In the report of the Knight Frank "Global price index in the first quarter of 2015," Latin America has become the world's second largest market with the highest growth in property prices. In the region of prices for the year to the first quarter of 2015 here grew by 5.1% – which is considerably higher than the world index Knight Frank in 0.3%. About this informs portal international Property Secrets.
Of all the countries in the region, especially Brazil stands out, caught in the Knight Frank ranking the 20th place, just one position below the United Kingdom. For the 12 months to the first quarter of 2015, property prices have increased here in impressive 5.4 per cent. The most positive growth was recorded in major cities across the country: in Sao Paolo growth of housing prices was 5.8%, and the cost of renting has increased by 1.4%, according to the Fipe Zap index. Such situation is typical for all large cities of Brazil: the cumulative growth of prices is about 20% per year, and since 2010 it amounts to 89.7 per cent. Property Secrets celebrates a new promising point on the map of Brazil: Natal, in the northeast of the country. Prices in exclusive areas of Natal have already reached $2135 and they are growing.
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