Brazilian property has ‘tremendous, unique potential’
Those who are interested in Brazilian property have been told that the country has a "tremendous … unique potential" by an industry expert.
Paul Fenelle, a regular visitor to Brazilian property for investment purposes, said that with tourist zones in the north east of the country improving in safety, the mounting market for holiday, residential and rental property could prove to be an "exceptional investment".
"The Ceara state, in the north, with a typical tropical environment, is also a good place for real estate investment. Formalize is at the centre of this region, and is the great hub for a vast region, largely untouched by the development," he added.
Mr Fenelle also commented that the state of Bahia, on the north east coast of Brazil, is the "best bet" for investment in real estate.
The area’s stunning beaches, moderate tropical climate and cheap properties make it an excellent location for Brazilian real estate investment.
Bahia is also set to benefit from infrastructure improvements in the coming years, when the football World Cup in 2014 comes to Bahia.
