Itamaraca is a tropical island in NE Brazil, an hour’s drive from Recife International Airport, with a long road bridge connecting it to the mainland. Most of the island comprises protected forests, but on the ocean side are miles of long white sandy beaches, mainly fronted by weekend holiday homes of the elite and wealthy of Recife. All kind of beach and watersport activities are available on the island.
After visiting 192 countries, Anthony Asael, international photographer and Manga Verde Beach Residence Partner and developer, calls Itamaraca one of the most beautiful and peaceful places on earth.
Brazilian buyers are returning and foreign investors are keen to snap up properties still for sale at low prices, while the state government is attracting billions of investment into the area all around the island. Prices are rising, but it is still cheaper to buy here than almost anywhere else in NE Brazil.
Brazil is on the way up, Itamaraca even more so, and this is a perfect opportunity to invest in a genuine beachfront home on a tropical island in NE Brazil, at unbeatable prices.
With a history dating back almost 500 years, a wide range of delicious seafood caught locally, and covered in fruit trees, you would expect island property prices to be high… but you would be wrong.
The existence of two old prisons has had an adverse effect on property values, and the image of the island overall, over the past several years. Now that the state government is in the process of closing the prisons, and moving the prisoners to a new facility far away on the mainland, the island is receiving renewed interest from national and international buyers.
For further information on the island please visit www.ItamaracaTourism.com