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In part thanks to PRODETUR, the national tourism expenditure program, infrastructure is improving in Brazil, with new bridges and roads being built, and as a result, tourism is flourishing. Immense tour operator demand for high standard resorts has put pressure on developers, squeezing market supply and forcing property values upwards and sending resort rack rates higher and higher. It is certain that in the future prices and rental fees will go up and up. The economy of Brazil is, itself, thriving outside of tourism. (mobile phone, aircraft and car manufacturing industries to name a few) and as one of the BRIC (Brazil, Russia, India, China) countries, it is foreseen that Brazil will be one of the up-and-coming global economic power-houses. 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. The factors that are attributed to the capital appreciation is due to the cheap land, construction prices and the increased tourism. Natal is a city that is expected to flourish. Natal resides in Rio do Grande Norte which as previously explained, is at the forefront of being an up and coming tourism hot spot in the coming years. 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. With a government backed plan to bring 6 million tourists to Natal in a single year, and the planning and development of what will be the fourth largest airport in the world, no wonder airlines are jumping on the opportunity to offer package holidays and direct flights to Natal's gorgeous large sandy beaches and tropical temperatures. The southern area is the most expensive, being three times as costly as Natal. Natal is a great choice for Europe and US holiday makers as it is nearer to them in terms of location. Natal is well known for its coconut palm trees, which are seen everywhere in the city and also line up the cost of blue water sea with soft sea breezes. A newly constructed bridge now connects Natal City to the beach resorts in the north, making travel time less than 30 minutes.
Chelsea is a intermittent columnist, writing occassional articles on Brazil property for james-laurence.com, who specialise in real estate Natal, Rio Grande Do Norte.
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