World cup will bring over 62bn reais to brazil

Brazilian developer Ritz Property highlights Natal as a key hotspot for investors. The capital city of Rio Grande do Norte receives more than 3,000 hours of sunshine each year, notes the company, and is famous for its white beaches, with the most popular being Ponta Negra (or 'black tip') where tourists and locals alike enjoy Caipirinhas on the beach.

It is these Dunes that have lent their name to the recently developed Estadio das Dunas that will host 42,000 people as part of the much-anticipated football tournament this summer. With the second match of the tournament kicking off on 13th June at the brand new Natal stadium, a global audience will be watching Natal with growing interest.

Andrew Thompson, Group Sales Director of leading Brazilian property developer, Ritz Property, argues that the city is "firmly set to take its slice of this prosperous pie".

“Natal offers the chance to purchase land as well as bricks and mortar at a more affordable rate than São Paulo or the ever popular Rio de Janiero, yet with huge potential gains in terms of growth and rental prospects," he comments.

"It is also set to open its new Greater Natal International Airport on May 22nd which will take the old airport capacity of 2.6million passengers a year to 6.2million passengers a year – an excellent indicator that the City is on the up and ready for business, always encouraging for property prospects.”

The company is now working on Costa Azul, a three-tower development in the neighbourhood of Petrópolis, which boasts 168 two and three-bedroom luxury apartments.

Is the Brazil property market ready for the World Cup? We'll be reporting in further detail as we count down the month until the tournament kicks off.