Brazilian property ‘up and coming investment location’
Brazilian property is one of the top areas to invest in thanks to the country’s blossoming economy, according to an industry expert.
Glauco Chris Fuzinatto, director for UK and Ireland for the Brazilian Tourist Office, said that the country’s economy is the strongest it has ever been, which is helping property investment in South America.
"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 added.
He added that the country’s current inhabitants are investing more in Brazilian property as they see the opportunities which are available to be had at the moment.
A recent report by Companies And Markets showed that the number of people looking at investing in Brazilian property could be on the rise as the country has seen incoming tourism numbers rise from 4.7 million to 7.2 million between 2001 and 2008.
