BRIC NATIONS PULL TOGETHER FOLLOWING CHINESE PREMIER’S FIRST OFFICIAL VISIT TO BRAZIL
Chinese Premier Li Keqiang conducted his first official visit to Latin America last month (May 2015). Trade, finance and investment deals were all high on the agenda, particularly during the Premier’s visit to Brazil, where he discussed an investment plan worth billions of dollars.
The plan is the latest in a growing series of links that demonstrates the two BRIC nations pulling together to ensure their bright economic future, with Brazil already crowned as China’s biggest trade partner thanks to imports of soy, oil and iron ore.
Transportation infrastructure formed a key part of the discussions, with both passenger jets and the railways serving as potential investment targets. Energy investment was also a priority.
But it is not just Brazil’s transportation system that Chinese investors are interested in, as Luiz Fernandes, CEO of expert Brazilian property firm Ritz-G5, explains,
“Chinese investors are increasingly interested in Brazilian real estate and in supporting the development of Brazil’s infrastructure through new projects, where new roads, sewerage, amenities and so forth are delivered alongside the accommodation offering.”
Ritz-G5 is an excellent example of this. The company already has a strong network of investors across Singapore, but recently it is Chinese buyers who have been keen to find out more about how they can make their money work for them through Brazilian property.
“There has been particular interest in our residential developments,” continues Fernandes. “China looks set to be the next big growth market so far as these kinds of Brazilian real estate projects are concerned.”
Palm Springs Natal, in north eastern Brazil, is a captivating and exclusive beachside condominium development, with lush surroundings and delightful ocean views and one such residential project. Natural springs, swimming pools, a spa and a hot tub add to the site’s charms. With the infrastructure complete, investors can begin building their dream villa or townhouse as soon as their purchase is complete.
Majestic Village is a highly sought after land plot condominium development, spread over 75 hectares in the up and coming residential area of Parnamirim, Natal. The condo neighbourhood will be sited in beautifully landscaped gardens, with central square and stunning feature river. Amenities will include a school, supermarket, kindergarten, clinics, swimming pools, tennis courts, volleyball courts, football pitches, children’s play area, gym and clubhouse.
Brazil’s recent recession appears to be a matter of fairly minimal concern to investors. Planning Minister Nelson Barbosa has expressed his confidence that the economy will recover during the second half of 2015 and the addition of a net 19,282 jobs in March (according to Labor Ministry data) is indicative that the country’s finances are once more moving in the right direction.
The $50 billion trans South America railway that China is currently discussing, which will cut out the use of the Panama Canal for transporting goods from the Atlantic coast of Brazil to the Pacific coast of Peru, from where they can be shipped to China, will add a significant boost to the Brazilian economy if it goes ahead. The move would no doubt spark even more Chinese interest in Brazil, with real estate expected to be a significant beneficiary.
For further details, contact the team on +44 207 183 7565 or visit www.ritz-g5.com.