Brazil is the ‘best of the emerging countries’
The positive outlook for Brazilian property is being backed up by the attention it is attracting from global business leaders.
R Viswanathan, a former head of the Latin America and Caribbean division in the Ministry of External Affairs in India, told the Financial Express that companies in all fields around the world are excited about developments in Brazil.
In pointing out the prosperity of the country, he said that Sao Paulo is home to the largest fleet of private jets and helicopters, ahead of places such as New York or Tokyo.
"Now, Brazilians have woken up. They are convinced that their time has come. They are determined to unlock their potential. There is a paradigm shift in the mindset of Brazilians and there is a new confidence, optimism and vision among the political and business leaders," he added.
Mr Viswanathan also said that Brazilian property investment is benefiting from government policies which are based on a broad consensus, finding equilibrium between pro-poor and pro-business.
The outlook is so positive that Christopher Chadd, head of research at Property Frontiers, said that it was the place to be, ahead of the likes of France, Spain and Portugal.
