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Brazil Property News: Brazil 'leads Latin America's strong economic performance'
21st February 2008 11:45
Brazil has been described as "leading the Latin American surge" this week by an industry expert, those considering buying property in Brazil may be pleased to hear.
Senior manager of the Blackrock Latin American Investment Trust, Will Landing, told Trustnet.com that Brazil's exports are being fuelled by an appetite for agricultural and mineral commodities in China, which is having a positive knock-on effect on Latin America as a whole.
Landing said: "While the region's biggest economy Brazil is indeed exposed to commodities prices, any collapse in, say, iron ore prices in the style of sugar would likely signal a global recession, which would mean investors in any case would not be counting on equities."
Earlier this month, another independent financial advisor praised Brazil's economic credentials and tipped the nation as a prime spot for property investors.
Finance Daily advised that Fortaleza in the north-east of the country has become a lucrative spot for property investment for people looking to buy a second home.
For more information on Brazil property investment and to find out about uv10's latest projects, contact uv10 on 0845 643 1036 or email info@uv10.com or visit our website: http://www.uv10.com
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How to invest in Brazilian property
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