Hi,
I am building a list of reasons why to invest in Natal at the moment and would love to hear peoples opinions. Please can you keep negative comments to yourselves as I am aware of them. Just looking for a list of positives here are a few examples:
Building biggest airport in SA
Weather
Clean air
Safe city compared to elsewhere in Brazil
New bridge
David Beckhams development
The new luxury resorts and golf resorts
Marina being constructed
Beautiful landscape
Relatively cheap comapred to other holiday destinations
Close to Europe and USA
........

It does have lovely beaches and the people are really nice,not to forget the beer!

Lets talk about the positives but keep them right - not building the biggest airport in SA, they are building an airport which is 4 times bigger than the one currently in operation and which has the capacity of then being extended to 3 times larger than that within 10 years and 3 times larger in phase 3 in 20 years +/-
If it makes it to phase 3 then it will be one of the largest airports in the world today (in 20 years).

__________________
Yes, I work for a Real Estate company doing market research and analysis but I'm not involved in sales.

Have a nice day

Ok, apologies, so much crap around its hard to extract whats good and whats not. There must be other reasons people can add?

close to Europe and USA?

Natal is on the "tip" of Northeast Brazil so it is both close to Europe and the US in comparison to other more southern states (further from US and EU) or more Eastern states (further from EU but closer to US)

__________________
Yes, I work for a Real Estate company doing market research and analysis but I'm not involved in sales.

Have a nice day

I believe Natal really needs a boost, and that may come with the free zone (ZPE). I have been out of this forum, so I don't know if someone post it, but it was approved. Nothing comes easy, so I have good and bad news, which one you want hear first? Louder, I cannot hear you, Huh? Ok, the bad one:
Firms locating in the free zones will be exempt from most taxes, but not the corporate income tax (the main one), not automatically at least. Firms will be required to apply to exemption with the Developments Banks of North and NE (SUDAM & SUDENE), and then, if approved, get it. I believe this was a trick to kick the ZPEs from South of Brazil (relatively rich part, where I’m from) from receiving the benefit, because there are no such banks in the South; speculation tough.
The good one: Firms can sell up to 20% of everything to the domestic market, even after receiving the tax exemptions; that is a good attractive for firms to locate in the ZPEs. Now is a matter of wait and see how they will justify the Corporate tax breaks with SUDAM and SUDENE.
P.S: most NorthEast states have ZPEs, but they are not working.

I got it...lough...anyway I would say that this is ehm a fact which does not really count.

I mean I am totally aware of maps and from europe,I would not suggest that Natal is close to europe...unfortunatly I do not really know much about he economy in SA,not yet, can you give me some figures? like growth,centres ad products?

Just curious - why wouldn't you count proximity? And it's "close" only if you compare it to Rio de Janeiro or Sao Paulo, Buenos Aires or Santiago de Chille. We are talking about Brazil though so for Brazil, it's "close".

Yes, I can give you all that in detail, down to what percentage of GDP is related to each product type and how the central bank of Brazil expects those products to perform under the current economic conditions. But I don't have time to post all of those at the moment as I'm snowed under with work.

__________________
Yes, I work for a Real Estate company doing market research and analysis but I'm not involved in sales.

Have a nice day

Why to invest in Natal

One could hope that the flights starting 22/12/08 Atlanta/ Fortaleza/Recife confirmed in yesterdays press and Deltas website $600 may one day stop off at Natals new big airport. i wonder why they did not choose Natal also anyone have any idea.

Natal has some nice beaches and i love the place for a vacation..