Popularly known as Brazil's capital of happiness due to the easy outgoing nature of its people, Salvador is the oldest city in Brazil and the capital of the state of Bahia. It's also a city on the rise.
The Salvador area lies at the heart of the Bahia region in the North Eastern part of Brazil. Apart from being the oldest city in Brazil, Salvador city and the region in general boast the largest coastline in Brazil.
This presents a paradise for holiday seekers both locally and from overseas providing a huge boost for the region when it comes to the tourist industry.
The allure of Salvador and the Bahia region in general is not limited to the beaches and the people. Salvador is also popular for its music, great West African influenced cuisine, street carnivals, 17th Century architecture and a booming property market.
The Salvador Property Boom
The growth in popularity as a tourist destination over recent years, the population explosion and the flourishing Brazilian economy have triggered a property boom throughout Brazil.
The middle classes in Brazil are focusing on property investments, a global insignia of wealth. With a housing deficit estimated at 7 million, but 9 million Brazilian families determined to buy a house this year alone, Brazilian property promises a very strong investment.
Investors in Salvador are also speculating on this market and starting large new developments and local and foreign investors continue to enter the market in a bid to profit and ride the demand.
The upcoming World Cup and Olympic Games also promise strong investments in infrastructure across the country and Salvador as a host city is also benefiting from this.
The range of properties available in Salvador encompasses everything you would expect
houses, condos, apartments, commercial property, farms,
land and even
islands.
The Salvador Property Experts
However, the property market in Salvador and the wider Bahia region is extensive and the rules and regulations are unique and idiosyncratic. Investors looking to invest are encouraged to work with a local estate agent who is well versed in dealing with the local peculiarities in this respect.
A professional agent will assist with all aspects of finding, purchasing or even developing a property in the region.
There is no doubt that Salvador offers a wide range of attractions, whether you want to dance and tango with the locals or merely taste the mouth watering cuisines, Salvador has it all!
No wonder they say you haven't really been to Brazil if you haven't visited Salvador city!
Learn more about
property investment in Salvador.
Contact:
Visit Our Salvador Office
For all your property enquiries and general questions about Salvador, Bahia or Brazil please feel free to contact us at any time. We are available by phone and email 7 days a week.
For a rapid response by one of our Brazilian property experts please email us directly or call either our UK or Brazilian office on the numbers below:
UK: +44 (0)207 801 3107
Brazil: +55 (71) 3676-1402
Visit our Salvador Office:
IBBI Imobiliária Salvador Shopping, Q2 02, Caminho das Árvores, Salvador, CEP41820-910.7
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