Brazil Property News: Obama to visit Brazil




18th August 2008 07:00


Those considering property for sale in Brazil could be interested to hear that Barack Obama is planning a visit to the Latin American nation, it has been reported.

According to the Mercopress news agency, the US democratic presidential candidate has earmarked the South American country for a trip following recommendations from political advisors.

His visit would be to deliver a strong message of rapprochement and it aims to counteract his Republican opponent John McCain's trip to Colombia.

The agency reports that the Obama team consulted with senator Chris Dodd and New Mexico governor Bill Richardson, who are considered to be experts on the region, about which countries to visit.

Meanwhile, in other Brazil real estate news it was reported by A Place in the Sun Magazine that Brazilian property is set to benefit from new infrastructure being put in place for the 2014 World Cup.

"Brazil's middle-classes are booming. Sao Paulo and Rio are the hub of that, especially Sao Paulo, which is more of the commercial hub than Rio but maybe this will drive the commercial significance of Rio as well," the publication's editor Richard Way added.


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