So, you’re in the tube riding happily on your way back to your flat, when suddenly you hear two people talking about how drab the weather in London can be, and how they wished they could go somewhere tropical. Then you can’t help but overhearing that you could purchase an idyllic home with a pool sitting on 10 acres of gorgeous land for £50,000 and maybe even under.
Of course, you’ll be flabbergasted, where in the world can you find such a steal? So you continue to eavesdrop, you hear the words Brazil, Bahia, and Salvador. In a trance, you get home and immediately look those places up on the internet.
Getting To Know Salvador
São Salvador da Baía de Todos os Santos, which means “Holy Savior of All Saints’ Bay” is a city situated on the northeast coast of the country Brazil. It is the capital of Bahia. Salvador da Bahia is the first and one of the oldest colonial capitals of the New World. After Rio de Janeiro and Sao Paolo, it is the third most populated but certainly the richest city in Brazil.
In 1502 Portuguese sailors stumbled upon a bay which they named Baia de Todos os Santos because it was All Saints Day, hence the name Salvador. Rio de Janeiro was not always the capital of Brazil. The capital of Brazil was originally Salvador until it was changed in 1763.From then until this day; Salvador is a major city port that is a rich industrial and agricultural region covering the entire northern part of Bahia’s coast.
The terrain is varied from stumpy mountains to rolling hills and flat lands. Its coastline is quite distinct, due to the fact that it progresses from white sandy beaches, to cliffs, to mangrove swamps and spotting of numerous islands. This type of environment fosters a rich ecological system which is probably why Salvador is rich in seafood.
Despite its warm and humid weather, Salvador does not have extreme temperatures, and the city itself is just slightly windy to drive the heat out, because trade winds blow from the Atlantic Ocean. Storms and hurricanes are also unknown even though Salvador is a tropical country.
Salvador is a great place for the British sun worshippers. Activities include surfing, underwater fishing, diving, sailing, and swimming. The beaches are so lovely, and they are encompassed with coral reefs which forms natural mini pools for children to swim and play in.
Salvador is multi-ethnic and has a diverse culture. This is evident in their culinary delights, dance, traditions and martial arts. This city’s staple is usually made up of rich and spicy seafood influenced by African flavors and spices. The martial arts, Capoeira calls Salvador home. Capoeira is a mixture of dance and hand to hand combat performed as if to the beats of the music being played.
Investment and Real Estate Wonder
Capoeira is well known through out the world, Just like Adriana Lima the Victoria secret model who was born in Salvador. What is not known is that, Britons may acquire a home in Brazil that could put David Beckham to shame. Annual residential values are currently growing at 20% each year. In a property market exhibit in Manchester, Salvador came out as the top Brazilian city destination of choice.
Bahia a north east coast state in Brazil is a 12 hour flight from London. Now, this may sound daunting, but the moment you step into Salvador and see the palm tree lined coast you will definitely exclaim heaven!
In the 16th century, slaves were brought in from Africa to work on Portuguese owned sugar plantations. That is why people in Salvador are usually African Brazilians. However, at present, Salvador is riddled with the allures of the multi ethnic diversity that comprises and defines the city. British citizens are lured by the prospect of inexpensive lands, low cost of living, a great climate and charming fishing hamlets.
Americans have not yet realized the potential of Salvador and Brazil itself. This is an advantage on its own, for the real estate market is ripe for the picking. Salvador have a lot of properties waiting to be discovered and bought, but the great thing is that should you have qualms you can always resell because there are a lot of people eager to get into the Salvador property market.
Salvador is being regarded as the last reasonably priced piece of paradise. Envisage yourself owning a 3 bedroom villa along the beach for just £45,000 or less and then you will really be able to say that this is life!
Salvador is an enchanting colonial city with beautiful beaches and wonderful people. The structural built of the city itself is remarkable, a mixture of the old and the new all stirred up together. Despite the old world feel Salvador has all the amenities you can find in England.
Houses that you have bought for £50,000 may be rented for £200 to £500 a week because Salvador is never lacking for tourists who love the comforts of a house, and the money they could save. If you don’t want a villa or a sprawling house with a huge land area you can always opt for a flat. This will only cost you £30,000. Again, you can rent out the flat when you’re not using it.
Salvador is a good alternative and a lot more economical than Spain. The souths of France, Italy or the Mediterranean are also good alternatives. A flat in Spain will cost you more than £150,000. What’s more Spain’s real estate industry has already reached its climax, so growth rates have slowed and prices are already up to the ceiling. If you want really long term investment and you can afford it then choose Spain, but if you want an unsaturated market that can give you the long, and short term advantage, then Salvador is the right place for you.
It is important to act now while the Salvador real estate market is still not fully utilized and encumbered with investors, so as to get a leg up and establish roots and find just the right property to buy.