Graca is a a prime residential area in Salvador on the Southern tip of the city, not far from the beach, in the region of Bahia, Brazil. It's resident are mainly middle to upper class.
The Graca region is one of the oldest in Salvador. The property market potential in Graca is very high because of tourism and the growing economy of Brazil as a whole. The region's over 1000 kilometres of growing infrastructure, long sandy beaches and the common and warm hospitality of its people make Brazil overall an attractive place to make a real estate investment.
There are quiet a few real estate agencies that can help you find your own piece of paradise in the area. These agencies usually handle the purchase and the sale process of a property, but they may also offer services such as property or rental management.
A professional agent will be aware of the legal issues related to purchasing real estate in Graca Salvador, as well as other factors that may need to be considered such as funding transfers. But before studying the property market and the various properties available, let's see why this area is so attractive.
The Attractions of Graca Salvador
The most obvious attraction in Salvador is the beach, attracting many local people and thousands of tourists throughout the year. It's located very close to the city centre, being very easy to access through public transport from different parts of the city.
Watching the sunset from the beach is another amazing experience to enjoy. The barracas will provide you a cold drink, and the food and beverage vendors will serve you with their amazing agua de coco and the delicious grilled cheese.
Another big attraction in Salvador is the Lighthouse, which is a prime spot for viewing the spectacular sunsets and sunrises all across the 'All Saints Bay'. Inside the lighthouse we can find an old museum filled with charts, maps and other historical artifacts.
All these come from the European ships that were transporting slaves and goods during the old colonial days. You can also admire the Forte de Santo Antônio da Barra, built in yearly 1534 for defending the capital city from the Dutch and the indigenous people.
Goethe Institut and the famous Mam Museu de Arte Moderna are two more important attractions in the Graca Salvador region, both of which are important for the city's tourism.
Graca Salvador- Property Market and Property Investment Potential
The real estate in Graca Salvador is extremely affordable compared to other major cities around the World. The
apartments in the region of Graca are the perfect choice for a summer base or a holiday rental property in this exotic country. Prices are affordable for the majority of people ranging from $100,000 to $500,000+.
The property market in Graca Salvador has a great investment potential and this is likely to remain the case in the short term.
The Graca region and Salvador overal really are a
land of opportunity for the real estate broker, having great property investment potential as they do. With the continued foreign investment, the local residential market, tourism and migration from other continents, the growth prospects for real estate in the Salvador region have become a reality.
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real estate in Graca Salvador now.
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