In the News
Property Forecast March 2008 propertytrendarticle “Brazil is booming and this is a good time to get a piece of the property action claims Manoj Chawla, Managing Director of Alexander Richards Ltd, one of the first UK companies to specialise in the Property Market”. Folha de S.Paulo March 2008 O filão atrai investidores de outras partes do país --e do mundo. Como a empresa inglesa Alexander Richards, que se especializou no nosso mercado. Seu diretor, o indiano Manoj Chawla, conversou com a Folha no saguão de um hotel em São Paulo. "Para os padrões europeus, o custo da propriedade [no Nordeste] é incrivelmente baixo, e a qualidade de vida, incrivelmente alta", diz.
Latin Business Chronicle, September 2007:“Manoj Chawla, managing director of Alexander Richards Limited, a UK real estate broker specialising in Brazil agrees: I think that the Brazil real estate sector is seeing strong growth driven by a number of factors [including] strong economy driving demand across all sectors, declining interest rates and availability of mortgages fuel domestic demand for residential property, increased foreign investor demand increasing capital via Bovespa…”
Mail on Sunday, 9th September 2007:“Real estate consultancy, Alexander Richards is marketing two off-plan developments within Costa do Sauipe. Incorporating 175 luxury four-bedroom villas, prices start from about £165,000. For those on a smaller budget, bungalows and apartments at the nearby Sauipe Golf Terraces start from about £75,000.”
A Place in the Sun Magazine, August 2007:“Gareth Moore, of agents Alexander Richards, says: For the past three years, there’s been 20-25 per cent appreciation on good quality developments in Natal.”
Director Magazine 2007:“This is the most beautiful, undiscovered part of the world, says Manoj Chawla, Managing Director of property company Alexander Richards. By European standards, the cost of property is incredibly low and the standard of living incredibly high.”
Irish Mail on Sunday, October 22 2006:“A growing number are recognising that property in Brazil is outstanding value for money, says Manoj Chawla of Alexander Richards, a British based property agency specialising in Brazil.”
The Telegraph, October 2006:”Manoj Chawla, MD of estate agent Alexander Richards dealing with the UK sales of Sauipe, says: This is a very beautiful, undiscovered part of the world. Over the next two years, I see Brazil, which is showing good growth and investment in tourism, becoming as strong as Bulgaria and other Eastern European markets. Brazil is ideal for the UK overseas property buyer.”
Sunday Guardian, 23 September 2006:“Property firm Alexander Richards says, Brazil is the place we will be hearing a lot about over the next year or two. Already prices are rising at 20% plus a year”
OPP Magazine, August 2006:”Manoj Chawla of Alexander Richards says: ‘Bahia is probably the most established area in Brazil for foreign buyers. It was the first to cater for tourists looking for a sun / beach holiday. Bahia is well established because it has a good planning and environmental control regime, has regular international flights from many European cities and good amenities, as well as facilities such as golf courses, which are still quite rare in Brazil.”
Irish Tribune, 19 February 2006:”HAILED as the next Marbella or Algarve, Brazil has recently emerged as one of the latest property hot spots for Irish investors. British company Alexander Richards has just launched a range of Brazilian properties from small seaside houses to penthouses suites and development land, in Ireland”
Property Investor News:”Manoj Chawla says, ‘The North East of Brazil makes good sense for any investor looking to invest in tourism and related areas. Buyers can expect strong returns and appreciation of 30% on average.’ Manoj adds ‘Land prices have also appreciated strongly in the last few years.’”
Irish Entrepreneur Magazine:”It comes down to strong economic fundamentals, Manoj Chawla explains ‘Like for example, falling interest rates, the base (or selic) rate has fallen from 26.5% (March 2003) to 14.75%. Then there’s huge foreign reserves, plummeting inflation rate, unprecedented growth in foreign tourism, improved fiscal controls, falling unemployment, good economic expansion and foreign direct investment of $30Bn. And that’s even before you factor in the unspoilt beauty of the country and the natural warmth and friendliness of its people. Or the cachet of owning a home in such an exotic location beats the socks off your average European hot-spot a
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