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Brazil Property News: Expert: Brazil's investment potential is "untapped"
11th April 2008 02:28
A Brazilian property developer has praised the Latin American country's investment potential.
Invest Tur has stated that Brazil has been largely untapped by foreign property buyers, reports MarketWatch.
The firm is involved in creating real estate in popular tourist areas.
Carlos Novis Guimaraes, chairman of the board at the organisation, said that the country had a good mixture of natural beauty, pleasant climate and cultural attractions.
"From the Amazon to tropical forests to colonial history to beaches, it's a myriad of natural and very high-level attractions that have been vastly underdeveloped," he added.
Mr Guimaraes declaration could be of interest to people considering buying property in Brazil.
Meanwhile, the BBC reported that Brazil was South America's most influential country and an economic giant with a history of economic growth unhindered by high inflation or foreign debt.
According to the Economist, Brazil's economy is forecast to grow by an average of 4.2 per cent per year from 2008 through to 2012.
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
When it comes to property investment, the early bird really does catch the worm.
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