|
Price of hectare of land in Brazil
sets record
Feb 11
The value of a hectare of land in Brazil is booming. The average price
of properties hit a record in late 2010, according to research from
Informa Economics / FNP. Southeast, Northeast and North are the areas
where the value of ha more increased: the price has doubled between
January and December last year. The biggest change occurred in Aripuanã
(MT), where the price of unimproved land in more remote areas increased
from 170 reais to 350 reais p/ha; an increase of 105.6%.
The survey mapped to view the prices of deals in 133 microregions of
Brazil. The average price per hectare reached 5,017 reais in last two
months of 2010, an increase of 9.1% compared to January of that year.
source: Instituto FNP (only Port) |
|
|
 |
Region |
Ave price May-Jun 09
Reais p/hectare |
Nominal Ave. Price
Last 12 mths (%) |
North |
1,366 |
-0.6 |
Northeast |
1,968 |
+3.6 |
Central-Western |
3,354 |
-0.4 |
Southeast |
7,704 |
+1.2 |
South |
9,046 |
+6.4 |
2009
However, average national land prices have risen 44.3% in nominal terms (7.6% per year in real terms) over the past 36 months as of mid-2009. source: Instituto FNP (only Port) |
