Posts tagged ‘International Tourists’

Cairns Real Estate - Investment Properties With Potential

Real estate is a popular investment choice, for those with stored capital or disposable income. Investment properties offer many advantages, including tax breaks / benefits and high returns. However, before investing your money in property, it is important to have researched your location, purchasing options and economic situation.

The city of Cairns, located in beautiful Tropical North Queensland, Australia, is a popular place to invest in real estate. Bordered by two World Heritage sites, the Great Barrier Reef and Wet Tropics Rainforests, Cairns is visually attractive, has a relaxed tropical ambience for residents and attracts domestic and international tourists in their hundreds of thousands. It is the ideal place to invest in a holiday home or unit, which can be leased out at premium rates.

However, before you leap into the Cairns property market, let’s review the current state of play. Like anywhere else, property price fluctuations in Cairns are driven by supply and demand. High demand and low supply equals high prices and vice versa.

Geographically, Cairns is a coastal city bordered by rugged mountain ranges, which are protected against hillside development. Therefore, Cairns development opportunities are limited to a thin band of land that sits between the beach and the mountains. Couple this with the fact that Cairns and Tropical North Queensland is predicted to experience exponential population growth over the next two decades, increasing from its current level of around 158,000 to 210,000 by 2036 and you have a critical land supply issue. Hence, property demand will be high, leading to high returns for long term property investors.

In other ‘good news’ for Cairns property investors, the Tropical North Queensland region was hard hit by the Global Financial Crisis (GFC). Tourism, the region’s main money spinner, was down 15% in 2009. Indeed, the median house price for the Cairns region, as at the end of September 2009 was $355,000, down 5.3% from $375,000.

What does this mean for investors? It means the market is currently flat, but expected to rebound strongly in 2010 and future years, making this the perfect time to snap up a well priced Cairns investment property.

Another positive for Cairns property investors is the rental market, but you need to take a longer term view on this before seeing a return. The rental market in Cairns has suffered of late, with prices for houses and units in late 2009, down on results from the same time frame in 2008. This was due to a large amount of property coming into the market during that time.

However, the GFC also hit Cairns’ major property developers hard, with many of the city’s big players, like Hedley Constructions, CEC Group and CMC Cairns, suffering major financial losses, with two of those three going into liquidation or voluntary administration in 2009. As a result, construction on new properties has slowed substantially across Cairns and the region. This means that in the coming months and years, as the population grows, vacancy rates will shrink and rental prices will increase again.

In summation, Cairns and Tropical North Queensland has weathered the worst of its economic storm and is beginning the rebound process in 2010. At the moment, it is the buyers market and property prices are low. For investors willing to make a long term commitment to one of Australia’s top three tourist destinations and Queensland’s fastest growing population centers, high returns are sure to follow.

If you are considering investing in Cairns Real Estate, Cairns Investment Properties is a local Cairns Real Estate Agent offering excellent advice with a wide range of investment properties on its books.

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Brazil’s Florianopolis Island

Florianopolis, the capital city of the Brazilian state of Santa Catarina, is located on the gorgeous island of Santa Catarina, which is itself widely referred to as Florianopolis.

This exciting location has the best standard of living of any in Brazil, and the residents know how to enjoy themselves.

The island is famous for its long stretches of sugar-soft sandy beaches, excellent seafood and traditional Azorean hospitality. The tropical climate, exotic landscapes and incredibly relaxed way of life make the island a talked about favourite with holidaying Brazilians, but it is also becoming more and more popular with international tourists.

The majority the population lives on the northern end of the land mass. Although originally settled by the Portuguese who came from the Azores, the city has strong German and Italian influences.

In the peak tourist season, from December to February, the population of the city trebles and the beaches closest to the city centre, Canasvieiras, Jurure and Praia dos Ingleses, are packed with tanning bodies. But there are plenty of other attractions not far away.

To the east the lush green hills give way to the wide, sandy beaches of Galheta, Mole and Joaquina. Here the big, exciting waves attract surfers looking for that perfect ride. In the south-east of the island looking out into the Atlantic are the rugged, deserted beaches of Campeche, Armacao, Lagoinha do Leste and Naufragios, which can only be reached by walking track.

Ribeirao da Ilha, on the west side of the island, bears testament to Azorean immigration. The beautifully preserved Azorean and Portuguese fishing villages offer colourful architecture and friendly locals. The historic centre, in Frequesia, has a beautiful plaza with the Igreja Nossa Senhora, da Lapa do Ribeirao church, and an interesting Ethnological Museum. The area is accessible only via a narrow, winding and picturesque seaside road affording stunning views of Baia Sul and the lush hills of the mainland across the water body.

The Lagoa da Conceicao is a famous tourist attraction in the centre of the island. The large lagoon is partially surrounded by sand dunes and its shallow waters and high winds make it perfect for wind-surfing. Here are also some of the best eating places and nightlife on the island.

It doesn’t matter if your looking for holiday deals to Brazil, domestic flights within Australia, or you want to stay at home and consider Gold Coast Holidays, visit Escape Travel.

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