Rising Demand in Taubaté, Brazil

    Apr 16, 2021 @ 08:02 AM / by Mona Zayed

    569.Brazil

    Taubaté’s rental market experienced rising demand in recent months. I spoke with local housing sources who explained that many affluent Brazilians living in dense neighboring cities like Sao Paulo are craving more spacious properties and many have moved to condominiums in Taubaté. Since the start of the COVID-19 pandemic, rents increased for these types of properties, while availability decreased substantially. One source said that, prior to the pandemic, they would see around 10-12 new rental options become available in Taubaté per month and now they see closer to 1-2 options per month.

    Housing Compounds

    There are two main housing compounds in Taubaté.

    1. The first, and most expensive, is Taubaté Village, which features classic architectural styles and draws in an older crowd.
    2. The second is Green Park, which is comprised of more modern architecture and is popular with younger renters. No new housing developments have been added to the market recently, and sources do not expect new rentals to be added any time soon.

    Our sources stressed that there are several other factors creating complications in the market at this time. The Brazilian government's inadequacy in addressing the COVID-19 health crisis has stunted the country’s economy. In Taubaté, this led to the ongoing closure of certain automotive plants and a significant reduction in jobs. Though sources predict it will take a while for the economy to recover, rents for expatriate-quality housing are expected to remain generally stable in the coming months.

    Contact us today to learn more or click here for information on housing allowances.

    Contact Us


     

    About AIRINC

    Listen | Partner | Deliver.  For over 60 years, AIRINC has helped clients with the right data, cutting-edge technology, and thought-leading advice needed to effectively deploy talent worldwide. Our industry expertise, solutions, and service enable us to effectively partner with clients to navigate the complexity of today’s global mobility programs. As the market continues to evolve, AIRINC seeks innovative ways to help clients address new workforce globalization challenges, including mobility program assessment metrics and cross-border talent mobility strategy. Our approach is designed with your success in mind. With an understanding of your goals and objectives, we ensure you achieve them. Headquartered in Cambridge, MA, USA, AIRINC has full-service offices in Brussels, London, and Hong Kong. Learn more by clicking here.

    Mona Zayed

    Written by Mona Zayed

    Mona joined AIRINC in 2020 as a surveyor and analyst. Her primary responsibilities include researching international goods and services prices, conducting housing surveys, and analyzing the assembled data. She received her bachelor degrees from Boston University, where she studied Environmental Science and International Relations. In addition to English, Mona speaks Arabic. She is based in Cambridge, MA.