Glenda Chagas
Partner(The company name is only visible to registered members)
- 60170041 Fortaleza
- Brazil
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- Haves
- Edit A portfolio of real estate & renewable energy investment opportunities. Government affairs & political access. Contacts with Principle Industry & Market leaders in Brazil. In-depth knowledge of market trends & tendencies in Brazil. Understanding of language, culture & business etiquette in Brazil. Understadning of legislature in Brazil. Real Estate Houses for sale in Brazil, apartments, land, land for development for sale in Brazil, property for sale in Fortaleza City Area, hotels & resorts for sale in Brazil, investors for real estate in Brazil, office space for sale in Brazil, commercial for sale in Brazil, income producing cash generating investments in real estate in Brazil. A-Z services for investors & property developers from procurement, negotiations, project design & feasibility studies, project optimization, project approvals, licenses, building permits, financing, sales strategy, marketing, advertising, promotions, exit strategy. We also can provide property & investment procurement & research on other issues and laws such as legal due diligence on properties ( deeds, titles, ownership procurement, liens, debts, any otherwise negative legal action etc...), Maritime Tax, Taxes in all aspects, housing statistics by city or state ( or lack of ), realistic occupancy rates of hotels & resorts for cities and states, immigration law, corporate law, civil law, financial information such as mortgage rates, inflation adjustment rates, interest rates for deposits, stocks and bonds, company histories ( financial & legal ), FOREX exchange rate history ( effects of, affecting factors & variables ) to name a few, etc... Renewable Energy Principle energy types: solar, biomass, wind, hydro & thermo. We operate globally with offices in: • Western Europe • Central and Eastern Europe • North America • Netherlands • Greece • Brazil M & A SERVICES SELLER REPRESENTATION BUYER REPRESENTATION RAISING CAPITAL STRATEGIC ALLIANCES & PARTNERSHIP
- Wants
- Edit Banks, investment advisers, green funds, pension funds, renewable energy projects & investors, insurance groups, equity firms, mutual funds, exchange traded funds, pension funds, stock brokers, doctors, lawyers, bankers, seed, venture & operating capital, private equity, capital firms, financial institutions, partners, investors, hedge funds, investors clubs, angel investors, trust funds, fund managers, chief investment officers, high net worth individuals, wealth managers, property & renewable energy developers, contractors, engineers and managers and clients for the North-East of Brazil real estate market and our extensive portfolio which is one of today's and the worlds' most interesting regions for high ROIs and low-risk ventures. {{{People interested in taking advantage of the current global markets situation especially concerning Brazil.}}}
Professional experience (8 years, 5 months)
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Jan 2005
- present
(8 years, 5 months)
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(Only visible to registered members)
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Jan 2005
- present
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Aug 2005
- present
(7 years, 10 months)
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DOWNLOAD OUR DIGITAL BRAZIL PROPERTY BROCHURE AT:, http://groups.google.com/group/investinbrazil/web/BRAZIL3FINALpowerpoint2007.rar
Industry: Real Estate
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Aug 2005
- present
Educational background
- Aug 2004 - Aug 2008
-
UNIFOR
FOREIGN TRADE FOREIGN COMMERCE
4 years Foreign Commerce and now 2 more in the economy fields
- Languages
- English, Spanish, Portuguese
About me
North East accounts for 28% of the Brazilian population and is
responsible for only 14% of the GDP. So, why, today it is so important
to the Brazilian Economy?
North East of Brazil is the fastest growing geographical location in
the country and here is why:
The North East Region had the highest growth in production and
employment much above national average. Whereas the National average
for growth in 2009 was -0,1% the growth in the North East was 1,5% and
National employment average in 2009 was 0,95% and 2,52% in the North
East of Brazil. The effects of this have made the population of the
North East Region has become a great consumer and retail has increased
dramatically. The average income has been growing 7,3% annually since
2003 while the national average is 5,1%. The national growth for car
sales between 2003-2009 was 87% while North East climbing to 107%, the
national average growth of total commerce between the years of
2003-2009 was 66% and a stunning 97% in the North East.
Today, most of large corporations and companies from the South of
Brazil are racing to get a piece of the market in this region of the
country while European investors have been enjoying the lucrative
results for more than a decade now.
The main reasons for this fact were the numerous investments in the
Infrastructure and Industry sectors.
MARANHÃO
R$5,2 BILLION for the expansion of the Alumar Refinery, Alcao
R$240 MILLION for the expansion of the Itaqui Port
MARANHÃO & PAIUÍ
R$6 BILLION for Suzano Factories
PIAUÍ
R$5,4 BILLION for the TransNordestina Railroad
CEARÁ
R$423 MILLION for the expansion of Pecém Port
R$4,5 BILLION for the relocation of São Francisco River
R$9 BILLION in infrastructure projects, upgrades and works for the
2014 World Cup
PARAÍBA
R$2,1 BILLION for expansion of the BR-101 Highway
PERNAMBUCO
R$8,7 BILLION for the Abreu & Lima Refienry
R$2,9 BILLION Saupe Industrial Complex
R$981 MILLION Saupe Petro Chemical Plant
R$500 MILLION for the Novartis Factory
R$310 MILLION for the Sadia Factory
R$280 MILLION for the Perdigão Factory
R$100 MILLION Kraft Facotry
SERGIPE
R$20 MILLION Estrela Factory
BAHIA
R$1,9 BILLION North East - South East Gas Pipeline
R$3,5 BILLION Landulpho Alves Refinery
R$50 MILLION Expansion of Nestle Factory
R$50 MILLION Votorantim Cement Factory
Interesting Facts.
