One recent buyer at Girassóis Lagoa Resort is London-based Gilles Acogny, 47, who runs a consultancy firm specializing in helping companies define, improve and execute their sales strategies. A seasoned overseas investor, he already owns properties in France, Senegal and the UK. 

“I’ve been following the fortunes of the BRICs countries (Brazil, Russia, India, China) for the last five years with a view to investing, “ says Gilles. “I think Brazil is the safest in terms of medium term investment and the most friendly to foreign investors. There are still some barriers to entry but it’s a strong and growing economy. 

“What attracted me to the Beltico Group’s condo-resort at Girassóis Lagoa Resort was their track record of successful resort management in Europe and the fact that they already own the Pousada dos Girassois in nearby Pipa, which runs at 85% occupancy levels all year round.

“I intend to hold my property at Girassóis Lagoa Resort for at least 3-5 years and anticipate that the capital growth should be around 20% per annum, based on recent past performance in the area. The resort also offers owners a guaranteed investment yield of 5%, but I plan to choose the alternative, a 50% share of the guest revenues generated by my units, which I think will amount to more each year. 

“As an investor, I also liked the fact that the Beltico Group handles all the legal and administrative issues around my purchase for me. It’s an easy, hassle-free way to invest in a booming economy.”

So will Gilles be spending more time in Brazil now he has a stake in the country? “Well, having been there on business, I certainly now plan to go on holiday!” says Gilles.