample-request/brazil-country-intelligence-report-1613311 GlobalData
Packaged Water in Brazil
ReportsWorldwide has announced the addition of a new report title Packaged Water in Brazil to its growing collection of premium market research reports. Packaged Water in Brazil industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource
Airlines in Brazil 2017
ReportsWorldwide has announced the addition of a new report title Airlines in Brazil 2017 to its growing collection of premium market research reports. Airlines in Brazil industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource for top-line data