Brazilian property to be boosted by the country’s top ten economy
People could be flocking to buy Brazilian property soon, after a major economic report predicted it would do better than the UK by 2015.
The Centre for Economics and Business Research stated that in the next six years the ranking of countries in the world will change dramatically.
Brazil is predicted to rise to the top ten of the world’s economies, joining the US, China, Japan, Germany, France, Italy and Russia in the high end of the ranking.
The report means that Brazil and those who own Brazilian property are likely to have more of an influence on global decisions.
This prediction was backed up by Toby Simcox, sales and business development manager at overseas property firm International Homes Network, who recently said that enquiries for Brazilian property will rise "dramatically" in the coming months and years.
He said that this was partly due to Brazil faring better than other countries in the recession and recovering more rapidly.
