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New York City (37)
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Sao Paulo's attraction mainly lies in its people and its vibrant cultures. The Avenida Paulista's Canyon of up thrusting skyscrapers is the major the city's sources of energy. The Japanese, Italian Nuova Cucina, Brazilian, Chinese, Jewish, and Arab restaurants are all familiar parts of the city's landscape and the array of nationalities living in Sao Paulo have made it a legendary city among gourmands. The Center of the Sao Paulo social scene is the Jardins district which is the center of the dining scene. Sao Paulo’s surrounding coastline is graced with many lovely beaches, and its entertainment and nightlife have attracted some best performers from all around the world which is good news for those who buy apartments Sao Paulo for rental purposes. The city has evolved into a center for Brazil's own martial art, Capoeira, whose dance-like motions are performed to music in the recent years. The most import business center, affectionately called the "Brazilian locomotive" that drives the national economy. 15 percent of Brazil's Gross National Product is generated in Sao Paulo. This city hosts major expositions, conferences, and international trade meetings in Brazil. The fast economic growth in the city mainly adds spice to the real estate for sale Sao Paulo. The office vacancy rate in Sao Paulo is at a record low of 8.5 percent after nationwide retails sales rose more than 10 percent in six of the first seven months of the year. The sales of securities are backed by mortgages while commercial Real Estate backed assets are taking off. The banks started to package more home loans to make room on their balance sheets for other assets while Mortgages are growing at a faster pace than saving account. The mortgage lending is expected to jump to $42 billion in 2010, up from $28 billion last year. According to Real Estate specialists, buy apartments Sao Paulo is now topping the list for serious Property Investors who wish to cash in on the boom. The government has put more effort into attracting Foreign Real Estate Investors. With the aim of creating legal security to advance Real Estate and tourism developments across the country the city will also strengthen its presence in the environmental sector.
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