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Brazilian economy ‘growing at healthy rate’

The Brazilian economy will grow at a healthy rate despite any adverse affects felt by the global economic downturn, it has been claimed.

Henrique Meirelles, the president of the Latin American nation’s Central Bank, is quoted by Ready2Invest.co.uk as telling the Xinhua agency: "Brazil will undergo a deceleration in the credit next year, which will produce a general deceleration of the economy, but in a much lower pace than many countries."

Brazilian property investors could be interested to hear the website reports that Mr Meirelles predicts the economy will grow at a rate faster than the global forecast of two per cent.

Meanwhile, real estate firm Property Abroad claimed this week that the Brazilian property market has been growing in popularity over the course of the past few months.

The organisation tips the north-eastern resort of Natal as one for investors to consider.

Les Calvert, the firm’s director, said the location has attracted a number of properties being viewed and enquired about.

Tags: Brazil, Economic News, Real Estate

November 19, 2008

Economic News

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Best Small Agent 2010

uv10 is an award-winning member of the AIPP (Association of Independent Property Professionals), the industry regulatory body for the international property market.

This non-profit organisation has been set up in order to improve standards of professionalism and customer service in the sector. In a largely unregulated market, AIPP Members such as uv10 voluntarily agree to follow a strict professional Code of Conduct, which offers protection to the client.

uv10 is duty-bound to act with honesty, transparency and integrity in all dealings with the public and with its peers, and was awarded the accolade of Best Small Agent 2010 at the AIPP Award Show in London, for these very reasons. Please visit www.aipp.org.uk for more information.

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