Salvador Bahia.
The largest residential development in the country is located here
where 2,200 workers labor 6 days per week. 5 years ago there was
nothing but weeds growing here and now there are shopping malls,
universities and many many residential condominiums. 18 towers are
erecting with at least 16 floors each and 64 apartments. In less than
one year 1000 of the 1138 apartments where sold off-plan with prices
ranging from R$ 420,000 to R$ 1,1 Million.
Conclusion.
Thus, as we have given a green light to all institutional, private and
corporate investors 6 months before world's top 50 banks for Brazil we
are now giving it yet again to all investors interested in investing
in the North East of Brazil Region.
The market is there, go get it, get to know the place, mentality,
culture and innovate. There are many opportunities open and many
services & products that do not exist as of yet !
A bit more about the Fortaleza City Region.
The PROs.
By now, most of our readers know that this location has the great
summer climate ( about 300 days annually), is the host to the largest
South American Water Park ( Beach Park
city in the region ( over 3 Million pop ), has direct flights from
many US & European locations, is the most proximate to them, had the
highest economic growth in the entire country in 2008 (6,4%), there
still is over 160,000 unit housing deficit, super popular as domestic
tourism destination and is a long time favorite with most Europeans as
well, kite surfing Mecca (second on the planet according to
professional athletes), is the World Cup host City, 2013 Confederation
Games to be hosted here (rehearsal for the cup), is a huge tourist
magnet, yadda, yadda, yadda, blah, blah, blah...............
Here are some additional points:
Some of the best infrastructure in North East Region.
Consuming beast when it comes to imported/luxury cars, clothes,
electronics and anything imported. People here are shopaholics and
show-offs and they pay premium.
Less corruption. More investor friendly.
Headstrong government that fights for the State of Ceará. Governor Cid
Gomes is one of the best things that has happened to it in over a
decade. Has improved the place and secured much Federal assistance.
Great Security measures with hiring additional police forces and
acquiring large volume of vehicles and technology for their use.
I consider Fortaleza City today as Rio de Janeiro #2 in growth,
popularity and overall rankings with less violence, crime and chaos.
Calmer, much calmer than most large urban coastal cities. Ranks below
number 10 on the national list of crime levels.
Education here has improved tenfold in the past 10 years. Medical,
Legal and Technology fields are not only wide open but there is a
very increasing demand for these professionals. Meaning, the job
market for trained, educated professionals is here and it helps many
persons in relocation to this part of the world.
As far as real estate investments are concerned the time terms are
usually shorter, ROIs are higher and the risk levels lower than most
of the North East Region of Brazil. This market is much more
accelerated than any other large city in the area. I guess this would
be the reason why all of the main real estate and construction
companies from other parts of the country are either already here and
carrying on everyday business as well as others well on their way.
Rental market is out of proportion. It is much, much better than
everyone writes, much better than any article you may have read. This
is intended for property owners & investors of course. If you are
tenant you are, well, out of luck.
The tourism market this year has caved in, literally. The supply could
not meet the demand. Fortaleza City has received over 2 Million
tourists this New Year's. These were national tourists and foreigners
alike. That number might even be underestimating the situation. We did
a little market testing and research. In end of October we were
looking for hotel, resort, inn, flats and apartments for our friends,
clients, guests, family members etc...The prices hit the roof, no I am
wrong, went through the roof. You would have to pay 50% - 100% more
than in 2005 if you were looking in this period of the year to reserve
anything between 1st of December all the way up until 1st of March. By
the time end of November has rolled around 99% of options were gone.
Now you would have to pay double and triple. This is including beach
front rentals all the way 90 minutes outside of town.
Regular residential rentals from R$500 - R$1000 usually require 24 -
36 month contracts. You would be very lucky to get a 12 month one. You
will have to additionally pay condominium association fees and even
sometimes have a co-signor.
The phone conversation with the agent or owner will not last 5
minutes. They have a long line of interested parties.
Contract terms for the R$1000 - R$2000 per month range are not much
different and the demand is only about 15% - 20% lower.
All of the new jobs being created, all of the companies relocating
employees, international immigrants and all of those new laborers who
don't stop migrating to this city have caused this situation. Also,
the population is multiplying as always. The situation is growing like
a body builder on steroids.
It will take you a whole 90 days to rent out your apartment for 24-30
month terms and a hefty, healthy monthly price, if that long.
