Obelisk International

While investment in property in Brazil was rewarding in 2010, the good news is that 2011 looks set to be even better.

9.1 million families plan to buy real estate in Brazil over the next 12 months. This is a huge increase since the Minha Casa Minha Vida programme was introduced in 2009.

Although the Brazilian property market is relatively young, it is maturing fast. One of the latest developments is the forthcoming official price index.

The attraction of investment in Brazil is undeniable. When so many developed markets present limited opportunities for investment, Brazil is exactly the opposite.

On the back of its resounding success in investments in the Brazilian Minha Casa Minha Vida programme, Obelisk is pleased to announce its next social housing project.

One of the world’s hottest destinations for investment, Brazil is also creating record numbers of jobs. Government figures point to 2.52 million jobs in 2010 with 3 million expected this year.

2010 was a great year for Brazilian real estate. 2011 promises more of the same on the back of the largest ever Brazil property transaction.

The market for Brazilian real estate is undoubtedly one of the hottest around. And it’s also one of the fastest evolving. With the advent of the social housing programme, the face of property in Brazil has totally changed.

Prospects for investment in construction materials in Brazil look very good at least until 2016. Industry experts are predicting annual sales of at least R$146.5 billion over the next five years.

After eight years under Lula, Brazil now has a new president. Like her predecessor, newly-elected President Dilma has pledged to continue investment in Brazil’s new middle classes.