Why God Is Brazilian

Last month Brazil was celebrating the world’s biggest ever deep-water oil discovery. Predicted to quickly turn Brazil into a major oil exporter and player in world affairs, the knock-on effect for the property investment industry is to be massive.
By: uv10
 
Dec. 12, 2007 - PRLog -- Not only is Brazil blessed with some of the best beaches and purest air in the world, last month the whole country was celebrating the world’s biggest ever deep-water oil discovery.  This incredible treasure was found 250km offshore from Rio de Janeiro and has been dubbed ‘Tupi field’.  Predicted to quickly turn Brazil into a major oil exporter and big player in world affairs, the knock-on effect for the economy and property investment industry is set to be massive… No wonder people say “God is Brazilian”.

The discovery by state-run company, Petrobras, of up to 8-billion barrels of light crude oil in the Tupi fields is likely to raise Brazil’s oil reserves by 50%.  And now, just one month later, further reserves have been revealed in the northerly Campos and Espirito Santo basins off the South eastern coast.  The country is now poised to become one of the world’s most powerful emerging economic powers, alongside Russia, India and China.  The Senior Minister in charge of the cabinet, Dilma Rousseff, was quoted by The Associate Press as saying, “This has changed our reality. It will transform the nation to another level, with exporting capabilities like Venezuela, Arab nations and others.”

Petrobras’ Chief Executive , Sergio Gabrielli said that the Tupi field was “only part of a new frontier” for Brazilian oil exploration.  He predicted that the current fields and future finds could give Brazil the world’s eighth-largest oil reserves.  Bear Stearns analyst, Marc McCarthy estimates the value of Tupi alone at $25 to $60 billion, depending on international prices.

Peter Hakim, President of the inter-American Dialogue – a policy group in Washington which focuses on Latin America, commented  “All of a sudden Brazil is emerging as an energy power,” he said,  “Everything they have developed, from soya beans to sugar to oil is suddenly working.  They have had amazing luck!”

The New York Times recently reported that countries around the region had been quick to sense the potential benefits of a strong alliance with Brazil. With news of the discovery coming just ahead of a meeting of Latin American leaders in Santiago, Chile; President Luiz Inacio Lula da Silva acknowledged that during the meeting he was being “treated with a certain deference” by other leaders.

The magnitude of this discovery is already having an effect on the Brazilian population who is understandably euphoric.  The discovery of such a large quantity of oil is expected by many industry experts to have a positive effect on small businesses and on economic growth in general, with the most significant increase in prosperity being in the North East of the country as reported by the Brazilian national Statistics Institute (IBGE).  Furthermore, it is expected that property investors will be greatly encouraged to invest in here, as Brazil is without doubt a huge boom waiting to happen.

So, don’t miss out on this monster opportunity to strike while the iron is hot and invest in your own piece of heaven on earth. Brazil property experts uv10 (www.uv10.com) is promoting Domus Villas in the relaxed and stylish village of Pipa, Natal – widely considered to be the jewel in the crown of Brazil’s up-and-coming north east.  As uv10’s Sales & Marketing Director, Samantha Gore, commented, “In my opinion Domus Villas occupies possibly the best plot of land in the whole of Pipa, elevated with turquoise sea all around.”

Domus Villas are top quality, Italian-designed properties that occupy an enviable position at the very edge of Pipa’s famous Chapadao, with ocean on two sides and private access to the endless beaches.  The resort, which will remain 80% construction-free, comprises just 20 villas set around a 300 metre long lagoon style swimming pool with feature islands and bridges.  Fully furnished with fine South American hardwoods and with air conditioning throughout, the villas will be professionally managed, maintained and marketed as an upmarket boutique resort providing rental income in your absence.  

Purchasers can opt for several different styles of villa and prices start from 210,000 euros (151,000gbp) for a two bedroom villa and from 250,000 euros (180,000gbp) for a three bedroom villa.  With such low prices and rental potential increasing exponentially, you really can’t afford to hang about.  In this emerging new world order, Brazil really does appear to have it…oil!

For more information on Brazil property investment and to find out about uv10’s latest projects visit www.uv10.com or telephone 0845 643 1036.

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For further press information contact Vicky@purplecakefactory.com
Mobile: 00 44 (0)7812 247 947

Website: www.uv10.com
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Source:uv10
Email:Contact Author
Tags:Brazil, Investment, Property, Domus Villa, Uv10, Pipa, Natal
Industry:Property
Location:Spain
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