The CONs.
Mostly social problems that do not affect investors who do not plan on
residing here.
Untrained, language limited work force. The tourism industry suffers
the most in this instance. Even though I have seen great improvements
there is still much, much work to do in this field. If I have been
living here for over 6 yrs ( min 9-10 months annually ) and still
have complaints and have not gotten used to the service there is
something wrong with this picture.
Illiteracy is very high. Distribution of income is still bad. Security
is not up to par when comparing to US or Northern Europe. Public
schools are a nightmare...until you get to University level where
public schools are of the highest results. Roads could be bit better
than I currently like and public transportation (rail) needs a
complete overhaul. Do not blame me for saying this but Chicago being
my hometown I do miss some of those "luxuries". All of these issues
are supposed to be taken care by the time 2014 World Cup comes around.
This remains to be seen but social problems normally take years if not
decades to resolve.
Enough talking...see for yourself:
Examples:
Brazil is on a roll here….
Wow, The 2014 World Cup, 2016 Olympic Games and now this ? ! ?
Brazil purchases a bonus of U$D10 Billion and becomes a creditor for The International Monetary Fund for the first time in history ! ! !
The good news does not seem to stop surging for Brazil. Risk-Assessment, Financial and Credit Ratings will go through the roof now to Class-A rating. This is it…Brazil is officially in The Big Boys Club! Everyone is already scrambling to invest in Brazil, whether in the real estate property market, services, banking, manufacturing, foreign trade, Forex brokering or any other sectors….
Excerpt from France Presse
Brazil officially committed itself to acquire U$D10 Billion in bonus from The International Monetary Fund this Monday October 5th 2009 and reflecting its growing weight in the global economy circuit. “We passed from being borrowers to being lenders. This is a radical change.” Declared Guido Mantega, The Minister of Brazilian IRS (Ministro da Fazenda) after delivering a letter to the General Director of International Monetary Fund.
Mantega had announced that Brazil will lend the funds to IMF in June. In April, when the idea of the possibility was announced for the first time President Inacio Lula da Silva asked the journalists that were covering the G20 event in London “ Don’t you guys thin that Brazil lending capital to IMF is elegant?”
“This is a historic moment for us. This is the first time Brazil lends funds to IMF and therefore to the International Community”, emphasized Mantega who participates at the annual meetings in Istanbul.
The minister reminded of the U$D30 Billion 2002 IMF Package that Brazil benefited from. The amount was the highest lent in history by any financial institution.
Applying rigorous auditing President Lula cleared the debt in 2005. Brazil is amongst the countries that are dealing very well and overcoming the global economic crisis after a very short recession.
In my personal opinion Brazil did not have a true recession. But we are not going into details as to on which grounds.
Mantega made the announcement three days after Rio de Janeiro’s victory (Oct 2nd 2009) in the competition for the 2016 Olympic Games over Chicago, Madrid and Tokyo.
The Brazilians partied all weekend long and went back on Monday to working hard.
In the letter delivered to the hands of General Director of IMF, Strauss-Kahn, Brazil commits to “sign an agreement for the purchase of the bonus emitted by IMF for the value of U$D10Billion on the terms of the signed contracts”, explained Mantega. “We are signing for two years” declared the minister, adding that the agreement will be ratified “in the next few days.”
“It is important to state that the capital is a part of our reserves but this does not signify that it will in any kind of way diminish Brazil’s internal availability & capacity. It is only a change in our assets,” stressed Mantega, stating that the country purchased bonus which can be sold to any other country without returning it to IMF.
“With these resource s IMF will be able to assist countries that are in need of liquidity”, said the minister, explaining that, with this attitude, Brazil responded to General Director Strauss-Kahn solicitations made to the members of the fund not to accumulate their capital reserves but rather contribute to the recuperation of the global economy.
BRIC
According to Mantega, The BRIC countries ( Brazil, Russia, India and China) decided to purchase a total of U$D80 Billion in bonus from the fund distributed in the following manner: U$D50Billion Peking, U$D10Billion each Brasilia, Moscow and New Delhi.
Now, the four countries are going to negotiate a possibility to allocate their respective titles in new agreements in order to obtain new loans for a program which then will permit the IMF to make available U$D500 Billion for fast relief to the countries with the most difficulties.
The BRICs, furthermore, made conditions on this decision for a guarantee that their decision powers will be proportional to the contributions made to this program. The fund, in return, committed to raise the earnest interest rates up 5% for the emerging countries until 2011.
The U$D80 Billion invested by the BRICs represent 16% of the U$D500 Billion in the program, which would give the group minority blocking powers.
On Sunday, Strauss-Kahn announced that the institution was in great need of “ considerable increase” of resources to assist the countries most affected by the worst crisis since The Great Depression.
Translated and enriched by:
©Martin Gajewski Jr.
Offshore Investment Consultant Brazil
For Glenda B. M. Chagas
Property Broker & Manager
Fortaleza City, North East Region
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