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2021 has started well for Ceará real estate with a surge in mortgage lending and purchases of land. Both increases point to a surge of interest in property this year. This high demand means that new-build second homes are currently in short supply and coastal areas are experiencing an increase in prices.
Ceará land sales surged in 2020 on the back of strong demand. Analysts report an extremely busy start to the year and expect sales to go by 50% throughout 2021. Reasons for the appeal for plots in Ceará include high returns (at least 10%), cheap mortgages and the opportunity to buy a tailormade home.
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