Brazil Sees 18.8% Year-on-Year Growth in Tourism
With the 2014 World Cup and 2016 Olympics on the way, Brazil is urgently working to develop tourism infrastructure, including access, capacity, and quality of tourism centers. Brazil needs to build stadiums, improve transportation, and increase hotel capacity in and around major cities as well.
With many projects behind schedule, the Brazilian government needs to act quickly, and invest significant funds. Through the next five years, tourist centers can expect steady flow of capital, new roads, improved sanitation, reformed common areas, and new major hotel investments.
These improvements will provide additional momentum to a real estate market already in a strong bullish trend. Properties on and near beaches remain quite affordable as compared to the international market for similar real estate.
At MDMY Investment, Director Jamie MacDonald-Murray sees considerable activity near Brazil's most popular domestic tourism hub, Fortaleza. "In Ceará, we are seeing larger numbers of international tourists each year. Moreover, it is clear that Brazilians have more disposable income as well. They want more choices. On top of that, the World Cup and Olympics are providing a tremendous push on the government to get the country ready to host the world. I am very bullish on Brazil's tourism areas for the next five years."
MDMY Investment is a Brazil-based and operated Investment Company specializing in the Real Estate Development, Construction, Tourism, Security, and Environmental sectors. We offer overseas investors secure, high-yielding investment opportunities in several of Brazil’s fastest-growing business environments.
MDMY Investment S/A
Sala 1106, 1200 Av. Dom Luis,
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