Brazil is a 'top destination' for international property investment
Halifax, Feb 11, 2010
International property buyers are looking to Brazil as an attractive investment destination, according to the country’s official tourist office.
Interest has been growing in Brazil since it was announced that Rio de Janeiro would be holding the 2016 Olympic Games. The country will also be holding the world cup in 2014.
Glauco Chris Fuzinatto, director of UK and Ireland for the Brazilian Tourist Office, said that "economy in Brazil is the strongest it has ever been".
"People who want to invest in Brazil are going to have to invest quite quickly because there has been a huge investment in the infrastructure so the housing prices are starting to get high," he explained.
The north-east of the country was named as an "up and coming destination" for investment, in particular with those looking for second homes and holiday properties.
Homesgofast.com also said at the end of last year that Brazil was going to be the top international property investment destination in 2010.
