When looking to acquire a property, you should look for one with advantages from start to finish. And several factors such as location, infrastructure and values, come into play at the time of decision. Recently, it was reported that Balneário Camboriú has the most expensive square meter in Brazil, it is even considered Dubai Brazilian. Learn more about this subject below.
For you looking for a high standard property and also close to the beach, discover the ''Brazilian Dubai'' in Balneário Camboriú
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Exceeding the square meter values of Rio de Janeiro and São Paulo, the north coast city of Santa Catarina, Balneário Camboriú, is known as the ''Brazilian Dubai''. The square meter in the city is valued at R$ 11,447.00.
In addition, it became known for housing tall luxury buildings and the famous skyscrapers. The city should register an appreciation and, consequently, an increase in property values in the near future, mainly those that will be located on the promenade of Praia Central.
Due to the need to revitalize the local area after these works, prices should increase by around 30%. In total, more than R$ 330 million will be invested in repair works in the area.
For Bruno Cassola, specialist in the real estate market, once the entire project is completed, residents and tourists will have the feeling of being in a city with first world infrastructure.
However, the city has more works that will attract several investors. For the year 2023, the start of the drainage system project for dispersing rainwater in the city is scheduled. Various markets real estate, will also be interested in these new changes.
It is also worth mentioning that not everything is flowers. Recently, Balneário Camboriú had to deal with heavy rains. Therefore, several beaches are being considered inappropriate for bathing by the Institute of the Environment of Santa Catarina (IMA).