Brazilian property market ‘in a good position’
The Brazilian property market is in a good position at the moment and will be bolstered by the 2014 World Cup, one expert stated.
James Gonzalez, market analyst at Obelisk Investment Property, told the Move Channel that the country is well placed, following the announcement that 12 Brazilian cities will host the finals of the football competition.
He said the Brazilian property market has "everything going for it" at the moment, with this set to improve when thousands of fans flock to Natal, Fortaleza, Belo Horizonte, Brasilia, Cuaiba, Curitiba, Manaus, Porto Alegre, Recife, Rio de Janeiro, Salvador and Sao Paulo for the games.
The benefits the competition will have on Brazilian property and the Natal region have recently been highlighted by Samantha Gore, sales and marketing director at real estate agency UV10.
She said that local transport links and facilities will be "automatically" improved and will boost progress already made on Natal’s airport, adding infrastructure in the area will be boosted, which will help Brazilian property owners.
