My town of Genipabu in Natal,Brazil Investment opportunities in the property market

I bought a beach house in this beautiful little seaside resort 6 years ago.I had looked at only 2 properties prior to my visit to the village so it was definitely 3rd time lucky when I chanced on our future home,a 6 bed house with 1700m2 land parcel,30mts from an idyllic beach.Me and my then girlfriend took one look at the property and it`s surroundings and bought it on the spot!
We have lived here ever since and still love the area with it´s quiet,safe neighborhood,friendly community,calm ocean(I have just come back from a swim!)and quick access into the city of Natal.Access was significantly improved 2 years ago with the opening of a massive new bridge,linking Natal to the northern coastline and cutting journey time in half,down to 15minutes.Big things were expected for the resort in light of this development however one major issue was holding everything back....The whole resort was zoned by the federal environmental agency and an embargo was set on any new construction projects.This lasted for 4 years despite strong local objections and effectively stopped development in its tracks.Genipabu stagnated while other resorts continued to grow at a fast rate.

I am happy to say that the embargo was lifted 3 months ago.This has led to a surge in building applications and 4 new residential condominiums are to be built on the hillside of the resort.The population is set to triple over the coming 2-3 years as more people opt for living in a tropical environment with expansive ocean views,cleaner air and a short commute into the city.

Local investors are now clambering to get a piece of the action and land prices are rising sharply all be it from a very low base compared to prices over the bridge.

Natal city and southern beaches have been developing at an exponential rate over the past 5 years .The tendency now is for the city to expand northwards given the improved access,plentiful land and new international airport(to be completed by 2013 and only 20kms from Genipabu)

I welcome these developments and look forward to seeing this beautiful resort of Genipabu grow and prosper over the coming years.

Take a look at the following link on my website to get an overview of investment opportunities north of Natal;

http://www.brazbeachhouse.com/invest-in-natal


Mike Smith
Real Estate Professional in Brazil
License number;3125

Tel; NATAL,BRAZIL
Office ; 0055 84 3225 2108
Cellular; 0055 84 8807 5651
SKYPE ; mikebrazilbeachhouse

E-mail ; mike@brazbeachhouse.com
Website; http://www.brazbeachhouse.com/
Facebook; http://www.facebook.com/pages/Natal-Brazil/Brazil-Beach-House/126654720715275