Brazil Property News: Rio de Janeiro 'a top holiday spot'




21st October 2008 02:37


The Brazilian city of Rio de Janeiro has been deemed a top tourist location by one publication.

According to the Press and Journal, the nation's second major city is offers a glamorous getaway that even James Bond himself would be attracted to.

Praising the region's lively nightlife and beautiful beaches, the newspaper adds that visitors are also attracted to the famous Rio Carnival and the city's statue of Jesus.

It adds that due to a favourable exchange rate many Brits are choosing to invest in property in Brazil, with Rio's beach-front properties providing goof rental returns.

The publication states that prices for a two-bedroom house start at £40,000.

Previously, Sotheby's Brazil stated that the nation's housing offers a good deal for investors, referring to it as a "safe haven" which has remained unaffected by the current global housing crisis, reports Brazzil Magazine.

"Brazil has great opportunities to offer investors," Fabio Rossi, director of the firm, told the news provider.


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