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Economic figures give encouragement to Brazilian property investors

Brazilian property investors have been told that economic figures and infrastructure funding is making the country the place to be.

A brochure produced jointly by Guso & Jorgensen real estate group and Grup Immobiliari project management said that Brazil’s economic performance is moving at such a pace that it is expected to be one of the top five global economies by 2050.

Furthermore, the groups said that Brazil is totally self-sufficient and, thanks to recent oil discoveries, has some of the largest reserves in the world.

Referring to Brazilian property hotspot Natal, in the north-east coast of the country, the real estate specialists said that, as it has been chosen as a host city for the 2014 football World Cup, it will benefit from three billion reais (£1 billion) worth of investment in infrastructure.

Brazilian property hunters seeking a warmer climate will find Natal is perfect, being known as the city of the sun, while it is also blessed with some of the country’s most stunning beaches such as Pipa and Baia Formosa.

Tags: Brazil, Economic News, Real Estate

January 12, 2010

Economic News

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