When we talk about the booming real estate market in Florianópolis, we often forget one important factor: because most of its territory on an island, the land supply is practically not renewed, decreasing every year. It seems obvious, but the fact that it is impossible to expand an island makes the land in the insular portion of the capital of Santa Catarina more valued than in other cities of the same size or standard of living. In Florianópolis, this increase is even greater and faster due to the large number of people from other states and countries who are increasingly choosing the Island of Magic to live in. To cite an example, in Real Parque, a planned neighborhood of Real Urbanismo, in the New North, in only one year, land appreciation was around 35%. In the long term, the appreciation of these lands tends to exceed 100%.
FLORIANÓPOLIS: QUALITY OF LIFE AND VALUATION OF YOUR INVESTMENT
Much is said about quality of life and development indices of the State of Santa Catarina and, especially, of its capital, Florianópolis, however, the city is not only a great destination to live and to undertake, but it is also a barn of great business especially for those who wish to invest in land.
Quality of life attracts new residents
It is impossible to speak of Florianopolis without mentioning the quality of life of the inhabitants of the city. Floripa is ideal for those who wish to undertake and live in the best city to raise children, and the capital with the highest Human Development Index (HDI) in the country.
Valuation of more than 2000% in ten years
The decentralization of Florianópolis has led many investments to the northern region of the Island. This process gained momentum in the early 2000s, and the overvaluation was felt in the first decade: the square meter around the SC-401 highway was worth about 70 reais in 2002; in 2007, R $ 600.00; and in the first two months of 2013 it cost up to R $ 1,500 thousand, reaching the high rate of 2000% of appreciation.
The biggest responsible ones are undoubtedly the technological parks, with companies that grow, on average, 20% a year, and render to Florianópolis the nickname of “Silicon Valley of Brazil”.
With such an optimistic market, with such a growth prospect, this is the time to acquire land in Florianópolis, even if there is no intention to build in the short term, the business is excellent for those who want concrete and large income in a few years.