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Brazil cruises in to become a top year-round holiday destination

June 3, 2011Article by Ray Withers

Brazil’s potential to become a top year-round holiday destination could be further boosted by cruise tourism according to experts, as long as technical concerns around South America’s cruise tourism policy are overcome.
Speaking at South America’s first ever Seatrade Cruise Tourism Convention held in Sao Paolo this week, Pierfrancesco Vago, CEO of MSC Cruises stated:

“It is critical that dialogue be strengthened between the cruise sector, national regulators and decision makers to ensure the future of the continent as one of the fastest growing source markets for the industry.”
South America’s cruise industry has set new records during the last season with six cruise lines operating 20 vessels and carrying almost 800,000 guests. Abremar (the Brazilian Association of Maritime Cruises) also recently released an Economic Impact Study highlighting that the cruise sector is playing a significant part in Brazil’s economy, accounting for a total economic output of US $814 million during the 2010/11 cruise period.

Experts believe that addressing issues surrounding the clarity of rules and regulations, competitive incentives in the operation of passenger terminals and port infrastructure would significantly increase Brazil’s appeal as a cruise destination.

Ray Withers, Director of leading property investment agency, Property Frontiers who markets popular residential developments in Natal, the established cruise port in north east Brazil, comments,

“Tourism has and will play a significant role in the growth of the Brazilian economy. Over 5.1 million foreign nationals visited Brazil in 2010, an impressive 7.8% increase over 2009 figures and forecasts for 2011 are set to be even higher. Cruise tourism can be highly lucrative for port cities such as Natal and so any action undertaken to improve the industry is most welcome.”

A boost to Natal tourism would also prove positive for the city’s property market with demand for accommodation both from domestic and international tourists remaining strong. Residences such as Edificio Dr Geraldo Furtado, an exclusive development of splendid 2 and 3 bedroom apartments starting at just $57,650 with a guaranteed 4 year 6% NET yield are proving popular as is the luxurious Natal Ocean Club on the eastern side of Natal with designer beachfront villas and apartments set in 20 acres of tropical gardens from just $138,000.

Author

Ray Withers

Ray has over 17 years’ experience in the international property market and bought his own first international property investment back in 2002. Aside from running Property Frontiers, Ray has been involved in residential, hotel, student and commercial property investment and development in both the UK and overseas and co-wrote "Where to Buy Property Abroad - An Investor's Guide". As Founder and Trustee of the Frontiers Foundation, Ray is directly involved with many of its projects to ensure they have a direct and tangible impact in individual communities across the globe. He is passionate about property, travelling, scouting out new opportunities and finding time to spend with his young family.
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