Real Estate Investing

Purchasing Real Estate in Brazil

Property in Bahia

Luis Mariano de Campos - Real Estate Agent - +55(71) 9989 7418 - imóveis.luismariano@gmail.com

It is with good reason that the shrewd property investor is looking toward Brazil as the conditions for real

estate investment have never been better. In the northeast of the country, Brazil’s state of Bahia and its

long coastline has become one of the most desirable tourist destinations in the world, known for its

romantic and magical ambience. While in the northeast of the country some properties have increased in

value by 100% over the last five years, rental incomes also look favourable in a country where there is

still an economy on the upswing. The cost of living is approximately 20% of that in Europe, combined with

a relaxed lifestyle and culture, exciting nightlife and the backdrop of an amazing climate.

Bahia is one of Brazil’s 26 states. Situated on the

northeast coast, it is the fourth most populous state and

the fifth largest in size. Bahia’s capital city is Salvador

(also known as Salvador da Bahia) and is located where

the Atlantic Ocean meets the bay of All Saints. Bahia is

the Portuguese word meaning ‘bay’ and this area was

first seen by European sailors on All Saints Day 1501.

Bahia is an area rich in history. Sugar was a main

product of the area during a period of time, but Bahia is

now the main producer and export area of cacao in

Brazil. This is also one of the richest states in mineral

production. All of these industries are represented in the

surrounding areas, with public buildings often having

some decoration representing an industry.

While Rio suggests elegance and sophistication, Bahia

tends to be at the other end of the spectrum. It is a heady

mix of ancient and modern, all with the resounding beat

of music in the background. The people here are happy,

relaxed, friendly and sociable. They clearly enjoy life and

so will you in this not to be missed area. This is a place

where people come to chill, socialise, eat, drink, dance,

surf and of course swim.

Salvador is a vibrant town which is attractively decorated

by its palm tree- lined white sandy beaches. These are

tropical idylls where you can meet new friends while you

soak in the sun.

For sight-seeing there is a really good bus service that

can take you little further a field. You can visit older

villages, a light house and also fishing villages where you

can really get a glimpse into the past. Take your chance

to learn a bit of the martial art capoeira on the beach and

you will also get the chance to enjoy impromptu concerts

as evening draws near. The cuisine here, as well as the

music derives from strong African links.

The architecture, buildings and home styles of Salvador

are a characteristic which can sometimes surprise

visitors. Much of the town was built when this was the

economic powerhouse of South America and many of the

buildings are splendid. Juxtaposed to this display of the

wealth of past times, is the landscape of often unpainted

clay brick houses. Irrespective of where they live, the

residents are outgoing and do not see ‘strangers’ but

simply ‘friends they haven’t met yet.’

Real Estate Investing

Purchasing Real Estate in Brazil

Property in Bahia

Luis Mariano de Campos - Real Estate Agent - +55(71) 9989 7418 - imóveis.luismariano@gmail.com

Getting There

Flights to Brazil are frequent and easily available. This is an eleven hour trip if you fly direct from one of the

major U.K. airports. Most major European cities have very good connections via Lisbon or Madrid, to a

number of Brazilian destinations. TAP-AirPortugal offers weekly flights from Lisbon to Salvador (direct),

with connections available from London Heathrow, Copenhagen, Stockholm, Amsterdam, Brussels,

Luxembourg, Paris Orly, Frankfurt, Munich, Zurich, Geneva, and Milan Malpensa. Air Europa

(www.aireuropa.com) has weekly direct non-stop flights from Madrid to Salvador with connection from

London (Gatwick). As of this writing, if departing from North America, American Airlines was the only

direct flight we could find from Miami to Salvador, an 8 hour and 10 minute trip. Other major US and

Canadian carriers (United, Delta, etc. ) fly from most major US cities in cooperation with Brazilian airline

TAM and will connect first in either Paulo or Rio de Janeiro.

The first colonial capital of Brazil, the city is one of the oldest in the country and in the New World. For a long time, it

was simply known as Bahia, and appears under that name (or as Salvador da Bahia, Salvador of Bahia so as to

differentiate it from other Brazilian cities of the same name) on many maps and books from before the mid-20th century.

Salvador is the third most populous Brazilian city, after São Paulo and Rio de Janeiro, and it is the ninth most populous

city in Latin America, after São Paulo, Mexico City, Buenos Aires, Lima, Bogotá, Rio de Janeiro, Santiago and Caracas.

The city of Salvador is notable in Brazil for its cuisine, music and architecture, and its metropolitan area is the wealthiest

in Brazil's Northeast, its poorest region. Over 80% of the population of metropolitan region of Salvador has Black African

ancestry and yet residential segregation by race in Salvador is comparable to major U.S. cities like New York and

Chicago. Although in Salvador it is not really a racial segregation, but an economic segregation, since black people with

high income have no problem living in "white people neighborhoods". Nonetheless, the African influence in many

cultural aspects of the city makes it the center of Afro-Brazilian culture and this reflects in turn a curious situation in

which African-associated cultural practices are celebrated, but Black Bahians due to their low income are apart from

most of the city life options. The historical center of Salvador, frequently called the Pelourinho, is renowned for its

Portuguese colonial architecture with historical monuments dating from the 17th through the 19th centuries and has

been declared a World Heritage Site by UNESCO in 1985.

Salvador is located on a small, roughly triangular peninsula that separates Todos os Santos Bay from the open waters

of the Atlantic Ocean. The bay, which gets its name from having been discovered on All Saints' Day forms a natural

harbor. Salvador is a major export port, lying at the heart of the Recôncavo Baiano, a rich agricultural and industrial

region encompassing the northern portion of coastal Bahia. The local terrain is diverse ranging from flat to rolling to hills

and low mountains.

Climate

Salvador da Bahia is a tropical city and the weather

tends to be glorious. There are seasonal variations and it

is important to be careful in the height of the summer but

you would have to go a long way indeed to find a place

with a more perfect climate. Winters are gentle and not

too cold, although just occasionally temperatures can dip

at night. It can be rainy or sometimes humid, but this is a

place where your soul is nourished by the weather

conditions with average temperatures in the winter of

22°C and a wonderful 35°C plus in the summer

Salvador da Bahia (lit. "Savior," historic name: São Salvador da Bahia de

Todos os Santos, in English: "Holy Savior of All Saints' Bay") is a city on

the northeast coast of Brazil and the capital of the Northeastern Brazilian

state of Bahia. Salvador is also known as Brazil's capital of happiness due

to its easygoing population and countless popular outdoor parties, including

its street carnival