I'm sure Ralphj has a plethora of reasons because he lives there and is developing there, so he'd probably give you a more accurate view, even though it may be biased.
According to Infraero, there were 4 international arrivals last year - even if we assume they got that wrong and it was one hundred (or even one thousand) times more - it's not even a blip on the map with regards to the rest of the Northeast.
Domestic arrivals are around 700.000 which isn't bad but when we compare it to Natal, Salvador, Recife and Fortaleza, the flow of passengers through Aracaju (by plane at least) is less than half any of the other cities.
I'm sure that, like many locations in Brazil, the beaches are fantastic, the people are wonderful and the sun shines strong and bright. But I don't see what the exit strategy is. A good reason to invest is if you can find a product which reflects current situation (ie is much cheaper than product in RN, CE, PE or BA).
But lets see what Ralphj can tell us about the location as I've never been there and he lives there.
__________________
Yes, I work in Real Estate!
Have a nice day 
|