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9th July 2008 05:18
Property in Brazil could benefit from increasing numbers of tourists after the discovery of a new reef structure off the southern coast of the Latin American nation was announced.
Scientists unveiled the discovery in a paper presented today (July 9th) at the International Coral Reef Symposium in Fort Lauderdale.
Researchers from Conservation International (CI) and the Federal Universities of Espirito Santo and Bahia found what is being touted as the world's most unique and important reef.
It is predicted the find doubles the size of the Abrolhos the Southern Atlantic Ocean's largest and richest reef system.
Rodrigo de Moura, CI Brazil marine specialist and co-author of the paper, said: "We had some clues from local fishermen that other reefs existed, but not at the scale of what we discovered.
"It is very exciting and highly unusual to discover a reef structure this large and harbouring such an abundance of fish."
The CI aims to protect life on Earth and to demonstrate that human societies will thrive when in balance with nature.
When it comes to property investment, the early bird really does catch the worm.
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