Sunday, January 29, 2012

Real Estate Property And System Investment Is On The Surge In Rio De Janeiro

By Pamela Souza


Rio de Janeiro is getting prepared to host two key functions in the next several years, the Soccer World Cup in 2014, and the Summer Olympic Games in 2016. To prepare for such quality events, the city demands well planned strategy of investment that stimulate the lasting development of Rio de Janeiro.

Hardworking plans are being formulated and important new investments are documented each day by the Brazilian media. There will be significant interventions in traffic organization, the hotel and apartment industry and the revitalization of abandoned urban regions. Their list is countless and comprises of new hotels, new transportation infrastructure, real estate enhancements, flats and apartment initiatives and new businesses, specifically in travel related and telecommunications.

Rio de Janeiro's critical public transportation troubles will also be coming to an end. New advancements contain expansion of the subway to Barra da Tijuca and construction of BRTs (Bus Rapid Transit).

Production of the Nr. 4 subway line has presently initiated. The 14 km stretch of line will go from Barra via Sao Conrado, Gavea, Leblon to Ipanema on through Copacabana. The state government hopes that Nr. 4 is going to be inaugurated previous to 2016 and should carry up to 240,000 persons everyday.

The hotel and apartment homes real-estate marketplace is additionally flourishing with new developments. Business tycoon Eike Batista is putting R$200 million (US$117 million) into renovating the Hotel Gloria. The BNDES (National Development Bank) is in addition investing greatly in the apartment hotel industry and is offering exceptional lines of credit to improve tourism in the city.

Rio's 6 million occupants are pleased with the city's make-over. Anyone who loves this magnificent city has wonderful desires and targets for Rio de Janeiro. Brazil's principal tourist destination, Rio de Janeiro (including Ipanema and Copacabana), is making preparations to greet the world with open arms. The whole planet will experience the vitality of this fantastic location.




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