Investing In Rio's Real Estate

By Author: Razvan Jr
Total Articles: 273
Comment this article

Many of you know that Rio de Janeiro City is the capital city of the Rio de Janeiro state. It is also the second largest city in all Brazil and constitutes the third largest metropolitan area in South America. Commonly known as Rio, the city is nicknamed as the marvelous city and also known as the Beta World city. You are probably wondering why it is a great idea to invest in this city, continue reading this article and you will find out:

a) In comparison with other major cities in the world, the prices of properties and lands in Rio de Janeiro are significantly lower;

b) Many business experts strongly affirm the fact that Rio has the possibility to become the international center of the world in the real estate domain;

c) A great solution for foreign investors because there are many exceptional investment opportunities in building apartments - especially on the beachside of Rio de Janeiro. Renting out apartments to the visiting tourists would yield great profits over the years and investors would get high value on their investment. Plus, we all know that Rio is a top choice for tourists;

d) The construction ...
... of real estate buildings for residence and commercial purposes requires employment of a skilled labor force. In Brazil, foreign investors would get highly skilled and educated labor at a very cheap rate;

e) As far as the overall economy of Brazil is concerned in the global market, it is showing strong signs of improvements;

f) The Brazilian government initiative to intensely promote tourism in the country is having a huge positive effect. The influx of tourism has increased over the last few years. As a consequence, there is a great opportunity for investing in providing accommodation facilities. Investors can invest in building luxurious beachside villas, golf course, spas, leisure centers, etc.

g) Last but certainly not least, the currency of Brazil is always stable so there are no risks.

We also need to mention the fact that the tourism industry in Rio de Janeiro is colossal as the city has plenty to offer to its tourists: beautiful mountains, exceptional beaches, incredible nightlife and so on. Let's not forget that Brazil will be the home of the 2014 World Cup, and Rio de Janeiro will host a couple of games. 2 years later, in 2016, the Olympics will be organized here which means that even more tourists will visit the city.

Rio is also a great location for investing in creative industries like in the fashion sector which is considered to be a leading industry that promises to bring good returns on significant investments. The city of Rio de Janeiro is also one of the leading producers of petroleum and gas products in the entire country. Rio contributes about 55% of Brazil's overall production. Rio City has a vast coastline and the majority of the petroleum comes from the shores. Though oil is extracted from the shores of Rio, there is still scope for exploring new oil reserves and thus it promises to be a very profitable sector for making investment.

As you can see from this small presentation, Rio de Janeiro has plenty to offer to those that are interested in investing into real estate. Great money earning opportunities await those who are willing to make an investment in this wonderful city.

About Author: Rio real estate services can be acquired by visiting the following web guide - www.riosecondhomes.com.