Rural estates getting more expensive in Brazil

A survey by the Commercial Properties, a real estate company, noted that the region between Lucas do Rio Verde to Sinop in Mato Grosso, is one of the locations that house the most expensive rural estates in Brazil. Each hectare in rural areas increased by about 30% this year alone.

Two years ago an hectare in Sorriso was sold for about R$ 13 000, representing an increase of 60%. The increase is due to overproduction of two crops, corn and soybeans. The broker believes that cotton production has also contributed to the enhancement of areas in recent years. “The cotton leaves the soil more fertile, because it uses more fertilizer. This has attracted many entrepreneurs looks. ”

In addition to the feathers, the technology used in agricultural production has also influenced the price increase, and the high productivity of various crops grown in the region. “Logistics is also a plus, because the BR 163 is already a reality for us here in the Middle North,” he says.

According to the CEO of Commercial Properties, Aloisio Barinotti, the overproduction of soy in Sorriso and the region has attracted looks of business, including those living abroad. “There are many foreign businessmen taking advantage of the good time to buy soybeans produced in this region of Mato Grosso,” he stressed.

He points out that the North is different from Middle North on the issue price per hectare, more this reality should change soon. “The topography in Nortão has a less privileged aspect that in Sorriso, but the foreign market is ever increasing consumption and the Chinese, Indians need to eat, and somewhere that food must be produced, I believe that Nortão will be greatly requested for the next years” predicts CEO.

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Joe Cloud
Dutch, American, Brazilian... lived there for 5 years and owns property in Brazil. Out of the country for a few years now and would like to go back, however current circumstances tell me it's not the right time.

Published by Joe Cloud

Dutch, American, Brazilian... lived there for 5 years and owns property in Brazil. Out of the country for a few years now and would like to go back, however current circumstances tell me it's not the right time.