Brazil is among the top destinations in South America and the world at large as it offers so many wonderful sights that people just cannot get enough of. More importantly, however, this country is also home to some of the hottest real estate properties especially in the area of Salvador, Bahia.
Offering the Best of Both Worlds
Upon closer examination, the local commerce in the city is in fact very busy, as there are modern shopping centres, restaurants, bars and many other attractions that would please anyone used to a city lifestyle.Those that have not been to this part of the world might very well think that it is just one of the many far-flung areas that no one would want to live in. The truth, however, is that Salvador, Bahia is a wonderful area where the breathtaking scenes of nature and the comforts of modern life meet perfectly in the middle, making Salvador real estate quite attractive.
One of the best reasons to purchase Salvador real estate for residential purposes is that it has a tropical climate. The year-round temperature hardly goes below 27 degrees Celsius, which is like having an eternal summer. However as a coastal city, situated on a peninsula, you can expect light breezes throughout the day and night, consequently air conditioning is not always necessary.
Underdeveloped Real Estate Market
Heavy Tourist Traffic
The real estate market in Salvador is definitely burgeoning, but it is far from being saturated. This presents excellent opportunities in terms of investment and/or real property development. Purchasing a property today would mean claiming a spot in a market that is bound to prosper in years to come.
Bahia happens to be one of the first places to embrace foreign tourism in Brazil and it continues to be one of the most preferred vacation spots. Europeans and Americans are among the most frequent visitors to Salvador and its neighbouring areas.
Affordable Construction Costs
Salvador real estate represents more than just a promising investment and monetary returns. It is in fact a door to a lifestyle in a wonderfully scenic and welcoming part of the World, which you can purchase at an affordable price.Those who want to build their dream vacation home do not necessarily have to burn through their savings due to low construction costs. The materials for building a structurally sound house are not nearly as costly as what one can expect in highly developed countries such as the United States. More importantly, construction permits and other such documents related to building a home or commercial establishments are easier to obtain.