Brazils food water and energy are being ignored by overseas property investors as a real factor for buying real estate in BRAZIL. Industry expert Nicholas Marr states that the majority of real agents and property developers concentrate on the wrong reasons to buy into the Brazilin housing market.
Director of the Overseas Property portal Homesgofast.com Nicholas Marr “ I often read newsletters aimed at promoting Brazilian real estate to overseas property investors citing the 2014 FIFA World Cup and the 2016 Olympic games as reasons to invest in Brazil. This is great but real estate professional miss the most fundamental reason of all. Brazil has a great abundance of Water, food, and energy.”
Brazil’s offshore oil fields known as “pre-sal,” estimated at between 50 and 100 million barrels, put Brazil on a parity with Iraq and Iran, backseat only to Saudi Arabia. This is with just one field “Tupi,” in the Campos basin currently being explored to be brought on line within the next couple of years.
Brazil was already self sufficient as of 2006 prior to the discovery of these large new deposits, ranking 16th in the world. Added to Brazil´s existing reserves prior to the 2007 discovery of the Pre-Sal, Brazil vaults to the top 5 in the world behind Saudi Arabia, but neck and neck with Iraq and Iran.
Nicholas Marr ” Pre-Sal changes the game; the game being geopolitics of the coming years. Pre-Sal is disruptive this is what investors should be hearing about Brazil”
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