Property in Brazil

Brazil is with out doubt one of the hottest places to buy overseas real estate. Despite the global slowdown I am seeing consistent investment by international investors all hooked on Brazil. So what is making property in Brazil so attractive to overseas property investors?

President Lula is trying to increase the economic growth of Brazil in the face of the global economic recession. Brazil is Latin America’s largest economy and it is hoping the housing plans will help the country to continue to grow this year.

Hotel occupancy was up 23 percent for the time period when compared to a year earlier, with Carnival drawing immense crowds and nearly sold out rooms. Rio de Janeiro welcomed some 2.55 million visitors in January and February, 50,000 more than last year. Increasing tourism and increasing flights makes Brazil a great place to buy property abroad. Property in Brazil is causing great interest from overseas buyers and the trend is set to continue. In fact financial leading financiers Goldman Sachs, are ranking Brazil amongst the top 5 world economies by the year 2050. Brazil is one of the world s largest countries, with a current population of over 180 million, Brazil s economic potential is enormous. The optimism is based on current availability of cheap labour and materials, coupled with undervalued property and growing economy

Reasons to consider Brazilian real estate:

• Lots of sunshine 365 days of the year
• Inexpensive flights
• Low cost of living
• A unique atmosphere
• Excellent property prices
• Sound investment potential
• Strengthening economy
• Maybe safer than stocks and shares
• Early market means high returns

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