Brazil property owners to ‘benefit from good feeling’
The optimism that Brazil is currently feeling will benefit property owners in the country, according to a finance president.
News agency ANBA reported that Salim Taufic Schahin, Arab Brazilian Chamber of Commerce president, said that there is good feeling in the country thanks to investment opportunities which are being presented following recent sporting hosting decisions including winning bids to host the football World Cup in 2014 and the Olympics in 2016.
The president, speaking at a conference in Turkey, said that the good perception of the country, which is set to boost Brazilian real estate owners, was being felt by bankers, ministers and businessmen alike.
"Much investment should come and we will have an important flow of capitals and lines of credit opened," he commented.
Brazil will host the 2014 football World Cup and then the Olympic Games two years later.
It is expected that as well as welcoming thousands of tourists to the country, improvements will also be made to its infrastructure, including the introduction of a multi-million pound bullet train for Brazilian property owners to use.
