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As part of PRODETUR, the government’s tourism expenditure program, Brazil’s infrastructure is improving, new bridges and roads are being laid, more and more flights are being scheduled, and as a result tourism is booming. Immense demand for high standard resorts from tour operators has pressured developers, tightened market supply and forced rack rates and property values skyward. Without doubt, the prices and rentals will keep going up in the coming decade. The economy of Brazil is, itself, thriving outside of tourism. (mobile phone, aircraft and car manufacturing companies.) and as a part/member of the BRIC (Brazil, Russia, India, China) nations, Brazil is predicted to be one of the global economic power-houses of the future. The Brazilian Government is spending $1. 8 billion in total on infrastructure for the benefit of tourism. Tourism is rocketing, figures show that the numbers of visitors have quadrupled over the past 5 years. Current cheap land and construction prices and increasing tourism are creating an environment of rampant capital appreciation. Natal is a city that is expected to flourish. Natal is located in Rio do Grande Norte, which, as described earlier, is a rapidly emerging hot spot for tourism in the near future. Natal is much nearer to mainland Europe and America than other regions and is thus a very attractive investment for British and American markets in terms of tourism and investments, unlike other Brazilian cities and regions. The area has many options for food, dining, culture, and flights, all inexpensive and plentiful. Natal has large sandy beaches and temperatures that soar into the 100s, with the nearby development of the future fourth largest airport in the world, also being planned and the government’s aim to bring in nearly 6 million tourists a year, it’s easy to see why the airlines are riding the bandwagon and offering package holidays and direct flights to this hotspot. It’s much cheaper in Natal, with it being nearly 3 times more expensive in the South! Natal is an excellent option for European and American vacationers, since it is closer to them in terms of location. Beautiful blue water, warm sea breezes and coconut palm trees that line the coast and are all over the city are some of what makes Natal famous. A newly constructed bridge now connects Natal City to the beach resorts in the north, making travel time less than 30 minutes.
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Chelsea is a intermittent author, writing infrequent columns on Brazil real estate for James Laurence, who specialise in properties in Natal, Rio Grande Do Norte.
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