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Originally Posted by LisaUK
I'm not sure about large numbers of Europeans or Yanks visiting Brazil in the near future. I am pinning my hopes on the fact that the improving economic climate in Brazil will improve the fortunes of the Brazilian people. Once Brazilians have their basic living needs met then they may begin to holiday in places like Cumbuco. If a new middle class emerges they may even begin to purchase holiday homes thus pushing up prices. Good luck with the merangues!
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Hi Lisa
Fortaleza is Brazil's big holiday city. Brazilieros from the major conurbations of Rio, Sao Paulo and Curitiba flock there for its great nightlife, relaxed lifestyle and perfect climate. In the same way, Cumbuco is one of the most popular areas for the inhabitants of Fortaleza to build their holiday homes. Just look at the quality of homes at the Lagoa Banana and in and around Cumbuco.
Cumbuco is one of the best possible places to buy at the moment. It is quiet and peaceful, but Fortaleza is easy to get to for the high life and international airport. Development seems to me to be better regulated than than in and around Natal, with much more sympathy for the local environment and the area remains beautiful. Fortaleza is also a much more interesting city.
As Rob said in his post, the area has been popular for some time with Scandinavians and continental Europeans, and is now seeing an influx of British visitors. Its popularity is increasing fast and the potential for good rental returns is increasing.
The properties most in demand will be beachfront, although as you point out there is a premium to pay. They are not so easy to find now, but my company has some for sale off plan. Please contact me if you are interested.
Kind regards, Dick